Western Blotting Market to be dominated by Instruments through 2028.
The increasing demand for personalized medicine is
expected to drive the growth of Global in Western Blotting during the forecast
period, 2024-2028.
According to TechSci Research report, “Western Blotting Market - Global Industry Size, Share, Trends,
Opportunity, and Forecast, 2018-2028F”, Global Western
Blotting Market is anticipated to grow at an impressive rate in the forecast
period, 2024-2028. This can be ascribed to the rising funding by
pharmaceutical companies along with growing adoption of personalized medicine
for the diagnosis of chronic diseases such as HIV/AIDS, cancer etc. Additionally,
the growing demand for biopharmaceuticals and biologics because of the growing
prevalence of chronic diseases such as cancer is expected to drive the growth
of the market during the forecast period. Also, growing research and
development activities in the biopharmaceutical industry for development of
novel drugs will further boost the growth of the Global Western Blotting Market
in the forecast period. Besides, Governments around the world are providing
support for biopharmaceutical research, including funding for research and
development, which is driving the demand for western blotting instruments. The growing
demand for expanding genomics and proteomics markets across the world is
influencing the demand for western blotting consumables along with instruments
and the development of the new product. Growing
demand for better imaging software for managing western blotting results is anticipated
to offer lucrative growth opportunities for players in the Global Western
Blotting Market.
However, the
high cost of Western Blotting including reagents, kits, and instruments can
limit the adoption of western blotting in certain applications, particularly in
resource-limited settings. Also, the lack
of standardization can be challenging due to the variability in sample
preparation, loading, and transfer. This can result in inconsistency and make
it difficult to compare data between different laboratories and experiments
which may further restrict the growth of the Global Western Blotting Market.
Browse over XX market data Figures spread through xx Pages and an in-depth TOC on "Global
Western Blotting Market”
Western Blotting market can be segmented by
product, application, end user, and region.
Based on the Product, the Global Western
Blotting Market can be divided into Instruments and Consumables. The instruments dominated the market in 2022
and are expected to continue maintaining their dominance throughout the
forecast period. This can be ascribed to its growing demand for personalized
medicine for the treatment of chronic diseases such as cancer and HIV along
with growing demand for checking the efficacy of treatment along with making
informed decisions for patient care. Similarly,
growing research and development for new treatments to diagnose chronic
diseases is expected to create lucrative growth for the global western blotting
market during the forecast period.
Based on end user, the market can be segmented into pharmaceutical
& biotechnology companies, contract research organization, and academic
& research institutes.
The Academic & Research institutes segment is expected to dominate during
the forecast period on account of the growing demand in the pharmaceutical
industry for drug discovery and biomarker identification. Also, academic
institutes are significant end-users of western blotting products, as they use western
blotting techniques for teaching and research purposes.
Major companies operating in the Global Western
Blotting Market are:
- Thermo Fisher Scientific Inc.
- Hoffmann-La Roche Ltd.
- Danaher Corporation (Lumigen, Inc.)
- EMD Millipore Corporation.
- Bio-Rad Laboratories, Inc.
- PerkinElmer Inc.
- LI-COR, Inc.
- Bio-Techne Corporation (ProteinSimple Inc.)
- Advansta, Inc.
In January 2021, Bio-Rad Laboratories, Inc., launched the Bio Rad
Western Blotting Learning Center, which is an online library that provides
information, guide researchers to improve their experiment by using western
blotting and obtain high quality data and it can provide extensive resources.
In June 2019, Thermo Fisher Scientific launched new western blotting
imaging devices. Which has a user-friendly imaging platform including a
powerful camera and other imaging capabilities to help accelerate and
streamline analysis.
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“North America is expected to
dominate the Global Western Blotting Market on account of the growing demand
for diagnosis of infectious diseases such as Lyme disease, HIV infection,
bovine spongiform encephalopathy, hepatitis c infection along with growing
demand for protein detection and quantification, gene expression analysis of
novel virus across the region. Similarly, the growing number of large academic research
institutions are using western blotting for their research which will further
drive growth of the market during the forecast period. Also, the growing adoption
of western blotting techniques in diagnostic centers for analyzing the sample
of chronic diseases is expected to drive the growth of the market during the
forecast period. Furthermore, the increasing usage of western blotting
techniques for discovering new drugs are the major factors that will further
drive the growth of the market during the forecast period. Besides, increasing development
of healthcare infrastructure and growing focuses on the modernization of
treatments is further expected to create lucrative opportunities for market
growth” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based
global management consulting firm.
“Western Blotting Market - Global Industry Size, Share, Trends,
Opportunity, and Forecast, 2018-2028F” Segmented By Product (Instruments,
Consumables), By Application (Biomedical biochemical research, Disease
Diagnostics, Agriculture, Food & Beverages, Other Applications), By End
User (Diagnostic Laboratories, Research Institutes, Pharmaceutical &
Biotechnology Companies), By Region and By Competition”, has evaluated the future
growth potential of global Western Blotting market and provides statistics
& information on market size, structure, and future market growth. The
report intends to provide cutting-edge market intelligence and help decision-makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in the Global Western Blotting market.
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