The global western blotting market is anticipated to generate $XX million at the end of 2027 by rising at a CAGR of 4.93%

Wednesday, April 17, 2019 General News
Email Print This Page Comment bookmark
Font : A-A+

NEW YORK, April 16, 2019 /PRNewswire/ -- KEY FINDINGSThe global western blotting market is anticipated to generate

$XX million at the end of 2027 by rising at a CAGR of 4.93%. The major drivers for this market include the growing prevalence of HIV infections and the elaborate practice of this technique in proteomics. The fact that this market finds its applications
in a wide range of areas is hugely aiding market growth.Read the full report: MARKET INSIGHTSThe global western blotting market is primarily driven by increasing prevalence of HIV and Lyme disease worldwide.The lack of awareness coupled with a rapid increase in cases of unprotected sex are the prime factors which are fueling the growth of the market.The lack of proper education coupled with low literacy rate is another driver which is pushing the market to grow in the forecast period of 2019-2027.With the growing adoption of western blotting techniques, the global market is also facing some challenges. The recent developments in clinical research are pushing the researchers to shift the focus from the traditional western blotting techniques to new techniques such ELISA and RIBA which are proven to provide better results than the traditional WB techniques.REGIONAL INSIGHTSThe global western blotting market encompasses regions such as North America (U.S. & Canada), Asia-Pacific (Japan, India, China, and Rest of APAC), Europe (United Kingdom, Germany, France, and the Rest of Europe) and the Rest of World (Latin America, Middle East & Africa). The Asia Pacific is the fastest growing regional market during the forecast period. The fastest growth rate of Asia Pacific is attributed to many factors such as the rising prevalence of HIV AIDS, increase in R&D spending which is boosting the growing emerging economies of India, China, Indonesia, Japan, Bangladesh, Philippines & Thailand.While the Asian market is rapidly growing, it is the North American market that is slated to grab the maximum market share by 2027, owing to the presence of the majority of the key players that are offering the services in the region and the chronic diseases such as HIV/AIDS, hepatitis, and herpes simplex virus in concurrence with an increasing number of R&D activities by biotechnological & pharmaceutical companies in the region.COMPETITIVE INSIGHTSGE Healthcare is a major player in the market that frequently utilizes a western blotting method for its research purposes in both qualitative and quantitative analysis of their biological samples.Another company, Thermo Fisher Scientific, has pioneered the field of high-tech instruments for this market by offering software solutions, scientific equipment, and other services.The major global market companies are Bio-Techne Corporation, Azure Biosystems Inc., Advansta, Merck KGaA, PerkinElemer Inc., Bio-Rad Technologies Inc., F. Hoffman La-Roche Ltd., Roche Diagnostics, Rockland Immunochemicals Inc., GE Healthcare, Lumigen Inc., Li-Cor Inc., Roche Diagnostics International Ltd., Cell Signalling Technology Inc., and Thermo Fisher Scientific Ltd.Companies mentioned1. ADVANSTA 2. AZURE BIOSYSTEMS INC. 3. BIO-RAD TECHNOLOGIES INC.4. BIO-TECHNE CORPORATION5. CELL SIGNALLING TECHNOLOGY INC.6. F. HOFFMAN LA-ROCHE LTD.7. GE HEALTHCARE8. LI-COR INC.9. LUMIGEN INC.10. MERCK KGAA11. PERKINELEMER INC.12. ROCHE DIAGNOSTICS13. ROCHE DIAGNOSTICS INTERNATIONAL LTD.14. ROCKLAND IMMUNOCHEMICALS INC.15. THERMO FISHER SCIENTIFIC LTD.Read the full report: About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: US: (339)-368-6001 Intl: +1 339-368-6001

Cision View original content:

SOURCE Reportlinker

Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
* Your comment can be maximum of 2500 characters
I agree to the terms and conditions

News A - Z


News Search

Medindia Newsletters

Subscribe to our Free Newsletters!

Terms & Conditions and Privacy Policy.

Find a Doctor

Press Release Category

Press Release Archive

Stay Connected

  • Available on the Android Market
  • Available on the App Store