Global Protein Labeling Market Size, Share, Trend, Forecast & Competitive Analysis: 2021-2026
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Global Protein Labeling Market Size, Share, Trend, Forecast & Competitive Analysis: 2021-2026
The Global Protein Labeling Market is segmented by Product (Reagents [Proteins, Enzymes, Probes/Tags, Monoclonal antibodies, Other reagents], Kits, Services), by Application (Cell-based Assays, Fluorescence Microscopy, Immunological Techniques, Protein Microarray, Mass Spectrometry), by Labeling Method (In-vitro Labeling Methods [Enzymatic labeling, Dye-based labeling, Co-translational labeling, Site-specific labeling, Nanoparticle labeling, Others], In-vivo Labeling Methods [Photoreactive labeling, Radioactive labeling, Others]) and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
The Global Protein Labeling Market is segmented by Product (Reagents [Proteins, Enzymes, Probes/Tags, Monoclonal antibodies, Other reagents], Kits, Services), by Application (Cell-based Assays, Fluorescence Microscopy, Immunological Techniques, Protein Microarray, Mass Spectrometry), by Labeling Method...
The Global Protein Labeling Market is projected to grow from USD 1.93 billionin 2020 to USD 3.11 billionby 2026 at a CAGR of over 8.3% during the forecast period.
Protein is the largest and one of the most vital biomolecules in a living being, as they are essential to the proper functioning of an organism. Protein labeling refers to the process of attaching or incorporating specific markers or tags onto proteins for various research, diagnostic, or therapeutic purposes. These labels can be fluorescent dyes, radioisotopes, enzymes, or other molecules that allow for the detection, tracking, or manipulation of proteins within biological systems. Protein labeling techniques enable scientists to study protein localization, dynamics, interactions, and functions in vitro or in vivo. They are widely used in fields such as proteomics, cell biology, biochemistry, and drug discovery. Protein labeling plays a crucial role in advancing our understanding of protein behavior and function, facilitating the development of novel diagnostics and targeted therapies.
Market Dynamics
Rising spending in Research & Development for proteomics research enables to support of protein analysis, thus boosting the demand for protein labeling techniques.
The growing implementation of modern molecular biology as well as bioengineering tools to improve the knowledge of functional mechanisms on a subcellular level, both under physiologic and pathologic conditions, results in an improvement in drug development, therapy, and diagnosis applications.
However, the dearth of skilled professionals is one of the factors hindering market growth.
Segments Analysis
Product Trends
By product, the global protein labeling market has been bifurcated into reagents, kits, and services.
Under these, the reagents segment garnered the highest market share and is projected to grow at a steady CAGR in the following years.
A surge in the number of genetically engineered labels and labeling agents being discovered is mainly ascribed to the expected share of the reagents segment.
Moreover, the commercial availability of effective reagents ensures reliable and accurate protein normalization and visualization, thereby positively stimulating segment growth.
Regional Analysis
By region, the North American market witnessed the highest market share of around 47% and is estimated to register at a considerable CAGR during the review period.
This is mainly attributed to the rising number of R&D employing immunological techniques, western blotting, fluorescence microscopy, and cell-based assays have augmented considerably in this region, thereby accelerating the regional growth.
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COVID-19 Impact
The ongoing COVID-19 virus has had a positive impact on the protein labeling industry. Biopharmaceutical companies are at the forefront of the human response to the COVID-19 pandemic. A substantial number of key biotech firms are in the race to examine the Sars-Cov-2 genome and create a possible vaccine for the same. With multiple candidates currently in trial, the private and public sectors are expected to work in harmony during the pandemic period, until an effective vaccine is developed for Covid-19, which boosts the protein labelling market.
Critical Questions Answered in the Report
What are the key trends in the global protein labeling market?
How has the market (and its various sub-segments) grown in the last five years and what would be the growth rate in the next five years?
What is the impact of the COVID-19 on global protein labeling market?
What are the key strategies adopted by the major vendors to lead in the global protein labeling market?
What is the market share of the top vendors?
Key Players
Key players operating in the global protein labeling market are-
Thermo Fisher Scientific, Inc. (The U.S),
Merck KGaA (Germany),
Perkin Elmer, Inc. (The U.S),
Promega Corporation (The U.S),
F. Hoffmann-La Roche Ltd. (Switzerland),
LGC Limited (UK),
New England Biolabs (The U.S),
LI-COR, Inc. (The U.S),
GE Healthcare (The U.S), and
Jena Bioscience GmbH (Germany).
Target Audience
Here is the list of the group of customers that the ProteinLabeling Market hopes to have the greatest opportunity to convert-
Protein labeling companies
Protein labeling vendors
Hospitals
R&D centers
Laboratories
Research Methodology
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
What Deliverables Will You Get in this Report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth Analysis of the Protein Labeling Market
How lucrative is the future?
The market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional, and country-level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and Forecast
Which are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
Will I get the information on my specific requirement?
10% free customization
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Detailed profiling of additional market players (up to three players).
SWOT analysis of key players (up to three players).
Competitive Benchmarking
Benchmarking of key players on the following parameters: product portfolio, geographical reach, regional presence, and strategic alliances.
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Thermo Fisher Scientific, Inc. (The U.S), Merck KGaA (Germany), Perkin Elmer, Inc. (The U.S), Promega Corporation (The U.S), F. Hoffmann-La Roche Ltd. (Switzerland), LGC Limited (UK), New England Biolabs (The U.S), LI-COR, Inc. (The U.S), GE Healthcare (The U.S) and Jena Bioscience GmbH (Germany) are among the key players in the protein labeling market.