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    Protein Labeling Market Report

    Protein Labeling Market Report
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    Global Protein Labeling Market, Dynamics, Market Analysis
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    Market Insights

    The Global Protein Labeling Market is projected to grow from USD 1.93 billion in 2020 to USD 3.11 billion by 2026 at a CAGR of over 8.3% during the forecast period.

    Figure: Global Protein Labeling Market Size, 2020-2026 (USD Billion)

    Protein-Labeling-Market-Forecast

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    What is Protein?

    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 is done using labelling reagents and kits to label a protein or antibody to make a fluorescent probe, biotinylated binding reagent, enzyme conjugate, and iodine-labeled tracer for identifying proteins in cells, tissues, and biochemical assays.

    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).

    Market Dynamics

    Rising spending in R&D for proteomics research enables to support protein analysis, thus boosts the demand for protein labelling 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 the market growth.

    Segment 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 in 2020 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 the segment growth.

    Regional Trends

    By region, the North American market witnessed the highest market share of around 47% in 2020 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.

    COVID-19 Impact on Global Protein Labeling Market

    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 the market (and its various sub-segments) has 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?

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    Target Audience

    Here is the list of the group of customers that the Protein Labeling market hopes to have the greatest opportunity to convert-

    • Protein labeling companies
    • Protein labeling vendors
    • Hospitals
    • R&D centers
    • Laboratories

    Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].

    Frequently Asked Questions (FAQs)

    The protein labeling market is expected to witness an impressive growth of 8.3 CAGR in the foreseeable future.

    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.

    The protein labeling market is expected to reach USD 3.11 billion in the coming years.

    North America witnessed highest share in the protein labeling market in 2020.

    The reagents segment garnered the highest share in the protein labeling market in 2020.

    Rising spending in R&D for proteomics research, growing implementation of modern molecular biology as well as bioengineering tools are the factors driving the growth of protein labeling market.

    Protein labeling companies, Protein labeling vendors, Hospitals, R&D centers, Laboratories are the target audience in the protein labeling market.

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