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Technavio’s market study identifies the increasing advances in proteomics research to be one of the primary growth factors for the protein labeling market. Proteomics research contains the wide range of study of proteins on a large scale and the techniques used for studying these proteins. Proteins are integral for the effective functioning of the human body. Knowledge about the functioning of protein will improve the understanding of the post-translational modifications. Furthermore, advances in molecular biology techniques such as next-generation sequencing and mass spectrometry have influenced the growth of protein research and production. According to the protein labeling industry anlaysis, the market will grow steadily at a CAGR of more than 10% by 2021.
Regulatory bodies must lay down regulations to assist the vendors seeking approval for new biotin protein analytes. The research in protein analytes is quite below medical standards. Consequently, the regulatory bodies must make the regulations flexible or introduce new guidelines to assist large and small-scale vendors in protein research and to facilitate the discovery of new analytes that can be used for treating chronic diseases such as cancer. The small number of approved protein analytes is identified to be one of the key trends contributing towards the protein labeling market growth.
The protein labeling market is intensely competitive due to the presence of several key international and regional vendors competing for the maximum market share by employing competitive strategies. Key vendors in the biotin labeling market are focusing on investing highly in R&D, improving existing products and technologies, and to expand their product portfolios, in addition to, offering products at highly competitive prices to maintain their market position.
The leading vendors in the market are -
The other prominent vendors in the market are Eurogentec, F. Hoffman-La Roche, GE Healthcare, LI-COR, New England Biolabs, and SeraCare.
The in-vitro segment will account for the major shares due to the wide applicability and easy availability of reagents used in this method, less usage of the amount of reagent or chemical labels used, and easy incorporation of these methods in existing procedures. Furthermore, researchers can easily create protein conjugates by using the in-vitro method and use them for further protein studies.
Vendors in the protein labeling market produce reagents on a wide scale and the trend of researcher’s bulk purchasing reagents for protein research will contribute to the growth of this segment. Additionally, factors such as high availability, low price, and the ability of this product segment to generate faster and reproducible results will also add to the market’s growth.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by labeling method
PART 07: Market segmentation by product
PART 08: Geographical segmentation
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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