(PharmaNewsWire.Com, December 18, 2017 ) The North America Proteins Assays Market was worth USD 486.4 million in 2016 and estimated to be growing at a CAGR of 10.65%, to reach USD 806.77 million by 2021. Rising application of protein content determination in various fields related to pharmacy and biotechnology has stimulated the growth of market.
Protein quantification is a vital step of dairy workflow of protein extraction in biochemistry and molecular biology that involves protein extraction, analysis or labelling. Quantification of proteins is required for any sample prior to isolation, while separation and analysis by electrophoresis or chromatography or any other techniques. There are numerous methods to estimate the concentration of protein like Bradford, Lowry, BCA and UV spectroscopic Protein assays.
Factors responsible for the growth of market are increasing expenditure on pharmaceutical and biological R&D, increase in government funding and initiatives, increasing incidence rate of chronic diseases like cardiovascular, neurological and other infectious diseases, rapid technological advancements in protein assay techniques. On the other hand, unapproved bipolar drugs, stringent regulatory framework and adverse drug reactions of anticonvulsants may hinder the growth of market.
Market Segmentation • Product • Type • Technology • Application • End User
Some of the key players dominating this market include Abcam PLC., Bio-Rad Laboratories Inc., Biovision Inc., Cell Signaling Technology Inc, GE Healthcare, PerkinElmer Inc., Thermo Fisher Scientific, Geno Technology Inc., Lonza Group, Merck KGaA, Novus Biologicals, LLC.
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