Western Blotting Market (2021 to 2026) - Rising Demand for Personalized Medicine is Driving Growth

2022-05-12 10:52:35 UTC | Healthcare & Pharmaceuticals
Western Blotting Market (2021 to 2026) - Rising Demand for Personalized Medicine is Driving Growth

Technological advancements, increasing government funding in the field of biomedical research, growing demand for personalized medicine, and the rising prevalence of HIV are the key factors driving the market growth. 


The global western blotting market is projected to reach USD 1.4 billion by 2026 from USD 1.0 billion in 2021, at a CAGR of 6.7% during the forecast period. 

The report "Western Blotting Market by Product, (Consumables (Antibody), Instrument (Electrophoresis, Blotting System, Imager (Fluorescent))), Application (Biomedical, Clinical Diagnostics), End User (Research Institute, Hospital, Biopharma) - Global Forecast to 2026",  


Access Sample Copy of the Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=235810711 


The semi-dry blotting systems segment accounted for the largest share of the blotting systems segment in the western blotting market in 2020. 

Based on instruments, the western blotting market is segmented into gel electrophoresis instruments, blotting systems, and imagers. The blotting systems used in the western blotting process are subsegmented into wet and semi-dry blotting systems. In 2020, the semi-dry blotting systems segment accounted for the largest share of the market. Factors contributing to market growth include minimal usage of buffers during the process and rapid transfer of proteins from gels to membranes. 


The reagents & buffers segment accounted for the largest share of the consumables segment in the western blotting market in 2020. 

Based on type, the western blotting consumables market is segmented into reagents & buffers, antibodies & conjugates, kits, membranes & filter papers, and other consumables. In 2020, reagents & buffers accounted for the largest share of the western blotting consumables market. The large share and growth of these consumables can primarily be attributed to their repeated use and higher consumption during the western blotting process. 


The Asia Pacific region is the fastest-growing region of the western blotting market in 2020. 

In 2020, the Asia Pacific region accounted for the fast growing region of the western blotting market. . The major factors driving the growth of the Asia Pacific market include strong government support for the growth of the pharmaceutical and biotechnology industry, the presence of bio clusters in China and India, increasing funding for life science research, and growing initiatives related to target disease diagnosis. 


Some of the leading players operating in the western blotting market are Bio-Rad Laboratories, Inc. (US), Thermo Fisher Scientific (US), Danaher Corporation (US), Bio-Techne Corporation (US), and Merck KGaA (Germany).


Don’t miss out on business opportunities in Western Blotting Market. Speak to our analyst and gain crucial industry insights that will help your business grow. 


About MarketsandMarkets 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. 


Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. 


MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. 


Contact: 
Mr. Aashish Mehra 
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA : 1-888-600-6441 
sales@marketsandmarkets.com 

Top