Western Blotting Market is Estimated to Develop at a CAGR of 6.7% during the Forecast Period, notes MnM Study
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 Western Blotting market growth.
[275 Pages Report] 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.
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Report Scope and Market Segmentation:
|
Report Metric |
Details |
|
Market Size Available for Years |
2019–2026 |
|
Base Year Considered |
2020 |
|
Forecast Period |
2022–2026 |
|
Forecast Units |
Value (USD Billion) |
|
Segments Covered |
Product, Application, End User, and Region |
|
Geographies Covered |
North America, Europe, APAC, LATAM, and MEA |
|
Companies Covered |
The major market players include Bio-Rad Laboratories, Inc. (US), Thermo Fisher Scientific (US), Danaher Corporation (US), Bio-Techne Corporation (US), and Merck KGaA (Germany) |
The semi-dry blotting systems segment accounted for the largest share of the blotting systems segment in the western blotting market.
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.
The reagents & buffers segment accounted for the largest share of the consumables segment in the western blotting market.
Based on type, the western blotting consumables market is segmented into reagents & buffers, antibodies & conjugates, kits, membranes & filter papers, and other consumables. reagents & buffers accounted for the largest share of the western blotting consumables market.
The Asia Pacific region is the fastest-growing region of the western blotting market.
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.
BIO-RAD LABORATORIES, INC. (US)
Bio-Rad Laboratories is a leading player in the western blotting market. The company is a leading manufacturer and supplier of products and systems to separate, detect, analyze, and purify complex biological and chemical materials. The company’s leading position in the market can be attributed to its wide customer base.
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