Increasing investment in proteomic research is predicted to drive the global protein labelling market, says Fortune Business Insights in a report, titled “Protein Labelling Market Size, Share and Global Trend By Labelling Method (In-vitro, In-vivo), By Product Type (Reagents, Kits), By Application (Fluorescence microscopy, Mass spectrometry, Protein assay, Cell based-assay, Immunological techniques), By End-user (Biopharmaceutical Companies, Academic & research institutes, Hospitals, Diagnostic Centers), and Geography Forecast till 2026.” The rising adoption towards bio-engineering and the increasing number of key players in the market are factors likely to encourage the growth of the global protein labelling market.
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Some of the major companies that are present in the Global Protein Labeling Market are
- Merck KGaA
- Thermo Fisher Scientific Inc.
- Abcam plc, LI-COR, Inc.
- ZEDIRA GmbH
- NanoTemper Technologies GmbH
- General Electric
- TriLink BioTechnologies LLC, and other players.
The Launch Of Linkine™ HRP Labeling Kit Will Aid Expansion
Abbkine Scientific Co., Ltd, a proteomics research and cytology company launched Linkine™ HRP labelling kit, which offers simple and quick process to conjugate antibodies, peptides, proteins and other molecules with free amine groups with HRP. The launch of the new conjugation kit is likely to enable protein labelling growth owing to the convenience of the product to operate and supply customization service. Furthermore, the development of new project by using patented technology is predicted to uplift the protein labelling revenue. For instance, engines Biotech GmbH announced that the company is developing a project using patented technology enGenes-X-press for site-directed incorporation of non-canonical amino acids into proteins which could be used for protein labelling.
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Increasing Adoption Towards Bio-Engineering Will Promote Growth
A fusion protein is generated by creating a single genetic construct which then covalently binds with protein labels providing a useful tool for protein studies. The commonly used protein labels for most of the protein studies are biotin, enzyme conjugates, and fluorescent probes. The rising importance of bio-engineering along with the rise for personalized medicines are factors expected to aid growth of the global protein labelling market.
The increasing investment in proteomic research is a factor expected to boost the global protein labelling revenue. Rising adoption towards bio-engineering along with the increasing number of key players in the market are likely to contribute positively to the global protein labelling shares. In addition, the advancement in the probes and dyes for the use of protein labelling is also predicted to accelerate growth of the global protein labelling market during the forecast period. However, lack of awareness about bioengineering and protein labelling in emerging nations are factors predicted to restrict the growth of the global protein labelling market.
Higher Spending On Proteomic Research Will Aid Growth In North America And Europe
Geographically, the global protein labelling market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America followed by Europe are expected to dominate the global protein labelling market during the forecast period owing to new product launches in the region. Rising expenditure on proteomic research is also predicted to stimulate growth in the region. Asia Pacific is expected to grow significantly during the forecast period owing to the rapid acceptance of personalized medicines. Increasing healthcare expenditure and evolving healthcare infrastructure is also predicted to favor growth of the protein labelling market in Asia Pacific.
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