The global protein labeling market throughout the analysis period. Majority of the global protein labeling market share was captured by U.S. in 2015.
The emerging trends in protein labeling such as emergence of more specific labels with higher affinity and binding properties, biorthogonal labeling, and customized label designing would fuel the global protein labeling market growth. Such advanced labels help in better marking, identification, separation, and quantification of proteins
Protein labeling technique is a secondary research tool for proteomic analysis, and is used for research and diagnostic purposes in biotechnology and pharmaceuticals industries. Moreover, with the rise in the prevalence of chronic diseases such as cancer, the need for prevention, diagnosis, and treatment of such diseases is on the rise. Consequently, the demand for such techniques is anticipated to increase. Alternatively, lack of skilled professionals, limited applications of protein labeling products along with high costs of reagents, kits, and other protein labeling services are the key factors that could impede the market growth.
Amongst the labeling methods, the in vivo labeling segment dominates the market with more than half of the global protein labeling market in 2015. This is mainly attributed to ease of availability of products and reagents and the stability of this method. However, bioorthogonal labeling segment is expected to be the fastest growing segment. This is attributed to the fact that this method of proteins labeling can be carried out in living cells without hindering the biochemical functioning of the cell.
Key findings of the Protein Labeling Market study:
- Nanoparticle labeling segment is estimated to exhibit a CAGR of 17.4%, among in vitro labeling.
- Fluorescence Microscopy segment will exhibit a CAGR of 16.1% in LAMEA region.
- Research laboratories segment holds two-thirds of the share in the end-user protein labeling market.
- Photoreactive labeling segment for in vivo protein labeling is projected to be the fastest growing segment from 2016 to 2022.
- Mexico was the smallest economy market in 2015, and is projected to grow at a CAGR of 15.7% through 2022.
Protein labeling technique is a secondary research tool for proteomic analysis, and is used for research and diagnostic purposes in biotechnology and pharmaceuticals industries. Moreover, with the rise in the prevalence of chronic diseases such as cancer, the need for prevention, diagnosis, and treatment of such diseases is on the rise. Consequently, the demand for such techniques is anticipated to increase. Alternatively, lack of skilled professionals, limited applications of protein labeling products along with high costs of reagents, kits, and other protein labeling services are the key factors that could impede the market growth.
The key developmental strategies adopted by leading market players are product launches, collaborations, and partnerships. The prominent market players profiled in the report include General Electric Company, Kaneka Corporation, LI-COR, Inc., Merck & Co., Inc., New England Biolabs, Inc., PerkinElmer, Inc., Promega Corporation, F. Hoffmann-LA Roche AG, Seracare Life Sciences, Inc., and Thermo Fisher Scientific, Inc.
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