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 Asia Pacific region accounted for the fast-growing region of the western blotting market.
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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.
Market Segmentation
The semi-dry blotting systems segment accounted for the largest share of the blotting systems segment in the western blotting market
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
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.
North America accounted for the largest share of the western blotting market
North America accounted for the largest share of the western blotting market. The major factors driving the growth of this regional market include the presence of top manufacturers of western blotting products in this region, rise in research funding, increasing investments in proteomics research, and growing focus on personalized medicine.
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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).
Report Objectives
- To define, describe, and forecast the global western blotting market by product, application, end user, and region
- To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contributions to the total market
- To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
- To provide detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, opportunities, and challenges
- To forecast the size of the market segments with respect to five main regions, namely, North America, Europe, the Asia Pacific, Latin America, and the Middle East Africa
- To strategically analyze the market structure and profile key players of the global western blotting market and comprehensively analyze their core competencies
- To track and analyze competitive developments such as expansions, acquisitions, and new product launches in the western blotting market
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