Global Protein Labeling Market 2024 , Forecast To 2033
7 Mar, 2024
The protein labeling market has experienced rapid growth recently, with its size increasing from $2.35 billion in 2023 to $2.58 billion in 2024, reflecting a compound annual growth rate (CAGR) of 10.1%. This growth can be attributed to factors such as the increasing demand for protein-based therapeutics and the expanding adoption of proteomics research. Looking ahead, the market is expected to continue its rapid expansion, reaching $3.9 billion in 2028 at a CAGR of 10.8%. Factors contributing to this growth may include personalized medicine and the growth in proteomics research. Major trends in this period could include advances in protein labeling technologies and the integration of artificial intelligence.
Global Protein Labeling Market Key Driver
Increased spending on the R&D of proteomics and genomics is driving the growth of the protein labelling reagents market (26). Proteomics is the study of the overall protein content of a cell, tissue, or organism (27). Protein labelling methods before separation and analysis are essential during proteomic profiling approaches (28). For instance, the National Institutes of Health (NIH) of the United States, funded $37 billion for biomedical research (29). This funding is for life sciences research that supports study at a molecular level for the understanding of fundamental processes by which diseases develop, the identification of biomarkers that signal the presence of disease, or identification of genes or proteins responsible for the disease (30). The Novo Nordisk Foundation granted a grant of up to $1.5 million to the University of Copenhagen to establish a mass spectrometry facility, which marks a new and exciting step in protein research (31). Therefore, the increased spending on research and development of proteomics and genomics is driving the market (32).
Get A Free Sample Of The Global Protein Labeling Market ReportGlobal Protein Labeling Market Segments
The protein labeling market covered in this report is segmented –
1) By Product: Reagents, Protein, Enzymes, Probes/ Tags, Monoclonal Antibodies
2) By Labeling Method: In-vitro Labeling, In-vivo Labeling
3) By Application: Cell Based-Assay, Fluorescence Microscopy, Immunological Techniques, Mass Spectrometry, Protein Micro Assay
By Geography: The countries covered in the protein labeling market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
North America was the largest region in the protein labelling market in 2023. The regions covered in the protein labeling market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major Protein Labeling Industry Players
Thermo Fisher Scientific Inc.; Merck KGaA; PerkinElmer Inc.; General Electric Company; F. Hoffmann-La Roche AG; Agilent Technologies Inc.; BIO-RAD LABORATORIES; Kirkegaard & Perry Laboratories; LI-COR Inc.; Kaneka Corporation; Promega Corporation; Eurogentec S.A.; Luminex Corporation; GE Healthcare; New England Biolabs Inc.; Seracare Life Sciences Inc.; Abcam plc.; ZEDIRA GmbH; NanoTemper Technologies GmbH; TriLink BioTechnologies LLC.; Waters Corporation; AMETEK Inc.; HORIBA Ltd.; Spectris plc.; METTLER TOLEDO International Inc.; Shimadzu Corporation; Hitachi High-Tech Corporation; Attana AB; Affinité Instruments; Biosensing Instruments
Get The Full Global Protein Labeling Market Report
Protein Labeling Market Overview
Protein labelling refers to the process of detecting or purifying the labelled protein and its binding partners by using the proper molecular labels. Most biological research uses one of three basic categories of protein labels: biotin, enzyme conjugates, or fluorescence probes.