Protein Labeling Global Market To Reach Value Of About $3 Billion In 2025
9 Dec, 2021
Global Protein Labeling Market Size And Drivers:
The global protein labelling market is expected to grow from $1.6 billion in 2020 to $1.77 billion in 2021 at a compound annual growth rate (CAGR) of 10.6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The protein labelling market is expected to reach $2.79 billion in 2025 at a CAGR of 12%. Increased spending on the R&D of proteomics and genomics is driving the growth of the protein labelling reagents market.
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Trends In The Global Protein Labeling Market
Companies in the protein labeling market are increasing their product innovation through strategic collaborations. To sustain in the increasingly competitive market, companies are developing innovative products as well as sharing skills and expertise with other companies. While companies have long collaborated with each other as well as academic and research institutions in this market by way of partnerships, in or out-licensing deals, this trend has been increasing over recent years.
Global Protein Labeling Market Segments:
The global protein labeling market is further segmented –
By Product: Reagents, Protein, Enzymes, Probes/Tags, Monoclonal Antibodies
By Labeling Method: In-Vitro Labeling, In-Vivo Labeling
By Application: Cell Based-Assay, Fluorescence Microscopy, Immunological Techniques, Mass Spectrometry, Protein Micro Assay
By Geography: The global protein labeling market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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https://www.thebusinessresearchcompany.com/report/protein-labeling-global-market-report-2020-30-covid-19-growth-and-changeProtein Labeling Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides protein labeling market overviews, analyzes and forecasts market size and growth for the global protein labeling market, protein labeling market share, protein labeling market players, protein labeling market segments and geographies, protein labeling market’s leading competitors’ revenues, profiles and market shares. The protein labeling market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.