Arab & Middle East News
(ARABNEWSWIRE.COM, October 09, 2017 ) The Middle East and Africa Proteins Assays Market was worth $102.4 million in 2016 and estimated to be growing at a CAGR of 11.31%, to reach $174.96 million by 2021. Rising application of protein content determination in various fields related to pharmacy and biotechnology has stimulated the growth of the market.
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Protein quantification is an important step of the dairy workflow of protein extraction in biochemistry and molecular biology that involves protein extraction, analysis or labeling. Quantification of proteins is essential for any sample before isolation, during separation and analysis by electrophoresis or chromatography or any other techniques. There are numerous methods to estimate the concentration of protein like Bradford, Lowry, BCA and UV spectroscopic Protein assays.
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Increasing incidence rate of chronic diseases like cardiovascular, neurological and other infectious diseases, rapid technological advancements in protein assay techniques, increasing expenditure on pharmaceutical and biological R&D, increase in government funding and initiatives are the factors driving the growth of market. Nonetheless, unapproved bipolar drugs, adverse drug reactions of anticonvulsants and stringent regulatory framework and may obstruct the growth of market.
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o Instruments and Services
o Y-o-Y Growth Analysis, By Product
o Market Attractiveness Analysis, By Product
o Market Share Analysis, By Product
o Dye-Binding Assays
o Copper-Ion-Based Assays
o Test Strip-Based Assays
o Other Protein Assays
o Y-o-Y Growth Analysis, By Type
o Market Attractiveness Analysis, By Type
o Market Share Analysis, By Type
o Absorbance-Based Protein Assays
o Colorimetric Protein Assays
o Fluorescence-Based Protein Assays
o Y-o-Y Growth Analysis, By Technology
o Market Attractiveness Analysis, By Technology
o Market Share Analysis, By Technology
o Drug Discovery & Development
o Disease Diagnosis
o Other Applications
o Y-o-Y Growth Analysis, By Application
o Market Attractiveness Analysis, By Application
o Market Share Analysis, By Application
• End User
o Academic and Research Institutes
o Pharmaceutical & Biotechnology Companies
o Clinical Laboratories
o Other End Users
o Y-o-Y Growth Analysis, By End User
o Market Attractiveness Analysis, By End User
o Market Share Analysis, By End User
Based on Geographical analysis the market is separated into regions of Middle East and Africa. Middle East is leading the market while Africa is at second place. Growth in Pharmaceutical and biotechnological industries, strong trend of R&D in life sciences industry, increasing private-public partnership for drug development has helped these regions dominate the market.
Middle East is also expected to grow the fastest due to increasing research funding, growing proteomics and genomics techniques and rising adoption of advanced Proteins Assays techniques. Dye binding proteins assays segment holds the major share in the market based on type, due to increasing usage of dye-binding assays in disease diagnosis. Absorbance-based proteins assays held major share in the market based on technology due to increasing sensitivity and accuracy of this technology.
Some of the key players dominating this market include Abcam PLC., Bio-Rad Laboratories Inc., Biovision Inc., Cell Signaling Technology Inc, GE Healthcare, PerkinElmer Inc., Thermo Fisher Scientific, Geno Technology Inc., Lonza Group, Merck KGaA, Novus Biologicals, LLC.
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