The Global Protein Labeling Market was valued at $1.87 Billion in 2020. Growing at a high CAGR of more than 13.5% between 2021 and 2031, it is estimated to reach $7.5 Billion by 2031. But due to the current COVID-19 pandemic, there might be a slight difference in the growth rate in the present year. An increase in R&D spending for proteomics research supports the protein analysis that has led to the demand for protein labeling techniques and this will help to accelerate the growth of the market during the forecasted period.
Global Protein Labeling Market Is Estimated To Witness Remarkable Growth
Source: SAI Research
The Global Protein Labeling Market has been segmented into products, applications, and methods. On the basis of product Global Protein Labeling Market has been segmented into Reagents (Proteins, Enzymes, Probes/Tags, Monoclonal antibodies, other reagents), Kits, and Services. On the basis of application, it has been segmented into Cell-based Assays, Fluorescence Microscopy, Immunological Techniques, Protein Microarray, and Mass Spectrometry. On the basis of method it has been segmented into In-vitro Labeling Methods (Enzymatic labeling, Dye-based labeling, Co-translational labeling, Site-specific labeling, Nanoparticle labeling, others), In-vivo Labeling Methods (Photoreactive labeling, Radioactive labeling, others.
By Region, North America Is Holding The Major Market Share
The Global Protein Labeling Market has been geographically segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. In addition to this, North America Global Protein Labeling Market is holding the largest market share at present and is estimated to witness a high compound annual growth rate during the upcoming forecasted period. Research activities to use immunological techniques, cell-based assays, western blotting, fluorescence microscopy, ELISA has increased in this region making this region dominate the market during the forecasted period. Besides this Asia Pacific is also going to witness remarkable growth during the forecasted period.
Major Players in Global Protein Labeling Market
Some of the major players in the Global Protein Labeling Market include Thermo Fisher Scientific, Inc., Merck KGaA, Perkin Elmer, Inc., Promega Corporation, F. Hoffmann-La Roche Ltd., LGC Limited, New England Biolabs, LI-COR, Inc., GE Healthcare, Jena Bioscience GmbH.
The Global Protein Labeling Market Has Been Segmented Into:
Global Protein Labeling Market, By Product Type
Global Protein Labeling Market, By Application Type
Global Protein Labeling Market, By Method Type
Global Protein Labeling Market, By Region