CHICAGO, November 16, 2021 / PRNewswire / – According to new market research report “Western Blot Market by product, (consumables (antibody), instrument (electrophoresis, blotting system, imager (fluorescent))), application (biomedical, clinical diagnostics), end user (research institute, hospital, biopharma) – Global forecast to 2026 “, published by MarketsandMarkets â¢, the global Western Blot market is expected to reach $ 1.4 billion by 2026 from $ 1.0 billion in 2021, at a CAGR of 6.7% over the forecast period.
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Technological advancements, increasing public funding for biomedical research, increasing demand for personalized medicine and increasing prevalence of HIV are the key factors driving the growth of the market.
The semi-dry blotting systems segment accounted for the largest share of the blotting systems segment in the western blotting market in 2020.
Instrument-based, the western transfer market is segmented into gel electrophoresis instruments, transfer systems, and imagers. The blotting systems used in the Western blotting process are sub-segmented into wet and semi-dry blotting systems. In 2020, the semi-dry blotting systems segment accounted for the largest share of the market. Factors contributing to the growth of the market include minimal use of buffers during the process and rapid transfer of proteins from gels to membranes.
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The reagents and buffers segment accounted for the largest share of the consumables segment in the Western Blot market in 2020.
Based on type, the Western Blot consumables market is segmented into reagents and buffers, antibodies and conjugates, kits, membranes and filter papers, and other consumables. In 2020, reagents and buffers accounted for the largest share of the Western Blot consumables market. The large share and growth of these consumables can mainly be attributed to their repeated use and higher consumption during the Western Blot process.
The Asia Pacific The region is the fastest growing region in the Western blotter market in 2020.
In 2020, the Asia Pacific region represented the rapidly growing region of the western blotter market. The main growth factors of the Asia Pacific market include strong government support for the growth of the pharmaceutical and biotechnology industry, the presence of biological clusters in China and India, the increase in funding for research in the life sciences and the multiplication of initiatives linked to the diagnosis of targeted diseases.
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Some of the major players operating in the Western Blot market are Bio-Rad Laboratories, Inc. (United States), Thermo Fisher Scientific (United States), Danaher Corporation (United States), Bio-Techne Corporation (United States ) and Merck KGaA (Germany).
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