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Western Blotting Market Worth $1.4 billion by 2026: Progressive Trends, Growth Opportunities and Revenue Forecast

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Western Blotting Market Worth $1.4 billion by 2026: Progressive Trends, Growth Opportunities and Revenue Forecast

March 14
20:53 2023
Western Blotting Market Worth $1.4 billion by 2026: Progressive Trends, Growth Opportunities and Revenue Forecast
Some of the leading players operating in the western blotting market are Bio-Rad Laboratories, Inc. (US), Thermo Fisher Scientific (US), Danaher Corporation (US), Bio-Techne Corporation (US), and Merck KGaA (Germany)
Global western blotting market in terms of revenue was estimated to be worth $1.0 billion in 2021 and is poised to reach $1.4 billion by 2026, growing at a CAGR of 6.7% from 2021 to 2026

Western Blotting 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™, the global Western Blotting Market is projected to reach USD 1.4 billion by 2026 from USD 1.0 billion in 2021, at a CAGR of 6.7% during the forecast period. Advances in technology, increasing government funding for biomedical research, increasing demand for personalized medicine, and increasing HIV prevalence are key factors driving the market growth.

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Browse in-depth TOC on “Western Blotting Market”

312 – Tables

38 – Figures

275 – Pages

The semi-dry blotting systems segment accounted for the largest share of the blotting systems segment in the western blotting market

Based on instruments, the western blotting market is segmented into gel electrophoresis instruments, blotting systems, and imagers. The blotting systems used in the western blotting process are subsegmented into wet and semi-dry blotting systems.

The reagents & buffers segment accounted for the largest share of the consumables segment in the western blotting market.

Based on type, the western blotting consumables market is segmented into reagents & buffers, antibodies & conjugates, kits, membranes & filter papers, and other consumables. reagents & buffers accounted for the largest share of the western blotting consumables market.

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The Asia Pacific region is the fastest-growing region of the western blotting market

the Asia Pacific region accounted for the fast growing region of the western blotting market. The major factors driving the growth of the Asia Pacific market include strong government support for the growth of the pharmaceutical and biotechnology industry, the presence of bio clusters in China and India, increasing funding for life science research, and growing initiatives related to target disease diagnosis.

Key Market Players

Some of the leading players operating in the western blotting market are Bio-Rad Laboratories, Inc. (US), Thermo Fisher Scientific (US), Danaher Corporation (US), Bio-Techne Corporation (US), and Merck KGaA (Germany).

Recent Developments

  • PerkinElmer, Inc. (US) acquired BioLegend (US), a leading provider of life science antibodies and reagents, including primary antibodies and western blot secondary reagents. This acquisition enhances the company’s existing western blotting product portfolio.
  • Abcam Plc (UK) acquired BioVision Inc. (US), a global supplier of life science research tools for research, diagnostics, and drug discovery. The company is a leading provider of biochemical and cell-based assays and produces a wide portfolio of other products, including recombinant proteins, antibodies, enzymes, and biochemical compounds for immunoassay technologies such as western blotting
  • Bio-Techne Corporation (US) launched Abby, a next-generation chemiluminescence system that automates traditional western blotting
  • Bio-Techne Corporation (US) launched a SARS-CoV-2 Multi-Antigen Serology Module for Jess and Wes Simple Western automated western blotting systems. The new serology assay accelerates COVID-19 research and vaccine development through rapid characterization of human immune responses to multiple SARS-CoV-2 antigens
  • Merck KGaA (Germany) introduced a national campus tour in China for the company’s first mobile protein research laboratory. The national tour will cover 20 college and biotech campuses in 13 cities across the country, including Beijing, Chengdu, Guangzhou, and Wuhan.

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