Protein Labeling Market Size Worth $2.60 Billion By 2024

  • Rapid adoption of post-translational modification studies in proteomics is expected to fuel demand for reagents
  • SNAP-, CLIP-, MCP-, and ACP- tags are some of the fusion proteins used for covalent labeling. Ability to provide irreversible covalent labeling and labeling for membrane protein drives demand for probes/tags in labeling
  • Demand for kits for clinical diagnosis of various diseases based on protein detection fuels the kits product segment
  • North America dominated the market due to presence of key players and high investments in proteomics research. Canada is poised to witness lucrative growth owing to increasing number of research projects focused on improving healthcare solutions
  • Europe is a key regional market. The Seventh Framework Program of the European Union provided funds for P-CUBE — an infrastructure for Protein Production Platforms to provide access to most advanced techniques to researchers
  • Asia Pacific is expected to observe remarkable growth over the forecast period, especially in China and Japan
  • Major companies operating in the market include F. Hoffmann-La Roche AG; GE Healthcare Life Science; Promega Corporation; PerkinElmer Inc.; Merck Millipore; Thermo Fisher Scientific Inc.; Kirkegaard & Perry Laboratories (KPL); Eurogentec S.A.; New England Biolabs; and LI-COR Inc.
  • Key players are involved in acquisition of smaller players and are expanding their product portfolio, resulting in market consolidation.

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Gaurav Shah

Gaurav Shah

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I am working in Market Research Company. So my job in research is to provide answers & guidance to our clients as they relate to marketing and consumer science.