Cloud Banner

Healthcare

Image

Global Protein Binding Assays Market - Industry Trends and Forecast to 2030

  • Healthcare
  • Upcoming Report
  • Oct 2023
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Protein Binding Assays Market - Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR - 9.700000000000001% Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 438.00 Million
Diagram Market Size (Forecast Year) USD 903.50 Million
Diagram CAGR 9.700000000000001%

Global Protein Binding Assays Market, By Technology (Equilibrium Dialysis, Affinity Electrophoresis, Ultrafiltration, Ultracentrifugation, Surface Plasmon Resonance, Others), Product and Services (Instrument, Kits and Reagents, Services), End-Users (Pharmaceutical and Biotechnology Companies, CROs, Consulting Firms, Others) – Industry Trends and Forecast to 2030.

Protein Binding Assays Market Analysis and Size

Rise in the availability of numerous advanced technologies utilized for protein binding is the vital factor escalating the market growth, also rise in the volume of expenditure carried out for advancing the technologies available for development of pharmaceuticals and rise in the incidences of drug failures during the latter stages giving rise to usage of better components and understanding of pharmaceutical development are the major factors among others driving the global protein binding assays market. Moreover, rising CRO industry and increase in the research and development activities in the market will further create new opportunities for global protein binding assays market in the forecasted period of 2023 to 2030.

Data Bridge Market Research analyses that the global protein binding assays market which was USD 438.00 million in 2022, and is expected to reach USD 903.50 million by 2030, and is expected to undergo a CAGR of 9.7% during the forecast period 2023-2030. This indicates that the market value. “Pharmaceutical and Biotechnology Companies,” dominates the end user segment of the global protein binding assays market owing to increasing pharmaceutical and biopharmaceutical companies investing in the preclinical screening activities which are helping them in the late-stage failures and for the development of therapeutics segment. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Protein Binding Assays Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Technology (Equilibrium Dialysis, Affinity Electrophoresis, Ultrafiltration, Ultracentrifugation, Surface Plasmon Resonance, Others), Product and  Services (Instrument, Kits and  Reagents, Services), End-Users (Pharmaceutical and  Biotechnology Companies, CROs, Consulting Firms, Others)

Countries Covered

U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and  Africa

Market Players Covered

Merck KGaA (Germany), Thermo Fisher Scientific Inc. (U.S.), General Electric (U.S.), Sovicell (Germany), Cyprotex (U.K.), Bioduro.(U.S.), ADMEcell, Inc. (U.S.), Beckman Coulter, Inc. (U.S.),  Sartorius Stedim BioOutsource Limited (Germany), and Bio-Rad Laboratories, Inc. (U.S.)

Market Opportunities

  • Increase in healthcare expenditure
  • Rising CRO industry and increase in the research and development activities

Market Definition

Protein binding assays are the type of compounds that are used for the manufacturing of numerous pharmaceuticals as they are able to identify and provide researchers and scientists with invaluable information for the reactions between molecules. They also provide insights into the concentration of proteins present during a specific reaction between molecules. This information is important due to the detection of effects that protein will have on the consumer of pharmaceuticals being developed consisting of these proteins.

Global Protein Binding Assays Market Dynamics

Drivers

  • Increase in the Demand for Protein Binding Usage

Protein fixation estimation is critical for protein cleaning, electrophoresis, cell science, atomic science, and research applications. Protein binding assays aid in improving therapeutic effects and reducing the amount of target molecule. There has been a growing demand for protein binding assays in recent years due to the increasing importance of proteins in biological processes and the development of new technologies for studying protein-ligand interactions. The advancements in drug discovery, growing understanding of protein-protein interactions, growing demand for personalized medicine, and technological advancements in high-throughput screening are the key factors supporting the global protein binding assays market demand.

  • Growing Demand for Advanced Therapies, Boosting Drug Discovery and Development

Protein binding assay is considered essential in preclinical processes involved in drug development. Several biotechnological and pharmaceutical companies are undertaking initiatives to address the growing demand for advanced therapies, thereby boosting drug discovery and development.

According to U.S. FDA, 59 novel therapeutics and biologics were approved by Center for Drug Evaluation and Research (CDER) in 2018 as compared to 46 new drugs approved in 2017. Therefore, increase in the number of drug candidates being screened and approved annually drives the adoption of protein binding assays.

Opportunity

  • Growing Awareness and Expansion of Biotechnology and Pharmaceutical Sectors

Growing awareness levels is presumed to be contributing toward market growth. The aforementioned factor is believed to boost the adoption for a wide range of indications, which is expected to boost global protein binding assays market over the forecast period 2023-2030. Pharmaceutical companies are investing in preclinical screening activities for preventing late-stage failures in development of therapeutics.

Moreover, the demand for protein binding assays is not only limited to developed countries but is also being witnessed in the developing countries which will further act as driver that will lead to the growth of the global protein binding assays market in the above mentioned projected timeframe.

Restraint/Challenge

  • Dearth of Information and Skills Associated with Utilization of Protein Binding Assays

On the other hand, rise in the issues with existing technologies which will likely to act as market restraints factor for the growth of the protein binding assays in the above mentioned projected timeframe. Moreover, dearth of information and skills associated with utilization of protein binding assays all over the globe and rise in the complicated nature of standards present for the designing and development of assays will projected to become the biggest and foremost challenge for the growth of the market in the forecast period of 2023-2030.

Recent Developments

  • In February 2019, Charles River signed an agreement to acquire Citoxlab to strengthen its market position in the field of drug discovery and development
  • In June 2018, a majority of pharmaceutical firms invested approximately USD 1.13-5.65 million in preclinical testing. Pharmaceutical companies are investing in preclinical screening activities for preventing late-stage failures in development of therapeutics

Global Protein Binding Assays Market Scope

The global protein binding assays market is segmented on the basis of technology, products and services, and end-users. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Technology

  • Equilibrium Dialysis
  • Affinity Electrophoresis
  • Ultrafiltration
  • Ultracentrifugation
  • Surface Plasmon Resonance
  • Others

Product and Services

  • Instrument
  • Kits and Reagents
  • Services

End-Users

  • Pharmaceutical and Biotechnology Companies
  • CROs
  • Consulting Firms
  • Others

Global Protein Binding Assays Market Regional Analysis/Insights

The global protein binding assays market is analysed and market size insights and trends are provided by country, technology, products and services, and end-users as mentioned above.

The countries covered in the global protein binding assays market  report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.  

North America is expected to dominate the global protein binding assays market due to rise in the presence of key players and increased funding from public and private entities have augmented drug discovery and development and rise in the volume of expenditure carried out for advancing the technologies available for development of pharmaceuticals in this region.

Asia-Pacific is expected to grow at the highest growth rate during the forecast period of 2023 to 2030 due to rise in the availability of numerous advanced technologies utilized for protein binding in this region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.  

Healthcare Infrastructure Growth Installed Base and New Technology Penetration

The global protein binding assays market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for global protein binding assays market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the global protein binding assays market. The data is available for historic period 2015-2020.

Competitive Landscape and Global Protein Binding Assays Market Share Analysis

The protein binding assays market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global protein binding assays market.

Some of the major players operating in the global protein binding assays market are:

  • Merck KGaA (Germany)
  • Thermo Fisher Scientific Inc. (U.S.)
  • General Electric (U.S.)
  •  Sovicell (Germany)
  • Cyprotex (U.K.)
  • Bioduro (U.S.)
  • ADMEcell, Inc. (U.S.)
  • Beckman Coulter, Inc. (U.S.)
  • Sartorius Stedim BioOutsource Limited (Germany)
  • Bio-Rad Laboratories, Inc. (U.S.)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

FREQUENTLY ASK QUESTIONS

The global protein binding assays market value is USD 438.00 million in 2022.
The global protein binding assays market is projected to grow at a CAGR of 9.7% during the forecast period of 2023-2030.
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials