Western Blotting Market

Western Blotting Market Size, Share, Growth Analysis, By Product(Instruments, Gel Electrophoresis Instruments, Blotting Systems, Semi-Dry Blotting Instruments), By Application(Biomedical & Biochemical Research, Disease Diagnostics, Agriculture, Others), By End-Use(Academic & Research Institutes, Pharmaceutical & Biotechnology Companies, Diagnostic Centers, Others), By Regional(North America, Asia Pacific, Latin America) - Industry Forecast 2024-2031


Report ID: UCMIG35A2266 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Western Blotting Market Insights

Market Overview:

Western blotting had a global market value of USD 606.7 million in 2016 and is likely to increase quickly over the forecast period. The increased prevalence of HIV has resulted in a high demand for western blotting testing. According to the Centres for Disease Control and Prevention (CDC), around 36.7 million persons worldwide were infected with HIV in 2016. Western blotting is favored over the enzyme-linked immunosorbent assay (ELISA) test for identifying HIV because it detects HIV antibodies more accurately in the patient's blood. However, healthcare professionals typically prescribe ELISA as the first attempt to screen for HIV, followed by western blotting for confirmatory testing. The demand for western blotting in HIV testing and other applications is expected to continue to drive the growth of the global western blotting market in the forecast period.

Western Blotting Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Equipment by segment aggregation, the contribution of the Health Care Equipment in Health Care Equipment & Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Western Blotting was estimated to be valued at US$ XX Mn in 2021.

The Western Blotting Market is estimated to grow at a CAGR of XX% by 2028.

The Western Blotting Market is segmented on the basis of Product, Application, End-Use, Regional.

Based on region, the Western Blotting Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Western Blotting Market are Bio-Rad Laboratories, Inc.;, LI-COR Biosciences;, F. Hoffmann-La Roche Ltd.;, Bio-Techne Corporation;, GE Healthcare;, Merck KGaA;, PerkinElmer, Inc.;, Advansta, Inc.;, Cell Signaling Technology..

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Western Blotting Market

Report ID: UCMIG35A2266

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