The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the Protein Chip Market. The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans.
The global protein chip market size is expected to reach USD 1370.49 Million at a steady revenue CAGR of 7.5% in 2030, according to latest analysis by Emergen Research. Protein chip market revenue growth can be attributed to factors such as increasing prevalence of cancer globally. Cancer, as one of the most taxing diseases, necessitates functional research in order to comprehend its complicated and heterogeneous nature. Microarray is a sophisticated technology that allows for diagnosis of thousands of genes or RNA products at the same time on a single platform. Proteome chip technology is a unique high-throughput approach for probing a large number of proteins, and it has proven to be a useful tool in cancer research and detection.
A recent trend observed in the market is products applications for enzyme substrate, DNA protein, and different types of protein-protein interactions. Within a single experiment, microarray technology enables for the simultaneous diagnosis of various factors. Microspots of capture molecules are immobilized on a solid platform in rows and columns, and exposed to samples containing the appropriate binding molecules. To detect complex formation within each microspot, readout methods based on fluorescence, chemiluminescence, mass spectrometry, radioactivity, or electrochemistry can be utilized. Capability of the technology is shown by array-based gene expression analysis, which uses downsized and parallelized binding experiments. Arrays of immobilized DNA probes are exposed to complementary targets in these devices, and the degree of hybridization is evaluated.
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Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Protein Chip market.
Some Key Highlights of the Report:
- On 5 January 2022, Illumina and SomaLogic signed a final co-development agreement to deliver the SomaScan Proteomics Assay to Illumina's existing and future high-throughput Next-generation Sequencing (NGS) platforms.
- This collaboration will help to accelerate fast-growing high-throughput segment of the proteomics market. Researchers can more effectively and efficiently make biological linkages from genetic sequence (genotype) to cellular function (phenotype) with the scale and speed of Illumina NGS technology, accelerating potential for therapeutic impact.
- Analytical microarrays segment is expected to account for largest revenue share over the forecast period. This is attributed to its various benefits offered. In order to evaluate binding affinities, specificities, and levels of protein expression, analytical microarrays are routinely used to profile a complex combination of proteins.
Some of the major companies profiled in the global market report include Agilent Technologies, Inc., Bio-Rad Laboratories, Inc., Danaher, Illumina, Inc., Merck KGaA, Arrayit Corporation, PerkinElmer Inc., Quotient, RayBiotech Life, Inc., Thermo Fischer Scientific, Inc.
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Segmentation:
Emergen Research has segmented the global protein chip market on the basis of technology, application, end-use, and region:
· Technology Outlook (Revenue, USD Million; 2019–2030)
- Analytical Microarrays
- Functional Protein Microarrays
- Reverse Phase Protein Microarrays
· Application Outlook (Revenue, USD Million; 2019–2030)
- Diagnostics
- Proteomics
- Antibody Characterization
· End-Use Outlook (Revenue, USD Million; 2019–2030)
- Hospitals Clinics
- Diagnostic Laboratories
- Academic Research Institutes
- Pharmaceutical Biotechnological Companies
The complete regional analysis covers:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Table of Contents
- Executive Summary
- Research Methodology
- Market Overview
- Regional Landscape
- Global Market Analysis and Forecast by Types
- Global Market Analysis and Forecast by Applications
- Global Market Analysis and Forecast by Regions
- North America Market Analysis and Forecast
- Europe Market Analysis and Forecast
- Asia Pacific Market Analysis and Forecast
- Latin America Market Analysis and Forecast
- Middle East Africa Market Analysis and Forecast
- Competitive Landscape
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In conclusion, the Protein Chip Market report is an exhaustive database that will help readers formulate lucrative strategies. The Protein Chip Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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