Global Protein Chip Market Will Reach to USD 6,298 Million By 2025: Zion Market Research

According to the report, the global protein chip market was USD 2,031 million in 2018 and is expected to generate around USD 6,298 million by 2025, at a CAGR of around 17.61% between 2019 and 2025.

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New York, NY, Sept. 18, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Protein Chip Market By Product (Lab-On-Chip, Integrated System, Arrayers, and Microarrays System), By Technology (Analytical Microarrays, Functional Protein Microarrays, and Reverse Phase Protein Microarray), By Application (Diagnostics, Proteomics, Protein Functional Analysis, and Antibody Characterization), and By End-User (Hospitals, Clinics, Diagnostic Centers, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global protein chip market was USD 2,031 million in 2018 and is expected to generate around USD 6,298 million by 2025, at a CAGR of around 17.61% between 2019 and 2025.

Protein chip or protein array is a high-performance method for detecting proteins, investigating protein functions, and monitoring their amount of expression. In basic research and biotechnology companies, protein arrays are the commonly used technology. The protein array concept involves the use of proteins on a surface comprising glass, membranes, microtiter wells, mass spectrometer beads, and plates. The array also includes sample molecules labeled with a fluorescent dye. A laser scanner can read this fluorescent signal. Proteins are identified after capturing antibodies using direct protein labeling, to show analytical microarrays using analyte labeled assay format. There is another model sandwich assay format that detects multiple variations in protein expression in epithelial and stromal cells via this analyte labeled antibody array.

Browse through 71 Tables & 29 Figures spread over 110 Pages and in-depth TOC on “Global Protein Chip Market: By Product Type, Applications, Industry Size, Share, Trends, Analysis, and Forecast, 2018–2025”.

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The major drivers of the protein chip market are the growing personalized medicine demand and strong proteomics R&D investments. Other growth drivers are increasing cancer incidence rates and the rising practice of diagnostic testing with advanced technology. The protein chip market is plagued with difficulties in various critical aspects, particularly in high-throughput protein production. This is a scientific experimentation technique that involves screening big compound libraries for activity against biological objectives via automation. In addition, protein chip determines the quality of the resulting protein microarrays, thus the protein quality is a crucial aspect.

By product, the protein chip market is categorized into the integrated system, lab-on-chip, microarrays system, arrayers, and others. By technology, the protein chip market includes functional protein microarrays, reverse phase protein microarray, and analytical microarrays. The application segment comprises antibody characterization, diagnostics, protein functional analysis, and proteomics. The proteomics segment dominates the protein chip market, as they are used in biomedical research and drug discovery studies based on conduction chips. The end-user segment includes clinics, hospitals, diagnostic centers, and others.

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North America is estimated to dominate the protein chip market globally in the years ahead, owing to the increasing demand for personalized medicine and growing R&D investments in proteomics. In addition, the presence of developed countries, such as the U.S., Canada, etc., with sophisticated healthcare equipment and infrastructure is also projected to catalyze the development of the protein chip market over the projection period.

Europe is another foremost region that will contribute major revenue to the protein chip market over the forecast time period, owing to the rising cancer incidences and growing practice in sophisticated technology diagnostic testing. The existence of more sophisticated research and development equipment in the region combined with technical developments in this sector is fuelling the European protein market.

Browse the full “Protein Chip Market By Product (Lab-On-Chip, Integrated System, Arrayers, and Microarrays System), By Technology (Analytical Microarrays, Functional Protein Microarrays, and Reverse Phase Protein Microarray), By Application (Diagnostics, Proteomics, Protein Functional Analysis, and Antibody Characterization), and By End-User (Hospitals, Clinics, Diagnostic Centers, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/protein-chip-market

The Asia Pacific is an evolving protein chip market, owing to various economic developments witnessed in India, China, and Malaysia. In addition, due to the region’s diverse demographic pool, most drug development businesses outsource their clinical trial drug development research to Asian nations, which is also contributing to the development of this region's protein chip market. Additionally, in conjunction with emerging health equipment and growing protein chip awareness are also fuelling the protein chip market in the region.

Latin America and the Middle East and Africa are expected to grow at a moderate pace over the prediction time period, owing to the increasing awareness among individuals, flourishing healthcare sector, positive economic growth, and rising number of public initiatives.

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Some key players of the protein chip market are EMD Millipore, Illumina, Life Technologies, SEQUENOM, Sigma Aldrich Corporation, Affymetrix, and Agilent Technologies.

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This report segments the global protein chip market into:

Global Protein Chip Market: Product Analysis

  • Lab-on-Chip
  • Integrated System
  • Arrayers
  • Microarrays System

Global Protein Chip Market: Technology Analysis

  • Analytical Microarrays
  • Functional Protein Microarrays
  • Reverse Phase Protein Microarray

Global Protein Chip Market: Application Analysis

  • Diagnostics
  • Proteomics
  • Protein Functional Analysis
  • Antibody Characterization

Global Protein Chip Market: End-User Analysis

  • Hospitals
  • Clinics
  • Diagnostic Centers
  • Others

Global Protein Chip Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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