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SAN FRANCISCO, July 31, 2017 /PRNewswire/ --
The global protein detection & quantification market is expected to reach USD 3.00 billion by 2025, according to a new report by Grand View Research, Inc. Introduction of assay methods that enable protein estimation at lower limits of concentration in order to monitor the changes is expected to drive growth in the coming years.
Governments are encouraging the research activities by raising funds in the field of proteomics industry and thus the protein detection and quantification market is anticipated to grow at a significant pace in the coming years. Presence of organizations such as the Human Proteome Organization, National Cancer Institute (NCI) and Genomic Health Inc. promotes funding to support R&D and product development exercises pertaining to the field of proteomics.
Growing need to understand chronic diseases at a molecular level and develop therapeutic solutions is expected to encourage these organizations to fund research and development programs. In addition, Public Health Genomics at the National Cancer Institute (NCI) promotes the integration of personalized medicine and genomics into public health cancer research in an attempt to reduce the burden of cancer across the globe
Although technological advancements continue to take place for simplification protein estimation, high cost of technology and assays are anticipated to restrict the usage of these assays and technologies under certain circumstances. For instance, Mass Spectroscopy (MS) which are often used for functional proteomics is considered expensive and slow by researchers. In targeted MS, custom antibodies are required for each target to perform immunoaffinity enrichment of peptides. This process is observed to be expensive as well as lengthy.
Browse full research report with TOC on "Protein Detection and Quantification Market Analysis By Technology (Immunological Methods, Chromatography, Mass Spectrometry), By Products, By Applications, By End-use, And Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/protein-detection-quantification-market
Further key findings from the report suggest:
Browse related reports by Grand View Research:
Grand View Research has segmented the protein detection & quantification market on the basis of technology, product, application, end-use, and region:
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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