The global immunoprecipitation market size is expected to reach USD 910.0 million by 2026, expanding at a CAGR of 5.3%, according to a new report by Grand View Research, Inc. Growth of the life science sector is expected to drive the market. Technological advancements in immunoprecipitation techniques is another factor contributing to high demand.
Immunoprecipitation
helps precipitate target protein from a solution by binding an antibody to that
protein. This technique allows isolation and concentration of a particular
protein or protein complex out of a sample of numerous different proteins.
Growth in the life science industry is rising mainly due to significant
investments made in the R&D sector by key players. In 2016, Merck invested
around USD 286.8 million in R&D, which supported their launch of over 2,000
products.
Introduction
of novel products in protein purification methods has led to rapid growth in
the market. For instance, in 2016, Thermo Fisher Scientific introduced a new
antibody testing and verification methodology by using Immunoprecipitation-Mass
Spectrometry technique. This is developed in order to assist antibody manufacturers,
researchers, and other customers in identifying a suitable antibody for protein
analysis. Availability of varied kits and reagents, such as antibodies, beads,
and buffers is expected to increase the adoption of this technique to a great
extent.
For more info visit here: https://www.grandviewresearch.com/industry-analysis/immunoprecipitation-market
Immunoprecipitation
Market Report Highlights
- On the basis
of product, the reagents segment dominated the immunoprecipitation market
in 2018 owing to large number of products available and introduction of
novel products
- Introduction
of superparamagnetic beads for immunoprecipitation is driving the product
segment and these beads have also proved to be beneficial over agarose
beads
- Technologically
advanced methods such as chromatin and tagged protein immunoprecipitation
are boosting the growth of these techniques
- Rising number
of genomics research activities is driving the growth of the
academic and research institutes segment
- On the basis
of end use, contract research organizations are anticipated to show
lucrative growth over the forecast period owing to rise in outsourcing
services
- North America
held the largest revenue share in 2018 due to high R&D spending by key
companies and growing technological advancements in the U.S.
- Some of the
key manufacturers are Thermo Fisher Scientific; Abcam plc; GenScript
Biotech Corporation; Merck KGaA; Bio-Rad Laboratories; and Takara Bio Inc.
Immunoprecipitation
Market Segmentation
Grand View Research has
segmented the global immunoprecipitation market on the basis of product, type,
end use, and region:
Immunoprecipitation Product Outlook
(Revenue, USD Million, 2015 - 2026)
- Kits
- Reagents
- Antibodies
- Beads
- Others
Immunoprecipitation Type Outlook
(Revenue, USD Million, 2015 - 2026)
- Individual Protein
- Protein Complex
- Chromatin
- Ribonucleoprotein
- Tagged Proteins
Immunoprecipitation End-use Outlook
(Revenue, USD Million, 2015 - 2026)
- Academic & Research Institutes
- Pharmaceutical & Biotechnology
Companies
- Contract Research Organizations
Immunoprecipitation Regional
Outlook (Revenue, USD Million, 2015 - 2026)
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Asia Pacific
- Japan
- China
- India
- South Korea
- Australia
- Singapore
- Latin America
- Brazil
- Mexico
- Argentina
- MEA
- South Africa
- Saudi Arabia
- UAE
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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.
For more info visit @ https://www.grandviewresearch.com
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