Protein Chip Market Scope
Protein chip is also called a protein array. Protein Chip is a technical method of tracking the performance as well as the activity of proteins. Protein chips are used for monitoring the appearance of the protein and determining the function of a large number of protein in a single research. It consists of a surface including nitrocellulose membrane, glass slide, microtitre plate, and bead.
The market study is being classified by Type (Protein Microarray Instruments, Protein Microarray Reagent and Protein Microarray Services), by Application (Antibody Characterization, Protein Functional Analysis, Proteomics and Diagnostics) and major geographies with country level break-up.
The companies are exploring the market in new regions by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. Key players are exploring new geographies through expansions and acquisitions across the globe to avail a competitive advantage through combined synergies Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Protein Chip market throughout the predicted period.
Agilent Technologies (United States), Affymetrix Inc. (United States), Sigma Aldrich Corporation (United States), SEQUENOM (United States), Life Technologies Corporation (United States), IIIumina Inc. (United States), EMD Milipore (United States), Ciphergen Biosystems (United States) and Lumicyte (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are HTS Biosystems (United States) and Biacore (Sweden).
AdvanceMarketAnalytics has segmented the market of Global Protein Chip market by Type, Application and Region.
On the basis of geography, the market of Protein Chip has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Technology, the sub-segment i.e. Reverse Phase Protein Microarray will boost the Protein Chip market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospitals will boost the Protein Chip market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 1st November 2018, Illumina, Inc. has acquired Pacific Biosciences at a price of 8 dollars per Pacific Biosciences share in an all-cash transaction. The deal value approximately 1.2 billion dollars on a fully diluted basis.
- Growing Practice for Advanced Technology in Diagnostic Testing
- High Adoption Due To Strong R&D Investments in Proteomics
- Intensifying Rate of Occurrences of Cancer
- Increasing Awareness about Personalized Medicines
- Increasing Advancement in the Protein Chip Technology
- Growing Concern about Complex Technicalities Associated With the Protein Chips
- Dearth of Healthcare Coverage
Key Target AudienceRegulatory and Research Organizations, Research and Consulting Firms and Other
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