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Western Blotting Market, By Product (Consumables, and Instruments), By Application (Diseases Diagnostics, Agriculture, and Biochemical Research), and Geography (NA, EU, APAC, and RoW) – Analysis, Share, Trends, Size, & Forecast From 2014 – 2025
Author:sino    Source:Sino-report    Number of clicks :     Update time:2019-03-17 14:26
The western blotting market was valued at USD 650.8 million by 2017, growing with 7.8% CAGR during the forecast period, 2018-2025
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REPORT HIGHLIGHT

The western blotting market was valued at USD 650.8 million by 2017, growing with 7.8% CAGR during the forecast period, 2018-2025

Western Blotting method is a scientific procedure that is used to identify protein sequences and complexes. It is used in the fields of molecular biology and immunogenetics due to its link with protein complexes in cell biology.

Market Dynamics

Based on statistics presented by the United Nations Programme on HIV and AIDS (UNAIDS), 6.9 million people globally were living with HIV in the year 2017. Another stats by the UNAIDS stated that1.8 million [1.4 million–2.4 million] people were newly infected with HIV in 2017. The western blotting method is useful in the detection of AIDS since it has proven to have a higher accuracy rate over ELISA (Enzyme-linked immune sorbent assay). Besides AIDS, other immune-associated diseases such as Lyme diseases and others can also be detected with higher precision using this technique. Thus, increasing incidences of these diseases would in turn surge in demand, driving the industry growth.

Product Takeaway

The product segment is broadly categorized into consumables and instruments. The consumables category consists of kits, reagents and others. Consumables dominate in terms of revenue generation. This can be attributed to an increase in detection of diseases and increase in the incidence of these diseases. The instruments segment consists of Gel electrophoresis equipment, imagers and blotting procedures. In terms of growth rate, the instruments have a swifter growth curve. Due to its use in the detection of the chronic diseases, and an increased number of detection kits, thus an increased demand for instruments. One of the biggest restraints in this industry is the emergence of alpha technology, a high throughput screening technology. This method is likely to supersede the western blotting method owing to its associated advantages. It doesn’t involve various stages of processing like the western blotting does and yet detects the molecules effectively. If technologies such as these crop up, it could threaten the market significantly.

Application Takeaway

In terms of the application, the industry is divided into biomedical research, disease diagnostics, agriculture, and others.  Based on the revenues generated, biomedical research dominated the worldwide industry. The government funding for this research has drastically improved, thus supporting the growth of this sector. Since this method is used for a wide variety of disease detection like Lyme’s, and HIV, the scope of this particular category is expected to grow significantly in future.

Regional Takeaway

North America is the major revenue generator compared to the other regions. This can be attributed to the growing use of genetically modified crops in the U.S. coupled with the increase in R&D spending for molecular biology field. One of the regions with growing demand of this technology is the Asia Pacific is the strong growth of biotechnology industry in Japan and China.

Key Vendor Takeaway

Some of the key players of the industry comprise Thermo Fisher Scientific; Merck; Bio-Rad Laboratories; Bio-Techne Corporation; F. Hoffmann-La Roche Ltd., GE Healthcare; PerkinElmer, Inc.; Advansta, Inc.; and Cell Signaling Technology. Thermo Fischer is one of the leaders in this market owing to the strong research and development activities and cost-effective products. The company offers products such as Protein Gel Welcome Packs, iBright Imaging Systems, SuperSignal Chemiluminescent Substrates, and iBlot 2 Dry Blotting System under this category.

The market size and forecast for each segment and sub-segments has been considered as below:

  • Historical Year – 2014 & 2016
  • Base Year – 2017
  • Estimated Year – 2018
  • Projected Year – 2025

TARGET AUDIENCE

  • Traders, Distributors, and Suppliers
  • Manufacturers
  • Government Agencies
  • Regional Agencies
  • Research Organizations
  • Consultants
  • Distributors

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

MARKET, BY PRODUCT

  • Consumables
    • Reagents
    • Kits
    • Others
  • Instruments
    • Gel Electrophoresis Instruments
    • Blotting Systems
    • Imagers

MARKET, BY APPLICATION

  • Disease Diagnostics
  • Agriculture
  • Biochemical Research
  • Others

MARKET, BY REGION

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Rest of APAC
  • Rest of the World
    • Middle East and Africa
    • Latin America
    • TABLE OF CONTENT

      1. WESTERN BLOTTING MARKET OVERVIEW
      1.1. Study Scope
      1.2. Assumption and Methodology 
      2. EXECUTIVE SUMMARY
      2.1. Key Market Facts
      2.2. Geographical Scenario
      2.3. Companies in the Market
      3. WESTERN BLOTTING KEY MARKET TRENDS
      3.1. Market Drivers 
      3.1.1. Impact Analysis of Market Drivers
      3.2. Market Restraints
      3.2.1. Impact Analysis of Market Restraints
      3.3. Market Opportunities
      3.4. Market Future Trends
      4. WESTERN BLOTTING INDUSTRY STUDY
      4.1. Porter’s Analysis
      4.2. Market Attractiveness Analysis
      4.3. Regulatory Framework Analysis
      5. WESTERN BLOTTING MARKET LANDSCAPE 
      5.1. Market Share Analysis
      6. WESTERN BLOTTING MARKET – BY PRODUCT
      6.1. Overview
      6.2. Consumables
      6.2.1. Overview
      6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      6.2.3. Reagents
      6.2.3.1. Overview
      6.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      6.2.4. Kits
      6.2.4.1. Overview
      6.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      6.2.5. Others
      6.2.5.1. Overview
      6.2.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      6.3. Instruments
      6.3.1. Overview
      6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      6.3.3. Gel Electrophoresis Instruments
      6.3.3.1. Overview
      6.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      6.3.4. Blotting Systems
      6.3.4.1. Overview
      6.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      6.3.5. Imagers
      6.3.5.1. Overview
      6.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      7. WESTERN BLOTTING MARKET – BY APPLICATION
      7.1. Overview
      7.2. Disease Diagnostics
      7.2.1. Overview
      7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      7.3. Agriculture
      7.3.1. Overview
      7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      7.4. Biochemical Research
      7.4.1. Overview
      7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      7.5. Others
      7.5.1. Overview
      7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      8. WESTERN BLOTTING MARKET– BY GEOGRAPHY
      8.1. Introduction
      8.2. North America
      8.2.1. Overview
      8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      8.2.3. U.S.
      8.2.3.1. Overview
      8.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      8.2.4. Canada
      8.2.4.1. Overview
      8.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      8.3. Europe
      8.3.1. Overview
      8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      8.3.3. France
      8.3.3.1. Overview
      8.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      8.3.4. Germany
      8.3.4.1. Overview
      8.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      8.3.5. Rest of Europe
      8.3.5.1. Overview
      8.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      8.4. Asia Pacific (APAC)
      8.4.1. Overview
      8.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      8.4.3. China
      8.4.3.1. Overview
      8.4.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      8.4.4. India
      8.4.4.1. Overview
      8.4.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      8.4.5. Rest of APAC
      8.4.5.1. Overview
      8.4.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      8.5. Rest of the World
      8.5.1. Overview
      8.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      8.5.3. Latin America
      8.5.3.1. Overview
      8.5.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      8.5.4. Middle East and Africa
      8.5.4.1. Overview
      8.5.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      9. KEY VENDOR ANALYSIS
      9.1. Thermo Fisher Scientific
      9.1.1. Company Overview
      9.1.2. SWOT Analysis
      9.1.3. Key Developments
      9.2. Merck
      9.2.1. Company Overview
      9.2.2. SWOT Analysis
      9.2.3. Key Developments
      9.3. Bio-Rad Laboratories
      9.3.1. Company Overview
      9.3.2. SWOT Analysis
      9.3.3. Key Developments
      9.4. Bio-Techne Corporation
      9.4.1. Company Overview
      9.4.2. SWOT Analysis
      9.4.3. Key Developments
      9.5. F. Hoffmann-La Roche Ltd.
      9.5.1. Company Overview
      9.5.2. SWOT Analysis
      9.5.3. Key Developments
      9.6. GE Healthcare
      9.6.1. Company Overview
      9.6.2. SWOT Analysis
      9.6.3. Key Developments
      9.7. PerkinElmer, Inc.
      9.7.1. Company Overview
      9.7.2. SWOT Analysis
      9.7.3. Key Developments
      9.8. Advansta, Inc.
      9.8.1. Company Overview
      9.8.2. SWOT Analysis
      9.8.3. Key Developments
      9.9. Cell Signaling Technology 
      9.9.1. Company Overview
      9.9.2. SWOT Analysis
      9.9.3. Key Developments
      10. 360 DEGREE ANALYSTVIEW
      11. APPENDIX
      11.1. Research Methodology
      11.2. Abbreviations
      11.3. Disclaimer
      11.4. Contact Us

      List of Tables
      Table 1 List of Acronyms
      Table 2 Key Market Facts, 2014 – 2025
      Table 3 Market Drivers: Impact Analysis
      Table 4 Market Restraint: Impact Analysis 
      Table 5 Market Opportunity: Impact Analysis 
      Table 6 PEST Analysis
      Table 7 Porter’s Five Forces Analysis
      Table 8 Company Market Share Analysis
      Table 9 Global Western Blotting Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      Table 10 Western Blotting Market, by Product, 2014 – 2025 (USD Billion)
      Table 11 Western Blotting Market, by Application, 2014 – 2025 (USD Billion)
      Table 12 Western Blotting Market, by Geography, 2014 – 2025 (USD Billion)
      Table 13 North America Western Blotting Market, 2014 – 2025 (USD Billion)
      Table 14 U.S. Western Blotting Market, 2014 – 2025 (USD Billion)
      Table 15 Canada Western Blotting Market, 2014 – 2025 (USD Billion)
      Table 16 Europe Western Blotting Market, 2014 – 2025 (USD Billion)
      Table 17 France Western Blotting Market, 2014 – 2025 (USD Billion)
      Table 18 Germany Western Blotting Market, 2014 – 2025 (USD Billion)
      Table 19 Asia Pacific Western Blotting Market, 2014 – 2025 (USD Billion)
      Table 20 China Western Blotting Market, 2014 – 2025 (USD Billion)
      Table 21 India Western Blotting Market, 2014 – 2025 (USD Billion)
      Table 22 Latin America Western Blotting Market, 2014 – 2025 (USD Billion)
      Table 23 MEA Western Blotting Market, 2014 – 2025 (USD Billion)

      List of Figures
      Figure 1 Research Methodology
      Figure 2 Research Process Flow Chart
      Figure 3 Comparative Analysis, by Geography, 2016-2025 (Value %)
      Figure 4 Regulatory Framework Analysis
      Figure 5 Western Blotting Market, by Product, 2014 – 2025 (USD Billion)
      Figure 6 Western Blotting Market, by Application, 2014 – 2025 (USD Billion)
      Figure 7 Western Blotting Market, by Geography, 2014 – 2025 (USD Billion)

      SCOPE AND OBJECTIVES
      The objective of this report is to describe the market trends and revenue forecasts for the market for the upcoming years. The report focuses on defining and describing the key influencing factors for the growth of the market. It also offers an in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key market players, and premium industry trends. 
      The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analysing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the market. The scope of this report covers the market by its major segments.

      KEY BENEFITS OF THE REPORT:
      – The report presents macro and micro-level outlook regarding the industry. Thus, it becomes easy for our clients to perceive the business landscape and take a glimpse of their own standing in it.
      – Thorough analysis of relevant statistical data to estimate the market paradigms
      – Exceptional understanding of region and country specific markets. The report will answer some of the toughest questions regarding the market shares, sizes, forecasts, and growth specific to the countries.
      – Well-designed strategic framework analyzes the market movements including regional expansion, mergers & acquisitions, and new product developments

      RESEARCH METHODOLOGY

      Research methodology is developed on a combination of specialist industry analyst knowledge and in-country research experience. We employ data interrogation methodologies to generate new and meaningful analyses and insights. The research study includes extensive use of secondary sources, paid databases (such as Bloomberg, Dun & Bradstreet, and BusinessWeek) and directories, to identify and collect information, useful to understand technical, commercial and market-oriented aspects. Market data and information are also collected (but not limited to) from the secondary sources such as:

      • Official company’s website, financial and annual reporting
      • Government statistical data
      • Online publishing articles
      • Industry player’s investor presentations
      • Economic news articles
      • National and international trade associations
      • The financial, business, and mainstream press
      • Industry study groups and semiofficial sources
      • Informative channels related to the market topics

      * Gathering data through secondary sources is only the first step. The ability to cross-refer market data through available secondary            information often conflicting across multiple sources is a key aspect of the added value we provide

      In order to verify and validate secondary market data, we engage with the Key Opinion Leaders (KoL’s), operating in the respective markets, through phone calls, emails, and web-based survey responses. This platform help us validate our data in terms of accuracy and gain insight into the current market and future expectations. Furthermore, the obtained information guide us to understand several facets of the market with respect to manufacturers and buyers’ perspectives.

      In addition, to assign weights to all the relevant market dynamics and parameters and quantify their market impact for generating projected market growth rate, we used advanced machine learning algorithms in order to collate essential market data. The machine learning method utilizes algorithms such as regression, correlation, and decision tree, among others, to derive the desired output. This tool help us in deriving highly detailed forecasts, profound knowledge of product demand, and others.

      These collected data points are carefully filtered, analyzed, compared, and presented in an easy way to develop accurate research study. Furthermore, all collected data is subjected to undergo exhaustive review process at country level, regional level, and global level.

      Market Forecast :

      Market forecast is primarily based on the year-on-year (YOY) growth rate. Data projection and future performance of each segment is analyzed based on the key aspects extracted from primary and secondary research results. Thus, data projection exhibits the assumption on how the market performs under microeconomic and macroeconomic parameters. Our market forecasting technique represents strategic conclusions which can play a crucial role for our client’s in making strategic marketing plans.

      For forecasting, the following parameters were considered:

      • Market drivers and restraints along with their current and expected impacts
      • Technological scenario and expected developments
      • Trends in the consumer behaviors
      • End-user industry trends

      We have assigned weights to above-mentioned parameters and quantified their market impacts using the weighted average analysis, to derive an expected market growth rate.

      Market Analysis

      Another integral part of our research study is that market data is accompanied by clear written analysis. We include detailed information on market segments in terms of market drivers, market restraints, and market opportunities. These offer insights on different channel dynamics, brand preference, incidence/prevalence data, consumption trend, and technology up-gradations.

      We also include supporting data from relevant awareness campaigns, new introductions, regulatory norms, government initiatives, and an industry player’s expansion in specific product segments. From research perspective, this information explains and substantiates estimated data finding and forecast.

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