The global protein binding assay market is projected to grow at a CAGR of 10%-12% during 2020-2025. The growth of protein binding assay market is driven by rising research and development activities in the pharmaceutical sector, increasing drug development activities, and growing pressure to reduce cost incurred in discovery and development of drugs.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the protein binding assay market by
product & service (instrument, kits & reagents, and services),
technology (equilibrium dialysis, ultrafiltration, ultracentrifugation, and
other technologies), end user (pharmaceutical & biotechnology companies,
contract research organization, and others), and region (North America, Europe,
Asia Pacific, and Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the protein binding assay market?
Q.4 What are some
changing demands of customers in the protein binding assay market?
Q.5 What are the new
developments in the protein binding assay market? Which companies are leading
these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this protein binding assay area and how
big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this protein binding assay market?
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Market Segmentation:
Based on product and
service, the protein binding assay market is segmented into instrument, kits
& reagents, and services. The instrument segment accounted for the largest
share of the market in 2020 due to rising demand for user-friendly instruments
and automated systems for detection of protein binding.
North America is
expected to be the highest growth over the forecast period over the forecast
period due to increasing research activities related to drug discovery and
presence of major pharmaceutical and biotechnology companies in the region.
Key Players in the protein
binding assay market are Merck, Thermo Fisher Scientific, GE Healthcare,
Sovicell, Absorption Systems, HTdialysis, Eurofins Scientific, ADMEcell, 3B
Pharmaceuticals, Biotium, and Danaher.
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The
report helps stakeholders understand the pulse of the market and provides them
with information on key drivers, restraints, challenges, and opportunities for
market growth. It would also help to understand the competitors better and gain
more insights to improve their position in the business.
To read more about this market please click on
https://www.lucintel.com/protein-binding-assay-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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