Protein Labeling Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

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Overview and Scope
Protein labelling refers to the process of detecting or purifying the labelled protein and its binding partners by using the proper molecular labels. Most biological research uses one of three basic categories of protein labels: biotin, enzyme conjugates, or fluorescence probes.

Sizing and Forecast
The protein labeling market size has grown rapidly in recent years. It will grow from $2.35 billion in 2023 to $2.58 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to increasing demand for protein-based therapeutics, growing adoption of proteomics research, expanding range of applications for protein labeling, rising awareness of the benefits of protein labeling, increasing availability of skilled labor, increasing prevalence of chronic diseases.

The protein labeling market size is expected to see rapidly grown in the next few years. It will grow to $3.9 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%. The growth in the forecast period can be attributed to personalized medicine, point-of-care (poc) testing, growth in proteomics, increased funding and investment in life sciences, rising healthcare expenditure. Major trends in the forecast period include advances in protein labeling technologies, quantum dots and nanoparticles, multiplexing and high-throughput labeling, bioorthogonal labeling, integration of artificial intelligence (ai), sustainable labeling reagents, drug development.

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Segmentation & Regional Insights
The protein labeling market covered in this report is segmented –

1) By Product: Reagents, Protein, Enzymes, Probes/ Tags, Monoclonal Antibodies
2) By Labeling Method: In-vitro Labeling, In-vivo Labeling
3) By Application: Cell Based-Assay, Fluorescence Microscopy, Immunological Techniques, Mass Spectrometry, Protein Micro Assay

North America was the largest region in the protein labelling market in 2023. The regions covered in the protein labeling market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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Major Driver Impacting Market Growth
Increased spending on the R&D of proteomics and genomics is driving the growth of the protein labelling reagents market. Proteomics is the study of the overall protein content of a cell, tissue, or organism. Protein labelling methods before separation and analysis are essential during proteomic profiling approaches. For instance, the National Institutes of Health (NIH) of the United States, funded $37 billion for biomedical research. This funding is for life sciences research that supports study at a molecular level for the understanding of fundamental processes by which diseases develop, the identification of biomarkers that signal the presence of disease, or identification of genes or proteins responsible for the disease. The Novo Nordisk Foundation granted a grant of up to $1.5 million to the University of Copenhagen to establish a mass spectrometry facility, which marks a new and exciting step in protein research. Therefore, the increased spending on research and development of proteomics and genomics is driving the market.

Key Industry Players
Major companies operating in the protein labeling market include Thermo Fisher Scientific Inc., Merck KGaA, PerkinElmer Inc., General Electric Company, F. Hoffmann-La Roche AG, Agilent Technologies Inc., BIO-RAD LABORATORIES, Kirkegaard & Perry Laboratories, LI-COR Inc., Kaneka Corporation, Promega Corporation, Eurogentec S.A., Luminex Corporation, GE Healthcare, New England Biolabs Inc., Seracare Life Sciences Inc., Abcam plc., ZEDIRA GmbH, NanoTemper Technologies GmbH, TriLink BioTechnologies LLC., Waters Corporation, AMETEK Inc., HORIBA Ltd., Spectris plc., METTLER TOLEDO International Inc., Shimadzu Corporation, Hitachi High-Tech Corporation, Attana AB, Affinité Instruments, Biosensing Instruments

The protein labeling market report table of contents includes:

1. Executive Summary
2. Protein Labeling Market Characteristics
3. Protein Labeling Market Trends And Strategies
4. Protein Labeling Market – Macro Economic Scenario
5. Global Protein Labeling Market Size and Growth
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31. Global Protein Labeling Market Competitive Benchmarking
32. Global Protein Labeling Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Protein Labeling Market
34. Protein Labeling Market Future Outlook and Potential Analysis
35. Appendix

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