Protein assay is one of the most commonly used fundamental techniques of protein quantification used in life science research. There are various assays available in the market that differ according to their sensitivity, principle, and methodology, depending upon factors such as sample size, amount, interfering agents, and reproducibility. Protein assays, unlike those of nucleic acids, rely mostly on color change, i.e., colorimetric assays and the use of standard proteins such as immunoglobulin G (IgG) or bovine serum albumin (BSA). Protein assays are widely used in the diagnosis of diseases such as cancer and HIV.
The use of assays makes early diagnosis possible, which significantly reduces the morbidity and mortality of the disease. Diagnostic and prognostic assays help in early diagnosis and are cost-effective, uncomplicated, and reproducible. Thus, assay usage in disease diagnosis, drug discovery, and development encourages the biotechnology and biopharmaceutical industries to invest in research and development, which fuels the demand for protein assays.
The report titled “Protein Assays Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025” offers strategic insights into the overall protein assays market, along with the market’s size and estimates for the duration of 2015–2025. The said research study covers an in-depth analysis of multiple market segments based on the type of assay, product, technology, application, and different geographies. The assay types studied for analyzing the overall global protein assay market are majorly segmented into dye-binding assays, copper-ion-based assays, test strip-based assays, and other protein assays.
The global protein assay market is further segmented by product type into dye-binding assays, copper-ion-based assays, test strip-based assays, and other protein assays. By technology, it was segmented into absorbance-based protein assays, colorimetric protein assays, and hybrid protein assays. On the basis of application, it is further segmented as reagents, kits, and instruments and accessories.
Geographically, the global protein assays market is studied for the following regional markets:
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of Middle East and Africa
The market size and forecast for these regional and country-level markets are presented in this study for the period 2015–2025. Market growth rates for the forecast period 2017–2025 are also included in this report, considering 2016 as the base year.
Along with quantitative information, qualitative information sets and assessment tools are provided in this study for a better analysis of the overall market scenario and future prospects. Information such as market inclination insights and drivers, challenges, and opportunities assists the readers in understanding the ongoing trends in the global protein assay market.
Tools such as key player market positioning and an appealing investment proposition provide readers with insights into the competitive landscape of the global protein assays market. This report concludes with a company profiles section that highlights major information about the key players engaged in the global protein assay market. In-depth competitive environment analysis and historical (2015) market size data are also provided in the report.
Based on the type of product, the global market for protein assays is segmented as follows:
- Instruments and Accessories
Among the types of products, reagent dominates the global protein assay market, and it is also the fastest-growing market. Because of the large-scale consumption of reagent during assay and protein quantification, reagent has the highest share. These days, protein assay kits are available on the market that is easy to use and handle and show high-precision results.
Protein assay kits are more time-saving and enhance assay consistency, as they do not require filtration or dilution of the assay reagent. Due to advances in technology, novel instruments are now available that are used in protein analysis and quantification, but these instruments are considered a one-time investment.
Based on the type of assays, the global protein assays market is segmented as follows:
- Dye-Binding Assays
- Copper-Ion-Based Assays
- Test-strip-based assays
- Other Protein Assays
Today, researchers face difficulties in selecting the most compatible protein assay from the vast array available on the market. It is important to select an appropriate assay to determine the protein yield. The suitable assay is selected on the basis of factors such as the sensitivity of the assay, sample size, protein-protein variations, speed and convenience, and the presence of a non-protein agent.
There are two types of assays that are commonly used in laboratories: the copper chelation assay and the dye binding assay. Among all types of assays, dye-binding assays dominate the global market for protein assays. The dye-binding Bradford assay is a calorimetric assay that is commonly used and is compatible with most reagents, buffers, and preparations. Additionally, it is easy to use and has been proven to give a speedy and more precise result.
Based on the type of application, the global market for protein assays is segmented as follows:
- Drug Discovery
- Disease Diagnosis
Disease diagnosis dominates the global protein assay application segment market, followed by drug discovery. Disease diagnosis is also the fastest-growing market, with a high adoption rate of protein assays in identifying and diagnosing diseases at an early stage due to novel diagnostic techniques penetrating the market.
The rising prevalence of HIV, cancer and immunology-related diseases is one of the factors propelling the demand for assays. Protein assays play an important role in the development of biotechnology in protein analysis and quantification, which further aid in drug development, clinical studies, research and development, process development, and quality control.
Based on the type of technology, the global market for protein assays is segmented as follows:
- Absorbance-based protein assays
- Colorimetric protein assays
- Fluorescence-Based Protein Assays
Absorbance-based protein assays and fluorescence-based protein assays are the two most commonly used protein quantification methods. The absorbance-based method is commonly used in laboratories due to the availability of spectrophotometers, as it provides efficient analytical performance, accurate results, enhanced sensitivity and is easy to use.
Thus, absorbance-based protein assays occupy the largest share of the absorbance-based protein assays technology market segment. It can be done in microplates with a large number of samples and a small amount of reagent. Fluorescence-based protein assays are preferred when the protein sample is diluted.
For the purpose of this study, the global protein assays market is geographically categorized into:
- North America (U.S., Canada)
- Europe (UK, Germany, and the rest of Europe)
- Asia Pacific (China, Japan, and the Rest of Asia)
- Latin America (LATAM)
- Middle East and Africa (MEA)
At present, North America occupies the largest share of the global market for protein assays. Well-established research and development infrastructure in biotechnology and pharmaceutical companies, vigorous studies, and technology improvements in proteomics are key factors driving the growth of the protein assay market.
This region is home to the majority of the protein assay market’s key players, giving it a competitive advantage in terms of growth. Asia Pacific is anticipated to be the fastest-growing market in the forecast period due to improvements in R&D infrastructure and rising government investment in academic and institutional research in proteomics, especially in emerging countries such as China and India.