Western Blotting
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Global Market Study on <strong>Western</strong> <strong>Blotting</strong>: Increasing Prevalence of HIV and Spontaneous<br />
Research in the Field of Proteomics Fuelling the Growth of <strong>Western</strong> <strong>Blotting</strong><br />
The growth of the western blotting market is mainly driven by rising incidence of HIV, increasing<br />
usage of western blotting in the field of proteomics, and rising demand for advancements and<br />
innovation in drug development. However, factors such as inadequate funding in developing<br />
countries, high pricing of products, and non-availability of devices in developing countries are<br />
expected to hamper overall market growth.<br />
<strong>Western</strong> blotting technique is considered the gold standard for the diagnosis of HIV. <strong>Western</strong><br />
blotting, due to its high specificity and reproducibility, is used as a confirmatory test for the<br />
diagnosis of HIV. According to the World Health Organization (WHO), it is estimated that in 2013,<br />
only 51% of the people with HIV knew about their syndrome status. A major reason for low<br />
diagnosis of HIV is the fear amongst the population of getting positively diagnosed with HIV and<br />
confidentiality issues related to testing results. As per the statistics released by the joint United<br />
Nations program on HIV/AIDS, in 2013, around 35.2 Mn HIV cases were recorded with two<br />
million new cases being detected in 2014, taking the combined total for both years to 37.2 Mn.<br />
Wide application of western blotting technique in various fields such as scientific research, medical<br />
diagnostics, food & beverages industry, agricultural, and other applications is fueling the growth of<br />
the western blotting market globally.<br />
View and Download TOC of<strong>Western</strong> <strong>Blotting</strong> Market Report@<br />
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According to the latest market report published by Persistence Market Research titled “Global<br />
Market Study on <strong>Western</strong> <strong>Blotting</strong>: Increasing Prevalence of HIV and Spontaneous Research in the<br />
Field of Proteomics Fuelling the Growth of <strong>Western</strong> <strong>Blotting</strong>”, the western blotting market is<br />
expected to be valued at US$ 529.1 Mn by the end of 2015. It is anticipated to expand at a CAGR<br />
of 5.4% during the forecast period (2015–2021) to account for US$ 725.0 Mn by 2021.<br />
The western blotting market is segmented on the basis of product, application, region, and end user.<br />
North America dominated the western blotting market with over 30% share and is expected to<br />
remain dominant throughout the forecast period. Revenue from western blotting markets in Asia<br />
and Latin America are expected to expand at CAGRs of 6.2% and 6.0% respectively during the<br />
forecast period.<br />
In terms of volume growth, reagent kits segment is expected to account for maximum share over the<br />
forecast period. Electrophoresis blotting systems segment is expected to register higher CAGR as<br />
compared to other segments in terms of volume.As western blotting is a time consuming and labor<br />
intensive process, end users are opting for automated blotting systems to address these issues.<br />
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The manual technique demands continuous supervision, hence manpower is mandatory while<br />
performing this method to enhance reproducibility. Automated systems perform steps such as<br />
mixing of the solution, washing of gel, and hence reduces the time required for completion of the<br />
protocol. However, the debate regarding the trustworthiness of this technique continues across the<br />
healthcare sector, as the outcomes of tests vary according to the methodology adopted to complete<br />
the process. Selection of proper substrate and antibody is a must to achieve desired results due to<br />
the specificity of the test.
Key market players covered in this report include Thermo Fisher Scientific, Inc., GE Healthcare,<br />
Hoffmann-La Roche Ltd., Danaher Corporation (Lumigen, Inc.), EMD Millipore Corporation, Bio-<br />
Rad Laboratories, Inc., PerkinElmer Inc., LI-COR, Inc., Bio-Techne Corporation (ProteinSimple<br />
Inc.), and Advansta, Inc. These players have been profiled on the basis of various attributes such as<br />
company overview, recent developments, growth strategies, sustainability, and financial overview.<br />
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