Market Size of Global Western Blotting Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 6.50 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Western Blotting Market Analysis
The western blotting market is expected to register a CAGR of 6.5% over the forecast period (2022-2027).
COVID-19 had a significant impact on the western blotting market due to the unexpected spread. For instance, as per the article published in 2020 under the title 'COVID-19: Is there a role for Western blots and skin testing for determining immunity and development of a vaccine?', for diagnostic purposes and to assess immunity, combining serologic testing, that includes Western blots, along with skin testing using SARS-CoV-2 antigens for measuring DTH reactions, was likely to be beneficial. When examining the humoral immune response in patients recovering from COVID-19, the Western blot technique was anticipated to be helpful for locating immunogenic antigens that were likely to be utilized for vaccine development. Hence, as per the factors mentioned above, COVID-19 had a notable impact on the western blotting market.
The western blotting market is majorly driven by factors such as the rising burden of chronic diseases across the globe, growing research activities in the biotech and pharma sector, and raised R&D investment done by pharmaceutical and biotechnology companies. For instance, as per the 2022 update from the Centers for Disease Control and Prevention (CDC), six in ten Americans live with at least one chronic disease, like heart disease and stroke, cancer, or diabetes. These and other chronic diseases are the leading causes of death and disability in America, and they are also a leading driver of health care costs.
Western blotting is a widely known and used test that is used in cell and molecular biology. With the help of this test, one can detect the specific type of protein from the complex mixture of proteins that are extracted from the cell. This test has gained attraction in the market due to its specificity, low cost, and ease of use.
Despite the technique that has evolved since its inception, there have been several advancements in this technique that occurred in the last decade. For instance, as per the article published in 2021 under the title 'Emerging techniques of western blotting for purification and analysis of protein', the arrival of western blotting kits (Pierce Fast of Thermo Scientific) and simplified processes (Western Workflow of Bio-Rad's V3) were open to creating western blotting quicker and more quantifiable. In the past 5-year progress was made in the prepping of gel, imagers of fluorescence, chemiluminescence, and fluorescent antibodies as companies expended a large sum each year on the Western Blotting methodology. Micro fluidical systems significantly lower the duration of time and number of reagents and antibodies needed for western blotting. Those technologies were also allowed to adjust to high-performance systems. Hence, owing to the certain characteristics of the western blot test, the market is believed to witness considerable growth over the forecast period.
As a result of the factors mentioned, the studied market is anticipated to grow throughout the analysis period. However, the alternatives for western blot and accuracy issues restrain the market growth.
Western Blotting Industry Segmentation
As per the scope of the report, the western blot is an analytical technique that is used in molecular biology, immunogenetics, and other disciplines of diagnostics for the identification of specific proteins from the sample of tissue homogenate or extract. The Western Blotting Market is segmented by Product (Instruments, Consumables), Application (Biomedical & Biochemical Research, Disease Diagnostics, Others) End Users (Academia and Research Institutes, Diagnostic Centers, Others), and Geography (North America, Europe, Asia-Pacific, South America, Middle East, and Africa). The market report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD million) for the above segments.
By Product | |||||||||
| |||||||||
|
By Application | |
Biomedical & Biochemical Research | |
Disease Diagnostics | |
Others |
By End-User | |
Academia and Research Institutes | |
Diagnostic Centers | |
Others |
Geography | ||||||||
| ||||||||
| ||||||||
| ||||||||
| ||||||||
|
Global Western Blotting Market Size Summary
The western blotting market is poised for significant growth, driven by the increasing prevalence of chronic diseases and the rising investment in research and development within the pharmaceutical and biotechnology sectors. This technique, widely used in cell and molecular biology, offers specificity, cost-effectiveness, and ease of use, making it a preferred choice for detecting specific proteins from complex mixtures. The market's expansion is further supported by advancements in technology, such as the development of western blotting kits and simplified processes, which have enhanced the speed and quantifiability of the tests. Despite the presence of alternative methods and accuracy concerns, the demand for western blotting in medical diagnostics, particularly for diseases like HIV, Lyme disease, and hepatitis, continues to bolster market growth.
In North America, the market is expected to experience robust growth due to the high prevalence of chronic diseases and the region's strong focus on healthcare innovation. The increasing healthcare costs and the need for early diagnosis of chronic conditions are likely to drive the adoption of western blotting techniques. Additionally, product launches and strategic collaborations among major players, such as Thermo Fisher Scientific, Bio-Rad Laboratories, and Merck & Co., are contributing to the market's expansion. These companies are continuously enhancing their product offerings to meet the growing demand for advanced diagnostic solutions. As the market evolves, it is anticipated that smaller companies will also enter the space, further intensifying competition and driving innovation.
Global Western Blotting Market Size - Table of Contents
-
1. MARKET DYNAMICS
-
1.1 Market Overview
-
1.2 Market Drivers
-
1.2.1 Growing Proteomics Market Across the Globe
-
1.2.2 Increasing R&D Investment by the Pharma and Biotech Companies
-
1.2.3 Wide Applications of the Western Blot Test
-
-
1.3 Market Restraints
-
1.3.1 Availability of the Alternatives for Western Blot
-
1.3.2 Accuracy Issues
-
-
1.4 Porter's Five Force Analysis
-
1.4.1 Threat of New Entrants
-
1.4.2 Bargaining Power of Buyers/Consumers
-
1.4.3 Bargaining Power of Suppliers
-
1.4.4 Threat of Substitute Products
-
1.4.5 Intensity of Competitive Rivalry
-
-
-
2. MARKET SEGMENTATION (Market Size by Value - USD Million)
-
2.1 By Product
-
2.1.1 Instruments
-
2.1.1.1 Gel Electrophoresis Instruments
-
2.1.1.2 Blotting Systems
-
2.1.1.3 Imagers
-
2.1.1.3.1 Chemiluminescent Imagers
-
2.1.1.3.2 Fluorescent Imagers
-
2.1.1.3.3 Others
-
-
-
2.1.2 Consumables
-
2.1.2.1 Reagents
-
2.1.2.2 Kits
-
-
-
2.2 By Application
-
2.2.1 Biomedical & Biochemical Research
-
2.2.2 Disease Diagnostics
-
2.2.3 Others
-
-
2.3 By End-User
-
2.3.1 Academia and Research Institutes
-
2.3.2 Diagnostic Centers
-
2.3.3 Others
-
-
2.4 Geography
-
2.4.1 North America
-
2.4.1.1 United States
-
2.4.1.2 Canada
-
2.4.1.3 Mexico
-
-
2.4.2 Europe
-
2.4.2.1 Germany
-
2.4.2.2 United Kingdom
-
2.4.2.3 France
-
2.4.2.4 Italy
-
2.4.2.5 Spain
-
2.4.2.6 Rest of Europe
-
-
2.4.3 Asia Pacific
-
2.4.3.1 China
-
2.4.3.2 Japan
-
2.4.3.3 India
-
2.4.3.4 Australia
-
2.4.3.5 South Korea
-
2.4.3.6 Rest of Asia-Pacific
-
-
2.4.4 Middle East and Africa
-
2.4.4.1 GCC
-
2.4.4.2 South Africa
-
2.4.4.3 Rest of Middle East and Africa
-
-
2.4.5 South America
-
2.4.5.1 Brazil
-
2.4.5.2 Argentina
-
2.4.5.3 Rest of South America
-
-
-
Global Western Blotting Market Size FAQs
What is the current Global Western Blotting Market size?
The Global Western Blotting Market is projected to register a CAGR of 6.5% during the forecast period (2024-2029)
Who are the key players in Global Western Blotting Market?
Thermo Fisher Scientific, Inc., Bio-Rad Laboratories, Inc., PerkinElmer, Inc., Merck & Co., Inc., and Danaher Corporation (Cytiva) are the major companies operating in the Global Western Blotting Market.