WESTERN BLOTTING MARKET ANALYSIS

Western Blotting MarketSize and Trends

The global western blotting market is estimated to be valued at US$ 759.5 million in 2023 and is expected to exhibit a CAGR of 6.8% during the forecast period (2023-2030).

Global Western Blotting Market Segmentation:

The global western blotting market report is segmented into product type, application, end user, and region

Based on Product Type, the market is segmented into electrophoresis blotting systems (automated dry blotting systems, semi-dry blotting systems, traditional wet transfer blotting systems), reagents & kits (chromogenic reagents kits, chemiluminescent reagents kits)(horseradish peroxidase (hrp) substrate, alkaline phosphatase (ap) substrate), fluorescent reagents, antibodies(primary antibody, secondary antibody), buffer kits, transfer membranes). Out of which, the electrophoresis blotting systems segment is expected to hold a dominant position in the western blotting market during the forecast period and this is attributed to the increasing usage of electrophoresis blotting systems for the diagnosis of diseases.

Based on Application, the market is segmented into scientific research, medical diagnostics, agricultural application, food & beverages, and other applications. Out of which, the medical diagnostics segment is expected to hold a dominant position in the western blotting market during the forecast period and this is attributed to the increasing prevalence of HIV.

Based on End User, the market is segmented into diagnostic laboratories, research institutions, and pharmaceutical & biotechnology companies. Out of which, diagnostic laboratories is expected to dominate the market over the forecast period and this is attributed to the increase in the number of diagnoses for the identification of infections like HIV.

Among all segmentation, the application segment has the highest potential due to the increasing prevalence of HIV over the forecast period. For instance, in 2022, according to data published by the Centers for Disease Control and Prevention (CDC), stated that in 2020, 30,635 people received an HIV diagnosis in the U.S.

Western Blotting Market Report Coverage

Global Western Blotting Market- Market Trends

Increasing applications of western blotting technique

Increasing applications of western blotting technique is expected to drive the western blotting market growth over the forecast period. For instance, in January 2020, researchers at British Antarctic Survey, Natural Environment Research Council, U.K., reported the use of western blotting in the assessment of post-translationally deiminated protein and EV profiles of plasma in seabird species from the Antarctic.

Global Western Blotting Market: Key Trends

Increasing applications of western blotting technique

Increasing applications of western blotting technique is expected to drive the western blotting market growth over the forecast period. For instance, in January 2020, researchers at British Antarctic Survey, Natural Environment Research Council, U.K., reported the use of western blotting in the assessment of post-translationally deiminated protein and EV profiles of plasma in seabird species from the Antarctic.