Western Blotting Market: Trends, Opportunities and Competitive Analysis [2023-2028]

Western Blotting Market Trends and Forecast

The future of the global western blotting market looks promising with opportunities in academic & research institutes, biopharmaceutical & biotechnology companies, and hospitals & diagnostic laboratories. The global western blotting market is expected to reach an estimated $1.26 billion by 2028 with a CAGR of 5.9% from 2023 to 2028. The major drivers for this market are growing prevalence of HIV/AIDS, increasing preference for precision medicines and rise in research and development activities in biotech and pharma sectors.

Western Blotting Market by Product, Application, and End Use

A more than 150-page report is developed to help in your business decisions. A sample figure with some insights is shown below.

Western Blotting Market by Segments

Western Blotting Market by Segment

The study includes trends and forecast for the global western blotting market by product, application, end use, and region, as follows:

Western Blotting Market by Product [Value ($B) Shipment Analysis from 2017 to 2028]:

Consumables

Reagents & Buffers

Antibodies & Conjugates

Primary Antibodies

Secondary Antibodies

Others

Kits

Membranes & Filter Papers

Others

Instruments

Electrophoresis Instruments

Blotting Systems

Semi-Dry Blotting Systems

Wet Blotting Systems

Imagers

Chemiluminescent Imagers

Fluorescent Imagers

Others

Western Blotting Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:

Biomedical Research

Clinical Diagnostics

HIV

Lyme Disease

Hepatitis

Others

Agricultural Applications

Others

Western Blotting Market by End Use [Value ($B) Shipment Analysis from 2017 to 2028]:

Academic & Research Institutes

Biopharmaceutical & Biotechnology Companies

Hospitals & Diagnostic Laboratories

Others

Western Blotting Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

North America

Europe

Asia Pacific

The Rest of the World

List of Western Blotting Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, western blotting companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the western blotting companies profiled in this report include-

Bio-Rad

Thermo Fisher

Danaher

Bio-Techne

Merck

Western Blotting Market Insights

Lucintel forecasts that consumables will remain the larger product segment over the forecast period due to increasing penetration in research and diagnosis activity.

Academic & research institutes are expected to remain the largest end use segment due to an increase in investment in the research and development activities by governments.

North America will remain the largest region due to growing demand from highly developed biotechnology and medical diagnostic sector and increasing funding for research and development activities in the region.

Features of the Western Blotting Market

Market Size Estimates: Western blotting market size estimation in terms of value ($B)

Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.

Segmentation Analysis: Western blotting market size by various segments, such as by product, application, end use, and region

Regional Analysis: Western blotting market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.

Growth Opportunities: Analysis on growth opportunities in different products, applications, end uses, and regions for the western blotting market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape for the western blotting market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the western blotting market size?

Answer: The global western blotting market is expected to reach an estimated $1.26 billion by 2028.

Q2. What is the growth forecast for western blotting market?

Answer: The global western blotting market is expected to grow with a CAGR of 5.9% from 2023 to 2028.

Q3. What are the major drivers influencing the growth of the western blotting market?

Answer: The major drivers for this market are growing prevalence of HIV/AIDS, increasing preference for precision medicine, and rise in research and development activities in biotech and pharma sectors.

Q4. What are the major segments for western blotting market?

Answer: The future of the western blotting market looks promising with opportunities in academic & research institutes, biopharmaceutical & biotechnology companies, and hospitals & diagnostic laboratories.

Q5. Who are the key western blotting companies?

Answer: Some of the key western blotting companies are as follows:

Bio-Rad

Thermo Fisher

Danaher

Bio-Techne

Merck

Q6. Which western blotting segment will be the largest in future?

Answer: Lucintel forecasts that consumables will remain the larger product segment over the forecast period due to increasing penetration in research and diagnosis activity.

Q7. In western blotting market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region due to growing demand from highly developed biotechnology and medical diagnostic sector and increasing funding for research and development activities in the region.

Q8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

• Q.1. What are some of the most promising, high-growth opportunities for the global western blotting market by product (consumables and instruments), application (biomedical and clinical diagnostics), end use (academic & research institutes, biopharmaceutical & biotechnology companies, hospitals & diagnostic laboratories, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?