Asia Pacific Protein Binding Assay Market Growth and Recent Trends by 2028

Asia Pacific Protein Binding Assay Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Technology (Equilibrium Dialysis, Ultracentrifugation, Ultrafiltration, Surface Plasmon, and Others) and End User (Contract Research Organization, Pharmaceutical & Biotechnology Companies, and Research & Diagnostic Laboratories)

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028
  • Status : Published
  • Report Code : TIPRE00025439
  • Category : Life Sciences
  • No. of Pages : 81
  • Available Report Formats : pdf-format excel-format
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Asia Pacific Protein Binding Assay Market Growth and Recent Trends by 2028
Report Date: Oct 2021   |   Report Code: TIPRE00025439 Email: sales@theinsightpartners.com
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The protein binding assay market in APAC is expected to grow from US$ 73.34 million in 2021 to US$ 153.72 million by 2028; it is estimated to grow at a CAGR of 11.2% from 2021 to 2028.



China, Japan, and India are major economies in APAC. Label-Free receptor assays to emerge as powerful assay platform in coming years is the major factor driving the growth of the APAC protein binding assay market. The development of pharmacological assays has resulted in the discovery of a wide range of receptor and drug molecule cellular behavior. Label-free receptor assays are growing rapidly as a powerful assay platform for studying receptor signaling and identifying critical nodes in receptor signaling networks. Drug molecules can now be categorized and characterized in novel ways due to label-free receptors. With substantial advances in biosensor instrumentation, such as the Epic system, high throughput screening of drug molecules operating on native cells, including primary cells, has become a reality. Traditional label-based techniques, such as fluorescence, are being replaced by label-free detection of molecular interactions. The label-free technique is preferred to avoid molecular labels when functional information is required. This is especially true for protein targets where labels can compromise the function of a protein. Label-free methods are compatible with real-time detection, allowing for the assessment of the rates of interacting molecules' association and dissociation. Several label-free approaches are currently available for the detection of biomolecular interactions, based on technologies—such as interferometry, diffraction, surface plasmon resonance (SPR), and quartz crystal microbalance. SPR detection is the most extensively used of them. Thus, label-free assays, which evaluate the interaction of molecules (antibodies-antigens, ligands-receptors, proteins-proteins) without the use of tags such as fluorescent dyes or radioisotopes, are expected to become a powerful assay platform in the future years, which is further anticipated to drive the market in APAC.

According to Worldometer, from its epicenter in China, SARS-CoV-2 has spread to infect ~58,231,688 people in Asia, as of July 29, 2021. Following the terrible loss of lives, economies in Asia Pacific have collapsed during the pandemic. The pandemic has emphasized health data exchange and interoperability under a microscope. The supply chain disruptions, along with the tremendous demand for efficient treatments against COVID-19, have put the healthcare research industry in a crucial situation in region. Socioeconomics in countries such as India, China, Japan, and South Korea were severely affected, resulting in rise in inflation, decrease in GDP, and surge in unemployment.Countries such as China, Japan, Singapore, and South Korea show large interest in clinical trials. High costs in western countries drives the flow of medical affairs outsourcing to Asia Pacific. Moreover, pharmaceutical companies are becoming aware of new and changing regulatory environments for drugs, devices, and in vitro diagnostics to expand sales to the Asian market. Asian countries have been at a forefront of updating GMP standards and medical device regulatory systems and introducing drug price controls. Third-party guidance and advice are required as part of any acquisition or any improvement of current standards. Increasingly, third-party outsourcing service providers are playing a greater role in supporting the protein binding assay market progress in Asia Pacific.

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APAC Protein Binding Assay Market Segmentation          

APAC Protein Binding Assay Market – By Technology

  • Equilibrium Dialysis
  • Ultracentrifugation
  • Ultrafiltration
  • Surface Plasmon
  • Others

APAC Protein Binding Assay Market – By End User

  • Contract Research Organization
  • Pharmaceutical and Biotechnology Companies
  • Research and Diagnostic Laboratories

APAC Protein Binding Assay Market– By Country

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of APAC

APAC Protein Binding Assay Market-Companies Mentioned

  • Biotium, Inc
  • Eurofins Scientific
  • General Electric Company
  • MERCK KGaA
  • MicroConstants, Inc
  • Pharmaron Beijing Co., Ltd
  • Sartorius AG
  • SOVICELL GMBH
  • THERMO FISHER SCIENTIFIC INC.

Asia Pacific Protein Binding Assay Report Scope

Report Attribute Details
Market size in 2021 US$ 73.34 Million
Market Size by 2028 US$ 153.72 Million
CAGR (2021 - 2028) 11.2%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Technology
  • Equilibrium Dialysis
  • Ultracentrifugation
  • Ultrafiltration
  • Surface Plasmon
By End User
  • Contract Research Organization
  • Pharmaceutical & Biotechnology Companies
  • Research & Diagnostic Laboratories
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • Biotium, Inc
  • Eurofins Scientific
  • General Electric Company
  • MERCK KGaA
  • MicroConstants, Inc
  • Pharmaron Beijing Co., Ltd
  • Sartorius AG
  • SOVICELL GMBH
  • THERMO FISHER SCIENTIFIC INC.
Mrinal Kerhalkar
Manager,
Market Research & Consulting

Mrinal is a seasoned research analyst with over 8 years of experience in Life Sciences Market Intelligence and Consulting. With a strategic mindset and unwavering commitment to excellence, she has built deep expertise in pharmaceutical forecasting, market opportunity assessment, and developing industry benchmarks. Her work is anchored in delivering actionable insights that empower clients to make informed strategic decisions.

Mrinal’s core strength lies in translating complex quantitative datasets into meaningful business intelligence. Her analytical acumen is instrumental in shaping go-to-market (GTM) strategies and uncovering growth opportunities across the pharmaceutical and medical device sectors. As a trusted consultant, she consistently focuses on streamlining workflow processes and establishing best practices, thereby driving innovation and operational efficiency for her clients.

  • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
  • PEST and SWOT Analysis
  • Market Size Value / Volume - Regional, Country
  • Industry and Competitive Landscape
  • Excel Dataset

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Page Updated: Oct 2021