Luciferase Assay Kits Market Growth, Top Players, and Forecast by 2031

MARKET INTRODUCTION

The luciferase assay is used to determine if a protein can activate or repress the expression of a target gene. The luciferase assay can establish a functional connection between the presence of the protein and the amount of gene product that is produced. Luciferase assays allow for the study of transcriptional gene expression, virus life cycles, and cell viability, making them essential tools for drug development in reporter gene, cytotoxicity, and cell proliferation applications, as well as general kinase activity monitoring. Luciferase is vastly used as a reporter for studying gene regulation and function and for pharmaceutical screening. It is a very sensitive genetic reporter due to the absence of endogenous luciferase activity in mammalian cells or tissues. Due to variability in conditions within each well in a cell culture plate, a proper luciferase assay experiment should repeat each condition at least in triplicate. The scientist should compare luciferase expression between conditions in which no protein is present, protein is present, and the regulatory sequence regulating luciferase expression is mutated so that the protein is no longer able to bind.

MARKET DYNAMICS

The luciferase assay kits market has shown a significant evolution over the forecast period. The key driving factors include owing to their recurrent use in studies related to gene expression and signaling pathway exploration along with benefits offered by assay kits above standalone reagents. Moreover, the rising funding for cell-based studies, growing inclination toward cell-based assays, and rapidly rising applications of gene expression are further driving the growth of the market. The increasing cancer cases, escalating demand for tailored medicines, and accelerating funding processes from government agencies will drive the reporter gene assay market globally, thereby creating lucrative opportunities for market growth. Increasing R&D activities and growing focus on technological innovation is fuelling the luciferase market growth. However, the high research cost of cell biology, the absence of skilled researchers, the shortage of the latest healthcare infrastructure in developing nations, and the lack of awareness may restrict the reporter luciferase assay market growth globally.

MARKET SCOPE

The "Luciferase Assay Kits Market Analysis to 2031" is a specialized and in-depth study of biotechnology in the healthcare industry, focusing on the global market trend analysis. This report provides an outline of the luciferase assay kits market with detailed market segmentation by product, application, and end-user. The luciferase assay kits market is expected to witness high growth during the forecast period. The report focuses on the vital statistics on the market status of the leading players in the luciferase assay kits market and offers key trends and opportunities.

MARKET SEGMENTATION

The market is segmented based on product, application, and end-user. Based on the product, the market is categorized as D-luciferin, 5X firefly luciferase lysis buffer, firefly luciferase assay buffer (Lyophilized). Based on the application, the market is segmented as cell signaling pathways, promoter structural and functional analysis, gene regulation, and protein interaction. Based on the end-user, the market is segmented as academic and research institutes, pharmaceutical and biotechnology companies, contract research organizations (CROS), and hospital and diagnostic laboratories.

REGIONAL FRAMEWORK

The report lays out a comprehensive outline of the industry, including both quantitative and qualitative information. The report gives a sketch and forecast of the luciferase assay kits market-based on various segments. It also consists market size and forecast estimates from the year 2021 to2031 concerning five major regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. The luciferase assay kits market by each region is then subdivided into respective countries and segments. The report comprises the analysis and forecast of eighteen countries globally and the recent trend and opportunities prevailing in the region.

The report analyzes factors affecting the luciferase assay kits market from both the demand and supply side. Moreover, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also consists precise PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South & Central America, after evaluating political, economic, social, and technological factors affecting the luciferase assay kits market in these regions.

MARKET PLAYERS

The report contains critical developments in the luciferase assay kits market as organic and inorganic growth strategies. Multiple enterprises focus on organic growth strategies like product approvals, product launches, and others, such as patents and events. Inorganic growth strategies observed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the luciferase assay kits market are anticipated to have profitable growth opportunities in the coming years with the rising demand for luciferase assay kits in the global market. Given below is the list of few companies engaged in the luciferase assay kits market.

The report also consists of the profiles of key players in the luciferase assay kits market, along with their SWOT analysis and market strategies. Additionally, the report elaborates on leading industry players with information on company profiles, components, and services provided, financial information of the last three years, critical development in the past five years.

•  Merck KGaA
  
•  Thermo Fisher Scientific Inc.
  
•  Bio-Rad Laboratories, Inc.
  
•  Promega Corporation.
  
•  PerkinElmer Inc.
  
•  Biotium
  
•  Takara Bio, Inc.
  
•  GeneCopoeia, Inc.
  
•  InvivoGen
  
•  PromoCell GmbH
  

The Insight Partner's dedicated research and analysis team comprises of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Luciferase Assay Kits Report Scope