The Asia Pacific western blotting market is expected to reach US$ 210.92 Mn in 2027 from US$ 128.20 Mn in 2018. The market is estimated to grow with a CAGR of 5.9% from 2019-2027.
The growth of the market is driven by the factors such as, increasing number of initiatives by private and government bodies. However, the market is likely to slower down its growth due to Systemic risks of genetically modified crops in the region.
Western blot is the primary analytical tool to assess the molecular function in basic cell biology research, drug discovery, and pathology. There has been a significant improvement in the technical aspect of western blot, which has led to increased efficiency, reproducibility, and ease of use. For example, Takara Bio Inc. offers Western BLoT Immuno Booster that contains components, which enhance antigen-antibody interactions. The product is used in a wide variety of immunoassays, including Western blotting and ELISA that helps to increase the final detection sensitivity. Moreover, it is used to obtain the highest possible detection signal for Western blotting also in combination with the Western BLoT HRP Substrate Series for HRP chemiluminescence. Thus, the significant advantage provided by the automated western blot system will contribute to the growth of the western blot market.
China is expected to lead the market in the Asia Pacific region owing to the rising biotechnologies industry across the nations such as China, Japan, India and South Korea. Moreover, the rising investments in the sector is likely to influence the growth of the market during the forecast period. Therefore, considering the above mentioned factors the growth of the market in the country is likely to contribute largest share in the Asia Pacific region during the forecast period.
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ASIA PACIFIC WESTERN BLOTTING – MARKET SEGMENTATION
By Product
- Instruments
- Imagers
- Gel Electrophoresis Instruments
- Blotting Systems
- Consumables
- Kits
- Reagents
- Others
By Application
- Biomedical & Biochemical Research
- Agricultures
- Others
By End User
- Biotechnological & Pharmaceutical Companies
- Diagnostic Laboratories
- Academic & Research Institutes
By Geography
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest Of Asia Pacific
Company Profiles
- Thermo Fisher Scientific Inc.
- Merck KGaA,
- GENERAL ELECTRIC
- Cell Signaling Technology, Inc.
- PerkinElmer, Inc.
- Bio-Rad Laboratories, Inc.
- LI-COR, Inc.
- OriGene Technologies, Inc.,
- Rockland Immunochemicals Inc.
- Abcam plc
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product, Application, End User, and Country
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, China, Japan, South Korea
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
2. Asia Pacific Western Blotting Market – Key Takeaways
3. Asia Pacific Western Blotting Market – Market Landscape
3.1 Overview
3.2 Market Segmentation
3.2.1 Asia Pacific Western Blotting Market – By Product
3.2.2 Asia Pacific Western Blotting Market – By Application
3.2.3 Asia Pacific Western Blotting Market – By End User
3.2.4 Asia Pacific Western Blotting Market – By Country
3.3 PEST Analysis
4. Asia Pacific Western Blotting Market - Key Market Dynamics
4.1 Key Market Drivers
4.1.1 Increasing Number Of Initiatives By Private and Government Bodies
4.2 Key Market Restraints
4.2.1 Systemic Risks Of Genetically Modified Crops
4.3 Key Market Opportunities
4.3.1 Automation In Western Blot Technique
4.4 Future Trends
4.4.1 Rising Future Conferences and Workshops
4.5 Impact Analysis
5. Western Blotting Market – Asia Pacific Analysis
5.1 Asia Pacific Western Blotting Market Revenue Forecasts And Analysis
5.2 Market Positioning
5.2.1 Bio-Rad Laboratories, Inc.
5.2.2 Thermo Fisher Scientific Inc.
6. Asia Pacific Western Blotting Market Analysis – By Product
6.1 Overview
6.2 Asia Pacific Western Blotting Market By Product, 2018 & 2027 (%)
6.3 Asia Pacific Western Blotting Market Revenue And Forecasts to 2027, By Product (US$ Mn)
6.4 Instruments
6.4.1 Overview
6.4.2 Instruments Market Revenue and Forecast to 2027 (US$ Mn)
6.5 Consumables
6.5.1 Overview
6.5.2 Asia Pacific Consumables Market Revenue and Forecast to 2027 (US$ Mn)
7. Asia Pacific Western Blotting Market Analysis – By Application
7.1 Overview
7.2 Asia Pacific Western Blotting Market, By Application, 2018 & 2027 (%)
7.3 Asia Pacific Western Blotting Market Revenue And Forecasts to 2027, By Application (US$ Mn)
7.4 Biomedical & Biochemical Research
7.4.1 Overview
7.4.2 Asia Pacific Biomedical & Biochemical Research Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Agriculture
7.5.1 Overview
7.5.2 Asia Pacific Agriculture Market Revenue and Forecasts to 2027 (US$ Mn)
7.6 Others
7.6.1 Overview
7.6.2 Asia Pacific Others Market Revenue and Forecasts to 2027 (US$ Mn)
8. Asia Pacific Western Blotting Market Analysis – By End User
8.1 Overview
8.2 Asia Pacific Western Blotting Market, By End User, 2018 & 2027 (%)
8.3 Asia Pacific Western Blotting Market Revenue And Forecasts to 2027, By End User (US$ Mn)
8.4 Biotechnology & Pharmaceutical Companies
8.4.1 Overview
8.4.2 Asia Pacific Biotechnology & Pharmaceutical Companies Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Diagnostics Laboratories
8.5.1 Overview
8.5.2 Asia Pacific Diagnostics Laboratories Market Revenue and Forecast To 2027 (US$ Mn)
8.6 Academic & Research Institutes
8.6.1 Overview
8.6.2 Asia Pacific Academic & Research Institutes Market Revenue and Forecasts To 2027 (US$ Mn)
9. Asia Pacific Western Blotting Market Revenue and Forecasts To 2027
9.1 Overview
9.2 Asia Pacific Western Blotting Market Revenue And Forecasts to 2027 (US$ Mn)
9.3 Asia Pacific Western Blotting Market Revenue And Forecasts to 2027, By Product (US$ Mn)
9.4 Asia Pacific Western Blotting Market Revenue And Forecasts to 2027, By Application (US$ Mn)
9.5 Asia Pacific Western Blotting Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.6 Asia Pacific Western Blotting Market Revenue and Forecasts to 2027, By Country (%)
9.7 China Western Blotting Market Revenue and Forecasts To 2027 (US$ Mn)
9.7.1 China Western Blotting Market Revenue and Forecasts to 2027 (US$ Mn)
9.7.2 China Western Blotting Market Revenue And Forecasts to 2027, By Product (US$ Mn)
9.7.3 China Western Blotting Market Revenue And Forecasts to 2027, By Application (US$ Mn)
9.7.4 China Western Blotting Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.8 Japan Western Blotting Market Revenue and Forecasts To 2027 (US$ Mn)
9.8.1 Japan Western Blotting Market Revenue and Forecasts to 2027 (US$ Mn)
9.8.2 Japan Western Blotting Market Revenue And Forecasts to 2027, By Product (US$ Mn)
9.8.3 Japan Western Blotting Market Revenue And Forecasts to 2027, By Application (US$ Mn)
9.8.4 Japan Western Blotting Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.9 India Western Blotting Market Revenue and Forecasts To 2027 (US$ Mn)
9.9.1 India Western Blotting Market Revenue and Forecasts to 2027 (US$ Mn)
9.9.2 India Western Blotting Market Revenue And Forecasts to 2027, By Product (US$ Mn)
9.9.3 India Western Blotting Market Revenue And Forecasts to 2027, By Application (US$ Mn)
9.9.4 India Western Blotting Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.10 Australia Western Blotting Market Revenue and Forecasts To 2027 (US$ Mn)
9.10.1 Australia Western Blotting Market Revenue and Forecasts to 2027 (US$ Mn)
9.10.2 Australia Western Blotting Market Revenue And Forecasts to 2027, By Product (US$ Mn)
9.10.3 Australia Western Blotting Market Revenue And Forecasts to 2027, By Application (US$ Mn)
9.10.4 Australia Western Blotting Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.11 South Korea Western Blotting Market Revenue and Forecasts To 2027 (US$ Mn)
9.11.1 South Korea Western Blotting Market Revenue and Forecasts to 2027 (US$ Mn)
9.11.2 South Korea Western Blotting Market Revenue And Forecasts to 2027, By Product (US$ Mn)
9.11.3 South Korea Western Blotting Market Revenue And Forecasts to 2027, By Application (US$ Mn)
9.11.4 South Korea Western Blotting Market Revenue And Forecasts to 2027, By End User (US$ Mn)
10. Western Blotting Market – Industry Landscape
10.1 Overview
10.2 Comparative Company Analysis
10.3 Organic Developments
10.3.1 Overview
11. Western Blotting Market–Key Company Profiles
11.1 Thermo Fisher Scientific Inc.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Financial Overview
11.1.4 Product Portfolio
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Merck KGaA
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Financial Overview
11.2.4 Product Portfolio
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 GENERAL ELECTRIC
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Financial Overview
11.3.4 Product Portfolio
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Cell Signaling Technology, Inc.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Financial Overview
11.4.4 Product Portfolio
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Perkin Elmer, Inc.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Financial Information
11.5.4 Product Portfolio
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Bio-Rad Laboratories, Inc.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Financial Information
11.6.4 Product Portfolio
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 LI-COR, Inc.
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Financial Overview
11.7.4 Product Portfolio
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 OriGene Technologies, Inc.
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Financial Overview
11.8.4 Product Portfolio
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Rockland Immunochemicals Inc.
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Financial Overview
11.9.4 Product Portfolio
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Abcam Plc.
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Financial Overview
11.10.4 Product Portfolio
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary Of Terms
12.3 Methodology
12.3.1 Coverage
12.3.2 Secondary Research
12.3.3 Primary Research
LIST OF TABLES
Table 1. Asia Pacific Western Blotting Market Revenue And Forecasts To 2027, By Product (US$ Mn)
Table 2. Asia Pacific Western Blotting Market Revenue And Forecasts To 2027, By Application (US$ Mn)
Table 3. Asia Pacific Western Blotting Market Revenue And Forecasts To 2027, By End User (US$ Mn)
Table 4. Asia Pacific Western Blotting Market Revenue And Forecasts To 2027, By Product (US$ Mn)
Table 5. Asia Pacific Western Blotting Market Revenue And Forecasts To 2027, By Application (US$ Mn)
Table 6. Asia Pacific Western Blotting Market Revenue And Forecasts To 2027, By End User (US$ Mn)
Table 7. China Western Blotting Market Revenue And Forecasts To 2027, By Product (US$ Mn)
Table 8. China Western Blotting Market Revenue And Forecasts To 2027, By Application (US$ Mn)
Table 9. China Western Blotting Market Revenue And Forecasts To 2027, By End User (US$ Mn)
Table 10. Japan Western Blotting Market Revenue And Forecasts To 2027, By Product (US$ Mn)
Table 11. Japan Western Blotting Market Revenue And Forecasts To 2027, By Application (US$ Mn)
Table 12. Japan Western Blotting Market Revenue And Forecasts To 2027, By End User (US$ Mn)
Table 13. India Western Blotting Market Revenue And Forecasts To 2027, By Product (US$ Mn)
Table 14. India Western Blotting Market Revenue And Forecasts To 2027, By Application (US$ Mn)
Table 15. India Western Blotting Market Revenue And Forecasts To 2027, By End User (US$ Mn)
Table 16. Australia Western Blotting Market Revenue And Forecasts To 2027, By Product (US$ Mn)
Table 17. Australia Western blotting Market Revenue And Forecasts to 2027, By Application (US$ Mn)
Table 18. Australia Western Blotting Market Revenue And Forecasts To 2027, By End User (US$ Mn)
Table 19. South Korea Western Blotting Market Revenue And Forecasts To 2027, By Product (US$ Mn)
Table 20. South Korea Western Blotting Market Revenue And Forecasts To 2027, By Application (US$ Mn)
Table 21. South Korea Western Blotting Market Revenue And Forecasts To 2027, By End User (US$ Mn)
Table 22. Organic Developments Done By Companies
Table 23. Glossary Of Terms, Western Blotting Market
LIST OF FIGURES
Figure 1. China Western Blotting Market, Revenue (US$ Mn), By Country 2018 & 2027
Figure 2. Asia Pacific Western Blotting Market By Product, Market Share (%), 2018
Figure 3. Asia Pacific Western Blotting Market By Application, Market Share (%), 2018
Figure 4. Asia Pacific Western Blotting Market By End User, Market Share (%), 2018
Figure 5. Western Blotting Market Segmentation
Figure 6. Asia Pacific PEST Analysis
Figure 7. Western Blotting Market Impact Analysis of Drivers & Restraints
Figure 8. Asia Pacific Western Blotting Market – Revenue Forecasts And Analysis – 2018- 2027
Figure 9. Market Positioning Of Key Player In Global Western Blotting Market
Figure 10. Asia Pacific Western Blotting Market, By Product 2018 & 2027 (%)
Figure 11. Instruments Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 12. Asia Pacific Consumables Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 13. Asia Pacific Western Blotting Market By Application, 2018 & 2027 (%)
Figure 14. Asia Pacific Biomedical & Biochemical Research Market Revenue And Forecasts to 2027 (US$ Mn)
Figure 15. Asia Pacific Agriculture Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 16. Asia Pacific Others Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 17. Asia Pacific Western Blotting Market By End User, 2018 & 2027 (%)
Figure 18. Asia Pacific Biotechnology & Pharmaceutical Companies Market Revenue And Forecasts to 2027 (US$ Mn)
Figure 19. Asia Pacific Diagnostics Laboratories Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 20. Asia Pacific Academic & Research Institutes Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 21. Asia Pacific Western Blotting Market Revenue Overview, By Country, 2018 (US$ Mn)
Figure 22. Asia Pacific Western Blotting Market Revenue And Forecasts to 2027 (US$ Mn)
Figure 23. Asia Pacific Western Blotting Market Revenue And Forecasts To 2027, By Country (%)
Figure 24. China Western Blotting Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 25. Japan Western Blotting Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 26. India Western Blotting Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 27. Australia Western Blotting Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 28. South Korea Western Blotting Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 29. Comparative Company Analysis
The List of Companies
- Thermo Fisher Scientific Inc.
- Merck KGaA,
- GENERAL ELECTRIC
- Cell Signaling Technology, Inc.
- PerkinElmer, Inc.
- Bio-Rad Laboratories, Inc.
- LI-COR, Inc.
- OriGene Technologies, Inc.,
- Rockland Immunochemicals Inc.
- Abcam plc
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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