Western Blotting Market Growth, Forecast, and Trends 2031

Western Blotting Market Size and Forecast (2021–2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product (Instruments, Consumables), Application (Biomedical & Biochemical Research, Agriculture, and Others), End User (Biotechnological and Pharmaceutical Companies, Diagnostic Laboratories, Academic and Research Institutes, and Others), and Geography

  • Report Code : TIPHE100001121
  • Category : Biotechnology
  • No. of Pages : 150
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Western Blotting Market Research Report 2021-2031

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The Western Blotting Market size is projected to reach US$ 1,173.73 million by 2031 from US$ 782.42 million in 2023. The market is expected to register a CAGR of 5.2% in 2023–2031. The increasing prevalence of HIV infection and technological advancements in botting systems and government initiatives along with investment by pharma and biotechnology companies is likely to remain key Western Blotting market trends.

Western Blotting Market Analysis

According to the data published by the World Health Organization in 2022, approximately 39 million people are living with HIV of which 6,30,000 people died of Human Immunodeficiency Virus (HIV)-related illness. Hence, the rising prevalence of HIV has led to huge demand for western blotting tests. Western blotting test is always preferred over the enzyme-linked immunosorbent assay (ELISA) test for detecting HIV, owing to its greater accuracy in detecting HIV antibodies in the patient’s blood. However, ELISA is prescribed by healthcare professionals for HIV screening. The technique helps in confirming the HIV infection in the patient’s body. Although this testing tool is much more complicated as compared to ELISA, it delivers more accurate and effective results in detecting HIV.

Western Blotting Market Overview

North America is the largest market for Western Blotting market growth with the US holding the largest market share followed by Canada. Factors such as the increasing prevalence of HIV, increased R&D investment by pharma and biotechnology companies, and increasing application of western blotting technique, which is anticipated to further propel the overall North American Western Blotting market. For instance, in 2021, there were approximately 32,100 estimated new HIV infections in the U.S., however, the Southern US reported the highest percentage of HIV infection i.e. 52%, with approximately 16,700 cases among the newly estimated cases.

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Western Blotting Market: Strategic Insights

Western Blotting Market

  • CAGR (2023 - 2031)
    5.2%
  • Market Size 2023
    US$ 782.42 Million
  • Market Size 2031
    US$ 1,173.73 Million

Market Dynamics

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OPPORTUNITIES
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Key Players

  • 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.

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Product
  • Instruments
  • Consumables
Application
  • Biomedical & Biochemical Research
  • Agriculture
  • Others
End User
  • Biotechnological and Pharmaceutical Companies
  • Diagnostic Laboratories
  • Academic and Research Institutes
  • Others
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Western Blotting Market Drivers and Opportunities

Rising Prevalence of HIV Infection Demanding for Western Blotting System Favors the Market

The increasing prevalence of HIV and Lyme disease is contributing to the demand for Western blotting. Western blotting is being used increasingly to effectively differentiate between HIV and other antibodies. For instance, according to the data published by Global HIV & AIDS Statistics, 2021, approximately, 1.5 million people became newly infected with HIV in 2021. A higher prevalence of such diseases requires more diagnostic tests and in turn drives the overall market growth.

Technological Advancements and Demand of Western Blotting from Pharmaceutical and Biotechnology Companies– An Opportunity in Western Blotting Market

Western blotting is a widely known and used test that is used in cell and molecular biology and has gained attraction in the market due to its low cost, specificity, and ease of use. Western blotting manufacturers have marked their presence in the market as there is consistent demand from pharmaceutical and biotechnology companies. Additionally, the research and development activities in the field of proteomics are acting as an additional catalyst for the growth of industrial players in this market.

Protein research dynamics, increased investments in proteomics by biotech and pharmaceutical companies as there is a huge demand for western blotting techniques. Hence, these factors are anticipated to offer lucrative opportunities for the western blotting market growth.

Western Blotting Market Report Segmentation Analysis

Key segments that contributed to the derivation of the Western Blotting Market analysis are product, application, and end users.

  • Based on product, the Western Blotting market is segmented into instruments and consumables. The consumables held a larger market share in 2023. The major share can be attributed to the increasing adoption of reagents and consumables for various western blotting procedures.
  • By application, the market is segmented into biomedical & biochemical research, agriculture, and others. The biomedical and biochemical research segment held the largest share of the market in 2023. The major share can be attributed to increasing research funding for proteomics and protein-based research.
  • By end user, the market is segmented into biotechnological and pharmaceutical companies, diagnostic laboratories, academic and research institutes, and others. The academic and research institutes segment held the major market share in the year 2023. However,  biotechnological and pharmaceutical companies recorded the highest CAGR during the forecast period.

Western Blotting Market Share Analysis by Geography

The geographic scope of the Western Blotting Market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America.

North America has dominated the Western Blotting Market. The market growth can be attributed to the rising adoption of Western Blotting for various applications, the rising prevalence of HIV cases, the presence of major manufacturers involved in manufacturing western blotting systems, and the investment by pharma and biotech companies for medical devices in North American countries.

Western Blotting  Market Report Scope

Report Attribute Details
Market size in 2023 US$ 782.42 Million
Market Size by 2031 US$ 1,173.73 Million
Global CAGR (2023 - 2031) 5.2%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Product
  • Instruments
  • Consumables
By Application
  • Biomedical & Biochemical Research
  • Agriculture
  • Others
By End User
  • Biotechnological and Pharmaceutical Companies
  • Diagnostic Laboratories
  • Academic and Research Institutes
  • Others
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key 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.
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

    Western Blotting Market News and Recent Developments

    The Western Blotting Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for western blotting:

    • Azure Biosystems Inc. launched the chemiSOLO, a high-performance, personal chemiluminescent imaging system that is compact in size and economical in cost. The chemicals can be controlled by a smartphone, tablet, or laptop through a novel web-based interface, which eliminates the need for investment in a dedicated computer. To support other steps in the Western blotting workflow, chemiSOLO also offers LED lights for visible imaging of samples such as Coomassie-stained gels, colorimetric Western blots, and pre-dyed color protein markers. (Source: Azure Biosystems, Press Release/Company Website/Newsletter, January 2023)
    • PerkinElmer, Inc. acquired BioLegend, a leading provider of life science antibodies and reagents, including primary antibodies and western blot secondary reagents. This acquisition enhances the company's existing western blotting product portfolio. (Source: PerkinElmer, Press Release/Company Website/Newsletter, September 2021)
    • Bio-Techne Corporation declared that ProteinSimple, a Bio-Techne brand, released its Stellar NIR / IR Detection Modules for Jess.  Stellar fluorescence modules enable the detection of low-abundance proteins while multiplexing multiple analytes within the same detection lane, setting a new industry standard for western blotting fluorescence detection sensitivity.  Multi-color immunoassays can also be run alongside total protein staining using Stellar detection modules. (Source: Biotechne, Press Release/Company Website/Newsletter, Jan 2022)

    Western Blotting Market Report Coverage and Deliverables

    The “Western Blotting Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

    • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Market dynamics such as drivers, restraints, and key opportunities
    • Key future trends
    • Detailed PEST/Porter’s Five Forces and SWOT analysis
    • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
    • Detailed company profiles
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    Product ; Application ; End User , and Geography

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina

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