The global protein binding assays market size is expected to reach USD 896.3 million by 2030 at a CAGR of 10.2% from 2024 to 2030. Protein binding assays are increasingly being adopted in preclinical stages of drug discovery & development programs. These assays help in detection of target molecules and provide critical information about the properties of therapeutics and biologics.
Increase in number of R&D outsourcing activities by pharmaceutical companies for development of therapeutics is anticipated to increase the adoption of protein binding assays. Presence of several companies that provide these services for molecule investigation and analysis is expected to positively impact the market growth over the forecast period.
These assays provide help understand ADME properties during selection and development of therapeutic candidates. Estimation of safety margins during drug development is an important step that can be carried out by quantification of binding of new chemical entities to a protein.
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Increase in number of R&D outsourcing activities by pharmaceutical companies for development of therapeutics is anticipated to increase the adoption of protein binding assays. Presence of several companies that provide these services for molecule investigation and analysis is expected to positively impact the market growth over the forecast period.
These assays provide help understand ADME properties during selection and development of therapeutic candidates. Estimation of safety margins during drug development is an important step that can be carried out by quantification of binding of new chemical entities to a protein.
Protein Binding Assays Market Report Highlights
- The services segment dominated with a market share of 44.7% in 2023. Technological advancements, strategic investments, and increasing consumer demand constitute market growth.
- The equilibrium dialysis dominated with a share of 49.7% in 2023. Scientists and researchers prefer this technique due to its low price and high accuracy.
- The pharmaceuticals and biotechnology segment dominated with a 46.4% market share in 2023. Factors such as a wide and strong distribution network and significant investments in drug discovery boost the segment growth.
- The North America protein binding assays dominated the global market with a share of 40.8% in 2023.
The leading players in the Protein Binding Assays market include:
- Thermo Fisher Scientific
- ADMEcell, Inc.
- Beckman Coulter, Inc.
- Sartorius AG
- Bio-Rad Laboratories, Inc.
- Abzena Ltd
- Abcam Limited
- GVK Biosciences Private Limited
- Promega Corporation
- Arryait Corporation
- Charles River Laboratories
- Sovicell
- Eurofins Scientific
- 3B Pharmaceuticals
- Creative Biolabs
- Evotec SE
- BioDuro-Sundia
- Merck KDaA
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- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
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- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Protein Binding Assay Market Variables, Trends, & Scope
Chapter 4. Protein Binding Assay Market: Product & Services Estimates & Trend Analysis
Chapter 5. Protein Binding Assay Market: Technology Estimates & Trend Analysis
Chapter 6. Protein Binding Assay Market: End Use Estimates & Trend Analysis
Chapter 7. Protein Binding Assay Market: Regional Estimates & Trend Analysis
Chapter 8. Competitive Landscape
Companies Mentioned
The leading players in the Protein Binding Assays market include:- Thermo Fisher Scientific
- ADMEcell, Inc.
- Beckman Coulter, Inc.
- Sartorius AG
- Bio-Rad Laboratories, Inc.
- Abzena Ltd
- Abcam Limited
- GVK Biosciences Private Limited
- Promega Corporation
- Arryait Corporation
- Charles River Laboratories
- Sovicell
- Eurofins Scientific
- 3B Pharmaceuticals
- Creative Biolabs
- Evotec SE
- BioDuro-Sundia
- Merck KDaA
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 100 |
| Published | September 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 455.6 Million |
| Forecasted Market Value ( USD | $ 896.3 Million |
| Compound Annual Growth Rate | 10.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 19 |
