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Southern Blotting Market – Global Industry Insights 2024

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Molecular biology has gained significant momentum over the last decade with increasing R&D spending on development of therapeutic drugs. It has wide role across various healthcare industry verticals- most prominent in clinical trials and diagnostic
Artificial Pancreas Market Industry
Southern Blotting Market – Global Industry Insights,
Trends and Opportunity Analysis 2016-2024
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Report Description
Southern Blotting Market Introduction
Molecular biology has gained significant momentum over the last decade with increasing R&D spending
on development of therapeutic drugs. It has wide role across various healthcare industry verticals- most
prominent in clinical trials and diagnostic purposes. Among such technology, southern blotting has gained
significant traction offering substantial market opportunities for the players across value chain. The
technique was first introduced in 1970’s to detect presence of DNA fragment in samples. The technique
not only helps in molecular R&D but also to detect some of the most chronic diseases – cancers and
genetic diseases – prevalent across world.
Drug discovery advancement along with demand for effective therapeutic treatment for genetic
diseases is expected to bolster the southern blotting market worldwide
Over the last few years, many rare diseases surfaced globally. Moreover, rare genetic diseases are on
rise owing to changing lifestyle and environmental concerns. As per the estimates, there are over seven
thousand rare genetic diseases prevalent globally with over 11% of U.S. population living with these
diseases. Over 80% of these diseases are genetic in nature. As a result, pharmaceutical companies are
spending heavily on R&D to develop effective drugs. Increased R&D spending coupled with increasing
diagnostic cases is expected to create substantial opportunity for players engaged in southern blotting
industry.
Forensic science is also expected to increase the overall sales of market to some extent.
Though the market is expected to create substantial opportunity over the forecast period, players might
find difficulty in capitalizing emerging regions wherein lower government funding along with high product
pricing is a major cause of concerns for the players.
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Market Taxonomy:
Coherent Market Insights has segmented the southern blotting market by
•
Product
•
Application
•
End-user
On the basis of product, instruments are expected to be the attractive segment driving huge revenue for
market players.
By application, scientific research holds key market share of overall industry. However, is expected to lose
considerable market to medical diagnosis.
North America to dominate the southern blotting market owing to increased government funding
and availability of technologies in the region
The southern blotting market report covers market analysis across regions – North America, Europe, Asia
Pacific, Latin America, Middle East and Africa.
Global southern blotting market is witnessing a positive trend with North America and Europe as the main
engine of growth. North America and Europe are expected to capture a major chunk of the market before
easing out to Asia Pacific market by 2021.
North America currently represents the largest regional market for southern blotting industry followed by
Europe. Rise in genetic disorders, HIV prevalence, and on-going clinical research across various
therapeutic application are some major factors driving the growth in the region. North America is expected
to be primarily driven by U.S. – accounting for over 87% of the regional market in 2015.
Penetration rate of southern blotting instruments and consumables in Asia Pacific is low compared to
developed regions. However, is expected to witness huge growth over the time frame. China and India
are two major power engines of Asia Pacific.
View the full research report @ https://www.coherentmarketinsights.com/ongoinginsight/southern-blotting-market-2
Companies such as BioRad Laboratories and ThermoFisher Scientific spends heavily on
molecular diagnostic R&D
Some of the key players in the skin replacement market include BioRad Laboratories, Agilent
Technologies, ThermoFisher Scientific, Perkin Elmer Inc., Aplegan, Applied Bio systems, Cleaver
Scinetific Ltd, Pall Life Science Laboratories.
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