Protein Assays Market
Protein assays are useful for detailed mechanistic studies of a target protein, bioanalytical measurements, and high-throughput screening. Assays have diverse applications such as analysis of enzyme activities, nucleic acid-protein interactions, protein-protein interactions, and small molecule binding to proteins. Depending on the accuracy required and the amount and purity of the protein available, different methods are appropriate for determining protein concentration. The different methods for determination of protein concentration namely Kjeldahl Method, biuret method, bicinchoninic acid (BCA) assay, Folin-Ciocalteu (Lowry) Assay, Dye-Binding (Bradford) Assay. Among all the methods of protein concentration determination Bicinchoninic acid Assay BCA assay is one of the most sensitive method.
Market Dynamics
Initiatives such as study of genomics and proteomics in biotechnology and pharmaceutical industries is expected to fuel growth of the protein assay market. For instance, according to the data published in July 2017 issue of Neurology Genetics, an official journal of the American Academy of Neurology, researchers at New York Genome Center had reported strong potential of International Business Machines Corporation (IBM) Watson for genomics that analyzes complex genomic data to help clinicians with precision medicine. Diagnostic and prognostic assays aid in early diagnosis of diseases such as chronic disease thus, helping in offering right treatment for chronic disease. This is expected to drive growth of the protein assay market. Furthermore, continuous collaboration among protein assays manufacturers for various applications such as quantification, detection in clinical and translational research is also expected to lead to rapid growth of market over the forecast period. For instance, in August 2017, Abcam and Thrombotic Thrombocytopenic Purpura (TTP) Labtech entered into a collaboration to develop reagent kits for quantification of secreted proteins in multiplexed screening assays, which enable to deliver data driven faster.
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