The Middle East & Africa Protein Assays Market size was calculated at USD 0.14 Billion in 2022. It is further estimated to be growing at a CAGR of 11.31% and worth USD 0.25 Billion by 2027.
Increased investments in pharmaceutical and biotechnology R&D, favorable government laws for proteomics research are a few of the key factors accelerating the growth rate of the MEA protein assays market. In 2022, PhRMA's member organizations (pharmaceutical companies) spent $38.5 billion on research and development, according to a report published by the Pharmaceutical Research and Manufacturers of America (PhRMA).
Various revolutionary biomarker identification technologies and growing new applications for protein assays give players in the MEA protein assay market various opportunities. Key market participants in the Middle East and Africa protein assay market can benefit from a variety of novel biomarker identification technologies and emerging new uses for protein assays. Minimizing run-times, reducing hands-on time, and employing minimal amounts of patient samples and reagents, the manufacturers implemented new rules to make low-cost proteins available on the market.
High costs associated with the multiplex assay equipment are slightly limiting the growth rate of the Middle East and Africa protein assays market. However, the biggest constraint is infrastructural cost regulation and poor budgeting from government programs.
This research report on the MEA protein assays market has been segmented and sub-segmented into the following categories.
By Product:
By Type:
By Technology:
By Application:
By End User:
By Country:
The Middle East and Africa are projected to record a moderate share in the global protein Assays market during the forecast period. The regional market growth is expected to be driven by the presence of the pharmaceutical and biotechnological industries, a strong trend of R&D in the life sciences industry, and an increase in private partnerships for drug development. In addition, with the increased use of dye-binding assays in illness detection, the Middle East is predicted to grow faster. However, absorbance-based protein tests held a significant market share because of the technology's higher sensitivity and accuracy.
The South African market is predicted to account for the largest share of the MEA protein assays market during the forecast period. Improving healthcare infrastructure, increasing research and development activities, and technological advancements in proteomics are propelling market growth. Regardless, administration organizations, organizations, external managers, and others are concentrating their efforts on developing client-driven products to help the district flourish.
On the other hand, emerging countries such as UAE and Saudi Arabia are estimated to showcase a promising share in the protein assays market during the forecast period. In addition, rising government support in university and institutional proteomics, increasing healthcare expenditure, and availability of advancing healthcare infrastructure are supporting the market growth.
KEY MARKET PLAYERS:
A few of the noteworthy companies operating in the Middle East & Africa Proteins Assays Market Profiled in the Report are Abcam PLC., Bio-Rad Laboratories Inc., Biovision Inc., Cell Signaling Technology Inc, GE Healthcare, PerkinElmer Inc., Thermo Fisher Scientific, Geno Technology Inc., Lonza Group, Merck KGaA, Novus Biologicals, LLC.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Product
5.1.1 Introduction
5.1.2 Reagents
5.1.3 Kits
5.1.4 Instruments and Services
5.1.5 Y-o-Y Growth Analysis, By Product
5.1.6 Market Attractiveness Analysis, By Product
5.1.7 Market Share Analysis, By Product
5.2 Type
5.2.1 Introduction
5.2.2 Dye-Binding Assays
5.2.3 Copper-Ion-Based Assays
5.2.4 Test Strip-Based Assays
5.2.5 Other Protein Assays
5.2.6 Y-o-Y Growth Analysis, By Type
5.2.7 Market Attractiveness Analysis, By Type
5.2.8 Market Share Analysis, By Type
5.3 Technology
5.3.1 Introduction
5.3.2 Absorbance-Based Protein Assays
5.3.3 Colorimetric Protein Assays
5.3.4 Fluorescence-Based Protein Assays
5.3.5 Y-o-Y Growth Analysis, By Technology
5.3.6 Market Attractiveness Analysis, By Technology
5.3.7 Market Share Analysis, By Technology
5.4 Application
5.4.1 Introduction
5.4.2 Drug Discovery & Development
5.4.3 Disease Diagnosis
5.4.4 Other Applications
5.4.5 Y-o-Y Growth Analysis, By Application
5.4.6 Market Attractiveness Analysis, By Application
5.4.7 Market Share Analysis, By Application
5.5 End User
5.5.1 Introduction
5.5.2 Academic and Research Institutes
5.5.4 Pharmaceutical & Biotechnology Companies
5.5.4 Hospitals
5.5.5 Clinical Laboratories
5.5.6 Other End Users
5.5.7 Y-o-Y Growth Analysis, By End User
5.5.8 Market Attractiveness Analysis, By End User
5.5.9 Market Share Analysis, By End User
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Product
6.1.3.3 By Type
6.1.3.4 By Technology
6.1.3.5 By Application
6.1.3.6 By End User
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Product
6.1.4.3 By Type
6.1.4.4 By Technology
6.1.4.5 By Application
6.1.4.6 By End User
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Product
6.1.5.3 By Type
6.1.5.4 By Technology
6.1.5.5 By Application
6.1.5.6 By End User
6.2 Middle-East
6.3 Africa
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Abcm PLC
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Bio-Rad Laboratories Inc
8.3 Biovision Inc
8.4 Cell Signaling Technology Inc
8.5 GE Healthcare
8.6 PerkinElmer Inc
8.7 Thermo Fisher Scientific
8.8 Geno Technology
8.9 Lonza Group
8.10 Merck KGaA
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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