The report of Neuroscience Antibodies & Assays Market byProduct (Consumables (Reagents (Media & Sera, Stains & Dyes, Fixatives, Buffers, Solvents, Probes, Enzymes, Proteins, & Peptides, Other Reagents), Antibodies (Primary antibodies, Secondary Antibodies), Assay Kits), Instruments (Microplate Readers, Immunoassay Analyzers, Other Instruments)), Technology (Immunochemistry/Immunoassays (ELISA, Western Blotting, Others Immunoassays Technologies), Molecular Diagnostics, Clinical Chemistry, Other Technologies), Application (Research, In Vitro Diagnostics, Drug Discovery and Development), End User (Pharmaceutical & Biotechnology Companies, Academic & Research Institutes, Hospitals & Diagnostic Centers), and Region (North America, Asia Pacific, Europe, South America, and Middle East & Africa) is expected to reach US$ XXBn by 2027, at a CAGR of 10.3% during the forecast period.
Neuroscience contains the study of the nervous system, where the research is dependent on assays & antibodies. These antibodies & assays are specific that helps to detect and examine reactions on the cellular, biochemical, and molecular level. Antibody-based methods are used for the localization, isolation,and characterization of target proteins that majorly used in the cellular and molecular neuroscience.
An increasing incidence of neurological illnesses, growing biotechnology and pharmaceutical industries, and increasing investments in neuroscience research are the main factors expected to propel the growth of the neuroscience antibodies & assays market. Also, demand for high-quality antibodies because of the discovery of new potential drug targets, is also expected to push the market. Also, increasing R&D activities are expected to offer innovative growth opportunities for the players functioning in the neuroscience antibodies & assays market, in the future.
Alternatively, strict regulatory authorities and reported cases of the adverse immune response against antibodies might impact the global market.
By product, the consumables segment is expected to hold the highest CAGR during the forecast period (2020-2027). The consistent usage of consumables and their frequent purchases, and rising government initiatives in the genomics and proteomics research sector are the key factors supporting the growth of the consumables segment of the neuroscience antibodies & assays market.
According to end-user, the pharmaceutical and biotechnology companies segment is expected to register the largest market share of the neuroscience antibodies & assays market in 2019. This is mainly attributed to the high uptake of neuroscience antibodies in the drug discovery and development process and government initiatives in the genomics and proteomics research sectors.
North America is expected to register for the largest market share of the global neuroscience antibodies & assays market followed by Europe. Though, Asia-Pacific is expected to register the highest CAGR during the forecast period, thanks to factors such as growing research on proteomics and genomics, encouraging funding scenario, and rising incidence of neurological diseases in the Asian region.
The key players of the Global Neuroscience Antibodies & Assays Marketare Thermo Fisher Scientific, Abcam, Bio-Rad, Merck KGaA, BioLegend, Cell Signaling Technology, F. Hoffmann-La Roche, GenScript, Rockland Immunochemicals, Santa Cruz Biotechnology, Siemens, Tecan, and Others.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Market. The report encompasses the market by different segments and regions, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist in the Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Neuroscience Antibodies & Assays Marketpositioning of competitors.
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