Protein binding assays quantify interactions between two molecules such as protein binding another protein, or nucleic acid. These methods are extensively used in drug discovery and development programs and also aid in target molecules detection and offer crucial information about properties of biologics and therapeutics.
Increasing number of research institutes and organizations offering these services for molecular investigation, availability of various protein binding assay techniques, rising in drug discovery activities, and increasing focus on reducing cost of drug discovery and development are factors boosting global market revenue growth. In addition, technological developments in the pharmaceutical and biotechnology sector, increasing investments by market players to develop cost-effective products, and government funds are further fueling protein binding assays market growth.
Various factors including lack of information and skills related to the use of protein binding assays worldwide and growing concerns related to various complications associated with the technology available, which is to be used along with all these products, are expected to hinder market revenue growth to a certain extent during the forecast period.
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Some key findings in the report
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For the purpose of this report, Reports and Data has segmented the global protein binding assays market on the basis of technology, end use, and region:
Technology Outlook (Revenue, USD Million, 2018 – 2028)
End Use Outlook (Revenue, USD Million, 2018 – 2028)
Regional Outlook (Revenue, USD Million, 2018 – 2028)
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