Western Blotting Market Revenue is Expected to Reach $958.4 Million by 2025: Grand View Research Inc.

San Francisco, October 10, 2018:  The global  western blotting market  is estimated to be worth $ 958.4 million by 2025, according to a report by Grand View Research, Inc. blotting market. This kind of testing is highly effective in detecting HIV among people. According to UNAIDS, nearly 36.7 million people were living with HIV throughout the world in 2015. Such high prevalence of HIV is expected to accelerate the demand for use in Western blotting. So Lyme diseases require western blotting to detect  Borrelia burgdorferi (Bb), which causes such diseases. Cow disease, hepatitis, and feline immunodeficiency.

Moreover, significant investments in R & D activities made by pharmaceutical and biotechnology companies are expected to foster growth of western blotting market. According to a news journal, biotech companies spent $ 40.1 billion in 2015 on R & D activities, which was a 16% rise from their 2014 investments. R & D activities, there is an expected rise in demand for western blotting tests in the near future.

Access Research Report of  Western Blotting Market @  www.grandviewresearch.com/industry-analysis/western-blotting-market

Further key findings from the study suggest:

  • In 2016, consumables segment takes the largest market share and is expected to grow rapidly
  • Spending on the largest revenue share in 2016 due to increasing the amount of money spent on public procurement
  • Epidemiology of HIV, Lyme, and other related diseases
  • Amongst the end-use segment, such as academic and research institutes dominated the market in 2016 owing to growing number of research activities
  • R & D spending by such companies. The pharmaceutical and biotechnology companies are expected to grow
  • Some of the key players are Bio-Rad Laboratories, Inc., Thermo Fisher Scientific, Inc., F. Hoffmann-La Roche Ltd., GE Healthcare, LI-COR Biosciences, Bio-Tech Corporation, PerkinElmer, Inc., and Merck KGaA.

Browse more reports of this category by Grand View Research at:  www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the western blotting market on the basis of product, application, end-use and region:

Western Blotting Product Outlook (Revenue, USD Million, 2014 – 2025)

  • Instruments                      
  • Consumables                   

Western Blotting Application Outlook (Revenue, USD Million, 2014 – 2025)

  • Biomedical & Biochemical Research
  • Disease Diagnostics
  • Agriculture
  • Others

Western Blotting End-Use Outlook (Revenue, USD Million, 2014 – 2025)

  • Academic & Research Institute
  • Pharmaceutical & Biotechnology Companies
  • Diagnostic Centers
  • Others

Western Blotting Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America
  • europe
  • Asia Pacific
  • Latin America
  • MEA

Access Press Release of Western Blotting Market @  www.grandviewresearch.com/press-release/global-western-blotting-market

About Grand View Research

Grand View Research, Inc. is a US based research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies to ensure that we are on the right track.

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