From GlobeNewswire: 2024-09-19 11:05:00

The global Protein Chip Market is expected to grow from $2.23 billion in 2024 to $3.55 billion by 2031, with a CAGR of 6.9%. Protein chips are increasingly adopted for personalized medicine and disease diagnostics, offering insights for targeted therapies. Technological advancements and high-throughput analysis capabilities are driving market growth.

Multiplexing technology on protein chips allows testing of multiple samples, expanding applications beyond proteomics. Collaboration between biochip manufacturers and research institutes is increasing customization for specific research needs. The analytical microarrays segment is projected to dominate the market, with high-throughput protein interaction analysis capabilities driving growth. The functional protein microarrays segment is expected to witness the highest CAGR from 2024-2031. Additionally, the antibody characterization application segment holds the largest revenue share in 2024 due to increasing research activities.

The fluorescence detection technique led the market in 2024, providing high sensitivity for protein expression analysis. North America is forecasted to dominate the market through 2031, with key players and advanced biotechnology infrastructure. Companies like Agilent Technologies, PerkinElmer, and Bio-Rad Laboratories are focusing on strategic collaborations and new product launches for competitive advantage and market growth. Recent developments include Herbalife launching Protein Chips and Agilent introducing the ProteoAnalyzer system for streamlined protein analysis.



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