Global Immunoprecipitation Market: Overview
Immunoprecipitation is a process of separating protein from biological samples. Here, the protein is isolated using a specific antigen. The global immunoprecipitation market is expected to grow at a healthy rate during the forecast period. The growing trend of clinical researches is expected to augment the global immunoprecipitation market.
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Global Immunoprecipitation Market: Notable Developments
Some of the notable developments in immunoprecipitation area are: –
- Chromatin immunoprecipitation (ChIP) is an old method; however, in 2018 new technique was developed in chromatin immunoprecipitation that identifies DNA sequences associated in vivo proteins. The combination of DNA fragments and binding protein can be studied by sequencing and microarrays along with an antibody that can distinguish a protein.
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- In April 2019, GenScript Biotech Corporation has entered into a strategic collaboration with REMD Biotherapeutics Inc, to develop renewed immunotherapy drugs using bispecific antibodies.
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Apart from these key developments, the global immunoprecipitation market is competitive. Some of the leading players in the global immunoprecipitation market are Merck KGaA (Germany), Abcam (UK), Thermo Fisher Scientific (US), GenScript. (US), Cell Signaling Technology (US), Bio-Rad Laboratories (US), and Geno Technology (US). These leading players are adopting both inorganic and organic strategies to capture the competitive global market. They focus on collaborations, partnerships, mergers and acquisition.
Global Immunoprecipitation Market: Drivers & Restraints
Factors leading the global immunoprecipitation market towards expansion are as follows.
Disease Targeted Drugs to Augment Global Immunoprecipiation Market:
Rising number of cancer cases and need for precision medicines are likely to drive the global immunoprecipitation market. Increasing number of autoimmune diseases to create a demand for immunoprecipitation to probe into the disease mechanism and develop a disease oriented drug. Rising geriatric population and diseases associated with age are also expected to drive the market. Increasing cardiovascular diseases, orthopaedic diseases and need for precision medicines to treat them are also expected to expand the global immunoprecipitation market. Furthermore, rising importance of stem cell therapy to develop cell based treatment is another factor that is expected to drive the global immuunoprecipitation market.
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Trending Genomics to Boost Growth in Global Immunoprecipitation Market
Advances in genomics such as genomic alteration by transforming cells have led to development of new studies and methods. This, in turn increases the demand for immunoprecipitation. Thus, the global immunoprecipitation to see a healthy expansion in the upcoming years.
Availability of alternate technologies for protein isolation is expected to hinder the growth of the immunopercipitation market during the forecast period.
Despite the restraints, the global immunoprecipitation market is likely to grow due to increasing occurrence of various types of cancer and many other chronic diseases.
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Global Immunoprecipitation Market: Geographical Analysis
The global immunoprecipitation market is spread across five regions; they are North America, Latin America, Asia Pacific, Middle East & Africa, and Europe. Among these, Asia Pacific is projected to hold a major share in the global immunoprecipitation market. The factors that are expected to surge the market are rising awareness about precision medicines or disease targeted therapies, increase in research activities in biotechnology, rising governments support and investment in healthcare sector. Hence, the global immunoprecipitation market is expected to expand substantially during the forecast period.