According to a new report published by Allied Market Research, titled, “Immunoprecipitation Market: Opportunity Analysis and Industry Forecast, 2020โ2027,” The global immunoprecipitation market is expected to grow in the upcoming years. Increase in the research and development activities in the life science sector is boosting the growth of immunoprecipitation market. Immunoprecipitation is the procedure used for separation of specified protein from the solution. It uses antibody which can bind with the protein.
The Immunoprecipitation process is in rise due to increase in autoimmune disease cases which needs the antibody-antigen interaction for testing. Increased applications of immunoprecipitation processes in disorders such as cancer, cardiovascular diseases are boosting the growth of immunoprecipitation market.
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COVID-19 Impact Analysis:
Pharmaceutical and biotech companies together with governments around the globe are working to address the COVID-19 outbreak, from supporting the development of vaccines to planning for medicines supply chain challenges. Currently, around 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs such as Hydroxychloroquine have witnessed dramatic surge in demand for the management of COVID-19. Such high demand for these drugs has presented huge opportunity for manufacturers of COVID-19 management drugs, as many developed countries are short of these drugs. Owing to the demand for vaccine and treatment drugs for COVID-19, the pharmaceutical and biotechnology industry is expected to witness a significant growth in the future. Considering these factors, COVID-19 is expected to have significant impact on Immunoprecipitation Market.
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Advancements made in the immunoprecipitation techniques such as chromatin immunoprecipitation and chIP-seq have boosted immunoprecipitation market growth. Rise in funding from the government and non- government organizations for research and development purpose in next generation DNA sequencing and genomics is rising the growth of Immunoprecipitation market. Restrain factors such as limitations in sample size, differences seen in content of lipid can hamper the growth of immunoprecipitation market.
The key players profiled in this report include Thermo Fisher Scientific, Merck KGaA, GenScript Biotech Corporation, Bio-Rad Laboratories, Takara Bio Inc., Abbkine Scientific Co., Ltd, Cell Signaling Technology, Inc., Abcam plc.
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- This study presents the analytical depiction of the Global Immunoprecipitation Market along with the current trends and future estimations to determine the investments.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Immunoprecipitation Market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the Immunoprecipitation Market growth scenario.
- Porterโs five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed Immunoprecipitation Market analysis based on competitive intensity and how the competition will take shape in coming years.
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