Market Highlights:

The Immunoprecipitation Market Share is expected to hold a market value of USD 562 million and register a CAGR 5.2 % during the forecast period.

Immunoprecipitation is a method used to purify and detect antigens. It isolates a specific antigen from a mixture by using a particular antibody that is immobilized to a solid base, such as magnetic particles or agarose resins.

The growing life sciences sector is also a major driver for the global immunoprecipitation market. The life sciences sector has become a prime target for investment from healthcare industry giants due to the growing financial prospects of the healthcare industry. Governments have also invested in a major way in the life sciences sector due to the growing demand for population health programs and the rising demand for effective cures for infectious and noninfectious diseases. The rising demand for personalized therapeutics is also likely to be a major driver for the global immunoprecipitation market over the forecast period.

Key Players

• Abcam plc
• GenScript
• Thermo Fisher Scientific
• Bio-Rad Laboratories, Inc.
• Merck KGaA
• BioLegend, Inc.
• Takara Bio Inc.
• Rockland Immunochemicals Inc.
• Cell Signaling Technology, Inc.
• Geno Technology Inc.

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Regional Analysis

Americas is anticipated to dominate the global immunoprecipitation market owing to the increasing research activities and the presence of major market players. Additionally, the well-developed healthcare sector is anticipated to boost the immunoprecipitation market in the region.

Europe is expected to hold the second largest position in the global immunoprecipitation market. The market growth in this region is attributed to the availability of funds for research.

Asia-Pacific is anticipated to be the fastest growing region in the market due to the growing investment from governments, growing biotechnology research in these regions, and raising awareness about personalized therapeutics.

On the other hand, the Middle East & Africa is expected to account for the least share of the market.

Segmentation

The global market for immunoprecipitation has been segmented into type, product, and end-users.

On the basis of type, the global immunoprecipitation market has been segmented into individual immunoprecipitation, co-immunoprecipitation, chromatin immunoprecipitation, and RNA immunoprecipitation.

On the basis of product, the global immunoprecipitation market has been segmented into kit, reagent, and others. The segment for reagent has been further divided into antibodies and beads. The segment for antibodies is further divided into primary and secondary. Beads are further segmented into magnetic beads, agarose beads, and buffers. The reagents category dominated the market in 2018 due to the regular use of different antibodies, beads, and buffers. Agarose beads are commonly used by researchers in protein purification methods. Nevertheless, with the advent of magnetic beads, there has been a sharp rise in demand for the same, thus increasing the market for immunoprecipitation. The category of kits is expected to show substantial growth over the forecast period due to the availability of a broad product portfolio. Most of them are Imprint Chromatin Immunoprecipitation Kit by Merck, Methylated DNA Immunoprecipitation Kit (MeDIP) Abcam DNA, and SureBeads Starter Kit by Bio-Rad Laboratories.

On the basis of end-users, the global immunoprecipitation market has been segmented into academic & research institutes, pharmaceutical & biotechnology companies, contract research organizations, and others. Academic and research institutes are the most substantial revenue-generating segment. This significant proportion can be attributed to extensive research in molecular biology and genomics. The considerable share of this segment is also expected to be the result of increased government funding for R&D activities. In addition, increased collaborations between academia and organizations are encouraging the growth of this segment.

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