The global molecular weight marker market is expected to witness market growth at a rate of 6.72% in the forecast period of 2021 to 2028 and is expected to reach USD 2,246.28 million by 2028. Data Bridge Market Research report on molecular weight marker market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the research and development activities globally is escalating the growth of molecular weight marker market.
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Molecular weight marker refers to protein standards or protein ladders that are generally utilized to estimate the molecular weight of proteins of interest and monitor the progress of electrophoretic separation or transfer. It also used as a positive control for analysis conditions. It could be referred to as a set of standards that are used to identify the approximate size of a molecule run on a gel during electrophoresis process.
The rise in the research and development spending by biotechnology companies, acts as one of the major factors driving the growth of molecular weight marker market. The increase in the adoption of personalized medicines coupled with emphasis on molecular biology research and high usage of the molecular weight markers in the personalized medicines for the study of an individual’s genome, genes, and diseases accelerate the molecular weight marker market growth.
North America and Europe dominate the molecular weight marker market due to the presence of many large research laboratories and biotechnology firms and highly developed healthcare and research infrastructure within the region. Asia-Pacific is expected to witness the highest growth rate during the forecast period of 2021 to 2028 because of the increase in less stringent government regulations, rising focus of CROs and biotechnology companies and availability of skilled professionals in the region.
The major players covered in the molecular weight marker market report are Carl Zeiss AG, VIAVI Solutions Inc., Raptor Photonics, Magritek Ltd, Thorlabs, Inc., Avantes BV, Agilent Technologies, Inc., Kaiser Optical Systems, Inc., Merck KGaA, Promega Corporation, Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd, PerkinElmer Inc., Keit Ltd, Ibsen Photonics A/S, B&W Tek, StellarNet, Inc., Si-Ware Systems, Galaxy Scientific Inc., Block Engineering, LLC, Siemens, Danaher, Bruker among other domestic and global players.
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