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World Protein Chip Market Opportunities and Forecasts For 2017-2023

Protein Chip is a technique of tracking the activities of proteins. This technique is used for monitoring the expression of the protein and determining the function of large number of protein in a single experiment. Protein chip consists of a surface such as nitrocellulose membrane, microtitre plate, glass slide, and bead. This surface helps in tracking all the activities of proteins. These Protein chips are economical, automated, rapid, highly sensitive and capable of tracking minute quantities of reagents/ sample.

The application of protein chip includes antibody characterization, analysis of protein functions, proteomics, and diagnostics. Protein chips also overcome the major restraint of the conventional DNA microarray. DNA microarray was unable to monitoring the level of gene expression in proteomics. Protein chip is a replacement for most of the traditional techniques such as chromatography, DNA microarray, etc.

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The major factors that are driving the growth of the market are rising rate of incidences of cancer and increasing practice for advanced technology in diagnostic test. In addition, rising awareness about personalized medicines is also contributing to the growth of the market.

However, complex technicalities associated with the protein chips is the major factor that is hampering the growth of the Protein Chip market. Increasing advancement in the Protein Chip technology is resulting in improved economies of some of the regions such as Asian countries. This factor is expected to create a lot of opportunities for the enlargement and expansion of the market.

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