Fluorescent protein labeling refers to the covalent binding or physical adsorption of fluorescent substances onto a certain group of the molecule to be studied, and the qualitative, localization, and quantitative analysis of the labeled object using fluorescence properties.
Category:
Green fluorescent proteins: such as mGFP5 and EGFP, have high fluorescence intensity and are suitable for observing live cells.
Red fluorescent protein: such as the deep red fluorescent protein cultivated by Moscow researchers, which has strong penetrability and is suitable for observing the depths of living organisms.
Other colors of fluorescent proteins: including blue, yellow, orange, etc. Fluorescent proteins of different spectral types vary in brightness, photostability, and molecular size, and can be selected according to experimental needs.
Overview of Market Development
Fluorescent protein labeling technology has the advantages of non-radioactivity, easy operation, and high sensitivity, and has broad application prospects in biological research, such as observing cell activity and labeling expressed proteins. In recent years, the global fluorescent protein labeling market has shown a steady growth trend. According to our research data, the estimated global fluorescent protein labeling market size in 2024 is $462 million, an increase of 9.32% compared to 2023.
In the future, with the continuous advancement of technology, the sensitivity and specificity of fluorescent protein labeling will be improved, and its applications in fields such as medicine and biology are expected to be further expanded, and the market will also be further expanded. It is expected that by 2029, the global fluorescent protein labeling market size will increase to $659 million. The CAGR for 2024-2029 is estimated to be 7.36%.
Analysis of Downstream Application Pattern
From the perspective of downstream users, fluorescent protein labeling is mainly used in biopharmaceutical companies, universities and research institutions, as well as hospitals and commercial laboratories. Among them, biopharmaceutical companies hold the highest market share, estimated at 43.65% in 2024.
Global Fluorescent Protein Labeling Market Analysis
Source: www.globalmarketmonitor.com
Analysis of Market Competition Pattern
From the perspective of market competition, the concentration of the global fluorescent protein labeling market is relatively high. Data shows that the total revenue of the fluorescent protein labeling market for the top 3 companies in 2023 was $194 million, with a total revenue share of 46.13%. The top 3 companies were Thermo Fisher (Life Technologies), BD Biosciences, and Merck Millipore. In 2023, these three companies accounted for 27.50%, 12.85%, and 5.78% of the global market revenue in the fluorescent protein labeling market, respectively.
Global Fluorescent Protein Labeling Market Revenue and Revenue Share of Top3 Companies in 2023
Companies
|
Market Revenue (Million USD)
|
Revenue Share
|
Thermo Fisher (Life Technologies)
|
116
|
27.50%
|
BD Biosciences
|
54
|
12.85%
|
Merck Millipore
|
24
|
5.78%
|
Top3 Companies
|
194
|
46.13%
|
Source: www.globalmarketmonitor.com