Growth Drivers
Increasing Investments In Research And Development
Research and development in the area of molecular biology is the very first step to develop any new product in this market. This allows a company to stay ahead of its competitors. Companies involved in the semiconductors, pharmaceuticals and technology industry generally invest a large amount in the research and development of their products. As the investment in research and development is increasing rapidly, the market for northern blotting is predicted to grow in the upcoming years.
Increasing Usage Of Northern Blotting In Pharmaceutical As Well As Healthcare Industry
Northern blotting was the first mRNA detection method which was used for gene expression testing pattern in the case of human cancer. The number of cancer patients is rising rapidly and so are the investments being made in various cancer related research programs. This will increase the usage of northern blotting in the industries which, in turn, is anticipated to become a major growth factor for the northern blotting market.
Challenges
Less Capacity Of Northern Blots As Compared With Microarrays
The main benefit that microarrays have over northern blotting system is that microarrays can visualize thousands of genes at a particular point of time whereas northern blotting usually look for one or a small number of genes during a specific period. On the back of this, the market for northern blotting is estimated to be restricted over the forecast period.
Northern Blotting Chemicals Are Considered To Be Risky For The Researchers
Chemicals such as formaldehyde, radioactive material, ethidium bromide, DEPC, and UV light are used in most of the northern blots which are harmful under certain exposures and are predicted to be risky for the researchers. This is another factor predicted to restrain the market growth in future.
Base Year |
2023 |
Forecast Year |
2024–2036 |
Regional Scope |
|
Author Credits: Radhika Pawar
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?