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Immunoprecipitation Market Is Expected To Reach $750 Million By 2024

According to the new market research report "Immunoprecipitation Market by Product (Kit, Reagent (Antibodies, Magnetic Buffer)), Type (Individual IP, CoImmunoprecipitation, CHIP), End User (Academics, Research Institutes, Pharmaceutical and Biotechnology Companies) - Global Forecast to 2024", published by MarketsandMarkets™, the market for Immunoprecipitation is expected to grow from USD 560 million in 2018 to USD 750 million by 2024, at a CAGR of 5.0% during the forecast period.
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Individual IP is expected to account for the largest market share during the forecast period.
On the basis of type, the Immunoprecipitation Market is segmented into individual IP, co-IP, ChIP, and RIP. The increasing use of IP in studying protein-protein interaction, to detect the presence of an antigen, and to determine the relative quantity of an antigen are driving the use of individual IP in various research studies.
North ...
... America is expected to account for the largest market share during the forecast period.
Based on region, the Immunoprecipitation Market is broadly divided into North America, Europe, the Asia Pacific, and the RoW. In 2018, North America accounted for the largest share of the Immunoprecipitation Market. The large share of this region can be attributed to growing research in the fields of genomics and proteomics, a large number of academic and research institutes, and the strong presence of global players in this region.
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The prominent players in the global Immunoprecipitation Market are Thermo Fisher Scientific (US), Abcam (UK), and Merck KGaA (Germany)
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