Latin America Western Blotting Market Forecast Analysis 2024-2032

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $1,500	107 Pages	Triton Market Research	September, 2024	TRTN19237697

Best Price Guarantee
Price	from $1,500
Length	107 Pages
Publisher	Triton Market Research
Published Date	September, 2024
SKU	TRTN19237697

Latin America Western Blotting Market Forecast Analysis 2024-2032

Triton’s research report estimates that the Latin America western blotting market is expected to garner revenue at a CAGR of 5.21% during the forecast years 2024-2032.

As per PAHO, the rise in new HIV infections in Latin America, with a 9% increase from 2010 to 2023 and approximately 120,000 new cases in 2023, has driven a heightened demand for accurate and reliable diagnostic tools. Western blotting techniques, widely used for confirming HIV diagnoses after initial screening tests, play a crucial role in the detection of HIV proteins and antibodies. As the need for precise diagnosis grows, healthcare providers increasingly rely on western blotting to ensure early and accurate detection. This growing use has spurred the expansion of the western blotting market in this region, as both public health initiatives and private healthcare systems invest in advanced diagnostic solutions.

The countries studied in this region include Brazil, Mexico, and Rest of Latin America.

Brazil captured the highest share in the western blotting market, obtaining about $10.27 million in 2023.

As per industry data, Brazil has an estimated 960,000 people diagnosed with HIV, necessitating advanced diagnostic techniques like western blotting for accurate detection and monitoring.
This has resulted in active efforts by the government to enhance healthcare infrastructure, along with increased funding for research and diagnostic testing, which have created favorable conditions for the expansion of the western blotting market.
Additionally, an increase in research and development activities within the biotechnology sector, focusing on areas such as proteomics and molecular biology, has fueled demand for western blotting techniques.

Western Blotting Market Forecast for Mexico

Western blotting is a crucial diagnostic tool used in confirming HIV infections, leading to its increased adoption in medical diagnostics and research facilities. The country’s expanding biotechnology and pharmaceutical sectors, coupled with increased investment in R&D, have boosted the need for advanced protein analysis techniques like western blotting. NIH states that, in Mexico, approximately 340,000 people are currently living with HIV, including more than 40,000 residing in Mexico City. This number highlights the importance of diagnostic tools such as western blotting in disease management and research, thereby widening the scope of western blotting techniques.

The western blotting market is segmented based on product type, application, and end-user. Based on application, it is further classified into agriculture, disease diagnostics, biomedical & biochemical research, and other applications. In agriculture, western blotting is commonly used to confirm ELISA test results, especially when the outcome can significantly impact the agricultural community. For instance, a positive ELISA test for bovine spongiform encephalopathy (mad cow disease) may be verified through Western blotting, as a false positive could have disastrous effects on a nation’s cattle trade.

Contender Analysis in the Western Blotting Market:

Founded in 2005, Advansta specializes in developing innovative protein characterization technologies designed for simplicity, superior performance, and faster life science research. The company strives to be a leading provider of protein characterization products. Its WesternBright line of substrates enhances protein analysis, with flagship products recognized as the most sensitive chemiluminescent substrates available on the market. It is headquartered in San Jose, California.

The company provides several types of products under Fluorescent Western blotting, Electrophoresis, Antibodies and Antibody Labeling, etc. Some of them include WesternBright ChemiPen, AdvanStain Total Fluorescent Protein Staining Kits, FLASHBlot transfer buffer, LightSaver Fluorescence Enhancing Solution, etc.

The key entities in the reviewed market are Merck KGaA, Thermo Fisher Scientific, Enzo Biochem Inc, Geno Technology Inc, Bio-Rad Technologies, and Stressmarq Biosciences Inc.

1. Latin America Western Blotting Market - Summary
2. Industry Outlook: 2.1. Impact Analysis On The Western Blotting Market; 2.1.1. Covid-19 Impact On The Western Blotting Market; 2.2. Porters Five Forces Analysis; 2.2.1. Threat Of New Entrants; 2.2.2. Threat Of Substitutes; 2.2.3. Bargaining Power Of Buyers; 2.2.4. Bargaining Power Of Suppliers; 2.2.5. Threat Of Competitive Rivalry; 2.3. Key Market Strategies; 2.3.1. Product Launches; 2.3.2. Acquisitions; 2.3.3. Business Expansions; 2.4. Market Drivers; 2.4.1. High Demand For Proteomics; 2.4.2. Rise In Applications For Western Blotting; 2.4.3. Growing Occurrence Of Hiv And Lyme Disease; 2.5. Market Challenges; 2.5.1. Advancements In Substitute Technologies; 2.5.2. Elevated Antibody Costs; 2.5.3. Requirement For Improved Procedural Efficiency To Achieve Precision; 2.6. Market Opportunities; 2.6.1. Rising Interest In Tailored Medicine; 2.6.2. Western Blot Instrument Automation; 2.6.3. Progress In Technological Advancements; 2.7. Analyst Perspective
3. Latin America Western Blotting Market – By Product: 3.1. Consumables; 3.1.1. Reagents And Buffers; 3.1.2. Kits; 3.1.3. Other Consumables; 3.2. Instruments; 3.2.1. Gel Electrophoresis Instruments; 3.2.2. Blotting Systems; 3.2.2.1. Dry Blotting Systems; 3.2.2.2. Semi-dry Blotting Systems; 3.2.2.3. Wet Blotting Systems; 3.2.3. Imagers; 3.2.3.1. Chemiluminescent Imagers; 3.2.3.2. Fluorescent Imagers; 3.2.3.3. Other Imagers
4. Latin America Western Blotting Market – By Application: 4.1. Biomedical & Biochemical Research; 4.2. Disease Diagnostics; 4.3. Agriculture; 4.4. Other Applications
5. Latin America Western Blotting Market – By End-user: 5.1. Research Institutes; 5.2. Pharmaceutical & Biotechnology Companies; 5.3. Diagnostic Centers; 5.4. Other End-users
6. Latin America Western Blotting Market – By Country Outlook: 6.1. Latin America; 6.1.1. Country Analysis; 6.1.1.1. Brazil; 6.1.1.1.1. Brazil Western Blotting Market Forecast & Prospects; 6.1.1.2. Mexico; 6.1.1.2.1. Mexico Western Blotting Market Forecast & Prospects; 6.1.1.3. Rest Of Latin America; 6.1.1.3.1. Rest Of Latin America Western Blotting Market Forecast & Prospects
7. Competitive Landscape: 7.1. Merck Kgaa; 7.1.1. Overview; 7.1.2. Portfolio; 7.1.3. Key Strengths; 7.1.4. Key Challenges; 7.2. Thermo Fisher Scientific; 7.2.1. Overview; 7.2.2. Portfolio; 7.2.3. Key Strengths; 7.2.4. Key Challenges; 7.3. Bio-rad Technologies; 7.3.1. Overview; 7.3.2. Portfolio; 7.3.3. Key Strengths; 7.3.4. Key Challenges; 7.4. Bio-techne Corporation; 7.4.1. Overview; 7.4.2. Portfolio; 7.4.3. Key Strengths; 7.4.4. Key Challenges; 7.5. Cell Signaling Technology Inc; 7.5.1. Overview; 7.5.2. Portfolio; 7.5.3. Key Strengths; 7.5.4. Key Challenges; 7.6. Li-cor Inc; 7.6.1. Overview; 7.6.2. Portfolio; 7.6.3. Key Strengths; 7.6.4. Key Challenges; 7.7. Advansta Inc; 7.7.1. Overview; 7.7.2. Portfolio; 7.7.3. Key Strengths; 7.7.4. Key Challenges; 7.8. Azure Biosystems Inc; 7.8.1. Overview; 7.8.2. Portfolio; 7.8.3. Key Strengths; 7.8.4. Key Challenges; 7.9. Perkinelemer Inc; 7.9.1. Overview; 7.9.2. Portfolio; 7.9.3. Key Strengths; 7.9.4. Key Challenges; 7.10. Lumigen Inc; 7.10.1. Overview; 7.10.2. Portfolio; 7.10.3. Key Strengths; 7.10.4. Key Challenges; 7.11. Rockland Immunochemicals Inc; 7.11.1. Overview; 7.11.2. Portfolio; 7.11.3. Key Strengths; 7.11.4. Key Challenges; 7.12. Enzo Biochem Inc; 7.12.1. Company Overview; 7.12.2. Portfolio; 7.12.3. Key Strengths; 7.12.4. Key Challenges; 7.13. Geno Technology Inc; 7.13.1. Company Overview; 7.13.2. Portfolio; 7.13.3. Key Strengths; 7.13.4. Key Challenges; 7.14. Stressmarq Biosciences Inc; 7.14.1. Company Overview; 7.14.2. Portfolio; 7.14.3. Key Strengths; 7.14.4. Key Challenges
8. Research Methodology & Scope: 8.1. Research Scope & Deliverables; 8.2. Sources Of Data; 8.3. Research Methodology
List Of Tables: Table 1: Latin America Western Blotting Market, By Country Outlook, 2024-2032 (In $ Million); Table 2: List Of Product Launches; Table 3: List Of Acquisitions; Table 4: List Of Business Expansions; Table 5: Latin America Western Blotting Market, By Product, 2024-2032 (In $ Million); Table 6: Latin America Western Blotting Market, By Consumables, 2024-2032 (In $ Million); Table 7: Latin America Western Blotting Market, By Instruments, 2024-2032 (In $ Million); Table 8: Latin America Western Blotting Market, By Blotting Systems, 2024-2032, (In $ Million); Table 9: Latin America Western Blotting Market, By Imagers, 2024-2032, (In $ Million); Table 10: Latin America Western Blotting Market, By Application, 2024-2032 (In $ Million); Table 11: Latin America Western Blotting Market, By End-user, 2024-2032 (In $ Million); Table 12: Latin America Western Blotting Market, By Country Outlook, 2024-2032 (In $ Million)
List Of Figures: Figure 1: Porter’s Five Forces Analysis; Figure 2: Latin America Western Blotting Market, By Product, 2023 & 2032 (In %); Figure 3: Latin America Western Blotting Market, By Consumables, 2024-2032 (In $ Million); Figure 4: Latin America Western Blotting Market, By Consumables, 2023 & 2032 (In %); Figure 5: Latin America Western Blotting Market, By Reagents And Buffers, 2024-2032 (In $ Million); Figure 6: Latin America Western Blotting Market, By Kits, 2023 & 2032 (In %); Figure 7: Latin America Western Blotting Market, By Other Consumables, 2024-2032 (In $ Million); Figure 8: Latin America Western Blotting Market, By Instruments, 2023 & 2032 (In %); Figure 9: Latin America Western Blotting Market, By Gel Electrophoresis Instruments, 2024-2032 (In $ Million); Figure 10: Latin America Western Blotting Market, By Blotting Systems, 2024-2032 (In $ Million); Figure 11: Latin America Western Blotting Market, By Blotting Systems, 2023 & 2032 (In %); Figure 12: Latin America Western Blotting Market, By Dry Blotting Systems, 2024-2032 (In $ Million); Figure 13: Latin America Western Blotting Market, By Semi-dry Blotting Systems, 2024-2032 (In $ Million); Figure 14: Latin America Western Blotting Market, By Wet Blotting Systems, 2024-2032 (In $ Million); Figure 15: Latin America Western Blotting Market, By Imagers, 2023 & 2032 (In %); Figure 16: Latin America Western Blotting Market, By Chemiluminescent Imagers, 2024-2032 (In $ Million); Figure 17: Latin America Western Blotting Market, By Fluorescent Imagers, 2024-2032 (In $ Million); Figure 18: Latin America Western Blotting Market, By Other Imagers, 2024-2032 (In $ Million); Figure 19: Latin America Western Blotting Market, By Application, 2023 & 2032 (In %); Figure 20: Latin America Western Blotting Market, By Biomedical & Biochemical Research, 2024-2032 (In $ Million); Figure 21: Latin America Western Blotting Market, By Disease Diagnostics, 2024-2032 (In $ Million); Figure 22: Latin America Western Blotting Market, By Agriculture, 2024-2032 (In $ Million); Figure 23: Latin America Western Blotting Market, By Other Applications, 2024-2032 (In $ Million); Figure 24: Latin America Western Blotting Market, By End-user, 2023 & 2032 (In %); Figure 25: Latin America Western Blotting Market, By Research Institutes, 2024-2032 (In $ Million); Figure 26: Latin America Western Blotting Market, By Pharmaceutical & Biotechnology Companies, 2024-2032 (In $ Million); Figure 27: Latin America Western Blotting Market, By Diagnostic Centers, 2024-2032 (In $ Million); Figure 28: Latin America Western Blotting Market, By Other End-users, 2024-2032 (In $ Million); Figure 29: Latin America Western Blotting Market, By Country Outlook, 2023 & 2032 (In %); Figure 30: Brazil Western Blotting Market 2024-2032 (In $ Million); Figure 31: Mexico Western Blotting Market 2024-2032 (In $ Million); Figure 32: Rest Of Latin America Western Blotting Market 2024-2032 (In $ Million)