Factors such as increasing public and private funding for life science research, the significantly high prevalence of target diseases across the globe, and increasing R&D spending by pharmaceutical and biotechnology companies are expected to drive the growth of market.
What the Market Looks Like?
[124 Pages Report] The transfer membrane market is projected to reach USD 187.9 million by 2023 from USD 174.8 million in 2018, at a CAGR of 1.5% during the forecast period. The the availability of alternative technologies and the need of skilled professionals are expected to restrain the growth of the market in the forecast period.
On the basis of type, the market is divided into nylon membranes, nitrocellulose membranes, and PVDF membranes. In 2018, PVDF Membranes are expected to command for the major share of the market. This can be attributed to the advantages of PVDF membranes over its counterparts, such as better protein retention, strength, chemical compatibility, and wide applications in western blotting.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=36975865
What Drives the Market?
The growth of the Nylon Membranes Market is primarily influenced by the following factors:
- Public and Private Funding for Life Science Research
- High Prevalence of Target Diseases Across the Globe
- Increasing R&D Spending By Pharmaceutical and Biotechnology Companies
Based on end user, the market is segmented into academic and research institutes, pharmaceutical and biotechnology companies, diagnostic laboratories, and other end users. Among these, the academic and research institutes segment is expected to account for the largest share of the transfer membrane market in 2018, owing it to the rising financial support from private as well as government bodies for life science research in various nations.
Read more about Transfer Membrane Market@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=36975865
