Stratview Research has published a new report titled “G-Protein Coupled Receptors (GPCRs) Market” which is segmented by Product (Cell Lines, Detection Kits, Cell Culture Reagents, Ligands), By Assay Type (cAMP Functional Assays, Calcium Functional Assays, β-Arrestin Functional Assays, Radioligand Binding and GTPγS Functional Assays, Internalization Assays, Trafficking Assays, Other Assays), By Application (Cancer Research, Central Nervous System (CNS) Research, Metabolic Research, Cardiovascular Research, Respiratory Research, Other), and Region.
As per the study, the Global G-Protein Coupled Receptors (GPCRs) Market is estimated to grow from USD 2.9 billion in 2020 to USD 4.2 billion by 2026 at a healthy CAGR of 6.7% during the forecast period.
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis –
Based on application, the market has been divided into cancer research, central nervous system (CNS) research, metabolic research, cardiovascular research, and respiratory research, and others. The cancer research segment accounted for the substantial market share in 2020 owing to its widespread use in the detection of tumour angiogenesis through GPCR assays.
The market in North America accounted for the largest share in 2020 owing to rising incidences of cancer, approved GPCR based drugs, and increased spending on new drug discovery and development, particularly in the U.S.
The market in the Asia-Pacific region is projected to register a healthy growth rate on account of increasing consumer awareness and high spending on R&D activities for drug development by the government in countries such as India and China.
Who are the Key Players in the Market?
This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the G-Protein Coupled Receptors (GPCRs) Market:
- Thermo Fisher Scientific (The U.S),
- Eurofins Scientific (Luxembourg),
- Abcam plc (UK),
- Enzo Biochem Inc. (The U.S),
- Merck KGaA (Germany),
- QIAGEN (Germany),
- Becton-Dickinson and Company (The U.S),
- Promega Corporation (The U.S),
- WuXi AppTec (The U.S). and
- PerkinElmer Inc. (UK).
Key questions answered by the report
- What is the projected CAGR for revenue from the G-Protein Coupled Receptors (GPCRs) Market during the forecast period?
- What would be the market be valued at by 2026?
- What is a major driving factor for growth of the market?
- Which region accounted for largest revenue share in the G-Protein Coupled Receptors (GPCRs) Market?
- Which are the major market players?
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