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01/21/04
-- Protein arrays provide scientists with the
ability to study protein expression and interactions
in biomarker research towards the goal of developing
novel therapeutics and diagnostics approaches.
Researchers are currently becoming more familiar
with protein array technologies and procedures,
resulting in increased market growth. As the market
evolves, researchers will desire an increased
level of automation and integration.
New
analysis from Frost & Sullivan (http://www.biotech.frost.com),
World Protein Array Markets, reveals that this
market generated revenues worth $87 million in
2002 and is likely to reach $575 million in 2009.
This study presents a strategic analysis of the
total protein array market, as well as specific
forecasts for consumables and instruments. The
forecast assumptions for this study are based
on responses from an analysis of end users of
protein array technology.
If you are interested in an analysis overview
which provides manufacturers, end-users and other
industry participants an overview, summary, challenges
and latest coverage of the World Protein Array
Markets -- then send an email to Danielle White
- Healthcare Media Relations Executive at dwhite@frost.com
with the following information: Full name, Company
Name, Title, Contact Tel Number, Contact Fax Number,
Email. Upon receipt of the above information,
an overview will be emailed to you.
There are many challenges that need to be overcome
in order for researchers to fully benefit from
the use of protein arrays. Researchers view specificity,
reproducibility and reliability as areas that
require future technological advancement for them
to more effectively attain their research goals.
Despite these challenges, researchers continue
to make significant research advances using protein
array techniques.
"Arrays allow researchers to conduct experiments
that they previously didn't think were possible.
Through the use of arrays, researchers are able
to study a greater number of systems at a greater
speed and with more precision," says Frost
& Sullivan Industry Analyst Sinead Igoe.
Protein arrays are expected to be a critical component
of future disease research and in the development
of molecular portraits of both diseased and healthy
cells.
"Interaction studies are expected to become
a more highly used application for protein arrays,"
notes Igoe.
Clinical proteomics is predicted to have an increased
presence in the diagnostics market and will also
enable researchers to more effectively discover
biomarkers.
The World Protein Array Market analysis is part
of the Proteomics Subscription, which also includes
market insights on World Functional Proteomics
Markets, Life Science Mass Spectrometry Markets,
World Proteome Informatics Markets, and World
Proteomics Sample Preparation Markets. Interviews
are available to the press.
Frost & Sullivan, an international growth
consultancy, has been supporting clients' expansion
for more than four decades. Our market expertise
covers a broad spectrum of industries, while our
portfolio of advisory competencies includes custom
strategic consulting, market intelligence and
management training. Our mission is to forge partnerships
with our clients' management teams to deliver
market insights and to create value and drive
growth through innovative approaches. Frost &
Sullivan's network of consultants, industry experts,
corporate trainers and support staff spans the
globe with offices in every major country around
the world.
Source: Frost & Sullivan
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