Market by Product (Consumables, Instruments, Imagers) Application (Biomedical & Biochemical Research, Disease Diagnostics, Agriculture, Other Applications) End-user (Research Institutes, Pharmaceutical & Biotechnology Companies, Diagnostic Centers, Other End-users) and Country Outlook | Forecast 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 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, 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.
KEY DELIVERABLES OF THE REPORT:
Market CAGR during the forecasting years 2024-2032
Detailed data highlighting key insights, industry components, and market strategies
Comprehensive information and estimation of the western blotting market revenue growth in Latin America and its influence on the parent market
In-depth study of forthcoming trends in consumer behavioral patterns
A meticulous analysis of the competitive landscape and Porter’s Five Forces
A wide-ranging study of factors that will challenge the Latin America western blotting market growth during the upcoming years
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
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)
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)