The market for reporter systems is expected to grow at a noticeable rate over the forecast period from 2020 to 2027.
Reporter systems are technically the reporter genes used to track the physical location of a segment of DNA or to monitor gene expression. These are particularly incorporated into gene fusions, where they are used to follow the level of expression of the target gene. When these genes introduced into target cells such as brain tissues, cancer, and circulating white cells, they produce a protein receptor or enzyme that binds, transports, or traps a subsequently injected imaging probe.
Market Dynamics
The rapidly increasing research activities like biomolecular and biochemical research and clinical diagnosis are primarily driving the market growth. The reporter systems are attracting huge research and healthcare funds along with the technical advancements that are accelerating the market growth. The increasing research and clinical applications for cell-based assays and molecular biology are further bolstering the market value. The introduction of integrated innovative technologies such as data software into reporter systems to assist the data collection, processing, and sharing are propelling the market growth.
On the other hand, the high cost associated with cellular research, as well as substrate dependence, cellular lysis, low permeability, and auto-fluorescence background are the factors projected to hinder the growth to an extent over the forecast period from 2020 to 2027.
Report Coverage
Market |
Global Reporter Systems Market |
Analysis Period |
2016 – 2027 |
Base Year |
2019 |
Forecast Data |
2020 – 2027 |
Market Stratification |
Products, Applications, Usage, End-Users |
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Segment Instance
The reporter systems market is segmented on the basis of products, applications, usage, end-users, and geography. Based on the product, the market is divided into luciferase, fluorescent protein-related systems, chloramphenicol acetyltransferase, beta-galactosidase, and beta-glucuronidase. The reporter systems find applications across clinical diagnostics, promoter structure and function analysis, protein interaction, and in vitro studies. On the basis of usage, the market is divided into drug discovery, chemical biology programs, biochemical screening, and cell & organ-based screening. Additionally, the end-users of reporter systems market include research institutes, hospital diagnostic, and contract research organizations (CROs). By geography, the market is divided across North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Additionally, the above mentioned prominent regions are further segregated into prominent respective countries.
North America accounted for the maximum revenue share in the reporter systems market
In 2019, North America is leading the market with maximum revenue share (%) in the reporter systems market, and the region is also estimated to maintain its dominance over the forecast period from 2020 to 2027. The well-established infrastructure of the region along with the presence of major players in the region is bolstering the regional market value. The ongoing efforts made by the major players in the region along with the research and technologically advanced solutions offerings are propelling the regional market value. The major economies of the region including the US and Canada are the major contributors to the regional market value.
Furthermore, Asia Pacific is anticipated to experience the fastest growth with a major CAGR (%) over the forecast timeframe from 2020 to 2027. The increasing disposable income and simultaneously increasing funding for the research projected in the drug discovery, chemical biology programs, biochemical screening, and cell & organ-based screening are further accelerating the regional market value.
Key Market Players
The players profiled in the report include Abcam (UK), Bio-Rad (US), Danaher Corporation (US), InvivoGen (US), Lonza Group (Switzerland), PerkinElmer (US), PromegaMerck, Qiagen (Germany), and Thermo Fisher Scientific (US). The major players are offering advance technologies for gaining a competitive advantage over the estimated period.
Takara Bio Inc. offers a wide range of reporter systems for tracking and monitoring cells. The portfolio includes Fluorescent protein promoter reporters, Proteasome monitoring, Secreted alkaline phosphatase assays, Beta galactosidase and LacZ vectors, Secreted luciferase assay, ProLabel kits, Fucci cell-cycle vectors, Lenti-X Actin Dynamics Monitoring Kit, and Apoptosis detection. These are intended to support or ease the research.
Market Segmentation
Market By Products
Luciferase
Fluorescent Protein-Related systems
Chloramphenicol Acetyltransferase
Beta-Galactosidase
Beta-Glucuronidase
Market By Applications
Clinical Diagnostics
Promoter Structure And Function Analysis
Protein Interaction
In vitro Studies
Market By Usage
Drug Discovery
Chemical Biology Programs
Biochemical Screening
Cell & Organ Based Screening
Market By End-Users
Research Institutes
Hospital Diagnostic
Contract Research Organizations (CROs)
Market By Geography
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa