Zion Market Research, the market research group announced the analysis report titled “Chromogenic Substrate Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Global Chromogenic Substrate Market: Overview

The custom assay is designed cell or biochemical based assays which are provided by the assay kits manufacturers to their customers when requested, in order to fulfill their needs and purposes. Custom assay helps in providing easy solutions to the industrial and academic laboratories for quantitative and qualitative determination of different biological analytes such as proteins, antibodies, enzymes, antigens, biomarkers, etc. The services provided by custom assay are significantly beneficial to the biotechnology industries for HLA tissue typing, genotyping, etc. Customized assays that are based on the cell are used in government institutes, cancer research institutes, forensics, etc. Custom assays are also utilized in the food industries and pharmaceutical sectors for quality testing.

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Global Chromogenic Substrate Market: Segmentation

The global chromogenic substrate market is segmented into product, application, and end-user. Based on the product, the market is segregated into factor Xa substrate, kallicrein substrate, factor IXa substrate, tPA and broad spectrum substrate, tetramethylbenzidine, thrombin substrate, activated protein C substrate, plasmin plasminogen–SK substrate, urokinase substrate, chloronaphthol or/and diaminobenzidine. The application segment of the market is categorized into in-vitro research, bacterial diagnostics, blood coagulation and fibrinolysis, western blotting, and food microbiology. Depending on the end user, the market is divided into diagnostics centers, food microbiology laboratories, biotechnology companies, hospitals, clinical laboratories, pharmaceutical companies, and academic & research institutions.

Global Chromogenic Substrate Market: Growth Factors

The government and non-governmental organizations are heavily investing in the research purposes thus the number of the research laboratories has increased which is gradually driving the market for the chromogenic substrate. The other influential factor that anticipates driving the growth of the chromogenic substrate market is the rise in the figure of the patients suffering from different type of infections caused by the micro-organisms which are detected with the help of chromogenic substrates. The factor that negatively affects the market is the reduced selectivity of the chromogenic substrates which prevents many experts to use chromogenic substrate for different applications and experiments.

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Global Chromogenic Substrate Market: Regional Analysis

The geographical segmentation of the global chromogenic substrate market is diversified into North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific, and the Middle East and Africa. In the regions such as North America and Europe, the chromogenic substrate market is growing at a fast pace. This growth is due to the high amount of investments that are made in the research and development activities. Latin America and Asia-Pacific region are expected to have a good market growth in the coming years owing to the increase in the rate of population growth in these regions. The development that is made in the Middle East and Africa region in the healthcare sector and the increase in the population are factors that are contributing to the market growth.

Global Chromogenic Substrate Market: Competitive Players

The key market players that are involved in the chromogenic substrate market include Seramun, Thermo Fischer, Sigma-Aldrich, Surmodics, Aniara Biophen, and others.

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Global Chromogenic Substrate Market: Regional Segment Analysis

North America(U.S.); Europe(UK, France, Germany); Asia-Pacific(China, Japan, India); Latin America(Brazil); The Middle East and Africa

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