May 19, 2024
The demand for nucleic acid detection techniques across various end-use industries is expected to propel the southern blotting market

The Southern Blotting Market Is Expected To Be Flourished By Growing Adoption Of Molecular Diagnostics

Paragraph: Southern blotting is a molecular biology technique that allows detection and analysis of specific DNA and RNA fragments separated by gel electrophoresis. It is widely used for genetics research, medical research, diagnostic applications including detection of genetic disorders, and forensic science applications. Southern blotting provides a reliable means of detecting specific DNA sequences in samples containing a mixture of different DNA fragments. The technique involves fragmenting genomic DNA into smaller pieces using restriction enzymes, separating the fragments via gel electrophoresis, and transferring them to a membrane for further analysis. Probes complementary to the target DNA sequence are used for detection. The global southern blotting market is estimated to be valued at US$ 2.08 billion in 2024 and is expected to exhibit a CAGR of 6.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:

Growing adoption of molecular diagnostics: Molecular diagnostics is one of the key growth drivers for the southern blotting market. Southern blotting finds widespread application in prenatal diagnosis, cancer screening, forensic testing, and other areas of molecular diagnostics. Growing prevalence of genetic disorders as well as increasing demand for personalized medicine is fueling the adoption of molecular diagnostic techniques such as southern blotting.

Increasing focus on research in genomics and molecular biology: Southern blotting is an established technique routinely used for analysis of nucleic acids in research laboratories. Rising funding for genomics and molecular biology research across academic institutes as well as private sector is augmenting the demand for techniques like southern blotting and driving market growth over the forecast period.

Segment Analysis

The southern blotting market is dominated by the academic and research segment. Due to widespread application of southern blotting technique in DNA fingerprinting, molecular biology research and genetic disorder diagnostics, the academic and research segment holds over 40% share of the total market. It is the most lucrative segment owing to rising investments in life science research globally. The diagnostic segment is another fast growing segment driven by increasing incidence of genetic disorders and rising awareness regarding early detection of genetic mutations.

PEST Analysis

Political: Governments across major markets are increasing funding for biotechnology and life science research which is positively impacting the southern blotting market. Various initiatives to promote precision medicine and personalized healthcare are also boosting market growth.
Economic: Rising per capita healthcare spending, growing biotech industry and increasing R&D investments in drug discovery and development are the key macroeconomic factors fueling the demand for southern blotting products.
Social: Growing burden of chronic diseases, increasing awareness about early detection of genetic disorders and rising acceptability of precision medicine are the major social factors contributing to market expansion.
Technological: Advancements in blotting membranes, probes, and equipment are making southern blotting technique more efficient and high-throughput. Automation and development of advanced kits are further enhancing convenience and productivity.

Key Takeaways

The global Southern Blotting Market Growth is expected to witness high growth over the forecast period driven by rising research in genomics and proteomics.

Regional analysis:

North America dominates the global southern blotting market attributed to strong biotech research in the US. Growing genomics applications, rising R&D expenditure and presence of leading market players in the region will further aid North America market growth through 2030. Asia Pacific is anticipated to be the fastest growing regional market owing to increasing government focus on biotechnology sector in countries like India and China. Rising incidence of chronic diseases and growing expertise in molecular biology techniques will support Asia Pacific southern blotting market expansion.

Key players:

Key players operating in the southern blotting market are Ganeden, Sabinsa Corporation, UAS Laboratories, Sanzyme, Mitsubium Chemical Foods Corporation, Mystical Biotech Pvt. Ltd., Aumgene Biosciences, Unique Biotech Ltd., Nebraska Culture, and Syngem Biotech. Ganeden and Sabinsa Corporation collectively dominate over 30% of the global market share due to their extensive product portfolio and strong distribution network across major markets.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it