Transfer Membrane Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (PVDF, Nitrocellulose, and Nylon), By Transfer Method (Tank Electro transfer, Semi-dry Electro transfer, dry electrotransfer, and other transfer methods), By Application (Western Blotting, Northern Blotting, Southern Blotting, Protein Sequencing, and Amino Acid Analysis and Other Applications), By End User (Academic and Research Institutes, Pharmaceutical and Biotechnological Companies, Diagnostic Laboratories and Other End Users) and Region  

Transfer Membrane Market size was valued at US$ 874.8 million in 2023 and is poised to grow at a CAGR of 4.5% from 2024-2030. The important factor that acts as drivers is public and private funding for life science research mainly focusing on biotechnological and pharmaceutical companies. Various variables that act as restraints are the availability of alternative technologies, durability and sensitivity, and lack of skilled professionals which cause hindrances to the global market growth. In the long run, the emerging market had opened up opportunities as an increasing number of target diseases all around the world hence contributing to significant growth in the global market. Market players have witnessed strategic collaboration and acquisition to expand their product portfolio and strengthen their position in the market to enhance the revenue of the company. 

Key Developments

• In May 2018, SYGNIS AG launched 2view. It is a unique method optimized for western blotting. It allows extended detection within the broad range of used western blot applications.
• In Sep 2020, Thermo Fisher Scientific TMO company recently invested $140 million to further expand its laboratory plastics consumables production to support significant global demand for COVID-19 testing, as well as the development and manufacturing of therapies and vaccines.