Northern Blotting Market Growth and Segments,2016-2026 FMI | Page 3

Report Description Report Description Completion of the human genome project in 2003 has created a significant importance for the identification of gene and its expression. These processes are used to understand the functions of different genes in the body and to identify the diseases and disorders associated with them. Northern Blotting is a key technique in molecular biology to identify the gene and related disorder. It works on DNA-RNA hybridization technique and is similar to Southern Blotting technique. Northern Blotting has widespread use in molecular and biological research to calculate the RNA size and related protein that RNA encodes. It is also used to identify the specific site of RNA where gene expression occurs along with identification of the gene expression patterns. Gene identification and expression has become an important aspect in drug discovery and development and has widespread applications in pharmacogenomics, diagnostics, toxicology etc. These widespread application has created a significant importance for Northern Blotting technique and it is expected to boost the market growth of Northern Blotting in near future. Northern Blotting market is expected to grow with a healthy CAGR over the forecast period owing to increasing investment in pharmaceutical and biotechnology industry related to R&D procedures. The major use of northern blotting technique is in cancer study. According to WHO, approximately 14 Million cases of cancer were reported in the year 2012. The prevalence and incidence of cancer is increasing across the globe and expected to increase the investment in cancer related research programs which in turn, can boost the growth of Northern Blotting market over the forecast period.