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.