Northern Blotting Market Growth and Segments,2016-2026 FMI | Page 5

Report Description Report Description Medical Diagnosis Agricultural research Drug Discovery and Development Segmentation by End User Clinical Research Organizations Pharmaceutical & Biotechnology Industries Research Labs Academic Institutions Geographically the northern blotting market is seg mented into five key regions: North America, Latin America, Europe, Asia Pacific and MEA region. Northern Blotting market is expected to show a healthy growth rate over the forecast period. Based on the R&D spending, the major market of northern blotting lies in North America and Europe owing to high allocation of funds in R&D. Demand for northern blotting in these regions is expected to grow as most of the large research labs and research organizations are based in these regions. Latin America shows signs of positive growth especially in Brazil and Mexico owing to increase in healthcare expenditure. Asia pacific region is expected to show a high growth in this market due to the increase in R&D funding in countries like China, India and South Korea coupled with increasing number of CROs in countries like China and India. Japan is one of the leading countries in APAC to spend maximum in the R&D facilities and expected to witness healthy growth in