Covid-19 Impact on G-Protein Coupled Receptors (GPCRs) Market to See Strong Expansion Through 2026

Stratview Research has recently published a report on G-Protein Coupled Receptors (GPCRs) Market segmented by Product (Cell Lines, Detection Kits, Cell Culture Reagents, Ligands), By Assay Type (cAMP Functional Assays, Calcium Functional Assays, β-Arrestin Functional Assays, Radioligand Binding and GTPγS Functional Assays, Internalization Assays, Trafficking Assays, Other Assays), By Application (Cancer Research, Central Nervous System (CNS) Research, Metabolic Research, Cardiovascular Research, Respiratory Research, Other), and Region. The objective of the market experts at Stratview Research is to conduct a thorough analysis of the ‘G-Protein Coupled Receptors (GPCRs) Market’ and put a detailed knowledge about the industry and business attractiveness, revenue, market size, segmentation, growth and restraining factors so that the user gets in depth information about the industry and the business from a past, current and a future perspective and can potentially invest capital for further growth.

Additionally, the report covers a variety of established and emerging start-ups and organisations operating in the industry. As a result, the report provides a comparative analysis by presenting the user with various aspects of the markets discussed in the report.

Covid-19 Analysis –

Nationwide lockdowns have impacted, and halted productions, supply of raw materials sourcing disruption has affected the balance in the supply of finished products. This report aims to cover all the aspects of how the pandemic has affected the business in the G-Protein Coupled Receptors (GPCRs) Market and how has the subsequent lockdowns inflamed the industry scenario and what are the areas that needs urgent action and re-planning.

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Segment-wise analysis

The report encompasses in-depth segmentations like regional segmentation, segmentation by product types, application-wise segmentation, geographical segmentation and thereby gives the user an overview of the effectiveness of the segmentation by various classes.

Application Trends

Based on application, the market has been divided into cancer research, central nervous system (CNS) research, metabolic research, cardiovascular research, and respiratory research, and others. The cancer research segment accounted for the substantial market share in 2020 owing to its widespread use in the detection of tumour angiogenesis through GPCR assays.

Regional Trends

The market in North America accounted for the largest share in 2020 owing to rising incidences of cancer, approved GPCR based drugs, and increased spending on new drug discovery and development, particularly in the U.S.

The market in the Asia-Pacific region is projected to register a healthy growth rate on account of increasing consumer awareness and high spending on R&D activities for drug development by the government in countries such as India and China.

Market Insights

The Global G-Protein Coupled Receptors (GPCRs) Market is estimated to grow from USD 2.9 billion in 2020 to USD 4.2 billion by 2026 at a healthy CAGR of 6.7% during the forecast period.

Key Players in the G-Protein Coupled Receptors (GPCRs) Market

Thermo Fisher Scientific (The U.S), Eurofins Scientific (Luxembourg), Abcam plc (UK), Enzo Biochem Inc. (The U.S), Merck KGaA (Germany), QIAGEN (Germany), Becton-Dickinson and Company (The U.S), Promega Corporation (The U.S), WuXi AppTec (The U.S). and PerkinElmer Inc. (UK).

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