Market Research Logo

Global Protein Assays Category - Procurement Market Intelligence Report

Global Protein Assays Category - Procurement Market Intelligence Report

Global Protein Assays Category - Procurement Market Intelligence Report

Procurement research report on the protein assays market provides procurement professionals with up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services. This report provides a detailed analysis of the supply market, procurement challenges, and procurement best practices which can help in planning and executing category management activities. It also focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Covered in this report

According to procurement analysts at SpendEdge, there is a steady growth in R&D spend of pharmaceutical and biotech companies. Pharmaceutical and biotech companies are increasing their R&D spend on building new laboratories and procuring new lab equipment. This has increased the consumption of protein assays, which are integral to biotech research. For instance, over the past five years, R&D expenses of top pharmaceutical companies grew over 2%. This happened despite the decline in revenues of the companies over the same period. This can be attributed to the continuous pressure on pharmaceutical companies to develop new drugs, as patents on existing drugs continue to expire.

Category driver

One of the procurement best practices for buyers is to analyze suppliers' sourcing strategy. Buyers should analyze the source of suppliers' raw materials such as bottles and ampules and chemicals for reagents. Suppliers of raw materials should follow all the international and regional regulations, as noncompliance may lead to disruption in the supply of these products. Some of the aspects that buyers should look for as far as suppliers' sourcing strategies are concerned are as follows:

Adoption of quality management systems by suppliers to ensure that high-quality raw materials are procured

Use of low-cost country sourcing strategy for procuring raw materials

Availability of mechanisms with suppliers to conduct regular audits at their vendors' facilities regarding EHS compliance and plant utilization rate

Solutions can be categorized into:

Dye-binding Assays

Copper-ion-based Assays


PART 1: CATEGORY AT A GLANCE
TAKEAWAY 01 | Market Overview
TAKEAWAY 02 | Demand and Supply Snapshot
TAKEAWAY 03 | Key Market Dynamics
TAKEAWAY 04 | Supply Market Highlights
TAKEAWAY 05 | Pricing Insights
TAKEAWAY 06 | Procurement Insights
PART 2: SCOPE OF THE REPORT
Category Definition
Research Methodology
PART 3: MARKET INSIGHTS
Category Spend Analysis
Category Maturity by Regions
Demand-Supply Shifts
Regional Demand-Supply Snapshot
Global Protein Assays Production Hubs
Market Developments
Regional Impact of Trends
Key Category Growth Drivers and Corresponding Regional Impacts
Major Category Growth Constraints and Corresponding Regional Impacts
Key Current Technological Innovations
Major Regulatory Frameworks
Strategic Sustainability Practices
Porter’s Five Forces
PESTLE Analysis
PART 4: SUPPLY MARKET INSIGHTS
Supplier Operational Capability Matrix
Other Prominent Suppliers by Region: Operational Capability Matrix
Supplier Functional Capability Matrix
Other Prominent Suppliers by Region: Functional Capability Matrix
Key Clients/Partners
Supplier Cost Breakup
Supplier Positioning Matrix
PART 5: PRICING INSIGHTS
Pricing Models Snapshot
Pricing Models – Pros and Cons
Indicative Pricing
PART 6: PROCUREMENT INSIGHTS
Major Category Requirements
Major Procurement Pain Points
Category Sourcing Evolution Matrix
Procurement Best Practices
Cost-saving Opportunities
Supplier Selection Criteria
Category Negotiation Strategies
SLA Terms
Supplier Evaluation Criteria
Category Risk Analysis
PART 7: TOP FIVE SUPPLIERS
Thermo Fisher Scientific
PerkinElmer
Bio-Rad Laboratories
Merck KGaA
General Electric
PART 8: APPENDIX
Glossary
Key Notes
About Us

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report