Chromogenic Substrate Market Size, Share, Trends, Growth 2030

The global chromogenic substrate market size was worth around USD 8.69 billion in 2022 and is predicted to grow to around USD 13.00 billion by 2030 with a compound annual growth rate (CAGR) of roughly 5.16% between 2023 and 2030.

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Global Chromogenic Substrate Market: Overview

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Global Chromogenic Substrate Market: Growth Factors

The government and non-governmental organizations are heavily investing in the research purposes thus the number of the research laboratories has increased which is gradually driving the market for the chromogenic substrate. The other influential factor that anticipates driving the growth of the chromogenic substrate market is the rise in the figure of the patients suffering from different type of infections caused by the micro-organisms which are detected with the help of chromogenic substrates. The factor that negatively affects the market is the reduced selectivity of the chromogenic substrates which prevents many experts to use chromogenic substrate for different applications and experiments.

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Global Chromogenic Substrate Market: Segmentation

The global chromogenic substrate market is segmented into product, application, and end-user. Based on the product, the market is segregated into factor Xa substrate, kallicrein substrate, factor IXa substrate, tPA and broad spectrum substrate, tetramethylbenzidine, thrombin substrate, activated protein C substrate, plasmin plasminogen–SK substrate, urokinase substrate, chloronaphthol or/and diaminobenzidine. The application segment of the market is categorized into in-vitro research, bacterial diagnostics, blood coagulation and fibrinolysis, western blotting, and food microbiology. Depending on the end user, the market is divided into diagnostics centers, food microbiology laboratories, biotechnology companies, hospitals, clinical laboratories, pharmaceutical companies, and academic & research institutions.

Chromogenic Substrate Market : Report Scope

Global Chromogenic Substrate Market: Regional Analysis

The geographical segmentation of the global chromogenic substrate market is diversified into North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific, and the Middle East and Africa. In the regions such as North America and Europe, the chromogenic substrate market is growing at a fast pace. This growth is due to the high amount of investments that are made in the research and development activities.

Latin America and Asia-Pacific region are expected to have a good market growth in the coming years owing to the increase in the rate of population growth in these regions. The development that is made in the Middle East and Africa region in the healthcare sector and the increase in the population are factors that are contributing to the market growth.

Global Chromogenic Substrate Market: Competitive Players

The global chromogenic substrate market is led by players like:

• Seramun
• Thermo Fischer
• Sigma-Aldrich
• Surmodics
• Aniara Biophen

The global chromogenic substrate market is segmented as follows:

By Product

• Factor Xa Substrate
• Kallicrein Substrate
• Factor IXa Substrate
• tPA and Broad Spectrum Substrate
• Tetramethylbenzidine
• Thrombin Substrate
• Activated Protein C Substrate
• Plasmin Plasminogen–SK Substrate
• Urokinase Substrate
• Chloronaphthol
• Diaminobenzidine

By Application

• In-Vitro Research
• Bacterial Diagnostics
• Blood Coagulation and Fibrinolysis
• Western Blotting
• Food Microbiology

By End User

• Diagnostics Centers
• Food Microbiology Laboratories
• Biotechnology Companies
• Hospitals
• Clinical Laboratories
• Pharmaceutical Companies
• Academic & Research Institutions

Global Chromogenic Substrate Market: Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.