Protein Engineering Market Is Expected To Propel the Growth with Leading Players | Sigma-Aldrich Corp, Bio-Rad Laboratories, Perkin Elmer | Geographical Exploration and Forecast Till 2023
Global market for protein engineering is expected to grow at a CAGR of approximately 6.2% during the forecast period 2017–2023.
KEY PLAYERS FOR PROTEIN ENGINEERING MARKET
Agilent Technologies (U.S.), AB-Sciex (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Bruker Corp. (U.S.), GE Healthcare (U.K.), Perkin Elmer (U.S.), Sigma-Aldrich Corp. (U.S.), Thermo Fisher Scientific (U.S.), and Waters Corp. (U.S).
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MARKET SCENARIO FOR PROTEIN ENGINEERING MARKET
Proteins, the building blocks of the body, are large biomolecules made up of amino acids. They perform various functions such as DNA replication, catalyzing metabolic reactions, transporting molecules from one location to another, and responding to stimuli. Furthermore, proteins also have a wide range of applications in the diagnosis of disease and treatment development. Protein engineering involves designing and constructing new proteins by modifying amino acid sequences to produce enzymes and desired properties and the synthesis of proteins with a particular structure. This technology helps us to understand the basics of how enzymes function and have evolved, and it is the key method of improving enzyme properties for applications in pharmaceuticals, green chemistry, and biofuels.
The major objective of protein engineering is to produce biological compounds which include a synthetic peptide, storage protein, and synthetic drugs which will be superior to a normal one and create an enzyme which is superior in its properties to produce high-value chemicals in large quantities.
SEGMENTATION FOR PROTEIN ENGINEERING MARKET
The global protein engineering market is segmented to the basis of type, method, application, and end-users.
On the basis of type, the market is segmented into instrument, reagents, and services and software.
On the basis of method, the market is segmented into rational protein design and directed evolution.
On the basis of application, the market is segmented into food and detergent industries, environment applications, medical applications, biopolymer production, and nanobiotechnology.
On the basis of end-user, the market is segmented into academic research institutes, pharmaceuticals and biotechnology companies, and contract engineering organizations.
REGIONAL ANALYSIS FOR PROTEIN ENGINEERING MARKET
Globally, protein engineering market consists of four regions, namely, Americas, Europe, Asia Pacific, and the Middle East and Africa. North America is the largest market owing to the concentration of major market players and increase in a number of biotechnology and pharmaceutical companies. The U.S. is the largest market in North America followed by Canada. In the U.S., extensive protein engineering technologies and methods and availability of technologically-advanced devices and instruments for research also drive the growth of the market.
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MAJOR TOC FOR PROTEIN ENGINEERING MARKET
CHAPTER 1. REPORT PROLOGUE
CHAPTER 2. MARKET INTRODUCTION
2.2 Scope of the Study
2.2.1 Research Objective
CHAPTER 3. RESEARCH TYPE OLOGY
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
CHAPTER 4. MARKET DYNAMICS
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
CHAPTER 5. MARKET FACTOR ANALYSIS
5.1 Porter’s Five Forces Analysis
5.1.1 Bargaining Power of Suppliers
5.1.2 Bargaining Power of Buyers
5.1.3 Threat of New Entrants
5.1.4 Threat of Substitutes
5.1.5 Intensity of Rivalry
5.2 Value Chain Analysis
5.3 Investment Feasibility Analysis
5.4 Pricing Analysis
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