A Steep Increase in Proteomics Market due to Factors such as Rising Pharmaceutical and Biopharmaceutical Companies with Increasing Innovations in Genomics Field

Proteomics is the study of the proteins on a larger scale. Proteins are building blocks for the muscles and are required for vital functioning of the body cells. Proteomics aid in structure and functioning of the proteins for diagnosis, treatment, and drug discovery of various diseases. The process of proteomics requires different equipment, instruments, media, reagents and software for quantification, interaction and identification of the proteins.

Rise in the number of biopharmaceutical and pharmaceutical companies, growing healthcare expenditure, and increasing innovations in the genomics field expected to propel the proteomics market. However, stringent regulatory policies, lack of professionals for R&D activities, and a high cost of the devices and drugs might hinder the proteomics market growth.

• The global Proteomics market is segmented on the basis of product type, service type, application and end-users
• The global Proteomics market is expected to reach XX USD Mn by 2024 with a growing CAGR of XX% from 2018 to 2024
• The report covers in-detail insights about the competitor’s overview, key findings and their key strategies

The global Proteomics market is divided into following categories-
1. Product type
• Instruments
o Protein microarray
o Spectroscopy
o X-ray Crystallography
o Chromatography
o Electrophoresis
o Protein fractionation system
o Others
• Reagents
• Software
2. Service type
• Analytical laboratory services
• Protein sequencing
• Protein identification
• Protein separation
• Data analysis and maintenance
• Others
3. Application
• Diagnosis
• Treatment
• Drug discovery
• Others
4. End-users
Biopharmaceutical and Pharmaceutical Companies, Chemical industries and research institutes.

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And lastly, on the basis of geographical regions, the global proteomics market have five major regions- North America, Asia Pacific, Latin America, Europe, and the Middle East and Africa.

The major factors leading the market grow in North America proteomics market include the increase in funding from public and private sectors, developed healthcare infrastructure, increase in R&D activities, an increase in the demand for personalized medicine.

Europe holds a key share due to increasing the R&D activities for preventing the genetic disorders, technological advancements of instruments, and innovation of newer techniques are expected to propel the market.

Asia Pacific expected to exhibit lucrative growth owing to increase in the funding from public and private sectors, a rise in demand for quality healthcare and personalized medicine.

Some of the players in global proteomics market are Merck KGaA (Germany), Waters Corporation (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Agilent Technologies Inc. (U.S.), Bruker Corporation (U.S.), Bio-Rad Laboratories, Inc. (U.S.), GE Healthcare (U.S.), and Luminex Corporation (U.S.) to name a few. Some of the market innovation include Waters Corporation developed proteomics and lipidomics with Sonar (a novel mass spectrometry data acquisition) for the quantification and identification of proteins and lipids in 2016.

Proteomics market is growing at a significant rate owing to increase in the demand for personalized medicine and rise R&D activities by Biopharmaceutical companies and research institutes. Government’s initiatives for prevention the genetic disorders are a key factor for fuel the proteomics market. Acquisitions & mergers, collaborations, and innovations are some key strategies followed by the companies for increasing their revenue in the global proteomics market.

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Key Questions Answered
• What is the current and future proteomics market outlook worldwide? What trends are affecting the global market?
• What is the competitive landscape and market share of major players in the proteomics globally?
• What are the key, high growth markets that proteomics manufacturers should expand into? Which market segments are growing the fastest?
• What are the unmet needs with the proteomics currently on the market? How will emerging technologies fulfil these unmet needs?
• What is physician perception and market outlook of proteomics?
• What are the challenges and barriers that have hindered widespread adoption of proteomics?

Reasons to buy proteomics market Report:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
• Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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