|11-14-2018 02:09 PM CET - Health & Medicine||
Protein Engineering Market Professional Survey to 2025 by Top Leading Players Like GSK, GE, Eli Lilly and Company, Merck, Genentech, Agilent Technologies, Amgen, Novo Nordisk, Johnson & Johnson, Abbott, Biogen, Roche, Bio-Rad Laboratories and Danaher Corp
Press release from: Data Bridge Market Research
PR Agency: Data Bridge Market Research
The Protein Engineering Market is expected to reach 2893.1 Million by 2025, from 932.7 Million in 2017 growing at a CAGR of 15.2% during the forecast period of 2018 to 2025, increasing the pulling the Medical Devices industry with it. It helps in imagining the arrangement of the protein engineering market complete analysis regarding type and applications, featuring the key business resources and key players.
The Global Protein engineering is described as the process for development of new, useful proteins and valuable proteins. Protein engineering can be classified into rational protein design, and irrational protein design. Proteins possess a dynamic ability of less immunogenicity and high specificity. Using this ability, proteins can be engineered in such a way that can be also used as therapeutic agents. Owing to the technological, unnatural proteins (amino acids) can also be used for the purpose of protein engineering. This technique can be applied not only in the field of therapeutics, but also in food, detergent and industrial products and many more.
The objective of protein engineering is to produce biological compounds which is included in a synthetic peptide, storage protein, and synthetic drugs which is superior to a normal one and convert an enzyme which is superior in its properties to produce high-level chemicals in large quantities.
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The Key Players Operating In the Global Protein Engineering Market Are –
· Eli Lilly and Company
· Agilent Technologies
· Novo Nordisk
· Johnson & Johnson
· Bio-Rad Laboratories
· Danaher Corporation
· PerkinElmer, Inc.
· MSD Sharp & Dohme GmbH
· Waters Corporation
· Genzyme Genetics
· Intrexon Corporation
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Market Segmentation by Protein Type:
· Monoclonal Antibodies
· Growth Hormones
Market Segmentation by Technology:
· Rational Protein Design
· Irrational Protein Design
· Market Segmentation by Product:
Market Segmentation by End User:
· Pharmaceutical Industries
· Contract Research Organizations (CROs)
· Academic Research Institutes
· Increasing Prevalence of Protein Deficient Diseases
· Increased Demand for Alternatives to Chemical Processes
· Rising Government Funding for Protein Engineering
· Lack of Experts to Strategize the Process
· High Costs
· Increase in Adoption of Protein Drugs over Non-Protein Drugs
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others
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In March 2017 launched a research-grade triple quadrupole LC/MS system was launched by Agilent Technologies. The main reason behind this product launch was for expanding research capabilities, to delivering greater precision and sensitivity in various applications.
In the year 2017 November, launched a next generation CRISPR-Cas9 protein called Invitrogen TrueCut Cas9 Protein v2 which is designed mainly to deliver the utmost editing efficiency in broad range of cells including the standard, immune primary stemcells.
Market Segmentation: Global Protein Engineering Market:
The Global Protein engineering market is segmented based on Protein Type (Insulin, Monoclonal Antibodies, Erythropoietin, Interferon, Vaccines, and Growth Hormones).
Based on Technology the market is segmented into (Rational Protein Design, Irrational Protein Design)
Based on End User market is segmented into (Pharmaceutical Industries, Contract Research Organizations (CROs), Academic Research Institutes)
Based on Product market is segmented into (Instruments, Reagents, Services and software)
Based on geography, the market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others
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Reasons to Purchase this Report
· Current and future of Global Protein engineering market outlook in the developed and emerging markets
· The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
· Regions/countries that are expected to witness the fastest growth rates during the forecast period
· The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report
· All segmentation provided above in this report is represented at country level.
· All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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