Proteomics Market Growth, Size, Opportunity, Share and Forecast 2018-2023

The global proteomics market is expected to grow at a CAGR of 14.4% during the forecast period of 2018-2023. Proteomics involves the study of all the functional proteins and their large scale production. Proteomes are the entire set of proteins, produced or modified by an organism. One of the major developments in proteomics is the identification of potential new drugs and treatment of diseases. Proteomic technologies are playing an important role in drug discovery, molecular diagnostics, and medicines.

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The proteomics market is expected to grow with the rise of technology and preference and awareness for personalized medicines. Proteomics is being used to find new methods to diagnose and treat major life-threatening diseases such as cancer and a genetic disorder. Further, the aging population and increasing personal healthcare expenditure and expenditure by the government are expected to augment the market. However, the high cost of personal medicine imposed a tax on proteomics instrument and R&D development in the developed economies is expected to hinder the market in the near future.

Global proteomics market segments include proteomics reagents, instrumentation, services, and applications. Proteomics instruments include Protein microarray, Spectroscopy (Mass and NMR), X-ray crystallography, Chromatography, Electrophoresis, and others. Proteomics reagents are similar to instruments. Proteomics services include protein identification, gel-based proteomics services, and liquid-based services and others. Protein microarray has the highest market share in the instrument market whereas immunoassays dominate the reagents market. The market has been segmented into North America, Europe, Asia Pacific and Rest of the World. North America leads the market with over 50% market share due to contribution from US-based market players and robust R&D exploration. Europe has the second highest market share. Asia Pacific is expected to grow at the highest CAGR during the forecast period. China and Japan are expected to lead the Asia Pacific market growth.

The key players of the global Proteomics market include ActivX Biosciences, Inc., Bayer AG, Beckman Coulter, Inc., Becton, Dickinson and Company, GeneSystems Inc., Danaher Corporation, ASTERAND PLC and so on. Other companies profiled in the report include Affymetrix, Inc., Amgen Inc, Applied Biosystems, Inc, Biacore International AB, Genzyme Corporation, Luminex Corporation, MRM Proteomics Inc., Sigma-Aldrich Corporation, Thermo Fisher Scientific Inc. and so on. M&A, product expansion, product launch, and partnership are the key strategies adopted in the global Proteomics market. Global Proteomics market players are constantly focusing on expansion, product launch, R&D, innovation and technological advancement. Rising competition makes global Proteomics market dynamic and fast growing. Additionally, the report also provides detailed & insightful chapters which include market overview, key findings, strategic recommendations, market determinants, key company analysis, company profiling, market segmentation, geographical analysis, analyst insights and predictive analysis of the market.

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Proteomics Market Regions

North America
• US
• Canada
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America

Company Profiles
• Activx Biosciences, Inc.
• Affymetrix, Inc.
• Agilent Technologies
• Amgen Inc
• Applied Biosystems, Inc.
• Asterand Plc
• Bayer Ag
• Beckman Coulter, Inc.
• Becton, Dickinson And Company
• Biacore International Ab
• Biocarta Inc.
• Bio-Rad Laboratories, Inc.
• Bruker Biospin Gmbh
• Danaher Corporation
• Genesystems Inc.

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