Press release
Protein Expression Market Size, Top Countries Data, Industry Share, Company Overview, Industrial Statistics, Regional Economy, Development and Forecast to 2028
Protein Expression Market Size – USD 2.20 Billion in 2020, Industry Growth – at a CAGR of 13.5%, Industry Trends – Rising demand for protein therapeutics for treatment of chronic diseasesReports and Data has recently published a research report on global Protein Expression market forecast to 2028 providing an overview of the industry. The report offers precise information about market revenue growth, market size, market drivers, restraints, growth opportunities, and challenges along with details about segmentation and top companies. The global Protein Expression market is formulated thorough primary and secondary research and is verified by experts and professionals in the industry. The data is well-represented through charts, graphs, tables, figures and other pictorial presentations. The report also offers details about current pandemic outbreak, increasing prevalence of various diseases, research and development activities, investments, collaborations that can impact global market growth to a certain extend going ahead.
Protein expression and purification are crucial in biotechnology and biochemistry research. Protein expression majorly refers to methods of protein synthesis, modification, and regulation in living organisms. The term also covers the object of study or laboratory techniques that are used to manufacture proteins. Protein production or expression is achieved by manipulation of gene expression in an organism in a way that enables expression of large amounts of recombinant genes. Protein expression systems or production systems are widely used in life sciences, biotechnology, and medicine. Increasing adoption of microfluidics to enhance protein expression experiments while simultaneously reducing costs, time, and labor and improving accuracy and performance is also expected to contribute to revenue growth of the market over the forecast period.
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Protein expression systems also find significant use in industrial and therapeutic applications, primarily in the production of biopharmaceuticals, such as human insulin and to produce enzymes on a larger scale. Increasing prevalence of chronic diseases has boosted demand for advanced biologics such as protein therapeutics, vaccines, and monoclonal antibodies for the efficient management of these conditions and this is expected to further drive revenue growth of the market over the forecast period. However, lack of skilled professionals, high costs associated with reagents and instruments, and stringent government regulations regarding production of biologics are expected to restrain market growth to a certain extent over the forecast period.
The global Protein Expression market is expected to register significant growth throughout the forecast period. The pharmaceutical & healthcare sector has register significant revenue growth over the recent past. Technological advancements in the healthcare and medical sector, availability of latest tools and techniques, increasing investments in the healthcare sector and improving healthcare infrastructure are key factors boosting market growth. In addition, rising funds by several public and private sectors, high adoption of POC diagnosis and home care settings, is further fueling market growth.
The current pandemic has been very challenging for all industries including the healthcare and pharma sector. Shortage of medicines, vaccines and others healthcare facilities is expected to open lucrative growth opportunities for market players in going ahead.
Competitive Landscape:
The report offers detailed information about recent activities by market players, their market position, financial status, global standing, services and product portfolio along with license agreement. These key players are adopting various strategies such as partnerships, collaborations, merger and acquisitions, and joint ventures to gain robust footing in the market. These players are also investing in research and development activities to come up with enhanced materials and products.
Leading companies operating in the global Protein Expression market
Agilent Technologies, Inc., Thermo Fisher Scientific Inc., Bio-Rad Laboratories, Inc., Merck KGaA, Promega Corporation, New England Biolabs, Qiagen, Takara Bio, Inc., Genscript Biotech Corporation, Oxford Expression Technologies Ltd., and Synthetic Genomics Inc., among others.
Some Key Highlights From the Report:
• Prokaryotic expression systems segment accounted for largest revenue share in 2020 and is expected to register significant revenue growth over the forecast period. Growth can be attributed to increasing application scope of prokaryotic expression systems, high production capacity and minimal production costs.
• Reagents segment is expected to register considerable revenue growth over the forecast period owing to increasing use and demand for reagents and materials for research studies and manufacturing of biopharmaceuticals such as insulin, vaccines, and therapeutic antibodies, among others.
• Pharmaceutical and biotechnology companies segment accounted for largest market share in the global market in terms of revenue in 2020 and is expected to register considerable revenue share in the global market over the forecast period. Growth can be attributed to increasing investment in biopharmaceutical R&D, growing demand for protein therapeutics, and rising funding for drug designing and development.
• Therapeutic segment is expected to register a rapid CAGR over the forecast period owing to increasing application of protein expression to develop biologics, rising use of protein therapeutics to treat chronic diseases, and increasing global demand for biologics.
• North America is expected to account for largest share in the global market over the forecast period owing to presence of advanced healthcare infrastructure, rising burden of chronic diseases such as cancer, diabetes, and arthritis, among others, and robust presence of key market players in the region.
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For the purpose of this report, Reports and Data has segmented the global protein expression market based on expression system, product, application, end-use industry, and region:
Expression System Outlook (Revenue, USD Billion; 2018-2028)
• Prokaryotic Expression Systems
o Escherichia coli Systems
o Others
• Mammalian Expression Systems
• Yeast Cell Expression Systems
o Kluyveromyces Lactis Systems
o Saccharomyces Systems
o Pichia Systems
o Other Systems
• Insect Cell Expression Systems
o Baculovirus Expression Systems
o Other Systems
• Cell-free Expression Systems
• Others
Application Outlook (Revenue, USD Billion; 2018-2028)
• Therapeutic
• Research
• Industrial
Product Outlook (Revenue, USD Billion; 2018-2028)
• Reagents
• Competent Cells
• Instruments
• Services
End-use Industry Outlook (Revenue, USD Billion; 2018-2028)
• Academic & Research Institutes
• Pharmaceutical & Biotechnology Companies
• CROs
• Others
Regional Outlook (Revenue, USD Billion; 2018-2028)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
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Key findings in the report:
• Information about key trends, technological developments, growing focus on drug discovery and investments in research and development activities
• Detailed insights about manufactures, product portfolios, pricing analysis and financial pricing
• Technological developments and detailed analysis in the volatile competitive landscape.
• New strategies adopted by new and emerging market players
• Estimation about manufactures, sales and import and export dynamics
Thank you for reading the research report on global Protein Expression market. Kindly contact us to know more about the customization feature and our team will offer the best suited report as per your requirement.
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