Press release
Custom Recombinant Protein Production Services Market Size Is Anticipated To Reach US$ 8,403.0 Million at a CAGR of 11.4% By 2028
๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐๐จ๐ฆ๐๐ข๐ง๐๐ง๐ญ ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ญ๐ข๐ง๐ฎ๐๐ฌ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐๐ฌ ๐๐ซ๐๐ง๐ณ๐ฒ๐ฆ๐ ๐๐ฆ๐๐ ๐จ๐๐๐๐ซ๐ฌ ๐ซ๐๐๐จ๐ฆ๐๐ข๐ง๐๐ง๐ญ ๐๐๐๐-๐๐จ๐-๐ ๐๐ ๐ฉ๐ซ๐จ๐ญ๐๐ข๐ง ๐ญ๐จ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ๐จ๐ง๐๐ฏ๐ข๐ซ๐ฎ๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐กProtein production services are critical in the ongoing medical and biotechnology industries. It has been noted that there are thousands of proteins involved in the structure and function of living organisms and cells. In fact, these proteins play a vital role in the development of many of today's advanced medicines. Thus, it would be of great benefit if the company's protein products could be made more bio-available. Continuous research and development activities have led to key advancements in customer recombinant protein. Recombinant proteins are typically used in medical research for the treatment of major diseases including dwarfism, diabetes, congestive heart failure, myocardial infarction, cerebral apoplexy, and more. Key companies in the biotechnology industry are focused on R&D activities to expand their product portfolio. Recently, in February 2021, Sanofi and GSK initiated a new Phase 2 study of their adjuvanted recombinant protein-based COVID-19 vaccine candidate with 720 volunteers aged 18 years and above. Hence, such factors can stimulate growth of the custom recombinant protein production services market.
Apart from constant R&D, key industry players are laying significant emphasis on product launches. The primary focus is to expand their recombinant protein production services and capability. Recently, in June 2020, Lonza Company introduced GSv9 Media and Feeds, which provides a fully integrated solution mainly designed to optimize recombinant protein production. Thus, these factors can augment growth of the custom recombinant protein production services market in the near future.
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐๐ง๐ ๐๐๐ญ ๐ ๐ฅ๐๐ญ ๐๐% ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ ๐๐๐๐๐ฌ๐ฌ ๐ ๐ฎ๐ฅ๐ฅ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง @ https://www.coherentmarketinsights.com/insight/buy-now/2737
๐๐๐๐๐ง๐ญ๐ฅ๐ฒ, ๐ข๐ง ๐๐๐ซ๐๐ก ๐๐๐๐, ๐๐ซ๐๐ง๐ณ๐ฒ๐ฆ๐ ๐๐ฆ๐๐ ๐ข๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐๐ ๐ซ๐๐๐จ๐ฆ๐๐ข๐ง๐๐ง๐ญ ๐๐๐๐-๐๐จ๐-๐ ๐๐ ๐ฉ๐ซ๐จ๐ญ๐๐ข๐ง ๐ญ๐จ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ๐จ๐ง๐๐ฏ๐ข๐ซ๐ฎ๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก.
Protein production by this means involves the utilization of existing proteins and also the conversion of these proteins to other forms, which can then be utilized in treating diseases. This type of protein production can produce products that could be used for various uses. As far as the regional footprint is concerned, developed regions including North America seem to be gaining significant traction in the custom recombinant protein production services market. This is typically due to the fact that research and development activities are on a rise in the said region along with new product launches. Recently, in December 2019, iBio Inc. launched the FastGlycaneering Development Service for engineering high-performance recombinant proteins.
Regardless of these advantageous factors, the adoption of recombinant protein remains limited. One of the key hurdles in the adoption of these services is high cost of the recombinant protein for a particular requirement. The price can range from US$ 3 to US$ 160 per amino acid. Thus, such factors can potentially impede growth of the custom recombinant protein production services market.
๐๐จ ๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐๐ญ๐๐ฌ๐ญ ๐๐จ๐ฏ๐ข๐๐๐ ๐๐ฆ๐ฉ๐๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ @ https://www.coherentmarketinsights.com/insight/request-sample/2737
Detailed Segmentation:
โ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐๐จ๐ฆ๐๐ข๐ง๐๐ง๐ญ ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ฑ๐ฉ๐ซ๐๐ฌ๐ฌ๐ข๐จ๐ง ๐๐ฒ๐ฌ๐ญ๐๐ฆ:
โข Mammalian
โข Bacteria
โข Insect
โข Yeast
โข Others
โ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐๐จ๐ฆ๐๐ข๐ง๐๐ง๐ญ ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ง๐ ๐๐ฌ๐๐ซ:
โข Research Institutes
โข Biotechnology and Pharmaceutical Companies
โข Contract Research Organizations
โข Others
โ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐๐จ๐ฆ๐๐ข๐ง๐๐ง๐ญ ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐๐ ๐ข๐จ๐ง:
โข North America
โข Latin America
โข Europe
โข Africa
โข Asia Pacific
โข Middle East
๐๐จ ๐๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐ ๐๐๐ซ๐ @ https://www.coherentmarketinsights.com/insight/request-pdf/2737
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