Press release
Protein Expression Market Size, Share, Growth, Trend And Forecast 2027 | Thermo Fisher Scientific Inc, Merck KGaA, GenScript Biotech Corporation, Agilent Technologies Inc.
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Market Overview
The demand for the Protein Expression market is increasing on account of the rising global Spending on Pharmaceutical R&D. The extensive research in protein expression is driven by the increase in spending on pharmaceutical R&D across the globe. For instance, in 2019, research and development spending in the pharmaceutical industry was USD 186 billion globally. In comparison, the R&D expenditures totaled USD 159 billion in 2016. Further, this spending is anticipated to reach USD 233 billion by 2026.
Global Protein Expression Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
By Expression Systems, the market is primarily bifurcated into
• Prokaryotic expression systems
• Mammalian cell expression systems
• Insect cell expression systems
• Yeast expression systems
• Other expression systems
The Prokaryotic expression systems segment dominated the market in 2020 and is expected to grow at lucrative during the forecasted period.
By Applications, the market is primarily segmented into
• Therapeutic
• Industrial
• Research
Amongst Applications, the Therapeutic segment accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the forecast period 2021-2027.
By Product, the market is primarily segmented into
• Reagents
• Competent cells
• Expression vectors
• Services
• Instruments
Amongst Product, the Reagents segment accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the forecast period 2021-2027.
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By End Users, the market is primarily segmented into
• Pharmaceutical and biotechnological companies
• Academic research
• Contract research organizations
• Others
Amongst End Users, the Pharmaceutical and biotechnological companies segment accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the forecast period 2021-2027.
Protein Expression Market Geographical Segmentation Includes:
• North America (United States, Canada, Rest of North America)
• Europe (Germany, United Kingdom, France, Spain, and Rest of Europe)
• Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific)
• Rest of the World
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The major players targeting the market includes
• Thermo Fisher Scientific Inc.
• Merck KGaA
• GenScript Biotech Corporation
• Agilent Technologies Inc.
• Takara Bio, Inc.
• Bio-Rad Laboratories Inc.
• Lonza
• Promega Corporation
• New England Biolabs
• Oxford Expression Technologies Ltd.
Competitive Landscape
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Protein Expression Market. The major players have been analyzed by using research methodologies for getting insight views on global competition.
Key questions resolved through this analytical market research report include:
• What are the latest trends, new patterns, and technological advancements in the Protein Expression Market?
• Which factors are influencing the Protein Expression Market over the forecast period?
• What are the global challenges, threats, and risks in the Protein Expression Market?
• Which factors are propelling and restraining the Protein Expression Market?
• What are the demanding global regions of the Protein Expression Market?
• What will be the global market size in the upcoming years?
• What are the crucial market acquisition strategies and policies applied by global companies?
We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.
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About UnivDatos Market Insights
UnivDatos Market Insights (UMI) is a passionate market research firm and a subsidiary of Universal Data Solutions. We believe in delivering insights through Market Intelligence Reports, Customized Business Research, and Primary Research. Our research studies are spread across topics across the world, we cover markets in over 100 countries using smart research techniques and agile methodologies. We offer in-depth studies, detailed analysis, and customized reports that help shape winning business strategies for our clients.
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