Global Protein Sequencing Market Size, Share and Global Outlook 2022-2030

According to a new market research report published by Inkwood Research, Global Protein Sequencing Market is estimated to project a CAGR of 6.47% during the forecasting years of 2020-2028.
"Browse 39 Market Data Tables and 44 Figures spread over 147 Pages, along with an in-depth TOC on the Global Protein Sequencing Market Forecast 2020-2028."

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Protein sequencing provides information regarding the amino acids that constitute a protein. While the sequencing process is performed, amino acids are consecutively removed from the n-terminal end of the protein strand and identified in the order they occur in the protein.

Growing Focus on Target-Based Drug Development
Since the last few years, a growing number of findings based on proteomics have boosted innovative drug development. Moreover, many drugs have been developed with an emphasis on single protein target. A target is generally a single gene, gene product, or molecular mechanism towards disease prognosis. The target-based drugs frequently modulate the function of the proteins, or total inhibition in the case of pathogens. Besides, protein sequencing has been primarily adopted by big pharma and biotech. However, the newest technologies are becoming accessible, and are being developed mostly even in academic research and small biotech. The next generation of modern drug designers is emerging, which is expected to propel the growth of the market in the coming years.
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Reagents and Consumables led the Product and Service Segment
Different kinds of reagents, along with consumables, are required while performing protein sequencing. The reagents used for protein sequencing are an amino acid mixture, buffers, chromatography reagents, buffers, enzymes, and many others. It is compulsory to specify changes in protein abundance relative to those of the system for improving the understanding of the functions of individual proteins and their critical role in biological systems. Hence, current proteomics has shifted from its preliminary qualitative outlook and presently incorporates a range of quantitative and qualitative approaches and technologies. Due to the rise in the complexities of both qualitative and quantitative analysis, the field of proteomics demands more advanced analytical technologies, sample preparation techniques, and software solutions.

The Asia Pacific is Evaluated to Record the Highest CAGR
The Asia Pacific region is estimated to be the fastest-growing market during the forecast period. The market analysis of the region includes the study of the countries such as India, China, South Korea, Thailand, Vietnam, Japan, Indonesia, and the rest of the Asia Pacific. The region possesses high growth potential, owing to an increase in focus on the biotechnology industry and a rise in demand for drug discovery.
The protein sequencing market is consolidated due to the presence of limited major players. Shimadzu Corporation, Agilent Technologies Inc, Water Corporation, etc. are some of the major companies operating in the market. The growing demand for bioinformatics and computational in protein sequencing methods is boosting the demand for protein sequencing.

Related Report:
GLOBAL METABOLOMICS MARKET
GLOBAL MASS SPECTROMETRY MARKET
GLOBAL PROTEOMICS MARKET

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