Press release
Proteomics Market Trends, Segmentation, Growth, Analysis and Forecast By 2027 | CAGR of 12.2%
proteomics market Size
Based on type, the reagents segment has accounted for more than three-fourths of the global proteomics market share in 2019 and will continue to lead by 2027. This is due to increased adoption of proteomics in diagnostic and medical industry. However, the instruments segment is expected to grow at the highest CAGR of 14.1% from 2020 to 2027, owing to unprecedented increase in R&D activities for the development of novel instruments that can be used for studying structure and functional roles of encoded proteins.
Based on application, the drug discovery segment contributed around three-fifths of the global proteomics market share in 2019, and will maintain its dominance during the forecast period. Introduction of safer, effective, and cost-effective drugs is expected to be the ultimate outcome of improvement of proteomics technology, which drives the growth of the segment. On the other hand, the disease diagnosis segment is expected to manifest the fastest CAGR of 12.6% during the forecast period.
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The key players in the market-
• Agilent Technologies Inc.
• Danaher Corporation
• LI-COR, Inc.
• PerkinElmer, Inc.
• Thermo Fisher Scientific, Inc.
• HORIBA, Ltd.
• Bio-Rad Laboratories, Inc.
• Bruker Corporation
• General Electric (GE)
• Waters Corporation
Our Market Research Solution Provides You Answer to Below Mentioned Question:
• Which are the driving factors responsible for the growth of market?
• Which are the roadblock factors of this market?
• What are the new opportunities, by which market will grow in coming years?
• What are the trends of this market?
• Which are main factors responsible for new product launch?
• How will each segment grow over the forecast period and how much revenue will these segments account for in 2031?
• How big is the global & regional market in terms of revenue, sales and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
• Which region has more opportunities?
Based on region, the market across North America accounted for nearly two-fifths of the global proteomics market share in 2019 and will maintain its leadership status by 2027. Proteomics research received a major boost in North America, due to the funding support by government organization. Therefore, increase in investments for R&D drives the market growth in this province. On the other hand, the Asia-Pacific region is expected to witness the highest growth rate, with a CAGR of 15.6 % from 2020 to 2027, owing to rise in demand for drug discovery and advances in the biotechnology sector.
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By Region Outlook
• North America
(U.S., Canada, Mexico)
• Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
• Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
• LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
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