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Protein Expression Market (2024 To 2033) - Industry Analysis, Size, Share, Growth, Trends And Forecasts
Protein Expression Global Market
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Protein Expression industry. This report on Protein Expression market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The protein expression market size has grown rapidly in recent years. It will grow from $3.19 billion in 2023 to $3.56 billion in 2024 at a compound annual growth rate (CAGR) of 11.5%. The growth in the historic period can be attributed to scientific research, biopharmaceutical development, biotechnology advancements, drug discovery and development, healthcare industry growth.
The protein expression market size is expected to see rapid growth in the next few years. It will grow to $5.7 billion in 2028 at a compound annual growth rate (CAGR) of 12.5%. The growth in the forecast period can be attributed to personalized medicine, biosimilars market, drug repurposing, regulatory support, precision agriculture. Major trends in the forecast period include cell-free expression systems, crispr-cas9 for gene editing, sustainable bioprocessing, contract research and manufacturing, multi-modal expression platforms.
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Key Market Players:
Agilent Technologies Inc., Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., New England Biolabs Inc., Promega Corporation, Qiagen NV, Takara Bio Inc., Merck KGaA, Genscript Biotech Corporation
Market Drivers:
According to the Protein Expression Market Report 2023 by The Business Research Company, Major companies operating in the protein expression market are increasing their focus on introducing next-generation solutions, such as Visium CytAssist Gene and Protein Expression Assay, to maximize their revenues in the market. Next-generation solutions refer to the use of advanced technologies and techniques to improve the efficiency, accuracy, and speed of protein expression.
More information about the Global Protein Expression Market Report -
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Market segments for Protein Expression include:
1) By Protein Expression: Yeast Expression, Mammalian Expression, Algae Expression, Insect Expression, Bacterial Expression, Cell-free Expression
2) By Product: Reagents, Competent Cells, Expression vectors, Services, Instruments
3) By Application: Therapeutic, Industrial, Research
4) By End Use: Pharmaceutical And Biotechnological Companies, Academic Research, Contract Research Organizations
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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