Protein Sequencing Market Update 2024 : Expected to Reach USD 9.92 Billion By 2026, Claims AMR

According to a new report published by Allied Market Research, titled, " Protein Sequencing Market by Product and Service, Technology, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global protein sequencing market size is expected to reach $ 9,926.7 million by 2026, registering a CAGR of 7.8% from 2019 to 2026, in terms of value.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐭: https://www.alliedmarketresearch.com/request-sample/5633

The global protein sequencing market is experiencing growth driven by a heightened emphasis on target-based drug development and advancements in analytical techniques, particularly in mass spectrometry. However, market expansion is impeded by a scarcity of skilled labor and laboratory professionals. Conversely, untapped potential in computational proteomics presents new avenues for market opportunities.

𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐭𝐨 𝐝𝐨𝐦𝐢𝐧𝐚𝐭𝐞 𝐢𝐧 𝐭𝐞𝐫𝐦𝐬 𝐨𝐟 𝐫𝐞𝐯𝐞𝐧𝐮𝐞 𝐭𝐡𝐫𝐨𝐮𝐠𝐡𝐨𝐮𝐭 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝

In terms of regional distribution, North America emerged as the dominant player in the global protein sequencing market in 2018, capturing almost one-third of the total revenue share. This trend is projected to continue throughout the forecast period, primarily fueled by technological innovations in sequencing platforms and increased adoption of protein sequencing within the region. However, the Asia-Pacific region is anticipated to exhibit the highest compound annual growth rate (CAGR) of 9.2% from 2019 to 2026, driven by growing awareness and a surge in demand for protein sequencing technologies.

𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐚𝐭: https://www.alliedmarketresearch.com/purchase-enquiry/5633

𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐏𝐫𝐨𝐭𝐞𝐢𝐧 𝐒𝐞𝐪𝐮𝐞𝐧𝐜𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 :
By product & service, the reagent & consumables segment accounted for the highest market share of 57% in 2018 and is anticipated to grow at the fastest rate during the forecast period.
By region, North America was the major shareholder and accounted for the highest share of 40% in 2018.
By application, the biopharmaceuticals segment is expected to grow at a CAGR of 8.5% during the forecast period.
By end user, the biotechnology & pharmaceutical company segment dominated the market in 2018 and is anticipated to maintain its dominance during the forecast period.

𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐟𝐨𝐫 𝐏𝐫𝐨𝐭𝐞𝐢𝐧 𝐒𝐞𝐪𝐮𝐞𝐧𝐜𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭:
The protein sequencing market share and analysis is based on a comprehensive analysis of key developments in the protein sequencing industry.
The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the global market.
The study provides an in-depth analysis of the market trends to elucidate the imminent investment pockets.
The global protein sequencing market trends are studied from 2018 to 2026.
Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided.
Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the global protein sequencing market forecast from 2019 to 2026 is provided to determine the market potential.

𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞 https://www.alliedmarketresearch.com/protein-sequencing-market

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry

This release was published on openPR.