Press release
Protein Expression Market Size, Top Companies, Share, Growth And Forecast 2033 | CAGR 10.2%
Protein Expression Market
Read More: https://www.pharmiweb.com/press-release/2023-05-08/protein-expression-market-current-landscape-and-future-outlook-cagr-102
Protein Expression Market Statistics: The global protein expression market is expected to reach $4 billion by 2026, registering a CAGR of 10.2% from 2018 to 2026.
Protein Expression Market Growth Drivers:
Rising Biopharmaceutical R&D: Increasing research and development activities in the biopharmaceutical sector are a primary driver. Companies are heavily investing in developing protein-based therapeutics due to their high efficacy and low adverse effect profile. These proteins can be tailored for specific targets, making them ideal for personalized medicine and complex treatments such as cancer and genetic disorders
Technological Advancements: Innovations in protein expression technologies are making the process faster and more cost-effective. Techniques like CRISPR and advancements in microfluidics are enhancing the efficiency and scalability of protein production, which is crucial for both research and therapeutic applications
Increasing Demand for Biologics: The global demand for biologics, including vaccines, hormones, and monoclonal antibodies, is propelling the need for efficient protein expression systems. Biologics are used to treat a wide range of diseases, including chronic conditions and rare genetic disorders, which further boosts market growth
Government Support and Funding: Many governments are supporting proteomics and genomics research through funding and favorable policies. This support is facilitating advancements in protein expression technologies and expanding their applications in various fields, including drug discovery and development
Emerging Markets: Regions such as Asia-Pacific are showing rapid growth in the protein expression market. This is due to increased investment in healthcare infrastructure, a growing focus on biotechnology research, and the rising prevalence of chronic diseases in these regions
Expansion of Contract Research Organizations (CROs): The growing trend of outsourcing drug development to CROs is another significant driver. CROs provide specialized services and infrastructure for protein expression, which allows biopharmaceutical companies to focus on core R&D activities while leveraging the expertise and resources of CROs
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Geographically, the following regions together with the listed national/local markets are fully investigated:
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (U.S., Canada, and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, UAE, South Africa)
The Latest Trends, Product Portfolio, Demographics, Geographical segmentation, and Regulatory Framework of the Protein Expression Market have also been included in the study.
Protein Expression Market Key Players: Agilent Technologies, Becton, Dickinson & Company, Bio Rad Laboratories, GenScript Biotech, LifeSensors, Merck, Promega Corporation, QIAGEN, Takara Holdings, Thermo Fisher Scientific.
Protein Expression Market Segmentation by Product: Reagents, Expression vectors, Competent cells, Instruments and Services
Protein Expression Market Segmentation by Application: Therapeutic, Industrial, Research
Introduction about Protein Expression Market
Protein Expression Market Size (Sales) Market Share by Type (Product Category)
Protein Expression Market by Application/End Users
Protein Expression Sales (Volume) and Market Share Comparison by Applications
Global Protein Expression Sales and Growth Rate (2021-2030)
Protein Expression Competition by Players/Suppliers, Region, Type, and Application
Protein Expression (Volume, Value, and Sales Price) table defined for each geographic region defined.
Protein Expression Players/Suppliers Profiles and Sales Data
Key Raw Materials Analysis & Price Trends
Supply Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
……..and view more in complete table of Contents
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