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Research-Grade Proteins Global Market Report 2024 - By Share, Growth, Size And Industry Analysis, Forecast To 2033
Research-Grade Proteins Market
As per the report, the research-grade proteins market size has grown exponentially in recent years. It will grow from $0.91 billion in 2023 to $1.11 billion in 2024 at a compound annual growth rate (CAGR) of 21.1%. The research-grade proteins market size is expected to see exponential growth in the next few years. It will grow to $2.4 billion in 2028 at a compound annual growth rate (CAGR) of 21.3%.
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Impact Of Clinical Trials On The Research-Grade Proteins Market
The growing number of clinical trials is expected to propel the growth of the research-grade proteins market. Clinical trials refer to research studies investigating the safety and effectiveness of new medical treatments, interventions, or devices in humans. The number of clinical trials is rising due to medical research advancements, disease burden, regulatory changes, patient demand, and industry investment. Research-grade proteins help in clinical trials by serving as essential tools for biomarker development, assay development, drug target identification, quality control, and reference standards, ensuring the accuracy and reliability of experimental data. For instance, according to ClinicalTrials.gov, a US-based clinical trial registry, by the end of 2023, 477,234 clinical trials were registered globally on ClinicalTrials.gov, an increase compared to 437,512 registered clinical trials in 2022. Therefore, the growing number of clinical trials is driving the growth of the research-grade proteins market.
Impact of Cas9 Protein Development on Genome Editing and Biotechnological Applications
Major companies operating in the research-grade proteins market are developing Cas9 proteins to enhance their functionality and applicability in genome editing and other biotechnological applications. Cas9 proteins help genome editing by acting as molecular scissors that can cut DNA at specific locations determined by a guide RNA (gRNA). For instance, in April 2022, Thermo Fisher Scientific Inc., a US-based biotechnology company, introduced an innovative GMP-manufactured Gibco CTS TrueCut Cas9 Protein, a high-quality, clinically compliant Cas9 protein produced under Good Manufacturing Practice (GMP) conditions. This product is designed for genome editing applications, offering high purity and functionality tailored for precise CRISPR-based research, facilitating advancements in genetic engineering and therapeutic development.
The research-grade proteins market covered in this report is segmented -
1) By Product: Cytokines And Growth Factors, Antibodies, Immune Checkpoint Proteins, Virus Antigens, Enzymes, Recombinant Regulatory Proteins, Hormones, Other Products
2) By Host Cell: Mammalian Cells, Bacterial Cells, Fungi And Yeast, Insect Cells, Other Host Cells
3) By End-Use: Pharmaceutical And Biotechnology Companies, Academic And Research Institute, Other End-Uses
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Major companies operating in the research-grade proteins market are Thermo Fisher Scientific Inc., Bio-Rad Laboratories Inc., Bio-Techne, Stemcell Technologies Inc., Miltenyi Biotec, GenScript Biotech Corporation, Sino Biological Inc., ACROBiosystems, OriGene Technologies Inc., RayBiotech Inc., Rockland Immunochemicals Inc., Proteintech Group Inc., Novus Biologicals LLC, Active Motif, Aviva Systems Biology Corporation, StressMarq Biosciences Inc., Abnova Corporation, AnaSpec, Biomatik, Prospec-Tany Technogene Ltd., Cusabio Technology LLC, United States Biological, Laurus Bio, Boster Biological Technology, AMS Biotechnology Europe Ltd (AMSBIO)
Contents of the report:
1. Executive Summary
2. Research-Grade Proteins Market Report Structure
3. Research-Grade Proteins Market Trends And Strategies
4. Research-Grade Proteins Market - Macro Economic Scenario
5. Research-Grade Proteins Market Size And Growth
…..
27. Research-Grade Proteins Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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