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Proteomics Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
What industry-specific factors are fueling the growth of the proteomics market?The proteomics market's growth is being driven by increased government funding for proteomics research. This funding aids researchers in the discovery of drugs, disease diagnosis, and treatment. Proteomics International Laboratories Limited, a medical technology firm from Australia that specializes in proteomics, reportedly received a grant of $400,000 in May 2022 to enhance its manufacturing capabilities within the country. The funds are intended for furthering the production of the PromarkerD test in Australia and South-East Asia and for broadening Proteomics International's ISO 13485 certification. Thus, the proteomics market benefits significantly from the surge in government funding.
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What Is the projected market size and growth rate for the proteomics market?
In recent times, the proteomics market has witnessed fast-paced growth. The market value is projected to increase from $34.83 billion in 2024 to $39.71 billion in 2025, showcasing a compound annual growth rate (CAGR) of 14.0%. This significant expansion during the historical period can be credited to an upsurge in government funding for proteomics research, technological advancements, an increase in healthcare spending, an escalation in the quantity of healthcare facilities, and economic progression in developing markets.
In the coming years, swift expansion is anticipated for the proteomics market, with projections to reach $66.18 billion by 2029, growing at a compound annual growth rate (CAGR) of 13.6%. This expected growth over the projected period is due to factors such as growing funds for proteomics projects, an increasing demand for personalized medicine, a surge in research and developmental activities, and increased investment in biotech companies in response to the COVID-19 pandemic. Key trends to watch during this forecast period include the adoption of nanotechnology in identifying low-abundant samples, improvement and progression of new techniques, product launches, and investments in technologies such as artificial intelligence and enhanced real-time imaging.
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What trends are poised to drive the future success of the proteomics market?
Companies are unveiling new products to boost their profits and secure a competitive advantage over their competition. In June 2022, for example, Bruker Corporation, an American company specializing in the production of scientific instruments, introduced the latest enhancement to their revolutionary 4D Multiomics timsTOF platform with the launch of the new timsTOF HT system. This system comes with a cutting-edge 4th-generation TIMS (trapped ion mobility separation) XR cell and a 14-bit digitizer, providing improved dynamic range, better peptide coverage, and superior quantitation accuracy, particularly for unbiased 4D plasma and tissue proteomics as well as epiproteomics.
What major market segments define the scope and growth of the proteomics market?
The proteomics market covered in this report is segmented -
1) By Component: Reagents, Instruments, Software
2) By Instrument: Protein Microarrays, Spectroscopy, X-ray Crystallography, Chromatography, Electrophoresis, Surface Plasmon Resonance, Protein Fractionation
3) By Type: Core Instrument Services, Proteomic Analytical Services
Subsegments:
1) By Reagents: Protein Assays, Immunoassay Reagents, Spectroscopy Reagents, Chromatography Reagents, Electrophoresis Reagents
2) By Instruments: Mass Spectrometry, Chromatography Equipment, Electrophoresis Equipment, Microarray Instruments, X-ray Crystallography Instruments
3) By Software: Data Analysis Software, Bioinformatics Tools, Cloud-Based Platforms For Proteomics
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Which region dominates the proteomics market?
North America was the largest region in the proteomics market in 2024. Western Europe was the second largest region in the global proteomics market share. The regions covered in the proteomics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Which key market leaders are driving the proteomics industry growth?
Major companies operating in the proteomics market include Danaher Corporation, Thermo Fisher Scientific Inc., Merck KGaA, Agilent Technologies Inc., PerkinElmer Inc., Bruker Corporation, Bio-Rad Laboratories Inc., Promega Corporation, Waters Corporation, Creative Proteomics, Sino Biological, EIAab, DIMA Biotechnology, TechnoConcept India Pvt. Ltd., Cellular & Molecular Biology, GE Healthcare, Perseus Proteomics Inc., JEOL, APTBIO, Leisure Science (Suzhou) Co. Ltd., Centre for Cellular & Molecular Biology, Vproteomics, Shimadzu Corporation, Abcam plc, IRB Barcelona, SGS UK, MRM Proteomics Inc., FingerPrints, Biognosys AG, Olink Proteomics, Horiba, MS Bioworks, LC Sciences, MtoZ Biolabs, Integrated Proteomics Applications, Quantumbio Inc., Luminex Corporation, Applied Biomics Inc., Isoplexis Corporation, Caprion Proteomics Inc.
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What Is Covered In The Proteomics Global Market Report?
• Market Size Forecast: Examine the proteomics market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the proteomics market for a structured understanding.
• Key Players Overview: Analyze major players in the proteomics market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the proteomics market.
• Segment Contributions: Evaluate how different segments drive overall growth in the proteomics market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the proteomics market.
• Industry Challenges: Identify potential risks and obstacles affecting the proteomics market.
• Competitive Landscape: Review strategic developments in the proteomics market, including expansions, agreements, and new product launches.
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