Protein Sequencing Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share

"Which drivers are expected to have the greatest impact on the over the protein sequencing market's growth?
The escalation of genetic diseases is projected to stimulate the expansion of the protein sequencing market. Genetic diseases are typically those illnesses caused by irregularities or alterations in a person's genetic material, most often their DNA. This increase in genetic diseases happens due to mutations which may occur independently or be passed down from generations. Protein sequencing is instrumental in detecting specific genetic differences that lead to diseases, thus contributing to the identification of protein biomarkers. These are molecules that signal the existence of a specific disease or physiological state. For instance, as reported by the United States National Library of Medicine, a medical library based in the US, the total count of new genetic tests in the US surged from about 1000 tests in 2021 to roughly 3000 tests in 2022. As such, the surge in genetic diseases is seen as a key driver for the growth of the protein sequencing market.

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What is the future CAGR of the protein sequencing market, and how will it impact industry expansion?
The market size for protein sequencing has experienced swift expansion in the past few years. The market is projected to increase from $1.7 billion in 2024 to $1.88 billion in 2025, signifying a compound annual growth rate (CAGR) of 10.5%. The growth observed in the historic period is credited to increased demand in research, applications in medical diagnostics and agriculture, pharmaceutical advancement, forensic investigations, uncovering of biomarkers, and studies of genetic evolution.

The size of the protein sequencing market is anticipated to experience exponential augmentation in the coming years. By 2029, it is forecasted to inflate to $2.76 billion with a compound annual growth rate (CAGR) of 10.1%. This growth throughout the predicted span aligns with the inclusion of clinical genomics, broadened agricultural genomics, drug security and pharmacogenomics, prenatal and newborn screening, along with environmental DNA analysis. Predominant trends during this forecast period involve a surge in demand for next-generation sequencing, a rise in utilization within clinical diagnostics, and an upswing in investments in genomics research, all contributing to its growing use in personalized medicine.

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What are the most significant trends transforming the protein sequencing market today?
Leading companies in the protein sequencing market are innovating and creating upgraded, advanced technology products such as sequencing kits to maintain a competitive edge. Used for preparing samples and conducting sequencing experiments, these kits consist of various chemicals, reagents, and necessary materials. One example is the Protein Sequencing Kit V2 launched by Quantum-Si, an American protein sequencing company, in February 2024. This kit was created as an enhancement for their existing Platinum protein sequencing platform. It integrates assay improvements, including a new amino acid recognizer, and advanced analytical tools allowing the identification of unknown proteins. The modifications made result in stronger sequencing performance, enhanced identification of unfamiliar proteins, superior reproducibility, and a reduction in cost per amino acid by three times.

Which key market segments comprise the protein sequencing market and drive its revenue growth?
The protein sequencing market covered in this report is segmented -

1) By Product And Service: Protein Sequencing Products, Protein Sequencing Services
2) By Application: Bio-Therapeutics, Genetic Engineering, Other Applications
3) By End User 3: Pharmaceutical And Biotechnology Companies, Other End-Users

Subsegments:
1) By Protein Sequencing Products: Sequencing Kits, Reagents, Instruments, Consumables
2) By Protein Sequencing Services: Custom Protein Sequencing, Analytical Protein Sequencing, Bioinformatics Services, Proteomics Services

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Which region dominates the protein sequencing market?
North America was the largest region in the protein sequencing market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the protein sequencing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the leading players fueling growth in the protein sequencing market?
Major companies operating in the protein sequencing market are F Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Merck KGaA, Eurofins Scientific SE, Illumina Inc., Beckman Coulter Inc., PerkinElmer Inc., BGI Group, LGC Limited, GenScript Biotech Corporation, Oxford Nanopore Technologies Ltd., Pacific Biosciences of California Inc., Macrogen Inc., GENEWIZ Inc., Quintara Biosciences Inc., Source BioScience plc, Microsynth AG, Fasteris SA, GenHunter Corporation, Nucleics Pty Ltd., SciGenom Labs Pvt Ltd., StarSEQ GmbH, GATC Biotech AG, Agilent Technologies Inc., CeMIA SA

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What Is Covered In The Protein Sequencing Global Market Report?

•Market Size Forecast: Examine the protein sequencing market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the protein sequencing market for a structured understanding.
•Key Players Overview: Analyze major players in the protein sequencing market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the protein sequencing market.
•Segment Contributions: Evaluate how different segments drive overall growth in the protein sequencing market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the protein sequencing market.
•Industry Challenges: Identify potential risks and obstacles affecting the protein sequencing market.
•Competitive Landscape: Review strategic developments in the protein sequencing market, including expansions, agreements, and new product launches.

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