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Global Research-Grade Proteins Market Projected to Surpass $2.9 Billion by 2029 with 21.17% Annual Growth
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The growth of the research-grade proteins market is expected to be fueled by the increasing number of clinical trials. These trials are essential for evaluating new medical treatments, and research-grade proteins play a crucial role in biomarker development, assay development, and quality control in clinical studies. For instance, ClinicalTrials.gov reported that by the end of 2023, 477,234 clinical trials were registered globally, up from 437,512 in 2022. Thus, the rising number of clinical trials is boosting the demand for research-grade proteins.
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What is the projected compound annual growth rate (CAGR) of the research-grade proteins market from 2025 to 2034, and what factors influence it?
The research-grade proteins market has seen rapid growth in recent years. It is forecast to grow from $1.11 billion in 2024 to $1.35 billion in 2025, reflecting a CAGR of 21.4%. This growth is due to increasing research activities, more R&D investment in the pharmaceutical and biotechnology industries, rising demand for personalized medicine, government and academic institution investments, and strategic acquisitions and collaborations.
The research-grade proteins market is anticipated to grow exponentially, reaching $2.9 billion by 2029 with a CAGR of 21.2%. Growth drivers include advancements in proteomics, increased clinical trials, AI integration, and the rising use of research-grade proteins in industrial applications. Trends include the growth of innovative technologies, advancements in biotechnology, and applications in drug development.
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What are the emerging trends shaping the future of the research-grade proteins market?
Major companies in the research-grade proteins market are advancing Cas9 proteins to improve their functionality in genome editing and biotechnology applications. Cas9 proteins act as molecular scissors for precise DNA cutting. For example, in April 2022, Thermo Fisher Scientific launched the GMP-manufactured Gibco CTS TrueCut Cas9 Protein, which is produced under Good Manufacturing Practice conditions. This high-quality protein is designed for CRISPR-based genome editing and genetic engineering, aiding advancements in therapeutic development.
What are the major segments of the research-grade proteins market and their role in driving growth?
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
Subsegments:
1) By Cytokines And Growth Factors: Interleukins, Interferons, Colony Stimulating Factors, Erythropoietin, Granulocyte Macrophage Colony-Stimulating Factor
2) By Antibodies: Monoclonal Antibodies, Polyclonal Antibodies, Recombinant Antibodies, Conjugated Antibodies
3) By Immune Checkpoint Proteins: PD-1 Inhibitors, PD-L1 Inhibitors, CTLA-4 Inhibitors
4) By Virus Antigens: HIV Antigens, Hepatitis Antigens, Influenza Antigens, Hepatitis B Antigens
5) By Enzymes: Restriction Enzymes, Proteases, Ligases, Kinases
6) By Recombinant Regulatory Proteins: Transcription Factors, Regulatory Enzymes, Epigenetic Modifiers
7) By Hormones: Insulin, Thyroid Hormones, Growth Hormones, Adrenaline
8) By Other Products: Peptides, Serum Proteins, Antigen-Binding Proteins
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Which regions are key players in the growth of the research-grade proteins market?
North America was the largest region in the research-grade proteins market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the research-grade proteins market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the key firms paving the way for growth in the research-grade proteins market?
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)
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What Is Covered In The Research-Grade Proteins Global Market Report?
•Market Size Forecast: Examine the research-grade proteins market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the research-grade proteins market for a structured understanding.
•Key Players Overview: Analyze major players in the research-grade proteins market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the research-grade proteins market.
•Segment Contributions: Evaluate how different segments drive overall growth in the research-grade proteins market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the research-grade proteins market.
•Industry Challenges: Identify potential risks and obstacles affecting the research-grade proteins market.
•Competitive Landscape: Review strategic developments in the research-grade proteins market, including expansions, agreements, and new product launches.
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