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Rising Government Funds Fuels Proteomics Market Growth: An Emerging Driver Transforming The Proteomics Market Landscape
The Proteomics Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Proteomics Market?
The scale of the proteomics market has significantly expanded in the past few years. It is estimated to surge from a value of $34.83 billion in 2024, to reach $39.71 billion in 2025, experiencing a compound annual growth rate (CAGR) of 14.0%. The escalation observed in the historical phase is mainly due to increased government spending on proteomics research, technological advancements, a rise in healthcare spending, the expansion of healthcare facilities, and economic progress in burgeoning markets.
In the coming years, the proteomics market is projected to undergo rapid expansion, reaching $66.18 billion by 2029 with a compound annual growth rate (CAGR) of 13.6%. This anticipated growth within the forecasted period can be ascribed to factors such as an increase in funding for proteomics projects, a rising demand for personalized medicine, and a surge in research and development activities. Additionally, increased investment in biotechnology firms due to the COVID-19 pandemic also contributes to this growth. The forecast period is expected to focus on the use of nanotechnology for identifying less plentiful samples, the development and enhancement of new technologies, product launches, and investments in advanced technology such as artificial intelligence (AI) and real-time improved imaging.
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What Are the Different Proteomics Market Segments?
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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What Are the Primary Drivers Shaping the Proteomics Market?
The increasing financial support from the government for proteomics research contributes to the expansion of the proteomics market. These funds aid researchers with drug discovery, disease diagnosis, and treatment. To illustrate, Proteomics International Laboratories Limited, a medical tech firm based in Australia and concentrating on proteomics, was allotted $400,000 in May 2022 to strengthen its manufacturing prowess within the country. This capital is specifically intended to enhance the production of the PromarkerD test in both Australia and South-East Asia. It will also help to broaden Proteomics International's distinct ISO 13485 certification. Consequently, the proteomics market is positively affected by growing governmental funding.
Which Companies Are Leading in the Proteomics Market?
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.
What Trends Are Expected to Dominate the Proteomics Market in the Next 5 Years?
Firms are introducing new offerings with a view to augment their income and outshine their competitors. For example, Bruker Corporation, a scientific instruments manufacturer from the US, revealed its latest progression in the revolutionary 4D Multiomics timsTOF platform in June 2022 with the launch of the timsTOF HT system. This system is equipped with an advanced 4th-generation TIMS (trapped ion mobility separation) XR cell and a 14-bit digitizer. It provides a wider dynamic range, enhanced peptide coverage, and more accurate quatitation, notably in unbiased 4D plasma and tissue proteomics, and epiproteomics.
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What Are the Top Revenue-Generating Geographies in 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
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Proteomics Market?
2. What is the CAGR expected in the Proteomics Market?
3. What Are the Key Innovations Transforming the Proteomics Industry?
4. Which Region Is Leading the Proteomics Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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