Press release
Research-Grade Proteins Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
What Is the Forecasted Market Size and Growth Rate for the Research-Grade Proteins Market?In recent years, there has been a significant expansion in the market size of research-grade proteins. The market is predicted to surge from $1.11 billion in 2024 to $1.35 billion in 2025, reflecting a compound annual growth rate (CAGR) of 21.4%. This growth in the historical era can be linked to an upswing in research work, escalation in R&D activities within the disciplines of pharmaceuticals and biotechnological industries, a burgeoning demand for customised medicine, increases in investments both from the government and diverse academic organisations, along with strategic purchases and partnerships.
The market for research-grade proteins is projected to experience significant expansion in the imminent years, surging to $2.9 billion by 2029 with an impressive compound annual growth rate (CAGR) of 21.2%. The predicted growth during the forecast period can be associated with advances in proteomics research, an increase in clinical trials, the application of AI and data analytics, the use of research-grade proteins in industrial scenarios, and a growing demand for sophisticated research tools. Prominent trends during this period would comprise expanding awareness of cutting-edge technologies, progressive advancements in the biotechnology sector, strides forward in proteomics and genomics, widening applications in drug creation, and the advent of advanced research equipment in the biotechnology and pharmaceutical professions.
What Factors Are Fueling Growth in the Research-Grade Proteins Market?
The surge in the number of clinical trials is projected to stimulate the expansion of the research-grade proteins market. Clinical trials encompass research studies that examine the safety and efficacy of novel medical treatments, interventions, or appliances in human subjects. There is an increase in clinical trials due to advancements in medical research, disease burden, regulatory alterations, demand from patients, and investments from the industry. In these clinical trials, research-grade proteins play a crucial role as indispensable tools for biomarker evolution, assay development, drug target recognition, quality assurance, and reference standards, thus ensuring the precision and dependability of the experimental data. For example, as per ClinicalTrials.gov, a clinical trial registry based in the US, 477,234 clinical trials were officially registered on ClinicalTrials.gov globally by the close of 2023, representing growth compared to the 437,512 registered clinical trials in 2022. Hence, the escalating number of clinical trials is fueling the development of the research-grade proteins market.
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Which Businesses Are at the Forefront of Research-Grade Proteins Market Development?
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)
What Are the Latest Innovations in the Research-Grade Proteins Market?
Leading companies in the research-grade proteins market have been pushing boundaries by producing Cas9 proteins to enhance their functionality and applicability in the realm of genome editing and other biotechnological uses. Cas9 proteins, also known as molecular scissors, have the ability to slice DNA at specific points set by a guide RNA (gRNA). In a notable example from April 2022, the US-based biotechnology firm Thermo Fisher Scientific Inc. brought an innovative Good Manufacturing Practice (GMP) manufactured Gibco CTS TrueCut Cas9 Protein to market. This high-quality, clinically compliant Cas9 protein was created under GMP conditions with a focus on genome editing applications. With its high purity and custom functionality, it's prime for precise CRISPR-based research, prompting advancements in the field of genetic engineering and therapeutic development.
How Is the Research-Grade Proteins Market Segmented?
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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Where Is the Research-Grade Proteins Market Growth Most Prominent?
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.
What Is Covered In The Research-Grade Proteins Global Market Report?
- Market Size Analysis: Analyze the Research-Grade Proteins Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Research-Grade Proteins Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Research-Grade Proteins Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Research-Grade Proteins Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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