Press release
Proteinase K Market Surges With Increasing Prevalence Of Chronic Diseases Driving Market Acceleration in the Proteinase K Industry, 2025
Proteinase K
How Large Will the Proteinase K Market Size By 2025?
Over the past few years, there has been a significant growth in the market size of Proteinase K. Predictions indicate that it will expand from $4.89 billion in 2024 to $5.36 billion in 2025, realizing a compound annual growth rate (CAGR) of 9.7%. The booming expansion in the preceding period is connected to the broadening scope of biotechnology and life sciences research, advancements in diagnostic testing, necessities in pharmaceutical development, bioprocessing and protein purification, and quality control in the food and beverages sector.
How Big Is the Proteinase K Market Size Expected to Grow by 2029?
In the coming years, the market size of Proteinase K is predicted to experience a significant increase, reaching a value of "$8.19 billion by 2029 with a compound annual growth rate (CAGR) of 11.2%. This expected expansion during the forecast period can be associated with the ongoing growth in molecular diagnostics, advancements in precision medicine, the expansion of biopharmaceutical manufacturing, research in genomics and proteomics, and elevated application in forensic sciences. During this forecast period, major trends are projected to be the growth of the pharmaceutical industry, technological advancements, market competition and pricing strategies, the introduction of sustainable and animal-free variants, and the impact of global pandemics.
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Which Key Market Drivers Powering Proteinase K Market Expansion and Growth?
The proteinase K market is forecasted to grow due to the rising incidence of chronic illnesses. Such diseases, which necessitate continuous medical care and last for over a year, frequently utilize Proteinase K for prevention or treatment. This is due to its ability to extract and isolate the DNA and RNA of viruses that instigate these long-term diseases. As per the US-based National Library of Medicine, the number of people aged 50 and above in the US with at least one chronic condition is projected to rise to 142.66 million by 2050. Given these statistics, it's clear that the expanding prevalence of chronic diseases will contribute to the growth of the proteinase K market.
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Which Fast-Growing Trends Are Poised to Disrupt the Proteinase K Market?
Product innovation is a key focus in the proteinase K market, where companies are introducing alternatives to conventional enzyme solutions. Biocatalysts Ltd., a UK-based biotech firm, launched Proteocut K, a cost-effective liquid proteinase K alternative. This enzyme has broad substrate specificity, an activity of around 1,450 U/ml, and operates effectively across a pH range of 6.0-10.0 and temperatures from 40-70°C, serving various life science applications.
What Are the Emerging Segments in the Proteinase K Market?
The proteinase K market covered in this report is segmented -
1) By Form: Lyophilized Powder Form, Liquid Form
2) By Therapeutic Area: Infectious Diseases, Diabetes, Oncology, Cardiology, Nephrology, Autoimmune Diseases, Neurology, Other Therapeutic Areas
3) By Application: Isolation And Purification Of Genomic DNA And RNA, In Situ Hybridization, Mitochondria Isolation, Enzyme Removal
4) By End-Use: Contract Research Organization, Academic Institutes, Biotechnology Companies, Diagnostic Laboratories
Subsegments:
1) By Lyophilized Powder Form: High Purity Lyophilized Powder, Standard Grade Lyophilized Powder
2) By Liquid Form: Ready-To-Use Liquid, Concentrated Liquid Solutions
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Who Are the Global Leaders in the Proteinase K Market?
Major companies operating in the proteinase K market include Merck KGaA, QIAGEN NV, Thermo Fisher Scientific Inc., F Hoffmann-La Roche Ltd., Worthington Biochemical Corporation, Sigma-Aldrich Co. LLC, Behemoth Inteligencia para os Negocios LTDA, Codexis Inc., Beijing SBS Genetech Co. Ltd, Hoffmann-La Roche Ltd, Amicogen Inc, Amano Enzyme Inc., Sisco Research Laboratories Pvt. Ltd., Promega Corporation, Bioline Diagnostics LLP, Biocompare, BioVision Inc., Creative Enzymes, G-Biosciences, Advanced Enzymes Technologies, Cell Signaling Technology Inc., Dyadic International, Amresco LLC, Abcam plc, Bio Basic Inc., BioChain Institute Inc., BioLegend Inc., Bio-Rad Laboratories Inc., Enzo Life Sciences Inc., GenScript Biotech Corporation
Which are the Top Profitable Regional Markets for the Proteinase K Industry?
North America was the largest region in the global proteinase K market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global proteinase k market during the forecast period. The regions covered in the proteinase K market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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