Protein Sequencing Market Trends That Will Shape the Next Decade: Insights from Technologically Advanced Kits For Providing Accessible And Cost-Efficient Alternately

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How Large Will the Protein Sequencing Market Size By 2025?
Recent years have seen an accelerated expansion in the protein sequencing market. The size of this market is estimated to increase from $1.7 billion in 2024 to $1.88 billion in 2025, with a compound annual growth rate (CAGR) of 10.5%. Factors that have contributed to the growth in the past can be traced back to the demand for research, the needs of medical diagnostics, advancements in pharmaceutical development, applications in agriculture, forensic analysis, biomarker identification, and investigations into genetic evolution.

How Big Is the Protein Sequencing Market Size Expected to Grow by 2029?
The market size for protein sequencing is projected to experience accelerated growth in the coming years. It is predicted to expand to a value of $2.76 billion by 2029, with a compound annual growth rate (CAGR) of 10.1%. Factors contributing to this growth in the projected period include the inclusion of clinical genomics, the expansion of agricultural genomics, drug safety and pharmacogenomics, newborn and prenatal screening, and environmental DNA analysis. Noteworthy trends in the projected period encompass increasing demand for next-generation sequencing, growing applications in clinical diagnostics, and escalating investment in genomics research and its widening application in personalized medicine.

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Which Key Market Drivers Powering Protein Sequencing Market Expansion and Growth?
The protein sequencing market is expected to surge due to the increasing prevalence of genetic illnesses. Genetic disorders, manifested through abnormalities or mutations in one's genetic makeup, typically the DNA, trigger this upward trend. Genetic mutations may occur naturally or may be passed down from one's forebears. Protein sequencing plays a crucial role in pinpointing specific genetic variations that contribute to disease onset, thereby aiding in the detection of protein biomarkers-molecules that signal a particular disease or physical state. For instance, the United States National Library of Medicine, a notable US medical library, recorded that the count of novel genetic tests in the US in 2021 was roughly 1000, a number which escalated to approximately 3000 genetic tests in 2022. Consequently, escalating genetic illnesses have been instrumental in fueling the expansion of the protein sequencing market.

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Which Fast-Growing Trends Are Poised to Disrupt the Protein Sequencing Market?
Key players in the protein sequencing market are innovating advanced technological products like sequencing kits to achieve a competitive advantage. Sequencing kits, equipped with the necessary reagents, chemicals, and materials for sequencing experiments and sample preparation, are being upgraded. A case in point is Quantum-Si, a protein sequencing firm based in the US, which introduced its Protein Sequencing Kit V2 in February 2024. This was an enhancement to its Platinum protein sequencing platform. The upgraded kit boasts enhanced sequencing performance, incorporates a new amino acid recognizer, and can identify unknown proteins using advanced analytical and inference tools. Such advances result in improved sequencing performance, the potential to identify unknown proteins, high consistency, and a three-fold reduction in the cost per amino acid.

What Are the Emerging Segments in the Protein Sequencing Market?
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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Who Are the Global Leaders 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

Which are the Top Profitable Regional Markets for the Protein Sequencing Industry?
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.

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