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Proteomics Market Poised to Hit $64.89 Billion by 2029 with Accelerating Growth Trends
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Proteomics Market Size Growth Forecast: What to Expect by 2025?
The scale of the proteomics market has experienced swift expansion lately, projected to augment from a value of $34.83 billion in the year 2024 to reach $39.37 billion by 2025, reflecting a compound annual growth rate (CAGR) of 13.1%. This surge observed during the historical timeframe stems from several factors, including augmented governmental allocations supporting proteomics investigations, progress in associated technologies, escalation of spending within the healare sector, an increasing count of medical institutions, and the economic expansion witnessed across developing regions.
How Will the Proteomics Market Size Evolve and Grow by 2029?
Anticipation points toward swift expansion for the proteomics sector in the impending years, reaching a valuation of $64.89 billion by 2029, propelled by a compound annual growth rate (CAGR) of 13.3%. This forecasted upswing is fueled by several factors, including augmented funding streams directed towards proteomics enterprises, the escalating demand for personalized healare solutions, a surge in research and development endeavors, and heightened capital deployment in biotechnology firms, partly triggered by the COVID-19 pandemic's effects. Key developments anticipated during this timeframe encompass a concentrated effort on leveraging nanotechnology to effectively detect sparsely present samples, the creation and refinement of novel technological platforms, the introduction of innovative offerings, and substantial investments in technologies like artificial intelligence (AI) alongside enhancements in real-time imaging capabilities.
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What Drivers Are Propelling the Growth of Proteomics Market Forward?
Increased financial allocations from governing bodies toward proteomics studies are propelling the expansion of the proteomics market. Such governmental monetary support enables scientists engaged in discovering new medications and developing methods for disease identification and therapy. A concrete example, noted in May 2022, involved Proteomics International Laboratories Limited, an Australian medical technology entity specializing in proteomics, securing a $400,000 grant. This capital injection was designated to strengthen their production capacity within Australia, specifically facilitating the scaling up of the PromarkerD test manufacturing across Australia and into South-East Asia, which necessitates broadening the scope of Proteomics International's existing ISO 13485 accreditation. Consequently, the upward trend in government research funding exerts a favorable influence on the overall proteomics sector.
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Which Emerging Trends Are Transforming the Proteomics Market in 2025?
Driven by the objective of boosting financial returns and securing an advantage over competitors, corporations are introducing novel offerings; for example, in the month of June in the year 2022, Bruker Corporation, a United States entity specializing in the production of scientific instrumentation, made public the latest evolution of its pioneering 4D Multiomics timsTOF system, presenting the new timsTOF HT apparatus. This particular system incorporates a novel fourth-generation TIMS (trapped ion mobility separation) XR chamber alongside a 14-bit digitizing component, which collectively deliver a broader dynamic span, superior access to peptide information, and refined precision in measurement, particularly benefiting explorations in unrestricted 4D plasma and tissue-based proteomics methodologies as well as the study of epiproteomes.
What Are the Key Segments in the Proteomics Market?
The proteomicsmarket 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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Who Are the Key Players Shaping the Proteomics Market's Competitive Landscape?
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 Healare, 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 Geographic Markets Are Powering Growth 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
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