Global Proteomics
Market strategic research study
offers company accounts, industry investors, and industry members with
consequential insights to enable them to make reliable strategic decisions
regarding the opportunities in the global market.
In this report, we
thoroughly examine and analyse the Global market for Proteomics so that market
participants can improve their business strategy and ensure long-term success.
This report provides players with useful information and suggests result-based
ideas to give them a competitive advantage in the global Proteomics industry. It
will show how other players compete in the global Proteomics Market and explain
the strategies you use to differentiate yourself from other participants.
This Research Report
Answers the Following Questions:
·
How Proteomics
market will grow in
the coming year?
·
Will the COVID-19 pandemic surge the demand for such platforms?
·
How are key companies planning to promote benefits of Proteomics?
·
What are the industry growth drivers, obstacles, and dynamics?
·
Which segment is expected to lead in the coming years?
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The global proteomics
market was valued at over USD 11.8 billion in 2015 and is estimated to grow at
a CAGR of 20% over the forecast period. Proteomics is the study of proteins,
particularly their structures and functions. Proteins are considered to be a
major part of living organisms that play significant functions including
catalyzing different biochemical reactions, transporting oxygen with help of
hemoglobin which act as a messenger, and defending against infections with help
of antibodies in the human body.
The global market is
expected to witness a significant growth owing to high demand in protein
engineering particularly in biopharma, diagnostics and drug discovery industry
over the forecast period. Improved relation between cellular behavioral and
genome sequence, is anticipated to be a key driving factor for market growth.
High investment in research
& development along with funds from government systems is estimated to
surge the market growth. The improvements in mass spectrometry and expression
technology in protein helps to obtain more data from nominal sample that behave
as catalysts in proteomics segment. Increasing corporate and institutional
investment in proteomic R&D for further studies is also anticipated to
promote the market growth.
Increasing birth disorders,
genetic disorders and healthcare expenditure, are estimated to be the major
driving factors for the market growth. Swift Growth of pharmaceutical and
biopharmaceutical market on owing to increasing prevalence of protein
deficiency diseases such as marasmus is attributed is the demand for proteomics
market has increased.
Protein deficiency is
widely spread among people who live in impoverished regions and in elderly
people who lack access to proper nutritious food. Protein deficiency is also
expected to affect people born with genetic disorder to produce certain
nutritional proteins, and also people with these diseases cause them to lose
appetite and experience muscle breakdown. Developing countries are expected to
witness large number of cases owing to poverty and economic situation.
Increased understanding of
human genome and its applications in proteomics is expected to be an
opportunity to the global market. Human Genomics focuses on the application of
genomic approaches to improve understanding of human disease, drug discovery
and variable drug reaction including proteomics and other significant diseases.
Problems encountered by proteomics key players to obtain regulatory agreements
for biomarkers, increasing costs of proteomic tools, coupled with lack of
skilled research expertise are expected to restrain the market growth globally
over the forecast period.
Based on the instrument
type the global market has been segmented into crystallography, SPR system,
Protein microarray, spectroscopy, electrophoresis and chromatography. Protein
microarray is expected to be the largest market. This technology is a high-throughput
method which can be used to track the activities and interactions of proteins,
and also to determine their function on a large scale. Its major advantage is
that huge numbers of proteins can be easily tracked in parallel. The ability of
mass spectrometry is to identify and to precisely compute large number of
proteins from highly complex samples is expected to broadly impact on medicine
and biology.
Various reagents required
for the expression and analysis of proteins are immunoassay, protein fractionation
reagents and microarray reagents. Services that are provided in proteomics
market are maintenance services, data analysis, and analytical laboratory
services, Analytical laboratory services include protein separation, sequencing
services, and identification, whereas maintenance & data analysis include
bioinformatics databases and tools.
Proteomics instrumentation
market is anticipated to grow at a productive rate mainly due to the rising
affordability and availability of the instruments and ability to deliver high
sensitive solutions. Various recent innovations such as detection methods and
protein labeling coupled with high amount of protein production, ability to
provide molecule attachment applications and surface chemistry are anticipated
to drive the market demand over the forecast period. North America is expected
to be the largest market owing to high costs of instruments in this region.
Available funds in research technology for proteomics developments from various
organizations such as National Science Foundation (NSF) and National Institutes
of Health(NIH) are also attributed as key factors for the market growth in this
region.
Asia Pacific is expected to
witness a significant growth over the forecast period. Existence of emerging economies
such as India, China, Malaysia, Thailand and increasing government funds and
per capita income is expected to drive the market growth in this region. The
existence of high demand for protein engineering and R&D segments is also
estimated to drive the market demand in this region.The key participants in the
proteomics market include Danaher Corporation, ActiveX Biosciences Agilent
Technologies., Life Technologies Corporation, Takara Bio Inc., New England
Biolabs Inc., Other industry participants include Qiagen, Hybrigenics SA Ltd,
Merck Millipore, Luminex Corporation, Promega Corporation, Tyrian Diagnostics.
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