Global Proteomics Market report delivers future development strategies, key companies, Possibility of competition, major challenges analysis. The reports elaborate the expansion rate of the Proteomics market supported the highest company profile analysis. This report providing an in-depth analysis, market size, and evaluation for the developing segment among the industry. Proteomics Market report will help you take expert decisions, recognize opportunities, plan effective professional tactics, plan new schemes, analyse drivers and restraints and give you a vision on the Proteomics Market forecast.
The Proteomics Market
report discusses the primary industry growth drivers and challenges that the
vendors and the market as a whole face and provides an overview of the key
trends emerging in the market. It also talks about the market size of different
segments and their growth aspects along with key leading countries in Americas,
Asia-Pacific, Europe, the Middle East, and Africa regions.
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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 catalysing
different biochemical reactions, transporting oxygen with help of haemoglobin
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 behavioural 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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