The protein trends technologies market outlooks and analysis by technology, application,end users and regions. According to the detailed analysis of Market Research Future (MRFR), the global market of protein trends technologies is likely to acquire USD 13.6 Billion at a CAGR of about 7.5% during the forecast period (2022-2032).
The protein tag is a cutting-edge method of tracking protein activities. This technology has supplanted older ones like DNA arrays and electrophoresis. Proteins are also extensively used in the development of pharmaceuticals and the detection of diseases. The demand for more modern technologies that are applicable in the healthcare sector, promising trends in protein identification tracking, and the growing use of protein studies in RD activities are all expected to lead to an increase in the global protein trends technology market.
On the other hand, the costs of protein chips and High-Performance Liquid Chromatography (HPLC) are expected to act as roadblocks to the growth of the global protein trends technology market.
Key Players
Agilent Technologies, Inc., (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Bruker Corporation (U.S.), EMD Millipore (U.S.), Formulatrix, Inc. (U.S.), Hampton Research Corp. (U.S.), Jena Bioscience GmbH (Germany), Life Technologies Corporation (U.S.), MiTeGen LLC (U.S.), Molecular Dimensions Ltd. (U.K.), Oxford Expression Technologies Ltd. (U.K), Qiagen N.V. (Germany), Rigaku Corporation (Japan), Takara Bio Inc. (Japan), and Thermo Fisher Scientific Inc. (U.S).
Segmental Analysis
Global protein trends technology market share has been segmented on the basis of technology, application, and end-users.
The various technologies used in the global protein trends technology market are chromatography, electrophoresis, nuclear magnetic resonance, protein chip, tandem mass spectrometry, X-ray crystallography, and other technologies. The electrophoresis segment is further segmented into 2D electrophoresis and gel electrophoresis. Chromatography is sub-segmented into high-performance liquid chromatography (HPLC), ion-exchange chromatography, and liquid chromatography.
The various applicatios of global protein trends technology in the market are antibody characterization, biomarkers, de novo (peptide) sequencing, diagnostics, protein identification, protein structure determination, protein quantitation, proteogenomics, and treatment development.
The end-users operating in the global protein trends technology market are biotechnology companies, pharmaceutical companies, research institutes, and other end users.
Regional Analysis
Based on the region, the global protein trends technology market is segmented into the Asia Pacific, the Americas, Europe, and Middle East Africa.
The Americas region accounts for the largest market share in the global market for protein trends and technology and is expected to retain its dominant market valuation over the review period. Extensive usage of HLPC, growing adoption of protein chip, and technological advancements in the healthcare sector are some of the influential factors that impact the growth of the market in the region over the evaluation period. Large scale protein products manufacturing companies are concentrated in this region. Availability of funds for RD, increasing demand for protein technology as well as growing healthcare expenditure drive this market in North America.
Middle East Africa show steady growth in this market. The growing government initiatives towards the enhancement of the healthcare sector is expecte to drive the market in Africa, while the increasing efforts towards the expansion of the healthcare infrastructure in middle east are expected to drive the market over the review period.
Europe accounts for the second-largest market share and is expected to maintain its superior market standing in the global protein trends technology market over the forecast period. The market growth in the European region is attributed to the availability of skilled and qualified healthcare professionals, researchers, growing government expenditure towards research and development activities and the augmented demand for technological advancements in the region.
The Asia Pacific is assessed as the fastest-growing region in the global protein trends technology market, owing to the higher demand for protein technology for the advancement of diagnosis and treatment methods in the region. The increasing prevalence of chronic diseases and the need for early diagnostic techniques is likely to fuel the demand and market share over the forecast period.
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