Global Protein Sequencing Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027
“Global Protein Sequencing Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global protein sequencing market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global protein sequencing market report has been segmented on the basis of product & service, technology, application, end user, and region.
Protein sequencing is a chemical or enzymatic digestion technique employed to determine the amino acid sequence of protein or peptide. The sequencing technique involves steps of splitting the polypeptide chain, detect the number of polypeptide in protein moleculars, and break disulfide bonds.
Increasing adoption of target-based drug designing by pharmaceutical and biotechnology companies is a key factor expected to drive growth of the global protein sequencing market over the forecast period. Increasing research on genetically modified organisms and technological advancements which in turn fuel growth of protein sequencing for genetic engineering application in the target market in the next coming years. In addition, advancements in clinical mass spectrometry and analytical techniques, is another factor anticipated to drive growth of the target market over the forecast the period. Moreover, increasing public and private financial support for proteomic research is a dynamic factor expected to propel growth of the target market over the forecast period.
However, high cost of infrastructure is a major factor restraining growth of the target market during the forecast period. In addition, preparation of pure protein samples and need for skilled researchers and laboratory professionals, are factors challenging growth of the global protein sequencing market over the forecast period.
Technological advancements in protein sequencing technique, owing to identify isobaric residues, is expected to create lucrative opportunities to drive growth of the global protein sequencing market over the forecast period.
Analysis by Segment:
On the basis of component, the protein sequencing services segment is expected to grow at a faster rate in the target market during the forecast period. On the basis of technology, the mass spectrometry segment is anticipated to hold major revenue share in the target market over the forecast period. On the basis of application, the biotherapeutics segment is projected to register fastest growth rate in the target market during the forecast period. On the basis of end user, the academic institutes & research centers segment is estimated to witness highest growth in terms of revenue in the target market during the forecast period.
Analysis by Region:
The North America protein sequencing market holds major share in terms of revenue and is expected to dominate the target market over the forecast period. Increasing investment from public and private organizations for proteomic research and presence of major key players in countries such as US and Canada, is estimated to fuel growth of the target market in the region. The protein sequencing market in the Asia Pacific is estimated to account for significant share in terms of value in the target market in the next coming years. China is projected to witness fastest growth rate in the target market during the forecast period. Increasing government initiatives and investments regarding life science research and development in countries such as Japan and India, is expected to support growth of the target market during the forecast period. The Europe protein sequencing market is anticipated to register moderate growth in terms of revenue in the global protein sequencing market over the forecast period.
Market Segmentation and Key Players Operating in The Global Protein Sequencing Market:
Segmentation on the Basis of Component:
- Sample Preparation Products & Services
- Protein Sequencing Products
- Protein Sequencing Services
Segmentation on the Basis of Technology:
- Edman Degradation
- Mass Spectrometry
Segmentation on the Basis of Application:
- Genetic Engineering
Segmentation on the Basis of End User:
- Academic Institutes & Research Centers
- Pharmaceutical & Biotechnology Companies
Segmentation on the Basis of Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Agilent Technologies, Inc.
- Bioinformatics Solutions Inc.
- Charles River Laboratories, Inc.
- Proteome Factory AG
- Rapid Novor Inc.
- Selvita SA
- SGS SA
- Shimadzu Corporation
- Thermo Fisher Scientific Inc.
- Waters Corporation
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