Global Protein Sequencing Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027
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The Global Protein Sequencing Market 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 Market Introduction:
“The Protein Sequencing Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
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, detecting the number of polypeptides in protein molecules, and breaking disulfide bonds.
Protein Sequencing Market Dynamics:
The increasing adoption of target-based drug designing by pharmaceutical and biotechnology companies is a key factor expected to drive the growth of the global protein sequencing market over the forecast period. Increasing research on genetically modified organisms and technological advancements which in turn fuel the 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 are another factor anticipated to drive the growth of the target market over the forecast period. Moreover, increasing public and private financial support for proteomic research is a dynamic factor expected to propel the growth of the target market over the forecast period.
However, the high cost of infrastructure is a major factor restraining the growth of the target market during the forecast period. In addition, the preparation of pure protein samples and the need for skilled researchers and laboratory professionals, are factors challenging the growth of the global protein sequencing market over the forecast period.
Technological advancements in protein sequencing techniques, owing to identifying isobaric residues, are expected to create lucrative opportunities to drive the growth of the global protein sequencing market over the forecast period.
Protein Sequencing Market Analysis by Segment:
On the basis of components, 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 a major revenue share in the target market over the forecast period.
On the basis of application, the biotherapeutics segment is projected to register the 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 the highest growth in terms of revenue in the target market during the forecast period.
Protein Sequencing Market Analysis by Region:
The North American protein sequencing market holds a 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 the presence of major key players in countries such as the US and Canada is estimated to fuel the growth of the target market in the region.
The protein sequencing market in the Asia Pacific is estimated to account for a significant share in terms of value in the target market in the next coming years. China is projected to witness the 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 are expected to support the 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 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
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- 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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