(PharmaNewsWire.Com, December 26, 2017 ) According to the report Protein Expression Market, published by Market Data Forecast, the Global market is projected to reach USD 2.5 billion by 2022, at a CAGR of 9.5% from 2017 to 2022
Process in which proteins are alters, synthesized and controlled in any living organism is referred to as the Protein Expression. Proteins are modified so that it meets the functional need of the host cell. Many big companies in this sector are trying to develop the therapeutics with minimal side effects.
Protein Expression Market: Drivers & Restraints Factors such as increasing investment in the R&D sector of pharmaceutical division, increasing incidences of chronic diseases, prospects in the field of proteomics and various initiatives undertook by the governments all across the world are helping this market to grow significantly.
On the other hand, high product development costs and strict regulatory rules are the issues holding this market back.
By Product • Reagents • Services • Instruments • Others
By Application • Industrial Proteins • Cell Culture • Research • Therapeutic Proteins • Transfection technologies • Others
By End User • Biotechnology • Pharmaceuticals • Academia
By Geography • North America o United States o Canada • Europe o U.K o Spain o Germany o Italy o France • Asia Pacific o China o India o Japan o Australia o South Korea • Latin America o Brazil o Argentina o Mexico o Rest of Latin America • Middle East & Africa o Middle East o Africa
Protein Expression Market: Overview On the basis of expression system, Bacterial expression system is leading the market in 2017, while mammalian expression system is expected to grow at the fastest rate owing to the growth in demand of therapeutic proteins. On the basis of products, reagents segment leads the market because of the constant consumption of reagents required for the transfection and maintenance of host cells. Services segment is expected to grow at the highest CAGR in the products section. Pharmaceutical segment dominates the Protein Expression market on the basis of end users.
North America accounts for the largest market share in 2017 and is expected to continue its dominance in market share. North America is followed by Europe and Asia Pacific. Asia Pacific is also expected to grow at the fastest rate as evident from the high CAGR value of this region for this market.
Protein Expression Market: Key Players Major players in the Protein Expression market are Thermo Fisher Scientific, Agilent Technologies, Bio-Rad Laboratories, Life Technologies Corporation, Merck Millipore, New England BioLabs, Takara Bio, and Promega Corporation.
About Market Data Forecast: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options.
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