According to a report published by Market Data Forecast Protein Expression Market is estimated to reach USD 2,282.6 Million by 2022.
Hyderabad, India -- (SBWIRE) -- 01/05/2018 -- The Global protein expression market is projected to reach USD 2,282.6 Million by 2022 from an estimated USD 1,368.8 Million in 2016, at a CAGR of 9.12%, The key factors for the growing demand for protein expression market are rise in R&D expenditure in the pharma division, rising number of chronic diseases, positive forecast in the field of proteomics. Increase in government funding is another major factor driving the growth of the market. However, factors such as consolidation of the market by a few major companies, high costs of protein expression reagents and instruments and complex regulatory environment are restraining the growth of the market.
Browse through 170Pages and in-depth TOC on " Protein Expression Market By Products (Reagents, Services, Instruments, And Others), By Expression Systems (Yeast Expression, Insect Expression, Cell-Free Expression, Bacterial Expression, Algal Expression, And Mammalian Expression), By End- User (Biotechnology, Pharmaceutics, And Academia) And By Region - Global Industry Analysis, Size, Share, Growth, Trends, By Application (Industrial Proteins, Cell Culture, Research, Therapeutic Proteins, Transfection Technologies & Others), And Forecasts (2017–2022)".
The Emergence of microfluidics in various emerging economies is providing a new opportunity for the global protein expression market. The protein expression is used in different applications like Therapeutic, industrial and research.
According to the report, the protein expression market has been categorized into Expression System, Product, Application and End-User. The Expression system is classified into Insect Expression, Cell-Free Expression, Algal Expression, and Mammalian Expression, Yeast Expression, Algal Expression. The global Protein Expression market is divided into Reagents, Services, Instruments, and Others. On the basis of the Application, the global Protein Expression market is classified into Industrial Proteins, Cell Culture, Research, Therapeutic Proteins, Transfection technologies & others. On the basis of End User, the global Protein Expression market is segmented into Biotechnology, Pharmaceutics, and Academia. Pharmaceutical sector leads the end user segment in this market.
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Among all the segments of the protein expression market, the Bacterial Expression system segment holds the largest share of the market. During the forecast period, the class expression system is anticipated to grow at the highest CAGR due to increasing demand for therapeutic proteins that are essential for human treatment. Owing to the constant consumption of reagents for the upkeep of the capable host cells, reagents lead the market within the product category. During the forecast period, the services segment is projected to grow at the highest CAGR.
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According to the geographical analysis by market data forecast, the global protein Expression market is classed into Europe, North America, Asia-pacific, Latin-America, Middle-East, and continent. Among all the regions, North America holds the largest share of the global protein expression market and is projected to retain its position during the forecast period. Asia is anticipated to grow strongly due to various factors such as massive population and rising prevalence of chronic diseases within the countries like China and India.
The major companies operating in the Protein Expression market include Takara Bio Inc. (JapanGenScript Biotech Corporation (China), Merck KGaA (Germany), Thermo Fisher Scientific Inc. (U.S.), Becton, Dickinson & Company (U.S.), .), Accelagen Inc. (U.S.), Geneva Biotech (Switzerland), Viva Biotech (China), Profacgen (U.S.), Jena Bioscience GmbH (Germany).New England Biolabs, Inc. (U.S.),), Sengenics (SingaporeDomainex Ltd. (U.K.), Lonza Group Ltd. (Switzerland), Bio-Rad Laboratories, Inc. (U.S.), ProteoGenix (France), Peak Proteins Ltd. (U.K.), Agilent Technologies, Inc. (U.S.), QIAGEN N.V. (Netherlands), ARTES Biotechnology GmbH (Germany), Addgene Inc. (U.S.) , LifeSensors Inc. (U.S.), Lucigen Corporation (U.S.), Synthetic Genomics Inc. (U.S.), Promega Corporation (U.S.).
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