Protein Expression Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024.
Sarasota, FL -- (SBWIRE) -- 12/21/2017 -- Global Protein Expression Market: Overview
Protein expression is a process through which proteins are modified, synthesized, and regulated in the cells. Protein expression is considered as an important element of proteomics, which enables the recombinant proteins expression in different host systems. Proteins are synthesized and regulated based on the host cell's functional requirement. Principally, protein expression comprises 3 processes, specifically, transcription, translation, and post-translational modification. Furthermore, there are 3 methods of recombinant protein expressions such as chemical protein synthesis, in-vivo protein expression, and in-vitro protein expression. Biotechnology-based institutions are predominantly dependent on protein expression for the development of new therapeutics with minimum side effects. Currently, protein expression market is a profit-making market owing to the increasing prevalence of numerous drug-resistant diseases and increasing government assistance for biotechnology-based drug development.
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Global Protein Expression Market: Growth Factors
Rising research in the pharmaceutical sector and increasing opportunities in proteomics are the factors propelling the global protein expression market growth. The decreasing R&D cost of production and the decrease in sales owing to the forthcoming patent cliff, the increasing research in the pharmaceutical sector are anticipated to be the major factors that boost the growth of the global market in the coming period. The advancement in the proteomics and biologics market will enhance the protein expression research leading to the growth of the global market. However, the high consolidation in the market and the decrease in R&D cost may hinder the growth of the global protein expression market to some extent.
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Global Protein Expression Market: Segmentation
The global protein expression market is segmented based on application, expression systems, end-user, products, and region. The application segment is divided into therapeutic proteins, research applications, and industrial proteins. The end-user segment of protein expression market is classified into academic research, pharmaceutical, and biotechnology companies, and contract research organization. The product segment of the global market is diversified into an expression vector, competent cells, service, instruments, and reagent. The expression systems segment of the global protein expression market is divided into mammalian, insect, prokaryotic, baculovirus, yeast, and others.
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Global Protein Expression Market: Regional Analysis
North America is expected to dominate the global protein expression market in the near future owing to the huge research expenditures and greatly developed pharmaceutical industry, the rising acceptance for biotechnology-based therapeutics, and increasing participation by pharmaceutical companies in protein-based personalized and predictive medicines development. Asia is also anticipated to grow at a fast pace in the coming period due to the raised expenditure in the research and development sector and the vast unexploited ability of these markets.
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Global Protein Expression Market: Competitive Players
The prominent players in the global protein expression market include Bio-Rad Laboratories, Merck Millipore, Life Technologies Corporation, Agilent Technologies, Inc., and Thermo Fisher Scientific, Inc. The other major players in the global market are QIAGEN, Promega Corporation, Takara Bio, Inc., Sigma-Aldrich Corporation, and New England Biolabs, Inc.
Global Protein Expression Market: Regional Segment Analysis
The Middle East and Africa