Fast Market Research announces the availability of the new TechNavio report, "Global Protein Crystallization and Crystallography Market 2016-2020", on their comprehensive research portal
Boston, MA -- (SBWIRE) -- 12/22/2015 -- Outlook of the global protein crystallization and crystallography market
Technavio's market research analyst predicts the global protein crystallization and crystallography market to grow at a steady CAGR of more than 7% and 10% by 2020, respectively. Factors such as the recent increase in the demand for protein crystals for structural determination, especially for X-ray crystallography, and the augmented need for high-resolution information on the structure and nature of protein molecules, for applications like drug discovery, protein research, and protein engineering, will result in the growth of this market during the predicted period.
The augmented application of protein crystallography techniques in material sciences will be the key driver for the growth of this market. Protein crystallography techniques are primarily used in the pharmaceutical and biotechnology industries to aid in genetic engineering and drug discovery processes. Moreover, the ability of crystallography techniques to facilitate the study of the crystallization properties of cocoa butter, which is the most important ingredient in chocolate, is a significant factor that impels market growth during the estimated period.
Get More Details on this Report and a Full Table of Contents at Global Protein Crystallization and Crystallography Market 2016-2020
Segmentation by technique employed and analysis of the protein crystallization and crystallography market
In this market analysis, analysts have estimated the X-ray crystallography segment to be the largest market segment during the forecast period. This segment currently accounts for a market share of more than 64% of the total market share and is envisaged to retain its dominating hold over the market by 2020 owing to the simplicity of the process and its low cost of operation, especially when compared to cryo-electron microscopy.
Geographical segmentation of the protein crystallization and crystallography market
Technavio market research analysts have estimated the Americas to be the highest revenue generating market segment during the predicted period. The presence of a vast number of pharmaceutical and biotechnology companies, which focus on R&D activities and various drug discovery processes, in the North American region, is a significant factor that will result in this geography's impressive market value of more than USD 566 million by 2020.
Competitive landscape and key vendors
The global protein crystallization and crystallography market is competitive and is primarily dominated by large vendors like Bruker and Formulatrix. The large providers in this market have a strong global presence, with support centers spread across the globe. The competitive environment in this market is likely to intensify owing to the recent increase in product extensions, new product launches, and new applications of products as well as services.
Key vendors in this market are -
Other prominent vendors in the market include Agilent, Anton Paar, Art Robbins Instruments, Bio-Rad Laboratories, Crelux, Danaher, Dynamic Devices, Emerald BioStructures, Fluidigm, GE Healthcare Life Sciences, Helena Laboratories, Jena Bioscience, Life Technologies, Lonza Group, MiTeGen, Oxford Instruments, PerkinElmer, Qiagen, SERVA Electrophoresis, Sigma-Aldrich Tecan, and Thermo Fisher Scientific.
Key questions answered in the report include
-What will the market size and the growth rate be in 2020?
-What are the key factors driving the global protein crystallization and crystallography market?
-What are the key market trends impacting the growth of the protein crystallization and crystallography market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the vendors in the global protein crystallization and crystallography market?
-Trending factors influencing the market shares of the Americas, APAC, and EMEA?
-What are the key outcomes of the five forces analysis of the protein crystallization and crystallography market?
Technavio also offers customization on reports based on specific client requirement.
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Companies Mentioned in this Report: Bruker, Formulatrix, Hampton Research, Molecular Dimensions, Rigaku, Agilent, Anton Paar, Art Robbins Instruments, Bio-Rad Laboratories, Crelux, Danaher, Dynamic Devices, Emerald BioStructures, Fluidigm, GE Healthcare Life Sciences, Helena Laboratories, Jena Bioscience, Life Technologies, Lonza Group, MiTeGen, Oxford Instruments, PerkinElmer, Qiagen, SERVA Electrophoresis, Sigma-Aldrich Tecan, Thermo Fisher Scientific.
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