Covina, Sept. 21, 2023 (GLOBE NEWSWIRE) -- The process of synthesizing, regulating, and modifying proteins within a living organism are called as Protein Expression. Growing investment by pharmaceutical & biopharmaceutical companies in research & development activities due to rising demand for protein-based therapeutics in modern medicine has provided lucrative opportunities in target market growth.
Advancement in protein engineering coupled with artificial construction of recombinant proteins has further fueled the demand for target market growth. Further, growing presence of major players in development of protein-based therapeutics and emerging pharmaceutical companies across globe has boost the demand for Protein Expression market growth.
Key Highlights:
- In May 2023, 10x Genomics Inc., launched new ‘Visium CytAssist’ gene and protein expression product to expand the spatial analysis capabilities of Visium CytAssist. The expansion of Visium platform has strengthened its innovation and leadership in spatial biology.
Analyst View:
Presence of major players and increased funding in research and development activities in developed countries has become a leading factor in target market growth. Further, strong pipeline of biosimilars and growing market consolidation activities and collaborations among institutes and companies is expected to fruitful the demand for Protein Expression market growth over the forecast period.
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Report Scope:
| Attribute | Details |
| Base year for estimation | 2020 |
| Forecast period | 2020 – 2030 |
| Market representation | Revenue in USD Billion & CAGR from 2020 – 2030 |
| Market Segmentation | By Product- Instruments, Reagents, Services, and Other Products By Application– Cell culture, Protein purification, Membrane Proteins, and Transfection technologies By Expression Systems– Cell-Free, Bacterial, Yeast, Algal, Insect, Mammalian, and Others By End User- Academia, Industry, and Others |
| Regional scope | North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Key players:
- Agilent Technologies
- Bio-Rad Laboratories
- EMD Millipore
- Life Technologies Corporation
- Oxford Expression Technologies Ltd
- Promega Corporation
- QIAGEN N.V.
- TAKARA BIO INC
- Thermo Fisher Scientific Inc
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Market Drivers:
- Biopharmaceuticals: The growing demand for biopharmaceuticals, such as monoclonal antibodies, vaccines, and recombinant proteins, has driven the need for efficient protein expression systems.
- Research and Development: Academic and industrial research organizations continually require protein expression for studying protein function, drug discovery, and basic biological research.
- Therapeutic Applications: Protein expression plays a vital role in the development of gene and cell therapies, including gene editing techniques like CRISPR-Cas9.
- Industrial Applications: Protein expression is used in the production of enzymes, industrial chemicals, and biopolymers.
Trends and Challenges:
- Advancements in Expression Systems: Ongoing research is focused on improving expression systems to enhance protein yield, quality, and cost-effectiveness.
- High-Throughput Techniques: The development of high-throughput protein expression platforms allows for the rapid screening of various conditions and expression systems.
- Gene Editing Technologies: The integration of gene editing technologies like CRISPR-Cas9 has the potential to revolutionize protein expression by modifying host cells for improved production.
- Regulatory Challenges: The biopharmaceutical industry faces regulatory challenges in ensuring product quality and safety, which affect protein expression processes.
- Competitive Landscape: The protein expression market is highly competitive, with companies continually innovating to gain a competitive edge.
Key questions answered in Protein Expression Market:
- What is the Current Size and Growth Rate of the Protein Expression Market?
- What Are the Major Factors Driving Market Growth?
- Which Expression Systems Are Dominating the Market, and Why?
- Who Are the Key Players in the Protein Expression Market?
- What Regulatory Challenges and Compliance Issues Impact the Market?
- Are There Geographical Variances in Market Dynamics?
- How Does Pricing and Cost Structure Affect Market Competition?
- How Is Sustainability and Ethical Consideration Influencing the Market?
About us:
Prophecy Market Insights is specialized market research, marketing/business strategy, analytics, and solutions that offer strategic support to clients for making well-informed business decisions and identifying and achieving high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome transform and advance their businesses with growth.
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