Global Proteomics Market
The GMI Research forecasts that the Proteomics Market is witnessing an upsurge in demand over the forecast period. This is mainly due to the rise in research activity, especially in personalized medicine and drug discovery.
Introduction of the Proteomics Market
Proteomics, the study of proteins, refers to the entire set of proteins produced or modified by an organism or system. They allow the identification of ever-increasing numbers of proteins. This varies with time and distinct requirements or stresses that a cell or organism undergoes.
Key Players of the Global Proteomics Market:
- Illumina, Inc.
- PerkinElmer Inc.
- APPLIED BIOMICS, INC.
- Hoffmann-La Roche Ltd
- Bio-Rad Laboratories, Inc.
- Agilent Technologies, Inc.
- Luminex Corporation
- Thermo Fisher Scientific, Inc.
- Sigma-Aldrich Co.
- Promega Corporation
Proteomics Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
The strategic rules and governmental policies to stimulate the research and development in proteomics are the major factors driving the proteomics market growth. For example, European Union, in 2019, offered ten million euros to 18 European research groups, which raised the market share. The Center for Biologics Evaluation and Research monitors the acceptance of all biological products by enabling their safety and efficacy. The FDA is involved in studying analytical tools to characterize biological products and validate biomarkers, strengthening the proteomics market size.
Furthermore, the mounting cases of diabetes, cancer, and cardiovascular have bolstered the market growth. Their outrageous progress proves to be a potent tool to offer information pertaining to a wide range of diseases. The modernization in this field includes multiple reactions monitoring, quantifying the proteins in the cerebrospinal fluid to detect later stages of multiple sclerosis have contributed to the market growth. However, excessive association with components and a lack of skilled professionals will hinder the proteomics market share.
Product Segment Drivers
Based on the product, regents will account for the largest share over the coming years owing to the extensive research in academic institutes and high-frequency usage of reagents, kits, chemicals, and strips to analyze biological samples. The initiation of technologically sophisticated instruments, such as 2-D electrophoresis protein analyzers will bolster the market growth. The implementation of Instruments including biochip analyzers and electrophoresis instruments to quantify proteins in research institutes and labs has supplemented the market share.
Technology Segment Drivers
Based on technology, the microarray is forecasted to lead the market during the coming years owing to the advantage of label-free detection, direct and absolute quantification, and full imprint of proteins. The extensive analysis of proteins through techniques like x-ray crystallography, protein fractionation systems, microarray, and surface plasma resonance offers the view of molecular and cellular functions to offer access to overall information of the complex processes in the living systems. The growing importance of targeted treatment has supplemented the market growth.
Regional Drivers
Based on the regional coverage, North America is expected to dominate the market over the forecast period. As per the “Department of Health and Human Services” valued the combined budget for building the technologies and systems to be US$ 900 billion in 2018. In addition, the aggravating role in diagnosing and detecting cancer led by the increasing burden of chronic diseases like cancer, diabetes, etc., will proliferate the market growth.
Proteomics Market Segmentation:
Segmentation by Product
- Chemical Control Services
- Instruments
- Reagents
- Services
Segmentation by Technology
- Microarray
- X-Ray Crystallography
- Spectroscopy
- Chromatography
- Protein Fractionation Systems
- Electrophoresis
- Surface Plasma Resonance Systems
Segmentation by Application
- Drug Discovery
- Disease Diagnosis
- Others
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.
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