Protein Engineering Market to grow with a CAGR of 12.25% through 2030
Increasing healthcare infrastructure and a supportive regulatory environment is expected to drive the Global Protein Engineering Market growth in the forecast period, 2026-2030.
According
to TechSci Research report, “Global Protein Engineering Market Industry
Size, Share, Trends, Competition, Opportunity and Forecast, 2030”, Global Protein Engineering
Market has valued at USD 2.87 Billion in 2024 and is anticipated to witness an
impressive growth in the forecast period with a CAGR of 12.25% through 2030. This
can be due to collaborations and partnerships among leading companies with a
diverse approach to merge the expertise of individual companies and to
strengthen their position in the market.
Advancements
in genomic research have indeed been a driving force behind the increasing
demand in the global protein engineering market. Genomic research, which
involves the study of an organism's complete set of genes (its genome), has
provided valuable insights into the genetic basis of various diseases and
biological processes. Genomic research has led to the identification of
specific genes and proteins associated with diseases. This knowledge provides a
basis for developing targeted therapies. Protein engineering is crucial in
designing and optimizing these therapeutic proteins. Genomic data allows for
the identification of genetic variations that impact an individual's response
to treatments. Protein engineering enables the customization of therapeutic
proteins to match the genetic and molecular profiles of individual patients,
facilitating personalized medicine. Understanding the functions of genes and
their protein products is a key goal of genomics. Protein engineering techniques
are used to investigate protein functions and interactions, aiding in the
interpretation of genomic data. Genomic research often provides genetic
sequences, but understanding the three-dimensional structures of proteins is
crucial for drug design. Protein engineering helps predict and design protein
structures, improving drug development.
Protein
engineering is the process by which a researcher modifies a protein sequence by
inserting, swapping, or deleting nucleotides in the encoding gene to produce a
modified protein that is better suited than an unmodified protein for a
specific application or purpose. Because more designed proteins and amino acids
are being produced around the world, the industry for protein engineering is
expanding quickly and offering several potentials for expansion. The market is
expanding favorably as protein medications are increasingly preferred to
non-protein ones. The prevalence of lifestyle-related and chronic disorders
such high blood pressure, cardiovascular disease, diabetes, and others will
also increase market demand.
The cost of
development is a significant challenge in the global protein engineering
market. Developing protein-based products, whether they are therapeutic drugs,
industrial enzymes, or agricultural innovations, can be expensive and
resource-intensive.
Protein engineering projects often require extensive
research and development efforts, including molecular biology experiments,
protein expression and purification, and functional characterization. These
activities can incur substantial costs in terms of laboratory equipment,
materials, and personnel.
State-of-the-art laboratory equipment, including mass
spectrometers, X-ray crystallography machines, and high-throughput screening
systems, is necessary for protein engineering research. Maintaining and
upgrading this infrastructure can be costly. Computational
protein design and structural modelling require access to high-performance
computing clusters and specialized software. The cost of computational
resources can be a significant factor.
Browse over XX market data Figures and spread through XX Pages and an in-depth TOC on "Protein Engineering Market”
Global Protein Engineering Market segmentation is
based on Product Type, Technology, End User, Region and Company.
Based on Product Type, The vaccines category is expected to experience the fastest growth in the protein engineering market. This growth is driven by the increasing demand for innovative vaccines, particularly in the development of protein-based vaccines aimed at preventing infectious diseases. Advances in protein engineering techniques, such as antibody engineering, recombinant DNA technology, and protein expression systems, have significantly contributed to the efficiency and specificity of vaccine development. As the global healthcare landscape continues to prioritize disease prevention and vaccination programs, the need for more advanced, tailored vaccine solutions is fueling the expansion of this market.
Based on Region, Asia-pacific region to fastest growth in
the Global Protein Engineering Market. The Asia-Pacific region, particularly
countries like China, India, and South Korea, has been experiencing significant
growth in its biotechnology and pharmaceutical sectors. These countries have
made substantial investments in research and development, leading to increased
interest and activity in protein engineering. The region offers competitive
operating costs compared to Western countries, making it attractive for
companies looking to establish research and manufacturing facilities for
protein-based products. Many governments in the Asia-Pacific region have been
actively supporting the growth of the biotechnology and life sciences sectors
through funding, grants, and favorable regulatory policies. This support
encourages innovation and investment in protein engineering. The region's large
and increasingly affluent population provides a growing market for
biopharmaceuticals and other protein-based products. The demand for advanced
therapies and medicines drives the need for protein engineering research and
development.
Some
of the major companies operating in the Global
Protein Engineering Market include:
- Agilent
Technologies Inc.
- Amgen
Inc.
- Bruker
Corporation
- Bio-Rad
Laboratories Inc.
- Eli
Lilly and Company
- Merck
KGaA
- Novo
Nordisk AS
- PerkinElmer
Inc.
- Thermo
Fisher Scientific Inc.
- Waters
Corporation
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"The growing demand for biopharmaceutical products is expected to drive significant growth in the global protein engineering market. With the increasing need for innovative treatments, vaccines, and therapeutic solutions, protein engineering is playing a key role in the development of new biopharmaceuticals. The rapid advancements in protein design and optimization, as well as the rising investments in research and development, are contributing to the market’s expansion. The presence of well-established companies focused on enhancing healthcare through biopharmaceutical innovation and the rise of new players bringing cutting-edge technologies to the forefront are expected to fuel this remarkable growth in the forecast period," said Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm.
"Protein
Engineering Market - Global Industry Size, Share, Trends, Opportunity, and
Forecast, Segmented by Product Type (Insulin, Monoclonal Antibodies,
Coagulation Factors (Blood Factors + Tissue Plasminogen), Vaccines, Growth
Factors (Hormones + Cytokine), and Other Product Types), Technology (Irrational
Protein Design and Rational Protein Design), End User (Pharmaceutical and
Biotechnology Companies, Academic Institutions, and Contract Research
Organizations (CROs)), By Region and Competition, 2020-2030F," evaluated
the future growth potential of Global Protein
Engineering Market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide innovative market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Protein Engineering Market.
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