Protein Expression Market to Grow with a CAGR of 9.25% through 2029
Growing biopharmaceutical industry and increased investment in research and development are factors driving the Global Protein Expression Market in the forecast period, 2025-2029.
According to
TechSci Research report, “Protein Expression Market – Global Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2029F”, the
Global Protein Expression Market stood at USD 3.52 Billion in 2023 and is
anticipated to grow with a CAGR of 9.25% through 2029. The global protein expression market is experiencing notable growth, propelled by various factors shaping the biotechnology and pharmaceutical sectors. Protein expression, a cornerstone process in molecular biology, is indispensable for generating recombinant proteins essential in drug development, biotechnology research, and diagnostics. The biopharmaceutical industry has witnessed substantial growth, driven by escalating demand for biologics like monoclonal antibodies, vaccines, and gene therapies, all reliant on protein expression systems for production. Meeting the escalating biologics demand necessitates more efficient and scalable protein expression technologies, thus driving market growth.
Recent strides in genetic engineering techniques, exemplified by CRISPR-Cas9, have revolutionized genome manipulation, facilitating the engineering of host cells for protein expression with heightened efficiency and precision. These advancements broaden the market's potential by enhancing protein expression systems. The advent of personalized medicine, tailoring treatments to individual genetic profiles, amplifies the need for diverse protein expression systems. Personalized medicine often mandates the production of specific proteins or antibodies targeting unique molecular profiles, further fueling demand for customized solutions and bolstering the global protein expression market.
Increased government funding, private investments, and academic research in the life sciences sector have significantly augmented research and development endeavors. This heightened investment fosters innovation in protein expression technologies, resulting in the emergence of more efficient and cost-effective systems, thereby fostering market expansion.
Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Protein Expression Market”
The Global Protein
Expression Market is segmented into expression system, product, end user, regional distribution, and company.
Based
on End User, Academic Research have emerged as the dominating segment in the Global Protein Expression Market in 2023. Academic institutions serve as centers of innovation, propelling progress in protein expression technologies. Researchers within academia frequently pioneer fresh approaches and methodologies, extending the frontiers of protein expression capabilities. Furthermore, academic research plays a pivotal role in generating fundamental knowledge concerning protein expression systems, encompassing insights into molecular mechanisms, optimization of expression conditions, and exploration of novel applications. This reservoir of knowledge serves as a catalyst for further innovation and advancement within the field. Leveraging their appeal, academic institutions attract a diverse array of talented researchers, comprising graduate students, postdoctoral fellows, and faculty members, all committed to advancing the science of protein expression. This rich talent pool fosters collaboration and ingenuity, ultimately leading to groundbreaking discoveries and progressions.
Based on Region, Asia Pacific have emerged as the fastest growing region in the Global Protein Expression Market in 2023. The biopharmaceutical sector in the Asia Pacific region is undergoing rapid expansion, buoyed by factors such as escalating healthcare spending, heightened demand for cutting-edge therapies, and favorable regulatory landscapes. This surge in growth spurs the need for protein expression technologies critical in the production of biologics like monoclonal antibodies, vaccines, and gene therapies. Notably, countries such as China, India, South Korea, and Singapore are ramping up their investments in research and development (R&D) within the life sciences domain. This upsurge in R&D endeavors fosters innovation in protein expression technologies, propelling market expansion. Moreover, the Asia Pacific region is witnessing notable strides in genetic engineering techniques, protein expression systems, and bioprocessing technologies. These advancements bolster the efficiency, scalability, and cost-effectiveness of protein expression processes, thereby attracting investments and further driving market growth.
Major companies
operating in Global Protein Expression Market are:
·
Agilent Technologies, Inc.
·
Bio-Rad Laboratories, Inc.
·
Thermo Fisher Scientific, Inc.
·
Merck KGaA
·
New England BioLabs, Inc.
·
Promega Corporation
·
QIAGEN GmbH
·
Takara Bio, Inc.
·
Oxford Expression Technologies Ltd
·
LGC Genomics Limited
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“The global protein expression market is witnessing strong growth and holds promising prospects for the future, driven by a multitude of factors propelling the industry forward. The synergy of a flourishing biopharmaceutical sector, advancements in genetic engineering, heightened investment in research and development, trends towards personalized medicine, and the emergence of novel biotechnology applications are elevating the market to unprecedented levels. With the increasing demand for recombinant proteins and biologics, the protein expression market will continue to evolve dynamically, offering ample opportunities for innovation and expansion”, said Mr. Karan Chechi, Research Director of TechSci Research, a
research-based management consulting firm.
“Protein Expression Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Expression System (Prokaryotic, Mammalian Cell, Insect Cell, Yeast, Others), By Product (Reagents, Competent Cells, Expression Vectors, Services, Instruments), By End user (Pharmaceutical and Biotechnological Companies, Academic Research, Contract research organizations, Others), By Region and Competition, 2019-2029F”,
has evaluated the future growth potential of Global Protein Expression Market
and provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge 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 Expression Market.
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