3D Protein Structure Analysis Market to be dominated by Growing Advancement in Tools and Techniques through 2027
Growing research and
development (R&D) in drug discovery and development to drive the 3D protein
structure analysis market in the forecast period, 2023-2027.
According to TechSci Research report, “3D
Protein Structure Analysis Market - Global Industry Size, Share, Trends, Opportunity,
and Forecast, 2017-2027”, the global 3D protein structure analysis market is
anticipated to grow at a significant rate in the forecast period, 2023-2027. The
growing focus on automation and miniaturization in X-ray crystallography
workflow, and extensive research and development are the primary factors
driving the demand for the global 3D protein structure analysis market. Growing
adoption of advanced technology, growing strategic acquisitions, collaborations
and mergers, the rising prevalence of chronic, infectious, and
protein-deficient diseases, and heavy government grants are expected to
influence the market demand. Also, the rising research and development
(R&D) expenditure for drug discovery and development are also a key factor
for the growth of the 3D protein structure analysis market, globally.
However, the high cost and time-consuming method,
certain instrument limitations pertaining to 3D protein structure analysis, and
lack of skilled professionals may hamper the growth of the global 3D protein
structure analysis market.
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data Figures spread through 110 Pages and an in-depth TOC on "3D Protein Structure Analysis Market"
The global 3D protein
structure analysis market is segmented into media type, end user and company.
Based on component, the
market is divided into instruments, consumables, and software. The consumables segment
is expected to hold the largest market share. This is attributed to the
availability of several reagents, kits, screens, solvents, and others, which is
used in different technologies.
Based on technique, the
market is divided into x-ray crystallography, nuclear magnetic resonance (NMR)
spectroscopy, cryo-electron microscopy (Cryo-EM), and small angle x-ray
scattering (SAXS). The x-ray
crystallography segment is expected to hold the largest market share. This is
attributed to the availability to provides the best visualization of protein
structure.
Based on end user, the market
is divided into biotechnology & pharmaceutical companies, academic &
research institutions, and others. The
biotechnology & pharmaceutical companies segment is anticipated to grow
during the forecast period. This is attributed to the growing application of
protein structure analysis such as drug development, expansion of biotech and
pharma companies, and heavy investments by the government.
Major operating companies
operating in global 3D protein structure analysis market are:
- Bruker Corporation
- JEOL Ltd.
- Spectris plc
- Thermo Fisher Scientific Inc.
- Merck KGaA
- Schrodinger, Inc.
- Cambridge Isotope Laboratories, Inc.
- Rigaku Corporation
- Jena Bioscience GmbH
- Dassault Systèmes SE
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“North America region dominates the
market in 2021 and is expected to maintain its dominance in the coming years
due to growing investment and funding to accelerate proteomics research, and rising
adoption of technically advanced products. The high investment in R & D, developed
and well-structured health care system, presence of prominent players, and increasing
emphasis of stakeholders on research projects including proteins in the region are
another key factor. Also, growing number of collaborations, and agreements among
key companies in the region are expected to propel the global 3D protein
structure analysis market growth till 2027” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“3D Protein Structure
Analysis Market - Global Industry Size, Share, Trends, Opportunity, and
Forecast, 2017-2027 Segmented By Component (Instruments, Consumables,
Software), By Technique (X-ray Crystallography, Nuclear Magnetic Resonance
(NMR) Spectroscopy, Cryo-Electron Microscopy (Cryo-EM), Small Angle X-Ray
Scattering (SAXS)), By End User (Biotechnology & Pharmaceutical Companies,
Academic & Research Institutions, Others), By company and By Region”, has evaluated the future growth
potential of global 3D protein structure analysis 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 3D protein structure analysis market.
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