Protein Expression Technology Market Research Report by Type, by Production Technology, by Application, by Function to Global Forecast 2022 to 2029
Protein Expression Technology Market alludes to the technique in which proteins are incorporated, adjusted and managed in living beings. The innovation associated with the procedure incorporates utilization of articulation vectors, reagents and competent cells. From 2022 to 2029, the global market for protein expression technology is anticipated to increase significantly at a 7.3% CAGR, with a market value of about US$ 2.4 Billion in 2022.
In 2021, the global
market for protein expression technology is expected to be dominated by
Mammalian Expression Systems, with a share of about 38.2%.
Drug discovery,
clinical research, and diagnostics are all undergoing radical changes as a
result of the high impact of developing technologies like proteomics. End users
in the life sciences sector are therefore seeking comprehensive integrated
solutions.
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According to this
extensive research, the global protein expression market is expected to grow at
a robust CAGR of 7.7% and reach a market size of more than US$ 3 Bn by
the end of 2027 from a value of around US$ 1,700 Mn in 2017. The
estimates are based on a systematic primary and secondary research, considering
the major drivers, restraints that are limiting the market and also the trends
following the global protein expression technology market.
Global Protein Expression Technology Market: Dynamics
The growth of
global protein technology market is contributed mostly by the advancements in
technology. It is also accompanied by many other factors that are helping in
the expansion of market. The major drivers are enhanced sales network and
distribution channels, increasing demand in proteomics and biologics and
growing demand for therapeutic antibody research. However, there are also a few
factors that are limiting the growth of global protein expression technology
market like in-house development of expression systems, high cost associated
with expression vectors and other reagents, complex workflow and also low
protein production which has the maximum restraining force.
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TOC @
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Key Market Segments Covered In Protein Expression Technology Market
Research
By Expression System :
·
Insect Cell Expression System
·
Prokaryotic Expression System
·
Mammalian Expression System
·
Yeast Expression System
·
Other
By Product :
·
Expression Vectors
·
Reagents
·
Competent Cells
·
Instruments
By Application :
·
Drug Discovery
·
Protein Purification
·
Protein Therapeutics
·
Diseases Diagnostic & Monitoring
By End User :
·
Biotechnology Companies
·
Pharmaceutical Companies
·
Contract Research Organisation
·
Academic Research Institute
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