Global Protein expression Market is valued approximately at USD 1844.2million in 2018 and is anticipated to grow with a healthy growth rate of more than 11.50% over the forecast period 2019-2026. Protein expression is a technique or methodology through which proteins are characterized, modified, regulated, and produced in living organisms. It is a vital part of proteomics which consents the expression recombinant proteins in numerous host structures or living cell. protein is regulated depending upon functional need in the host cell. Key driver boosting the global protein expression market is growing demand of products for the treatment of severe chronic diseases. In addition, growing geriatric population, demand of protein biologics, technological advancement in the protein expression system are driving the market of protein expression. However, high cost of protein expression reagents and instruments along with growing consolidation are the major restraining factors of the protein expression market.
The regional analysis of global Protein expression market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is expected to dominate the global protein expression market over the forecast period. Due to presence of large biotechnology, biopharmaceuticals, and pharmaceutical companies such as F. Hoffmann-La Roche Ltd, Pfizer Inc., Merck KGA, and Amgen Inc. in this region. According to International Trade Administration, United States is the largest market for biopharmaceuticals due to high number of biopharmaceutical research and development (R&D) activities. Moreover, Asia Pacific is expected to be fastest growing region is also owing to the growth in the biotechnology firms and related R&D activities. According to India Brand Equity Foundation (IBEF), biotechnology industry in India is growing at a significant pace. Thus, rise in the research and development activities by biopharmaceutical and biotechnology industry is expected to fuel the market growth.
Major market player included in this report are:
Agilent Technologies, Inc.
Bio-Rad Laboratories, Inc.
Becton Dickinson & Company
Genscript Biotech Corporation
Jena Bioscience Gmbh
New England Biolabs Inc.
Thermo Fisher Scientific Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By System type:
Algal-Based Expression Systems
Cell-Free Expression Systems
Insect Cell Expression Systems
Mammalian Cell Expression Systems
Prokaryotic Expression Systems
Yeast Expression Systems
By Product and Service:
By end user
Academic Research Institutes
Contract Research Organizations
Pharmaceutical and Biotechnology Companies
Other End Users
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Protein expression Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers