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Global Protein Assays Strategic Business Report 2023: Rise in Biotech and Pharmaceutical R&D Expenditure Augurs Well for Market Growth

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Global Market for Protein Assays

Global Market for Protein Assays
Global Market for Protein Assays

Dublin, May 05, 2023 (GLOBE NEWSWIRE) -- The "Protein Assays: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Protein Assays estimated at US$2 Billion in the year 2022, is projected to reach a revised size of US$3.3 Billion by 2030, growing at a CAGR of 6.4% over the analysis period 2022-2030.

Reagents, one of the segments analyzed in the report, is projected to record a 6.7% CAGR and reach US$1.9 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Kits segment is readjusted to a revised 5.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $586 Million, While China is Forecast to Grow at 6% CAGR

The Protein Assays market in the U.S. is estimated at US$586 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$575.5 Million by the year 2030 trailing a CAGR of 6% over the analysis period 2022 to 2030.

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Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.8% and 5.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR.

Select Competitors (Total 11 Featured) -

  • Abcam PLC

  • Bio-Rad Laboratories, Inc.

  • Biovision Inc.

  • Cell Signaling Technology, Inc.

  • GE Healthcare Life Sciences

  • Geno Technology Inc.

  • Lonza Group AG

  • Merck KgaA

  • Novus Biologicals LLC

  • PerkinElmer, Inc.

  • Promega Corporation

  • Thermo Fisher Scientific, Inc.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

  • Global competitiveness and key competitor percentage market shares

  • Market presence across multiple geographies - Strong/Active/Niche/Trivial

  • Online interactive peer-to-peer collaborative bespoke updates

  • Access to digital archives and Research Platform

  • Complimentary updates for one year

Key Attributes:

Report Attribute

Details

No. of Pages

308

Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$2 Billion

Forecasted Market Value (USD) by 2030

$3.3 Billion

Compound Annual Growth Rate

6.5%

Regions Covered

Global

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights

  • World Market Trajectories

  • An Overview of Protein Assays Market

  • Protein Assays - Global Key Competitors Percentage Market Share in 2022 (E)

  • A Prelude into Market Leading Players

  • Protein Assay Market: Percentage Breakdown of Product Sales Volume by Leading Player (2018)

  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Increase in R&D Initiatives by Public and Private Companies is anticipated to Bolster Market Demand

  • Encouraging initiatives in Proteomics Research is Fuelling Worldwide Protein Assay Market

  • Rise in Biotech and Pharmaceutical R&D Expenditure Augurs Well for Market Growth

  • Global Pharmaceutical Industry: Breakdown of Total R&D Spend in USD Billion for years 2018, 2019, 2020, 2021, 2022

  • Increase in Cancer Prevalence: An Opportunity Indicator for Protein Assays Market

  • Increase in Technological Advancements to Fuel Growth in Protein Assay Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/tdxj4d

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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