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