Dublin, Oct. 13, 2021 (GLOBE NEWSWIRE) -- The "Global Protein Expression Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product (Competent Cells, Expression Vectors, Reagents and Instruments); Services; Application; End User and Geography" report has been added to ResearchAndMarkets.com's offering.
The global protein expression market is expected to reach US$ 4,000.67 million in 2028 from US$ 2,221.73 million in 2021. The market is estimated to grow with a CAGR of 8.8% from 2021-2028.
The growth of the market is attributed to some key driving factors such increasing incidence of chronic diseases, growth in the geriatric population, and increasing demand for protein biologics. Emerging economies are likely to create significant growth opportunities for players in the market.
Protein expression is a process in which proteins are synthesized, modified and regulated. Protein expression involves laboratory techniques & procedures which aid in manufacture of proteins. The technique allows to produce and purify the desired protein, either inside or outside a cell. The proteins synthesized using protein expression technique can be used for industrial processes or to diagnose and to treat diseases. Protein expression provides substrates or enzymes required for further analysis.
Technological advancements have increased the adoption of molecular biology techniques for developing therapeutic or treatment modalities. Many therapeutic modalities utilize genomic, transcriptomic information that facilitates the discovery of biomarkers to monitor diseases and predicts their risks. The use of personalized or precision medicines has dramatically risen due to the awareness of genetic variations among people. For instance, mRNA-mediated therapy is used to treat several diseases. The treatment is characterized by decreased immunogenicity, superior translation efficacy, enhanced stability, pharmaceutical safety, and transient protein expression since only the mRNA is modified without incorporating the host genome.
Similarly, the pharmaceutical and biotechnology industries have developed various techniques to treat cancer and neurodegenerative diseases. The transient gene expression technique has led to significant developments in the research related to neurotrauma and neurodegenerative, and introduced precision medicines for these conditions. Technological advancements in epigenetics, genetics, and proteomics support the development of therapeutics for the treatment of various genetic and rare genetic diseases caused by single and multiple cell disorders.
The Precision Medicine Initiative, which was launched in the US in 2015, has enhanced the use of genetic engineering, genomics, and proteomics, thereby increasing protein expression techniques. Thus, the continuous research and development activities and growing government initiatives to support precision medicine boost the adoption of protein expression techniques.
Based on product type, the protein expression market is segmented into instruments, reagents, expression vectors, and competent cells. The reagents segment held the largest share of the market in 2021. Also, the reagents segment is estimated to register the highest CAGR of 9.5% in the market during the forecast period.
Based on services, the protein expression market is segmented into antibody development & production, protein expression & production, hybridoma one-stop services, stable cell line development, bioanalytical assay services. The antibody development & production segment held the largest share of the market in 2021. However, same segment is estimated to register the highest CAGR of 9.7% in the market during the forecast period.
Based on application, the protein expression market is segmented into research, therapeutic, industrial. The therapeutic segment held the largest share of the market in 2021 and same segment is estimated to register the highest CAGR of 9.4% in the market during the forecast period.
Based on end user, the protein expression market is segmented into pharmaceutical and biotechnology companies, academic research institutes, and contract research organizations. The pharmaceutical and biotechnology companies segment held the largest share of the market in 2021. Also, the segment is estimated to register the highest CAGR of 5.6% in the market during the forecast period.
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Key Topics Covered:
2. Protein Expression Market - Key Takeaways
3. Research Methodology
4. Global Protein Expression Market - Market Landscape
4.2 PEST Analysis
4.2.1 North America - PEST Analysis
4.2.2 Europe - PEST Analysis
4.2.3 Asia Pacific - PEST Analysis
4.2.4 Middle East and Africa (MEA) - PEST Analysis
4.2.5 South and Central America (SCAM) - PEST Analysis
4.3 Expert Opinions
5. Protein Expression Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Applications of Protein Expression
5.1.2 Growing Adoption of Precision Medicines
5.2 Market Restraints
5.2.1 High Cost of Products
5.3 Market Opportunities
5.3.1 Growing Funding for Genomics and Proteomics Research
5.4 Future Trends
5.4.1 Growing Traction Toward Recombinant Proteins
5.5 Impact Analysis
6. Protein Expression Market - Global Analysis
6.1 Global Protein Expression Market Revenue Forecast And Analysis
6.2 Global Protein Expression Market, By Geography - Forecast And Analysis
6.3 Market Positioning
7. Protein Expression Market- By Product Type
7.2 Protein Expression Market Share, by Product Type, 2021 and 2028 (%)
7.3.2 Instruments: Protein Expression Market- Revenue and Forecast to 2028 (USD Million)
7.4.2 Reagents: Protein Expression Market- Revenue and Forecast to 2028 (USD Million)
7.5 Expression Vectors
7.5.2 Expression Vectors: Protein Expression Market- Revenue and Forecast to 2028 (USD Million)
7.6 Competent Cells
7.6.2 Competent Cells: Protein Expression Market- Revenue and Forecast to 2028 (USD Million)
8. Protein Expression Market- By Services
8.2 Protein Expression Market Share, by Services, 2021 and 2028 (%)
8.3 Antibody Development & Production
8.3.2 Antibody Development & Production: Protein Expression Market- Revenue and Forecast to 2028 (USD Million)
8.4 Protein Expression & Production
8.4.2 Protein Expression & Production: Protein Expression Market- Revenue and Forecast to 2028 (USD Million)
8.5 Hybridoma One-Stop Services
8.5.2 Hybridoma One-Stop Services: Protein Expression Market- Revenue and Forecast to 2028 (USD Million)
8.6 Stable Cell Line Development
8.6.2 Stable Cell Line Development: Protein Expression Market- Revenue and Forecast to 2028 (USD Million)
8.7 Bioanalytical Assay Services
8.7.2 Bioanalytical Assay Services: Protein Expression Market- Revenue and Forecast to 2028 (USD Million)
9. Protein Expression Market- By Application
9.2 Protein Expression Market Share, by Application, 2021 and 2028 (%)
9.3.2 Research: Protein Expression Market- Revenue and Forecast to 2028 (USD Million)
9.4.2 Therapeutics: Protein Expression Market- Revenue and Forecast to 2028 (USD Million)
9.5.2 Industrial: Protein Expression Market- Revenue and Forecast to 2028 (USD Million)
10. Protein Expression Market- By End User
10.2 Protein Expression Market Share, by End User, 2021 and 2028 (%)
10.3 Pharmaceutical and Biotechnology Companies
10.3.2 Pharmaceutical and Biotechnology Companies: Protein Expression Market- Revenue and Forecast to 2028 (USD Million)
10.4 Academic Research Institutes
10.4.2 Academic Research Institutes: Protein Expression Market- Revenue and Forecast to 2028 (USD Million)
10.5 Contract research organizations
10.5.2 Contract research organizations: Protein Expression Market- Revenue and Forecast to 2028 (USD Million)
10.6.2 Others: Protein Expression Market- Revenue and Forecast to 2028 (USD Million)
11. Global Protein Expression Market - Geographic Analysis
12. Impact of COVID-19 Pandemic on Global Protein Expression Market
12.1 North America: Impact Assessment of COVID-19 Pandemic
12.2 Europe: Impact Assessment of COVID-19 Pandemic
12.3 Asia Pacific: Impact Assessment of COVID-19 Pandemic
12.4 Rest of the World: Impact Assessment of COVID-19 Pandemic
13. Protein Expression Market-Industry Landscape
13.2 Developments Done By Companies
14. Company Profiles
14.1 THERMO FISHER SCIENTIFIC INC.
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 MERCK KGaA
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Agilent Technologies, Inc.
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Takara Bio Inc.
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 BIO-RAD LABORATORIES INC.
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 New England Biolabs
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Promega Corporation
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Oxford Expression Technologies
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
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