The global protein expression technology market is segmented by expression type (mammalian, yeast, bacterial, insect, algae and cell free); by product type (reagents, component cell, expression vector, services and instruments); by application (cell culture, protein purification, membrane proteins and transfection technologies); by end-user industries (pharmaceutical companies, biotechnological labs, academics and others) and by regions. The Global market is demanding for better and innovative treatments which can cure in short span and effectively. The segment of mammalian expression is expected to grow higher within the forecast period.
Presently, the global Protein Expression Technology market is observing significant growth owing to increasing demand for innovative treatments in the medical industry. The growing technological advancement in R&D of Pharmaceutical labs and Biotechnological labs demands for expansion of the pharmaceutical industry which has resulted in massive growth of the protein expression market. High chronic disease rate demands for therapeutic proteins such as insulin, hormones, monoclonal antibodies and vaccines. This technology has large scale applications and cures a wide range of chronic diseases.
The data from World Bank, shows consequent rise in health investment from world’s GDP share with 9.9% share in 2015, followed by 9.5% in 2014 and 9.4% in 2013. This rising share in the health segment owing to rise the health facilities and drive the protein expression market during the forecast period. Protein Expression Technology Market is anticipated to mark a CAGR of 10.1%during the forecast period i.e. 2018-2027.North America in the protein expression technological category will dominate the market with a higher market value as compared to APEJ and Western Europe. Asian Pacific countries will observe a steady growth rate because of lesser complex government rules and regulations and easy availability of skilled professionals.
Steady Application in Protein Purification
Protein purification is defined as a series of processes used to separate one or few proteins from a complex cell or tissue mixture. Protein purification is essential for the segregating the function, structure and interactions of the proteins required. The purification process isolates the protein and non-protein parts from the mixture, and separates out the desired protein from the rest of the complex mixture.
However, development of low temperature Protein Expression Technology is at very high demand in the market usually because of rise in chronic diseases which hamper the life support systems of any age group but the cost of this technology is very high. The treatment costs are higher because of lower protein production capability. Thus, it has become little difficult for most of the population in the world to reach out for the treatment. This poses a threat in the development of the Protein Expression Technology market during the forecast period.
The report titled “Global Protein Expression Technology Market: Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the global Protein Expression Technology market in terms of market segmentation by expression type, product type, application, end-user industries and by regions.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
This report also provides the existing competitive scenario of some of the key players of the global Protein Expression Technology market which includes company profiling of Thermo Fisher Scientific Inc., QIAGEN N.V., Dickinson & Company, Agilent Technologies, Inc., Lucigen Corporation, Takara Bio Inc., Lonza Group Ltd., GenScript Biotech Corporation, Bio-Rad Laboratories, Inc.
The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global Protein Expression Technology market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.