Global Cell-free Protein Expression Technology Market Growth (Status and Outlook) 2024-2030
Cell-free protein expression technology refers to a biochemical method used to produce proteins outside of living cells, typically in vitro. It involves utilizing the cellular machinery necessary for protein synthesis, such as ribosomes, tRNAs, amino acids, and enzymes, but without the need for intact cells. This technology allows researchers to control and optimize protein production in a controlled environment, bypassing the complexities associated with cellular growth and metabolism.Cell-free systems offer several advantages over traditional cell-based methods, including rapid protein production, flexibility in experimental design, and the ability to incorporate non-natural amino acids or isotopically labeled amino acids for specialized applications like structural biology or metabolic engineering. These systems are utilized in various fields such as biotechnology, pharmaceutical research, and synthetic biology, where precise and scalable protein synthesis is required.
The global Cell-free Protein Expression Technology market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LPI (LP Information)' newest research report, the “Cell-free Protein Expression Technology Industry Forecast” looks at past sales and reviews total world Cell-free Protein Expression Technology sales in 2022, providing a comprehensive analysis by region and market sector of projected Cell-free Protein Expression Technology sales for 2023 through 2029. With Cell-free Protein Expression Technology sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cell-free Protein Expression Technology industry.
This Insight Report provides a comprehensive analysis of the global Cell-free Protein Expression Technology landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Cell-free Protein Expression Technology portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cell-free Protein Expression Technology market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cell-free Protein Expression Technology and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cell-free Protein Expression Technology.
According to the Global Use of Medicines 2023 released by IQVIA Institute, the global drug expenditure in 2022 was about US$1.48 trillion (excluding COVID vaccine and treatment-related expenses), and it is predicted to grow at a rate of 3%-6% in the next few years. In terms of drug expenditure, this number in China was about 166 billion dollars in 2022. It is expected that the expenditure on medicines will increase in the next few years. From the perspective of demand, the trend of population aging, the increase of residents’ wealth and the improvement of health awareness will drive the demand for medicines.
Global Use of Medicines 2023 shows that the U.S. market spent about US$ 62.9 billion on medicines in 2022 on a net ex-factory basis. Overall growth slows as the Inflation Reduction Act (IRA) spends US$64 billion to reduce prescription drug prices, and the adoption of new treatments is expected to increase over the next few years. Besides, ex-factory discounts and rebates in drug distribution, the impact of patent expiration, and generic or biosimilar competition will also affect the U.S. pharmaceutical market.
This report presents a comprehensive overview, market shares, and growth opportunities of Cell-free Protein Expression Technology market by product type, application, key players and key regions and countries.
Segmentation by Type:
System
Reagents
Segmentation by Application:
Pharmaceutical Companies
Research Institutes
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
System
Reagents
Segmentation by Application:
Pharmaceutical Companies
Research Institutes
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Thermo Fisher Scientific
Promega
Takara Bio
New England Biolabs
Creative Biolabs
CellFree Sciences
Synthelis
Arbor Bioscience
Cube Biotech
Cambridge Isotope Laboratories
Profacgen
Bioneer
GeneCopoeia
Please note: The report will take approximately 2 business days to prepare and deliver.