Protein Characterization and Identification Market Size, Share & Trends Analysis By Product & Service, By Application, By End-Users, By, Regional Outlook, Competitive Strategies and Segment Forecasts to 2030

Protein Characterization and Identification Market Size, Share & Trends Analysis By Product & Service, By Application, By End-Users, By, Regional Outlook, Competitive Strategies and Segment Forecasts to 2030

The global protein characterization and identification market are projected to be worth USD 36.66 billion by 2030.

According to SPER Market Research, the Protein Characterization and Identification Market is estimated to reach USD 36.66 billion by 2030 with a CAGR of 12.6%. Upgraded Technology, discovery & development of novel drugs, and increasing approval of personalized medicine globally; are the fuels for the escalation of the market.

Impact of COVID-19 on the Protein Characterization and Identification Market

The outbreak of COVID-19, provide positive growth in this market, and big pharmaceutical and biopharmaceutical companies increased their investment in research & development, and manufacturing of vaccines and test kits in large numbers.

Scope of the Report:

Market size available for years 2019-2030
Base year considered 2021
Forecast period 2022-2030

Segments covered By Product & Service, By Application, By End-Users, By Region

Geographies covered North America, Europe, Asia Pacific, Latin America, Middle East, Africa

Companies Covered Advion, Inc., Agilent Technologies, Analytik Jena, Cleaver Scientific, Creative Proteomics, Danaher Corporation, HORIBA Ltd., JEOL Ltd., MassTech Inc., Merck KGaA, MS Bioworks, Promega Corporation, QIAGEN N.V., Rigaku Corporation, Sartorius AG, SERVA Electrophoresis GmbH, Thermo Fisher Scientific, VProteomics, Waters Corporation.

Driver: Increased investment in Research & Development

The increasing prominence of drug discovery and development, and increased investment in Research & Development lead to the expansion of the protein identification and characterization market.

Challenges: Lack of trained professional

Due to lacking skilled professionals, it is difficult to carry on the steps of Protein Characterization and Identification; this is a big challenge to this market.

Opportunity: Emerging economies

Due to the rising demand for protein analysis-based technologies for drug discovery, escalating research & development to produce genomic, and proteomic methodology, development of healthcare infrastructures, the Asia Pacific is going to bid enormous opportunities.

Global Protein Characterization and Identification Market, by Product & Service:

Based on the Product & Service, Global Protein Characterization and Identification Market is segmented as; Consumables (Chromatography Consumables, Electrophoresis Consumables, Immunoassay Consumables, Mass Spectrometry Consumables), Instruments (Chromatography Instruments, Electrophoresis Instruments, Label-free Detection Instruments, Mass Spectrometry Instruments, Spectroscopy Instruments), Services (Clinical Diagnosis, Drug Discovery & Development, Other Applications).

Global Protein Characterization and Identification Market, by Application:

Based on the Application, Global Protein Characterization and Identification Market is segmented as; Clinical Diagnosis, Drug Discovery & Development, Other Applications

Global Protein Characterization and Identification Market, by End-Users:

Based on the End-Users, Global Protein Characterization and Identification Market is segmented as; Academic Research Institutions, Contract Research Organizations, Pharmaceutical & Biotechnology Companies, and Other End Users.

Global Protein Characterization and Identification Market, by Region:

North America owns the prime share of this market; this is due to an increase in government funding for new innovations, and collaboration amongst the companies.