Protein Characterization and Identification Market Insight Report 2027
The global Protein Characterization and Identification market gathered revenue around USD 13.1 Billion in 2021 and market is set to grow USD 25.0 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 14.9% during the prediction period 2021 to 2027.
Growth Factors:
The Market Proteins form the fundamental component of human life and thus, they are an important subject of study and research. Protein characterization and identification is the basic research process to analyze the contents of a protein-based on their molecular weight and their charge. The demand for protein characterization and identification is high for clinical diagnosis, agricultural and environmental research, and drug discovery and development. The research process finds application across end-use sectors such as pharmaceutical, biotechnology, contract research organizations, and academic research institutes.
The report on the global protein characterization and identification market encompasses all the important parameters of the market and its affiliated industries. The key trends and opportunities presented in the report are useful for existing as well as new players in formulating viable growth strategies. Besides, the detailed coverage of business strategies and latest developments of the leading companies in the market makes the report a reliable business tool. The report also sheds light on market segmentation on the basis of various criteria, including geography and application.
This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Protein Characterization and Identification market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Protein Characterization and Identification market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.
Report Coverage
| Report Scope | Details |
| Market Size | USD 25.0 Billion by 2027 |
| Growth Rate | CAGR of 14.9% From 2021 to 2027 |
| Base Year | 2020 |
| Forecast Period | 2021 to 2027 |
| Historic Data | 2017 to 2020 |
| Report coverage | Growth Factors, Revenue Status, Competitive Landscape, and Future Trends |
| Segments Covered | Product & Service, Application, End User and Region |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
| Companies Mentioned | Agilent Technologies, Bio-Rad Laboratories, Inc., Bruker Corp., Danaher Corp., GE Healthcare, Perkin Elmer, Shimadzu Corp., Sigma-Aldrich Corp., Thermo Fisher Scientific, and Waters Corp. |
COVID-19 Impact Assessment on Market Landscape
The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.
Protein Characterization and Identification market Report empowers readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.
Opportunities: Emerging markets
The Asia Pacific market is projected to offer growth opportunities for players owing to the rising focus on using protein analysis-based technologies for drug discovery, increasing R&D initiatives to develop innovative proteomic and genomic techniques, diversified healthcare markets, and improving research infrastructure. For instance, In May 2021, Purolite announced a strategic partnership with PharmNXT Biotech to offer Praesto mAb chromatography resin platform to South Korea and Singapore.
Challenges: Dearth of skilled professionals
For protein characterization and identification, sample preparation is a key step in isolating the analyte of interest, which helps eliminate interferences that could affect the result. The lack of knowledge regarding the right choice of technology and sample preparation also affects results and poses several direct and indirect expenses for end users.
Protein Characterization and Identification Market: Regional Analysis
North America accounted for the highest share of the protein characterization and identification market. On the other hand, the Asian market is anticipated to develop at the highest rate in the coming years and characterizes new revenue pockets for the protein characterization and identification market. Development in the Asia regional section is expected to be centered on India and China. The development in the Indian and Chinese economies and rising drug discovery initiatives will be a most important factor for development in the Asian protein characterization and identification market. The Asian section is also projected to observe a steady year-on-year development, owing to the raise in personal equity and project wealth investments in the field of biotechnology in the Asia-Pacific province.
Competitive Rivalry
Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
Some of the prominent players in the Protein Characterization and Identification Market include: Agilent Technologies, Bio-Rad Laboratories, Inc., Bruker Corp., Danaher Corp., GE Healthcare, Perkin Elmer, Shimadzu Corp., Sigma-Aldrich Corp., Thermo Fisher Scientific, and Waters Corp.
Unravelling the Critical Segments
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:
By Product & Service
By Application
By End User
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Highlights of the Report:
Research Methodology
In the study, a unique research methodology is utilized to conduct extensive research on the growth of the Protein Characterization and Identification market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the conclusions.
Secondary resources referred to by analysts during the production of the Protein Characterization and Identification market study are as follows - statistics from government organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of this report as a primary resource.
Comprehensive information acquired from primary and secondary resources acts as a validation from companies in the market, and makes the projections on the growth prospects of the Protein Characterization and Identification markets more accurate and reliable.
Secondary Research
It involves company databases such as Hoover's: This assists us recognize financial information, structure of the market participants and industry competitive landscape.
The secondary research sources referred in the process are as follows:
Primary Research
Primary research includes face-to face interviews, online surveys, and telephonic interviews.
Industry participants involved in this research study include:
Key Points Covered in Protein Characterization and Identification market Study:
Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles
(Upto 5 With No Cost)
Additional Countries (Apart
From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers