The global protein crystallization market size was exhibited at USD 2.19 billion in 2022 and is projected to hit around USD 4.84 billion by 2032, growing at a CAGR of 8.26% during the forecast period 2023 to 2032.
Key Pointers:
Protein Crystallization Market Report Scope
Report Coverage | Details |
Market Size in 2023 | USD 2.37 Billion |
Market Size by 2032 | USD 4.84 Billion |
Growth Rate from 2023 to 2032 | CAGR of 8.26% |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Segments Covered | Product, Technology, End-user |
Regional Scope | North America; Europe; Asia Pacific; Central and South America; the Middle East and Africa |
Key Companies Profiled | Rigaku Corporation; FORMULATRIX; METTLER TOLEDO; Corning Incorporated; Greiner Bio-One International GmbH; HAMPTON RESEARCH CORP; Jena Bioscience GmbH; Bruker; Creative Proteomics; Molecular Dimensions |
The rising demand for protein-based therapeutics, increasing funding & investments in proteomics research, and technological advancements in crystallography techniques are the key factors driving the market. Furthermore, major pharmaceutical applications associated with crystallization such as drug development, formulation, purification & separation, and drug delivery are anticipated to further boost the market during the study period.
Increasing funding & investments by several pharmaceutical and biotechnological companies are enhancing the R&D activities of proteomics in drug development. For instance, in January 2022, Protai raised funding of USD 8.0 million to develop a proteomics-based platform. This platform enables the viewing of new layers of disease on the protein level to reshape the drug discovery and development process. Hence, increasing funding may boost R&D activities, which ultimately increases the demand for protein crystallization techniques.
The sudden outbreak of COVID-19 led to an upsurge in research and development activities to design vaccines and drugs. Hence, it was important for researchers to study the structure, function, and pathogenesis of the virus. The crystallization techniques help researchers to determine the structure of SARS-CoV-2 proteins for the development of novel vaccines to treat the disease. For instance, researchers at Serum Institute of India Pvt. Ltd. developed a COVOVAX protein recombinant vaccine for COVID-19. Thus, the COVID-19 pandemic had a positive impact on the market.
Moreover, an increasing number of individuals have been utilizing protein-based drugs owing to their advantages such as low toxicity, high potency & specificity, and high tolerance by the human body. In addition, major players in the market are entering into partnerships and collaborations to develop protein-based therapeutics at more affordable costs for patients. For instance, in January 2022, Amgen entered into collaboration with Generate Biomedicines to discover and develop proteins for five targets across multiple modalities and therapeutic areas. Thus, such initiatives are expected to drive the adoption of protein crystallization methods during the estimated timeframe.
Furthermore, protein crystallization may aid in the identification of potential treatments for multiple diseases, from muscular dystrophy to cancer. For instance, according to an article published on NASA in July 2022, as said by researchers at the Japan Aerospace Exploration Agency, protein crystal growth in space may slow the progression of muscular dystrophy by half and potentially double the life span of many patients. Hence, the increasing R&D activities on protein crystals can significantly fuel the market during the estimated timeframe.
On the other hand, the high cost of instruments may restrain the market during the forecast years. On average a cryo-electron microscope costs about USD six million to seven million and an additional investment has to be spent on the infrastructure and supporting equipment. Such high costs may not be affordable for small- and medium-sized laboratories, which hampers market growth to a certain extent. In addition, challenges associated with the formulation and delivery of protein therapeutics may limit the market to some extent. However, operating players in the market are continuously working on the development of affordable instruments for crystallization.
Some of the prominent players in the Protein Crystallization Market include:
Segments Covered in the Report
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global Protein Crystallization market.
By Product
By Technology
By End-User
By Region
Chapter 1 Methodology And Scope
1.1 Research Methodology
1.2 Research Assumptions
1.2.1 Estimates And Forecast Timeline
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Nova one advisor Internal Database
1.3.3 Secondary Sources
1.3.4 Primary Research
1.4 Information Or Data Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation & Validation
Chapter 2 Executive Summary
2.1 Market Snapshot
2.2 Segment Snapshot
2.3 Competitive Landscape Snapshot
Chapter 3 Market Variables, Trends, & Scope
3.1 Parent Market Analysis
3.2 Market Dynamics
3.2.1 Market Driver Analysis
3.2.1.1 Rising Demand For Protein-Based Therapeutics
3.2.1.2 Increasing Funding & Investments In Proteomics Research
3.2.1.3 Technological Advancements In Protein Crystallography Techniques
3.2.2 Market Restraint Analysis
3.2.2.1 High Cost Of Instruments
3.2.3 Market Challenge Analysis
3.2.3.1 Challenges Associated With The Formulation And Delivery Of Protein Therapeutics
3.3 Penetration &Growth Prospect Mapping
3.4 Protein Crystallization Market - Porter’s Analysis
3.5 Protein Crystallization Market - Swot Analysis
3.6 Covid-19 Impact Analysis
Chapter 4 Product Business Analysis
4.1 Protein Crystallization Market-Product Movement Analysis
4.2 Instruments
4.2.1 Global Instruments Market, 2020 - 2032
4.2.2 Liquid Handling Instruments
4.2.2.1 Global Instruments Market, 2020 - 2032
4.2.3 Crystal Imaging Instruments
4.2.3.1 Global Instruments Market, 2020 - 2032
4.3 Consumables
4.3.1 Global Consumables Market, 2020 - 2032
4.3.2 Reagents & Kits/Screens
4.3.2.1 Global Reagents & Kits/Screens Market, 2020 - 2032
4.3.3 Microplates
4.3.3.1 Global Microplates Market, 2020 - 2032
4.3.4 Others
4.3.4.1 Global Other Consumables Market, 2020 - 2032
4.4 Software & Services
4.4.1 Global Software & Services Market, 2020 - 2032
Chapter 5 Technology Business Analysis
5.1 Protein Crystallization Market-Technology Movement Analysis
5.2 X-Ray Crystallography
5.2.1 Global X-Ray Crystallography Market, 2020 - 2032
5.3 Cryo-Electron Microscopy
5.3.1 Global Cryo-Electron Microscopy Market, 2020 - 2032
5.4 Nmr Spectroscopy
5.4.1 Global Nmr Spectroscopy Market, 2020 - 2032
5.5 Others
5.5.1 Global Other Market, 2020 - 2032
Chapter 6 Application Business Analysis
6.1 Protein Crystallization Market-Application Movement Analysis
6.2 Pharmaceutical And Biotechnology Companies
6.2.1 Global Pharmaceutical And Biotechnology Companies Market, 2020 - 2032
6.3 Academic And Research Institutes
6.3.1 Global Academic And Research Institutes Market, 2020 - 2032
Chaper 7 Regional Business Analysis
7.1 Protein Crystallization Market: Regional Movement Analysis
7.2 North America
7.2.1 Swot Analysis
7.2.1.1 North America Protein Crystallization Market, 2020 - 2032
7.2.2 U.S.
7.2.2.1 Key Country Dynamics
7.2.2.2 Competitive Scenario
7.2.2.3 U.S. Protein Crystallization Market, 2020 - 2032
7.2.3 Canada
7.2.3.1 Key Country Dynamics
7.2.3.2 Competitive Scenario
7.2.3.3 Canada Protein Crystallization Market, 2020 - 2032
7.3 Europe
7.3.1 Swot Analysis
7.3.1.1 Europe Protein Crystallization Market Estimates And Forecast, 2020 - 2032
7.3.2 Uk
7.3.2.1 Key Country Dynamics
7.3.2.2 Competitive Scenario
7.3.2.3 Uk Protein Crystallization Market, 2020 - 2032
7.3.3 Germany
7.3.3.1 Key Country Dynamics
7.3.3.2 Competitive Scenario
7.3.3.3 Germany Protein Crystallization Market, 2020 - 2032
7.3.4 France
7.3.4.1 Key Country Dynamics
7.3.4.2 Competitive Scenario
7.3.4.3 France Protein Crystallization Market, 2020 - 2032
7.3.5 Italy
7.3.5.1 Key Country Dynamics
7.3.5.2 Competitive Scenario
7.3.5.3 Italy Protein Crystallization Market, 2020 - 2032
7.3.6 Spain
7.3.6.1 Key Country Dynamics
7.3.6.2 Competitive Scenario
7.3.6.3 Spain Protein Crystallization Market, 2020 - 2032
7.3.7 Denmark
7.3.7.1 Key Country Dynamics
7.3.7.2 Competitive Scenario
7.3.7.3 Denmark Protein Crystallization Market, 2020 - 2032
7.3.8 Sweden
7.3.8.1 Key Country Dynamics
7.3.8.2 Competitive Scenario
7.3.8.3 Sweden Protein Crystallization Market, 2020 - 2032
7.3.9 Norway
7.3.9.1 Key Country Dynamics
7.3.9.2 Competitive Scenario
7.3.9.3 Norway Protein Crystallization Market, 2020 - 2032
7.4 Asia Pacific
7.4.1 Swot Analysis
7.4.1.1 Asia Pacific Vacuum Blood Collection Tube, 2020 - 2032
7.4.2 Japan
7.4.2.1 Key Country Dynamics
7.4.2.2 Competitive Scenario
7.4.2.3 Japan Protein Crystallization Market, 2020 - 2032
7.4.3 China
7.4.3.1 Key Country Dynamics
7.4.3.2 Competitive Scenario
7.4.3.3 China Protein Crystallization Market, 2020 - 2032
7.4.4 India
7.4.4.1 Key Country Dynamics
7.4.4.2 Competitive Scenario
7.4.4.3 India Protein Crystallization Market, 2020 - 2032
7.4.5 Australia
7.4.5.1 Key Country Dynamics
7.4.5.2 Competitive Scenario
7.4.5.3 Australia Protein Crystallization Market, 2020 - 2032
7.4.6 Thailand
7.4.6.1 Key Country Dynamics
7.4.6.2 Competitive Scenario
7.4.6.3 Thailand Protein Crystallization Market, 2020 - 2032
7.4.7 South Korea
7.4.7.1 Key Country Dynamics
7.4.7.2 Competitive Scenario
7.4.7.3 South Korea Protein Crystallization Market, 2020 - 2032
7.5 Latin America
7.5.1 Swot Analysis
7.5.1.1 Latin America Protein Crystallization Market, 2020 - 2032
7.5.2 Brazil
7.5.2.1 Key Country Dynamics
7.5.2.2 Competitive Scenario
7.5.2.3 Brazil Protein Crystallization Market, 2020 - 2032
7.5.3 Mexico
7.5.3.1 Key Country Dynamics
7.5.3.2 Competitive Scenario
7.5.3.3 Mexico Protein Crystallization Market, 2020 - 2032
7.5.4 Argentina
7.5.4.1 Key Country Dynamics
7.5.4.2 Competitive Scenario
7.5.4.3 Argentina Protein Crystallization Market, 2020 - 2032
7.6 Middle East & Africa (Mea)
7.6.1 Swot Analysis
7.6.1.1 Mea Protein Crystallization Market Estimates And Forecast, 2020 - 2032
7.6.2 South Africa
7.6.2.1 Key Country Dynamics
7.6.2.2 Competitive Scenario
7.6.2.3 South Africa Protein Crystallization Market Estimates And Forecast, 2020 - 2032
7.6.3 Saudi Arabia
7.6.3.1 Key Country Dynamics
7.6.3.2 Competitive Scenario
7.6.3.3 Saudi Arabia Protein Crystallization Market Estimates And Forecast, 2020 - 2032
7.6.4 Uae
7.6.4.1 Key Country Dynamics
7.6.4.2 Competitive Scenario
7.6.4.3 Uae Protein Crystallization Market Estimates And Forecast, 2020 - 2032
7.6.5 Kuwait
7.6.5.1 Key Country Dynamics
7.6.5.2 Competitive Scenario
7.6.5.3 Kuwait Protein Crystallization Market Estimates And Forecast, 2020 - 2032
Chapter 8 Competitive Landscape
8.1 Participant’s Overview
8.1.1 Rigaku Corporation
8.1.2 Formulatrix
8.1.3 Mettler Toledo
8.1.4 Corning Incorporated
8.1.5 Greiner Bio-One International Gmbh
8.1.6 Hampton Research Corp.
8.1.7 Jena Bioscience Gmbh
8.1.8 Bruker
8.1.9 Creative Proteomics
8.1.10 Molecular Dimentions
8.2 Financial Performance
8.3 Participant Categorization
8.3.1 Market Leaders
8.3.1.1 Protein Crystallization Market Share Analysis, 2023
8.3.2 Strategy Mapping
8.3.2.1 Expansion
8.3.2.2 Acquisition
8.3.2.3 Collaborations
8.3.2.4 Product/Service Launch
8.3.2.5 Partnerships
8.3.2.6 Others