Global Protein Expression Market By System Type (Prokaryotic Expression, Mammalian Cell Expression, Insect Cell Expression, Yeast Expression, Cell-Free Expression, Algal-Based Expression), By Product & Service (Reagents, Expression Vectors, Competent Cells, Instruments, Services), By Application(Therapeutic, Industrial, Research), By End User, By Geography - Industry Trends and Forecast to 2024
Market Analysis: Global Protein Expression Market
The global protein expression market accounted to USD 1,483.40 million in 2016 growing at a CAGR of 11.65% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Market Definition: Global Protein Expression Market
Protein expression is the technique in which proteins are regulated, modified and synthesized in living organisms. Protein expression includes the processes, translation, transcription and post-translational modification.Protein expression is the part of proteomics, which allows to expressrecombinant proteins in various host systems.
Major Market Drivers and Restraints:
- Increasing incidences of chronic diseases
- Growth in geriatric population
- Rise in demand for protein biologics
- Emergence in life sciences and biopharmaceutical industries
- Technological advancements in protein expression systems
- High price of protein expression reagents and instruments
- Stringent government regulations
Market Segmentation: Global Protein Expression Market
The global protein expression market is segmented by system type into prokaryotic expression systems, mammalian cell expression systems, insect cell expression systems, yeast expression systems, cell-free expression systems and algal-based expression systems.Prokaryotic expression systems are sub segmented into Escherichia coli systems and others. Mammalian cell expression systems are sub segmented into Chinese hamster ovary system and others. Insect cell expression systems are sub segmented intoBaculovirus systems and others. Yeast expression systems are sub segmented intoK. lactis Systems, Saccharomyces Systems, Pichia Systems and others.
By product and service the market is segmented into reagents, expression vectors, competent cells, instruments and services.
By application the market is segmented into therapeutic application, industrialapplication and researchapplication.
By end user the market is segmented into pharmaceutical and biotechnology companies, academic research institutes, contract research organizations and others.
On the basis of geography, protein expression market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, andBrazil among others. In 2017, North America is expected to dominate the market.
Competitive Analysis: Global Protein Expression Market
The protein expression market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of protein expression market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors: Global Protein Expression Market
Some of the major players operating in protein expression market areThermo Fisher Scientific Inc., Merck KGaA, Promega Corporation, Agilent Technologies, GenScript, TAKARA HOLDINGS INC., Bio-Rad Laboratories, Inc., Qiagen N.V., LONZA, New England Biolabs Inc., Sengenics, ProteoGenix, Synthetic Genomics Inc., Lucigen, Oxford Expression Technologies Ltd., Novoprotein, Biocompare, exonbio, Domainex, Biomatik, Syngene, Accelagen Inc., R&D Systems, Inc., Enzo Life Sciences, Inc., Abnova Corporation, OriGene Technologies, Inc. and Sino Biological Inc. among others.
Research Methodology: Global Protein Expression Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an analyst call
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Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.