Protein Expression Market is estimated to be US$ 6.36 billion by 2030 with a CAGR of 11.2% during the forecast period
Protein Expression is referred to the method in which proteins are synthesized,
modified and regulated in living organisms. This term applies to study of
laboratory applications to manufacture proteins. The gene of interest is
inserted into the plasmid vector that is then transformed into a bacterial
cell. The expression level is then calculated by transcribed mRNA, expressed
protein or directly by stained protein. This helps researchers to study the
functionality of proteins and in vitro more easily. Higher rate of protein expression
can be achieved by reducing the rate of transcription, either by substituting a
stronger promoter with weaker one. The primary factors fueling the growth of
the global protein expression market market are increasing usage of protein
expression technologies in the manufacturing of biotechnology products for use
in therapeutic and diagnostic products. Moreover, increasing development in the
proteomics and biotechnology industry is expected to boost the demand for
protein expression researches shortly.
Region Analysis:
North America accounts highest revenue share of global protein
expression market market due to growing demand for advanced medical
technologies and increasing geriatric population. Asia Pacific Protein
expression is projected to register a high CAGR over the forecast period owing
to trends of a highly attractive and profitable market.
Key Development:
·
In March 2022, ProteoGenix, a
research organization recently announces the launch of its XtenCHO Transient
Expression System to enhance biological developments.
·
In 2020, Polyplus-transfection
launches new solution FectoCHO Expression System to enhance production in CHO
cells, showing outstanding protein yields even at low DNA amounts.
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Segmentation:
The global protein expression market market
accounted for US$ 2.23 billion in 2020 and is estimated to be US$ 6.36 billion
by 2030 and is anticipated to register a CAGR of 11.2%. The global protein
expression market market is segmented based on product, application, expression
systems, end-user, and region.
·
Based on the
product, the global protein expression market is segmented into the
instruments, reagents, services, and other products.
·
Based on the
application, the target market is segmented into cell culture, protein
purification, membrane proteins, and transfection technologies.
·
Based on
expression systems, the global market is classified into cell-free, bacterial,
yeast, algal, insect, mammalian, and others.
·
Based on
end-user, the target market is bifurcated into academia, industry, and others.
·
On region the
global protein expression market market is segmented into North America,
Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive
Analysis:
The key players operating the global protein expression market
involves Agilent Technologies, Inc., Bio-Rad Laboratories, Inc., EMD Millipore,
Life Technologies Corporation, Oxford Expression Technologies Ltd., Promega
Corporation, QIAGEN N.V., TAKARA BIO INC. and Thermo Fisher Scientific Inc.
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