According to a market report by Lucintel, the future of the protein characterization and identification market looks promising with opportunities in pharmaceutical & biotechnology companies, academic research institutions, and contract research organizations. The global protein characterization and identification market is expected to reach an estimated $30.3 billion by 2028 with a CAGR of 13.4% from 2023 to 2028. The major drivers for this market are increasing acceptance of precision medicine, growing drug research and development activities, and supportive government funds for proteomics research.
In this market, consumable, instrument, and service are the major segments of protein characterization and identification market by product and service. Lucintel forecasts that consumables will remain the largest product and service segment over the forecast period due to increasing need for quick, accurate, and reliable detection of diseases.
Within this market, pharmaceutical & biotechnology companies are expected to remain the largest end use industry segment due to the growing numbers of drugs discovery activity across the globe.
North America will remain the largest region due to increasing government spending for the development of healthcare technology and growing need for superior analytical techniques for protein analysis in the region.
Thermo Fisher, Danaher, Merck, Agilent, and Waters Corp are the major suppliers in the global protein characterization and identification market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global protein characterization and identification market by product and service, application, end use industry, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Protein Characterization and Identification Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global protein characterization and identification market by product and service, application, end use industry, and region, as follows:
Protein Characterization and Identification Market by Product and Service [Value ($B) Shipment Analysis from 2017 to 2028]:
Consumables
Immunoassay Consumables
Mass Spectrometry Consumables
Chromatography Consumables
Electrophoresis Consumables
Others
Instruments
Mass Spectrometry Instruments
Chromatography Instruments
Electrophoresis Instruments
Label-free Detection Instruments
Spectroscopy Instruments
Others
Services
Drug Discovery & Development
Clinical Diagnosis
Others
Protein Characterization and Identification Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
Drug Discovery & Development
Clinical Diagnosis
Others
Protein Characterization and Identification Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:
Pharmaceutical & Biotechnology Companies
Academic Research Institutions
Contract Research Organizations
Others
Protein Characterization and Identification Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at
helpdesk@lucintel.com.
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This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the protein characterization and identification market by product & service (consumables, instruments, and services), application (drug discovery & development, clinical diagnosis, and others), end use industry (pharmaceutical & biotechnology companies, academic research institutions, contract research organizations, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?