What Has Been The Evolution of the Protein Detection And Quantification Market in Recent Years?
The protein detection and quantification market has seen considerable growth due to a variety of factors.
• The protein detection and quantification market has grown steadily in recent years. It will rise from $2.28 billion in 2024 to $2.49 billion in 2025, with a compound annual growth rate (CAGR) of 9.3%.
The growth is driven by the prevalence of chronic diseases, the growing emphasis on personalized medicine, and the need for proteomics research.
What Are the Future Growth Projections for the Protein Detection And Quantification Market?
The protein detection and quantification market is expected to maintain its strong growth trajectory in upcoming years.
• The protein detection and quantification market is projected to grow to $3.51 billion by 2029, expanding at a CAGR of 9.0%.
This growth is driven by rising demand for personalized medicine, biotechnology applications, clinical diagnostics, automation, robotics, and point-of-care testing. Key trends include AI-powered platforms, partnerships, technological innovations, and multiplexing research.
What Are The Core Factors Supporting Growth In The Protein Detection And Quantification Market?
The protein detection and quantification market is set to witness rapid expansion as a result of an increase in demand for customized medical care. Personalized medicine is a healthcare approach that focuses on customizing treatments and interventions based on each patient's unique health needs. This growth is driven by advancements in omics technology, data integration and genomics, together with increased understanding of the importance of medicines and preventive measures tailored to the patient's needs. Protein detection and quantification, integral to personalized medicine, aid in identifying and measuring proteins that can serve as biomarkers for customized care. For instance, in 2022, the Personalized Medicine Coalition from the US noted that 12 personalized drugs got approval, which represents roughly 34% of all the newly approved treatments, an upward trend from the past years. Hence, the rise in demand for personalized medicine contributes to driving the protein detection and quantification market.
What Are The Major Segments Within The Global Protein Detection And Quantification Market?
The protein detection and quantification market covered in this report is segmented –
1) By Products: Kits And Reagents Or Consumables, Instruments, Services
2) By Technology: Colorimetric Assays, Immunological Methods, Chromatography, Mass Spectrometry, Spectroscopy Instruments, Other Technologies
3) By Application: Drug Discovery And Development, Clinical Diagnosis, Other Applications
4) By End User: Academic Research Institutes, Biotechnology And Pharmaceutical Companies, Contract Research Organization, Other End-Users
Subsegments:
1) By Kits And Reagents Or Consumables: Protein Assay Kits, Enzyme-Linked Immunosorbent Assay (ELISA) Kits, Western Blotting Reagents, Protein Extraction Kits, Antibodies And Probes
2) By Instruments: Spectrophotometers, Microplate Readers, Mass Spectrometers, Fluorometers, Chromatography Systems
3) By Services: Protein Analysis Services, Custom Protein Assay Services, Protein Quantification Testing Services, Data Analysis And Interpretation Services
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What Emerging Trends Are Influencing The Growth Of The Protein Detection And Quantification Market?
Major corporations active in the protein detection and quantification industry are concentrating their efforts on the creation of groundbreaking technologies such as protein co-detection kits, to hold a competitive edge in the market. These kits are developed to simultaneously detect several proteins in a given sample. Typically, these kits are coupled with a variety of antibodies or probes that are unique to different target proteins, plus the necessary reagents and procedures for conducting the detection test. For instance, Vizgen Inc., a biotechnology company located in the US, unveiled the Protein Co-detection Kit for the MERSCOPE Platform in September 2022. The MERSCOPE Protein Co-detection Kit introduces an unmatched ability to capture spatial gene expression and protein positioning, thus facilitating comprehensive single-cell analysis, and offering deeper understanding of intricate biological systems. This kit provides scientists with an influential toolset for studying cellular diversity, biomarker identification, and disease pathology, promoting the evolution of tailor-made medicine and therapeutic development.
Who Are the Key Players In The Protein Detection And Quantification Market?
Major companies operating in the protein detection and quantification market are:
• Roche Diagnostics
• Thermo Fisher Scientific Inc.
• Danaher Corporation
• Merck KGaA
• GE HealthCare
• Agilent Technologies Inc.
• Illumina Inc.
• Sartorius AG
• PerkinElmer Inc.
• Shimadzu Corporation
• Waters Corporation
• Bio-Rad Laboratories Inc.
• Bruker Corporation
• Qiagen N.V.
• Horiba ltd.
• Bio-Techne Corporation
• Promega Corporation
• Abcam Plc
• Molecular Devices LLC
• Olink Proteomics
• RayBiotech Life Inc.
• Bio Scientific Research Laboratories
What Is The Most Dominant Region In The Protein Detection And Quantification Market?
North America was the largest region in the protein detection and quantification market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the protein detection and quantification market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
