How Has the Proteomics Market Size Evolved in Recent Years?
The proteomics market has seen considerable growth due to a variety of factors.
• In recent times, the proteomics market has expanded swiftly. The market size is projected to escalate from $34.83 billion in 2024 to $39.71 billion in 2025, at a compound annual growth rate (CAGR) of 14.0%.
Factors contributing to the growth during the historic period include an increase in government funding for proteomics research, advancements in technology, increase in healthcare spending, expansion of healthcare facilities, and economic growth in emerging markets.
What Are The Estimated Market Size And Expected Annual Growth Rates For Globa Proteomics Market?
The proteomics market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, a swift escalation is anticipated in the size of the proteomics market. The market is projected to expand to $66.18 billion in 2029, with an impressive compound annual growth rate (CAGR) of 13.6%.
This expansion during the forecast period can be credited to factors such as enhanced funding for proteomics projects, a growing demand for personalized medicines, an upsurge in research and development activities and an increase in investments in biotech companies in response to the COVID-19 outbreak. Key trends for the forecast period encompass the integration of nanotechnology for the identification of minimal-abundant samples, the development and progression of novel technologies, the introduction of innovative products, and investments in cutting-edge technology like artificial intelligence (AI) and real-time sophisticated imaging.
What Key Factors and Trends are Driving the Growth of the Proteomics Market?
The escalation of government funding dedicated to proteomics research is a major factor propelling the growth of the proteomics market. Such funds assist researchers in discovering drugs, diagnosing, and treating diseases. For instance, in May 2022, Proteomics International Laboratories Limited, a medical technology firm rooted in Australia with a concentration on proteomics, was granted a funding boost of $400,000. The aim is to fortify its production capacity within Australia. This funding will facilitate the enhancement of the PromarkerD test's manufacturing in Australia and Southeast Asia, supplemented by an expansion of Proteomics International's specific ISO 13485 certification. Accordingly, surges in government funding are having a prosperous influence on the proteomics market.
What Are The Key Segments Within The Global Proteomics Market?
The proteomics market covered in this report is segmented –
1) By Component: Reagents, Instruments, Software
2) By Instrument: Protein Microarrays, Spectroscopy, X-ray Crystallography, Chromatography, Electrophoresis, Surface Plasmon Resonance, Protein Fractionation
3) By Type: Core Instrument Services, Proteomic Analytical Services
Subsegments:
1) By Reagents: Protein Assays, Immunoassay Reagents, Spectroscopy Reagents, Chromatography Reagents, Electrophoresis Reagents
2) By Instruments: Mass Spectrometry, Chromatography Equipment, Electrophoresis Equipment, Microarray Instruments, X-ray Crystallography Instruments
3) By Software: Data Analysis Software, Bioinformatics Tools, Cloud-Based Platforms For Proteomics
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How Are New Trends Impacting The Size Of The Proteomics Market?
Companies are introducing new offerings with the aim of bolstering their earnings and obtaining an upper hand over their competitors. For illustration, in June 2022, Bruker Corporation, a scientific instruments manufacturing firm based in the US, unveiled a new evolution in its pioneering 4D Multiomics timsTOF platform, featuring the new timsTOF HT system. This system comprises a progressive 4th-generation TIMS (trapped ion mobility separation) XR cell and a 14-bit digitizer that promises a broader dynamic range, better peptide coverage, and improved quantitation accuracy. This is particularly beneficial for unbiased 4D plasma and tissue proteomics and epiproteomics.
Who Are the Key Players in the Proteomics Market?
Major companies operating in the proteomics market include:
• Danaher Corporation
• Thermo Fisher Scientific Inc.
• Merck KGaA
• Agilent Technologies Inc.
• PerkinElmer Inc.
• Bruker Corporation
• Bio-Rad Laboratories Inc.
• Promega Corporation
• Waters Corporation
• Creative Proteomics
• Sino Biological
• EIAab
• DIMA Biotechnology
• TechnoConcept India Pvt. Ltd.
• Cellular & Molecular Biology
• GE Healthcare
• Perseus Proteomics Inc.
• JEOL
• APTBIO
• Leisure Science (Suzhou) Co. Ltd.
• Centre for Cellular & Molecular Biology
• Vproteomics
• Shimadzu Corporation
• Abcam plc
• IRB Barcelona
• SGS UK
• MRM Proteomics Inc.
• FingerPrints
• Biognosys AG
• Olink Proteomics
• Horiba
• MS Bioworks
• LC Sciences
• MtoZ Biolabs
• Integrated Proteomics Applications
• Quantumbio Inc.
• Luminex Corporation
• Applied Biomics Inc.
• Isoplexis Corporation
• Caprion Proteomics Inc.
What are the Regional Insights into the Proteomics Market?
North America was the largest region in the proteomics market in 2024. Western Europe was the second largest region in the global proteomics market share. The regions covered in the proteomics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
