Global Proteomics Market Report 2022 – Market Forecast, Trends And Strategies
10 Feb, 2022
The global proteomics market size is expected to grow from $23.70 billion in 2021 to $26.98 billion in 2022 at a compound annual growth rate (CAGR) of 13.8%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The proteomics market is expected to reach $44.96 billion in 2026 at a CAGR of 13.6%.
What is the Global Proteomics Market?
The proteomics market consists of sales of proteomics and related goods. Proteomics is a study of the structure and functions of proteins that are used in drug discovery, diagnosis, and treatment of diseases. Proteomics is used to evaluate the protein production rate, the involvement of proteins in metabolic pathways, and modifications of proteins.
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What drives the Global Proteomics Market?
Rising government funds for research on proteomics drives the growth of the proteomics market. Government funds help researchers in drug discovery, diagnosis, and treatment of diseases. For instance, in 2020, the IRB Barcelona's Mass Spectrometry and Proteomics Core Facility, which is led by a research team with extensive expertise in the field, has received funding from the Catalan government through the European Regional Development Fund (ERDF) to purchase next-generation protein analysis equipment in collaboration with the Josep Carreras Leukemia Research Institute (IJC), the Sant Joan de Déu Research Institute (SJD), the Vall d'Hebron Institute of Oncology (VHIO), and the (UB). Therefore, rising government funds positively impacts the proteomics market.
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https://www.thebusinessresearchcompany.com/report/proteomics-global-market-reportGlobal Proteomics Market Segments
The global proteomics market is segmented:
By Component: Reagents, Instruments
By Instrument: Protein Microarrays, Spectroscopy, X-Ray Crystallography, Chromatography, Electrophoresis, Surface Plasmon Resonance, Protein Fractionation
By Service and Software: Core Proteomics Services, Bioinformatics Software and Services
By Geography: The regions covered in the proteomics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Proteomics Global Market Report 2022provides market size and growth forecasts for the global proteomics market, global proteomics market share, proteomics market segments and geographies, proteomics market competitive landscape including leading competitors’ revenues, profiles and market shares. The proteomics market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Proteomics Industry Playersinclude Thermo Fisher Scientific Inc., Agilent Technologies Inc., Danaher Corporation, Merck KGaA, Waters Corporation, Perkinelmer Inc., Bio-Rad Laboratories Inc., Bruker Corporation, GE Healthcare, Caprion Biosciences, Luminex Corporation, LI-COR Inc., Becton Dickinson and Company, Siemens Ltd, Genzyme Corporation, Creative Proteomics, and Promega Corporation. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.