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Protein Sequencing Market Share, Growth Drivers, Technology Enhancements, Competitive Size, Professional Review, Development Analysis and Regional Overview till 2023

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Protein Sequencing Market Share, Growth Drivers, Technology Enhancements, Competitive Size, Professional Review, Development Analysis and Regional Overview till 2023

September 05
04:18 2019
Protein Sequencing Market Share, Growth Drivers, Technology Enhancements, Competitive Size, Professional Review, Development Analysis and Regional Overview till 2023

Protein Sequencing Market
Protein Sequencing Market Applications Development and Growth Analysis By Products and Services (Reagents and Consumables, Instruments, Others), by Technology (Mass Spectrometry, Others), by Application (Biotherapeutics, Genetic Engineering, Others), by End User—Forecast till 2023

The Global Protein Sequencing Market is likely to expand at a CAGR of 3.6% during the forecast period (2018-2023).

Protein Sequencing Market Synopsis and Industry Overview 2019

Protein sequencing can be defined as the methods which are used to determine the amino acid sequence of peptides or proteins for analysing the sequence. It is a popular novo sequencing method which enables the researchers to obtain the information regarding protein confirmation.

Experimental methods and computational methods like Mass Spectrometry and Edman degradation are used for protein sequencing. The global protein sequencing market is witnessing a sturdy growth rate owing to the surging focus on target-based drug development by the pharmaceutical and biotechnological companies, advancements made in the clinical mass spectrometry and analytical techniques, and rising financial support by the private and public sector for proteomic research.

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Competitive Dashboard

The prominent players operating in the global protein sequencing market comprises

Charles River Laboratories

Bioinformatics Solutions

Proteome Factory

Agilent Technologies Inc.

Selvita

Rapid Novor Inc.

Shimadzu Corporation

SGS

Waters Corporation

and Thermo Fisher Scientific Inc.

Recent advancements made in the analytical methods and novo peptide-sequencing methods with the application of neural networks have created new opportunities for the market to expand. For instance, technological advancements in mass spectrometer are likely to favor its growth. The surging funding on proteomics research in several developed and developing economies is likely to contribute to market growth.

Global Protein Sequencing Market: Segmental Analysis

The global protein sequencing market has been segmented on the basis of technology, products and services, and application.

By mode of products and services, the global protein sequencing market has been segmented into instruments, reagent and consumables, protein sequencing services, and analysis products/software. Among these, the reagents and consumables segment command for the largest share owing to the ongoing advancements in protein sequencing technologies coupled with the surging number of sequencing procedures.

By mode of technology, the global protein sequencing market has been segmented into Edman degradation and mass spectrometry.

By mode of application, the global protein sequencing market has been segmented into genetic engineering, biotherapeutics, and others. Among these, the biotherapeutics segment is likely to expand at the fastest rate in the coming years. The growth can be ascribed to the benefits of protein sequencing-based approaches for drug development processes, surging demand for targeted drug therapy, advancing technology that offer accurate protein sequencing with the help of mass spectrometry, and growing antibiotic resistance of microbes.

By mode of end-users, the global protein sequencing market has been segmented into academic institutes and research centers, pharmaceutical and biotechnology companies, and others.

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LIST OF TABLES

Table 1 Global Protein Sequencing Market Synopsis, 2018–2023

Table 2 Global Protein Sequencing Market Estimates And Forecast, 2018–2023 (USD Million)

Table 3 Global Protein Sequencing Market, By Region, 2018–2023 (USD Million)

Table 4 Global Protein Sequencing Market, By Products & Services, 2018–2023 (USD Million)

Table 5 Global Protein Sequencing Market, By Application, 2018–2023 (USD Million)

Table 6 Global Protein Sequencing Market, By End User, 2018–2023 (USD Million)

Table 7 North America: Protein Sequencing Market, By Products & Services, 2018–2023 (USD Million)

Table 8 North America: Protein Sequencing Market, By Technology, 2018–2023 (USD Million)

…To be Continued.

Regional Insights

Geographically, the protein sequencing market spans across regions namely, America, Asia Pacific, Europe, and the Middle East & Africa.

Considering the global scenario, the American region is considered to dominate the global market due to the surging application of protein sequencing in proteomic research, high availability of research funding, and the development of protein sequencing in this region.

The European region is estimated to occupy the second spot in the global market. The growth has been ascribed to the increased availability of funding along with infrastructure for research and rising proteomics research. For instance, a leading proteomics company in Switzerland, Biognosys, raised funds for making proteomics a broader segment in life science research in July 2017.

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The Asia Pacific region is likely to expand at the fastest growth rate due to the increased funding for the healthcare sector, rising number of pharmaceutical companies, and growing expenditure on R&D activities in this region.

In 2019: Natera, a globally acknowledged genetic testing and diagnostics company and one of the leaders in cell-free DNA testing has transformed how the patients and doctors manage genetic disease and planned to commercialize a research-use-only service for exome sequencing of circulating tumor DNA by using plasma samples from patients suffering from cancer.

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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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