Increasing Geriatric Population Causing Surge in Global Protein Expression Market
SummaryProteins have a vast array of functions than just ‘building the body’ as taught to children in school. They speed up several metabolic functions, help the ribonucleic acid (RNA) divide and proliferate, respond to numerous external and internal stimuli, provide cells with the proper structure, and ferry molecules from one site within the body to another.
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The global protein expression market is predicted to exhibit rapid advancement in the coming years. The growth of the market is being driven by the huge investments being made by the key market players in the development of technologically advanced and innovative products for producing high protein yield. Besides this factor, the surging geriatric population, the growing incidence of chronic diseases, and rapid advancement of the life sciences sector are also driving the progress of the market.
The rising life expectancy and reducing birth rates are the main factors propelling the growth of the geriatric population. As geriatric people are highly vulnerable to chronic diseases, their growing population is fueling the demand for advanced treatment procedures, that require extensive research in protein expression. As per the United Nations Department of Economic and Social Affairs (UNDESA), the number of people in the age bracket- 60 years or above will increase by 56.0% from 2015 to 2030.
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The organization predicts that the geriatric population across the globe will grow from 901 million to 1.4 billion during the same period as mentioned above. Furthermore, the provision of funds in several countries for protein-based research is also pushing up the popularity of protein expression across the globe, thereby boosting the growth of the market. Protein expression basically refers to a process by which proteins are synthesized, altered, and regulated in living beings.
Hence, it can be said without any hesitation that the market would exhibit rapid advancement throughout the world in the upcoming years, primarily because of the ballooning prevalence of chronic diseases, increasing geriatric population, and the growing requirement for advanced healthcare and disease management and treatment procedures around the world.