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27-Feb-2019

Protein Sequencing Market Improvised report of the Forecast 2019 to 2028

The global protein sequencing market revenue is expected to expand at a lucrative CAGR over the forecast period. Protein sequencing is a technique used to determine the amino acid sequence of protein or peptide.

Increasing adoption of target-based drug designing technologies by pharmaceutical and biotechnology companies is expected to be a major factor driving revenue growth of the market. However, high cost of infrastructure may hamper growth of the target market over the forecast period.

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The global protein sequencing market has been segmented on the basis of component, technology, application, end user, and region. On the basis of component, the target market has been segmented into sample preparation products & services, protein sequencing products, and protein sequencing services. The protein sequencing services segment is projected to witness fastest growth rate in the target market over the forecast period. On the basis of technology, the target market has been segmented into Edman degradation and mass spectrometry. The mass spectrometry segment is estimated to account for major revenue share in the target market in the next coming years.

On the basis of application, the target market has been segmented into biotherapeutics and genetic engineering. The biotherapeutics segment is anticipated to grow at a significant rate in the target market over the forecast period. On the basis of end user, the target market has been segmented into academic institutes & research centers and pharmaceutical & biotechnology companies. The academic institutes & research centers segment is expected to witness for highest share in terms of revenue in the target market over the forecast period.

On the basis of region, the global protein sequencing market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America protein sequencing market holds major revenue share and is expected to dominate the target market over the forecast period, owing to increasing investment from public and private organizations for proteomic research. The market in the Asia Pacific is estimated to register for significant share in terms of revenue in the target market over the forecast period followed by the market in Europe.

Key players operating in the global protein sequencing market include Agilent Technologies, Inc., Bioinformatics Solutions Inc., Charles River Laboratories, Inc., Proteome Factory AG, Rapid Novor Inc., Selvita SA, SGS SA, Shimadzu Corporation, Thermo Fisher Scientific Inc., and Waters Corporation.

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Last Updated: 27-Feb-2019