Selbyville, Delaware, Global Protein Sequencing Market Report available at MarketStudyReport.com gives an industry overview of the Protein Sequencing, which covers product scope, market revenue, opportunities, growth rate, sales volumes and figures. The report also explores the worldwide players of the market and is segmented by region, type and application with forecast to 2028. global protein sequencing market is likely to flourish at a CAGR of 6.78% in the forthcoming period 2019-2029.
The growing emphasis on target-based drug development and the technological advancements in mass spectrometry & analytical techniques are some of the factors driving the growth of the global protein sequencing market. However, the lack of sufficient workforce, due to the complexity of the process and the absence of an automated process, is restraining the market growth. The huge cost of infrastructure & equipment like mass spectrometers and the operational cost are a major challenge to the global market growth. However, developments in the field of computational proteomics are creating lucrative opportunities for the market growth.
The global market report covers the countries from North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa.
Asia-Pacific is likely to be the fastest-growing region for the protein sequencing market and is anticipated to witness considerable growth in the forecasted period. The developing biotechnology sector in Asian countries like China and Japan is the basic driver of the protein sequencing market in the region. Favorable government initiatives are also aiding growth.
For instance, the South Korean government aims to triple the rate of export and the global market share of pharmaceutical products by the year 2030. In order to achieve this, the investment in R&D is planned to be increased to over $3.4 billion by 2025. This initiative is expected to help develop next-generation technologies like target therapy, which will push the demand for protein sequencing market.
The major companies in the protein sequencing market are Agilent Technologies Inc, Rapid Novor Inc, Bioinformatics Solutions Inc, Bruker, Water Corporation, Thermo Fisher Scientific Inc, Selvita, SGS SA, Takara Bio Inc, Proteome Factory, Shimadzu Corporation and Charles River.
Charles River is a US-based organization specialized in preclinical and clinical laboratory services for various sectors including medical device, pharmaceutical, agrochemical and biotechnology industries. The company provides assorted biomedical products along with research & development outsourcing services. It also provides protein sequencing services for biophysical characterization, chromatography, mass spectrometry and glycosylation, among others. It also deals with the leading pharmaceutical, biotechnology, agrochemical, government, and academic organizations across the globe.
TABLE OF CONTENTS
- IMPACT OF COVID-19
- KEY INSIGHTS
- PORTER’S FIVE FORCE ANALYSIS
- THREAT OF NEW ENTRANTS
- THREAT OF SUBSTITUTE
- BARGAINING POWER OF BUYERS
- BARGAINING POWER OF SUPPLIERS
- THREAT OF COMPETITIVE RIVALRY
- KEY MARKET STRATEGIES
- MARKET OUTLOOK – BY PRODUCT
- MARKET OUTLOOK – BY APPLICATION
- MARKET – REGIONAL OUTLOOK
- COMPETITIVE LANDSCAPE
- RESEARCH METHODOLOGY & SCOPE
- RESEARCH SCOPE & DELIVERABLES
- RESEARCH METHODOLOGY
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