Richmond, Jan. 30, 2024 (GLOBE NEWSWIRE) -- According to a research report "Research-grade proteins Market”, by Product (Cytokines & Growth Factors, Immune Checkpoint Proteins, Enzymes, Hormones, Antibodies, Virus Antigens, Recombinant Regulatory Proteins, Others), Host Cell (Mammalian Cells, Bacterial Cells, Yeast & Fungi, Insect Cells, Others), End-use (Pharmaceutical & Biotechnology Companies, Academic & Research Institutes, Others), and Region - Global Forecast to 2030.
Global Research-grade proteins Market Report Scope:
| Report | Details |
| Market size value in 2023 | USD 965.5 Million |
| Market size value in 2030 | USD 2,615.5 Million |
| CAGR (2023-2030) | 15.3% |
| Forecast Period | 2023–2030 |
| Historic Data | 2019 |
| Forecast Units | Value (USD Million/USD Billion) |
| Segments Covered | Product, Host Cell, End User and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and RoW |
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| Sample of Companies Covered |
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TOC Covers in Depth & Breath on Research-grade proteins Market
170 - Market Data Tables
65 - List of Figures
225 – Pages
The report includes Vendor Assessment (Company Profiles, Market Positioning, Strategies, Recent Developments, Capabilities & Product Offerings / Mapping), Technology Assessment (Developments & Economic Impact), Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional FootPrint by MarketDigits.
Market Overview
The research-grade proteins market is witnessing robust growth driven by increasing demand for high-quality biological reagents in scientific research. Key factors include rising investments in life sciences research, expanding drug discovery activities, and growing applications in biotechnology. The market is characterized by a diverse product portfolio, including recombinant proteins, antibodies, and enzymes, catering to varied research needs. Industry players are focusing on product innovation, quality assurance, and strategic collaborations to gain a competitive edge. With a surge in protein-based research across academia and industry, the research-grade proteins market is poised for sustained expansion, offering lucrative opportunities for suppliers and fostering advancements in biomedical and pharmaceutical research.
Major Vendors in the Global Research-Grade Proteins Market:
- Microsoft
- IBM
- Intel
- AMD
- Fortanix
- AWS
- Alibaba Cloud
- Swisscom
- OVHcloud
- phoenixNAP
- AMI
- Advanced Micro Devices, Inc.
- Cyxtera Technologies Inc.
- International Business Machines Corporation
- Arm Limited (SoftBank Group Corp.)
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Increasing preference for recombinant proteins over natural proteins
The Research-grade proteins market is experiencing a substantial boost driven by the escalating preference for recombinant proteins over natural counterparts. This shift is primarily attributed to the inherent advantages of recombinant proteins, including higher purity, reproducibility, and scalability in production. Researchers and biopharmaceutical companies increasingly favor these engineered proteins for their consistent quality, enabling more reliable experimental outcomes. Additionally, recombinant proteins offer greater flexibility in customization, facilitating the development of specialized reagents tailored to specific research needs. This growing inclination towards recombinant proteins reflects a broader trend in the life sciences industry, fueling the market's expansion as it meets the demands of a diverse range of applications in drug discovery, diagnostics, and biotechnological advancements.
Market Dynamics
Drivers:
- Increasing preference for recombinant proteins over natural proteins
- Growing number of clinical trials
- Integration of AI and Data Analytics
Opportunities:
- Customized Protein Solutions
- Rising Demand for Recombinant Proteins
- Integration of AI and Data Analytics
Customized Protein Solutions
The Research-grade proteins market presents a notable opportunity through the provision of Customized Protein Solutions, addressing the evolving needs of researchers and industry professionals. Tailoring protein products to specific requirements enables companies to cater to niche markets, offering unique and specialized reagents for diverse applications. This customization allows researchers to access proteins designed to meet precise experimental criteria, promoting more accurate and reliable results. Market players focusing on developing and delivering tailored protein solutions can carve a niche for themselves, fostering long-term collaborations with research institutions and biopharmaceutical companies. As the demand for personalized and application-specific research-grade proteins continues to rise, companies adept at providing customized solutions are well-positioned to capitalize on this opportunity, contributing to the market's sustained growth.
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The market for Research-grade proteins is dominated by North America.
North America stands as the dominant force in the Research-grade proteins market, with the United States and Canada playing pivotal roles. The United States, boasting a robust biotechnology and pharmaceutical industry, spearheads market growth due to substantial investments in research and development. Major research institutions, biotech companies, and pharmaceutical giants contribute significantly to the heightened demand for high-quality proteins. Canada, with its thriving life sciences sector, also plays a substantial role, benefitting from a strong academic research base. The region's dominance is further fueled by advanced technological infrastructure, a well-established regulatory framework, and a proactive approach toward adopting innovative research-grade protein solutions, collectively solidifying North America's position as a key hub in this burgeoning market.
The Cytokines & Growth Segment is Anticipated to Hold the Largest Market Share During the Forecast Period
Based on Product the Research-grade proteins market is segmented into Cytokines & Growth Factors, Immune Checkpoint Proteins, Enzymes, Hormones, Antibodies, Virus Antigens, Recombinant Regulatory Proteins, Others. The Cytokines & Growth Factors segment asserts dominance in the Research-grade proteins market, exemplifying its critical role in advancing life sciences research. Cytokines, signaling molecules crucial for intercellular communication, and growth factors, pivotal in cell proliferation and differentiation, are essential tools for researchers exploring diverse biological processes. This segment's prominence is underscored by its widespread application in immunology, oncology, and regenerative medicine. The escalating demand for these proteins is driven by their pivotal role in studying cellular functions and developing therapeutic interventions. As the quest for precision medicine intensifies, the Cytokines & Growth Factors segment continues to thrive, shaping the landscape of research-grade proteins and reflecting the indispensable nature of these molecules in advancing scientific discovery and medical innovation.
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