Pune, June 01, 2023 (GLOBE NEWSWIRE) -- A global Healthcare business-consulting firm, Maximize Market Research, has published a market intelligence and competitive landscape report on the “Protein Crystallization Market”. The report is a combination of primary data and secondary data and domain experts have analyzed the Protein Crystallization Market from a local as well as a global point of view. Over the forecast period, Maximize Market research expects the market to grow from USD 1.1 Bn in 2022 to USD 2.02 Bn in 2029 at a CAGR of 8.5 percent.
Protein Crystallization Market Report Scope and Research Methodology
| Market Size in 2022 | USD 1.1 Bn |
| Market Size in 2029 | USD 2.02 Bn |
| CAGR | 8.5 percent (2023-2029) |
| Forecast Period | 2023-2029 |
| Base Year | 2022 |
| Number of Pages | 278 |
| No. of Tables | 116 |
| No. of Charts and Figures | 114 |
| Segment Covered | Products, Technology and End User |
| Regional Scope | North America, Europe, Asia Pacific, Middle East and Africa, South America |
| Report Coverage | Market Share, Size & Forecast by Revenue | 2023−2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis. |
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The Protein Crystallization Market report provides a thorough analysis of segments and sub-segments in local, global, and regional markets. The report focuses on how drivers, restraints, and macro variables affect local, global, and regional Systems of Protein Crystallization markets. The report includes a comprehensive analysis of the global Protein Crystallization System market's trends, forecasts, and monetary values. The Segment-wise analysis of the Protein Crystallization Market is divided into Products, Technology, and End Users. The Protein Crystallization market report includes aspects of the industry with key players such as market leaders, market followers, and new entrants. The bottom-up approach was used for market estimation. Key market participants and new entrants' services, revenue, financial status, portfolio, growth strategies, and regional presence are all included in the report on the Protein Crystallization Market. The report forecasts the Protein Crystallization market size and growth rate along with current and future trends in the market.
The report covers the factors that are driving and restricting the Protein Crystallization market's growth. The primary and secondary data collection methods are used for the collection of data on the Protein Crystallization market. The qualitative and quantitative approaches are included in the report for the analysis of the data of the Protein Crystallization market. Research using SWOT, PESTLE, and Porter's Five Force tools is used for the analysis of the Protein Crystallization market.
Protein Crystallization Market Overview
Protein Crystallization is the method used to create structured and ordered lattices for complex macromolecules. The protein Crystallization process is essential for X-ray crystallography, a field that has contributed to understanding the atomic and molecular structure even at protein and nucleic acid levels. Advanced technologies in the protein crystallization market and growing applications of crystallization techniques are the factors that show a high growth rate for the Protein Crystallization Market.
Protein Crystallization Market Dynamics
The protein Crystallization Market is driven by the increasing demand for protein therapeutics, the development of the healthcare infrastructure, the rising prevalence of chronic disease, and advancements in protein crystallography. The increasing demand for high-resolution information on protein structures, and growing investments in the technologies of protein crystallization by pharmaceutical companies are the factors that are responsible for the market growth. The rising use of crystallization for elucidating membrane protein structures and the implementation of standard protocols are the upcoming trend for the market.
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Pharmacophore Modelling and Virtual Screening are the key factors driving the market. Pharmacophore Modelling is used to design and optimize the small molecules, which are bound to the target proteins. Virtual screening provides a complete understanding of the active site of the target proteins. The market growth is expected to be hampered by the high cost of the instruments and the lack of generalized crystallization methods.
Factors including temperature, pH, and protein concentration affect protein stability and lead to denaturation, which has been disrupting the crystals. Maintenance of a Sustainable environment is expected to be a major challenge for the protein crystallization market, throughout the forecast period.
Protein Crystallization Market Regional Insights
North America is dominating the Protein Crystallization Market accounting for 35 percent of the whole market. The United States is the major market for protein crystallization and drives the regional growth of the market. The increasing investment by the government to help the development of diagnostics and new protein therapies, advancements in technology and increasing prevalence of complex diseases are the contributing factors for the market growth.
Europe held significant growth for the market in 2022. The regional market is driven by the presence of the leading key players such as Qiagen, and Roche, the rising expansion of the infrastructure, and the emergence of the research hubs. Sweden and Belgium are expected to hold the growth of the regional market with new protein therapies and diagnostics techniques. During the forecast period, Asia Pacific is expected to have the fastest-growing region for the Protein Crystallization Market. The development of the infrastructure, the availability of skilled professionals, and increasing research and development activities are the fuelling factors for the regional growth of the market.
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Protein Crystallization Market Segmentation
By Products
- Instruments
- Consumables
- Software and Services
Based on the products, the market is segmented into Instruments, Consumables, and Software and Services. The Consumables segment dominates the Protein Crystallization market with a 70 percent market share in 2022. Consumables Segment is again segmented into reagents, screens, and microplates. The segment is driven by a large number of microplates and kits used in the research of proteomics. The crystallization kits for the proteins offer the screening method for the determination of the optical solubility conditions of the crystallization of the protein.
By Technology
- X-ray Crystallography
- Cryo-electron Microscopy
- NMR Spectroscopy
Based on Technology, the market is categorized into X-ray Crystallography, Cryo-electron Microscopy, and NMR Spectroscopy. X-ray Crystallography dominated the market in 2022 and is expected to continue its dominance over the forecast period. X-ray Crystallography is simple, cost-effective and efficient technology and provides safe storage and transport of crystals. It includes crystallizing proteins and canning them with X-rays.
By End-User
- Pharmaceutical and Biotechnology Companies
- Academic and Research Institutes
Based on the End-User, the market is divided into Pharmaceutical and Biotechnology Companies and Academic and Research Institutes. Pharmaceutical and Biotechnology Companies held the largest market share in 2022. The segment’s growth is driven by the increasing research and development activities by government as well as private organizations. High-quality protein crystals are produced easily and quickly in Pharmaceutical and Biotechnology Companies as compared to academic research institutions.
Protein Crystallization Market Key Competitors include:
- Bruker Corporation (United States)
- Hampton Research (United States)
- RayBiotech, Inc. (United States)
- Fluidigm Corporation (United States)
- Emerald BioStructures (United States)
- MiTeGen (United States)
- Formulatrix (United States)
- Innovadyne Technologies, Inc. (United States)
- Art Robbins Instruments (United States)
- ProteinWave (United States)
- Structure Probe, Inc. (United States)
- Creative Biostructure (United States)
- CrystalMaker Software Ltd. (United Kingdom)
- TTP Labtech (United Kingdom)
- JPK Instruments AG (Germany)
- MiTeGen (United States)
- Microlytic (United Kingdom)
- Molecular Dimensions (United Kingdom)
- Molecular Dimensions (United Kingdom)
- Jena Bioscience (Germany)
- Qiagen (Germany)
- Bruker AXS (Germany)
- Attana AB (Sweden)
- Rigaku Corporation (Japan)
- Nextal Biotechnology (South Korea)
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Key questions answered in the Protein Crystallization Market are:
- What is Protein Crystallization?
- What is the CAGR of the Protein Crystallization Market?
- What was the Protein Crystallization Market Size in 2022?
- What is the expected Protein Crystallization market size during the forecast period?
- What is the scope of the Protein Crystallization Market?
- What are the Key driving factors for the growth of the Protein Crystallization Market?
- What are the different segments of the Protein Crystallization Market?
- What are the factors restraining the growth of the Protein Crystallization Market?
- What is the demand pattern of the Protein Crystallization Market?
- What major challenges could the Protein Crystallization Market face in the future?
- What growth strategies are the players considering to increase their presence in Protein Crystallization?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Protein Crystallization Market?
- What are the Key players operating in Protein Crystallization Market?
- Which region accounted for the largest market share in Protein Crystallization Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by Products, Technology and End User and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
