Global Protein Characterization and Identification Market Overview
The Global Protein Characterization and Identification market was valued at USD 3.11 billion in 2023 and is expected to reach 6.26 billion by the year 2032, at a CAGR of 9.7%.
Protein characterization can be an extensive field of study covering an extensive range of analytical methods and techniques. Even though biochemists have made remarkable advances in protein analysis, the process of identifying and purifying novel proteins remains a forbidding task. This is largely owing to the scarcity of a universal solution for macromolecules with divergent aggregation states, structures, charges, and sizes. Proteins form the fundamental component of human life and therefore, they are an important subject of study and research. Furthermore, protein characterization and identification are the basic research process to analyze the contents of a protein based on its molecular weight and their charge. The requirements for protein characterization and identification are high for clinical diagnosis, agricultural and environmental research, and drug discovery and development.
The research process finds application over end-use sectors such as biotechnology, pharmaceutical, academic research institutes, and contract research organizations. The demand for protein characterization and identification is high for medical diagnosis, agricultural and ecological research, and drug detection and expansion. The research procedure finds application over end-use sections such as biotechnology, pharmaceutical, academic research institutes, and contract research organizations.
COVID-19 Impact On Protein Characterization And Identification Market
Most industries over the globe have been poorly influenced over the last 18 months. This can be attributed to significant disruptions faced by their respective manufacturing and supply-chain operations as a result of various precautionary lockdowns, as well as other limitations that were executed by governing authorities over the world. The same applies to the global Protein Characterization and Identification market. Furthermore, consumer demand has also eventually declined as individuals are now determined on removing non-essential expenses from their respective budgets as the general economic status of most individuals has been severely influenced by this pandemic. These elements are anticipated to burden the revenue course of the global Protein Characterization and Identification market during the forecast period. Nevertheless, as respective governing authorities begin to lift these enforced lockdowns, the global Protein Characterization and Identification market is anticipated to regain accordingly. As the WHO officially declared the outbreak of COVID-19 a crisis, a mix of established pharmaceutical and biopharmaceutical companies have increased R&D and producing efforts to develop and distribute test kits, vaccines, and drugs against the SARS-CoV-2 virus. To accelerate the R&D process, many pharmaceutical and biotechnology companies teamed up with CROs through long-term agreements, collaborations and partnerships, over the world. For example, in January 2021, Avacta Group (UK) invaded a collaboration with Bruker Corporation (US) to estimate the bead-assisted mass spectrometry (BAMS) SARS-CoV-2 assay that the group produced with Adeptrix.
Market Dynamics And Factors For The Protein Characterization And Identification Market
Drivers:
To secure feasible growth, pharmaceutical and biotechnology companies are paying high attention to research and development activities. As a result, they are pouring large funds into such activities, which has a direct positive impact on the growth of the global protein characterization and identification market. In addition, the rising emphasis on drug discovery and development has favored the market for protein characterization and identification. Protein analysis is an important stage of pharma and biologic product development to identify potential candidates. Therefore, the drive to discover the latest and advanced drugs has received a significant enhancement with the acceptance of novel drug therapies. The resulting growth in R&D and expenditure will therefore favor the protein identification and characterization market. As per the Evaluate Pharma report, global pharmaceutical R&D spending was valued at USD 136 billion in 2012; this raised to USD 186 billion in 2019.
The vigorous growth of the biologics and proteomics sectors is also one of the major factors fueling the adoption of protein characterization and identification. Apart from this, different governments globally are investing large sums in proteomics research, which is providing a spur to the global protein characterization and identification market.
Restraints:
The excessive cost of instruments used in protein characterization and identification is playing a major obstacle to the growth of the market. Moreover, scarcity of knowledge about the right choice of technology and sample preparation also affects results and poses different direct and indirect expenses for end users.
Opportunities:
The Asia Pacific market is anticipated to provide growth opportunities for players due to the growing target of using protein analysis-based technologies for drug discovery, rising R&D initiatives to develop innovative proteomic and genomic techniques, different healthcare markets, and boosting research infrastructure. For example, In May 2021, Purolite declared a strategic collaboration with PharmNXT Biotech to cater Praesto mAb chromatography resin platform to South Korea and Singapore.
Market Segmentation
Segmentation Analysis of Protein Characterization and Identification Market:
Based on Product Type, the consumables segment is expected to register the maximum market share during the forecast period. Due to the rapid accessibility of a wide range of reagents and the requirement for reliable, specific, and rapid detection of diseases at the early stages. Moreover, tandem mass spectrometry forms the consumables segment is an efficient technique for the identification of peptides based on their fragmentation pattern (MS/MS scan). It can create individual spectra for each peptide, thereby creating a powerful tool for protein identification based on peptide characterization. This important advance in automatic data accession has enabled an efficient association between liquid chromatography and tandem mass spectrometry, and the use of nanocolumns and Nano electrospray ionization has compelling increased the efficiency of this method.
Based on Application, the drug discovery & development segment is expected to register the maximum market share during the forecast period. Due to the growing R&D expenditure and rising number of clinical trials for emerging developed therapeutics. Clinical trials take place in four distinct phases, the first three before the drug is marketed and the fourth phase begins when the pharmaceutical is prescribed for the first time and continues for the lifetime of the product.
Based on End-Users, the pharmaceutical & biotechnology companies segment dominated the market due to rising R&D expenditure of pharmaceutical and biotechnology companies and growing drug discovery activities. Disease processes, molecular compound tests, existing treatments with unanticipated effects, and the latest technologies trigger the drug discovery by the cycle.
Regional Analysis of Protein Characterization and Identification Market:
Asia Pacific region is expected to dominate the market for protein characterization and identification during the forecast period. The region is home to a large number of companies producing biotechnological analytical devices. The rising investments by governments of developing countries in research and development activities are heading to the greater uptake of protein electrophoresis equipment in the region. The expansion of APAC can also be attributed to the easy accessibility of raw materials and reagents. Japan and China will be key revenue backers to the growth of the protein characterization and identification market.
North America accounted for the largest share of the protein characterization and identification market, followed by Europe. The large share of the North American regional segment can be attributed to the accessibility of investment for innovative technologies from government organizations and the rising number of agreements and partnerships among large companies.
Europe will also represent a significant share in the protein characterization and identification market over the forecast period, with France and the U.K. being sights of high growth rate.
Players Covered in Protein Characterization and Identification Market are:
- General Electric Company (US)
- Cleaver Scientific (UK)
- Bio-Rad Laboratories Inc. (US)
- Merck KGaA (Germany)
- Danaher Corporation (US)
- Agilent Technologies Inc (US)
- Waters Corporation (US)
- Shimadzu Corporation (Japan)
- Creative Proteomics (US)
- PerkinElmer Inc. (the US)
- MS Bioworks (US)
- Rigaku Corporation (Japan)
- Analytik Jena (Germany)
- VProteomics (India)
- Promega Corporation (US)
- Bruker Corporation (US)
- Sartorius AG (Germany)
- HORIBA Ltd. (Japan)
- QIAGEN N.V. (Netherlands)
- Thermo Fisher Scientific Inc. (US)
- JEOL Ltd. (Japan)
- MassTech Inc. (US)
- Advion Inc. (the US)
- SERVA Electrophoresis GmbH (Germany)
- MilliporeSigma (US) and Other Major Players.
Key Industry Developments In Protein Characterization And Identification Market
- In February 2021, Thermo Fisher Scientific declared that the introduction of its flexible, online 2D-liquid chromatography (LC) systems. Thermo Scientific Vanquish Online 2D-Liquid Chromatography (LC) Systems provide a robust and flexible platform for environmental testing, pharmaceutical/biopharmaceutical R&D, food safety, omics, and polymer analysis scientists to characterize complex samples in-depth with the highest confidence.
- In May 2021, Danaher Corporation and Waters Corporation joined hands to introduce Waters ultra-performance liquid chromatography instruments.
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Product Type
3.2 By Application
3.3 By End-User
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Protein Characterization And Identification Market by Product Type
5.1 Protein Characterization And Identification Market Overview Snapshot and Growth Engine
5.2 Protein Characterization And Identification Market Overview
5.3 Consumables Immunoassay {Mass Spectrometry Consumables
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Consumables Immunoassay {Mass Spectrometry Consumables: Grographic Segmentation
5.4 Chromatography Consumables
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Chromatography Consumables: Grographic Segmentation
5.5 Electrophoresis Consumables
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Electrophoresis Consumables: Grographic Segmentation
5.6 Others}
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2016-2028F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Others}: Grographic Segmentation
5.7 Instruments {Mass Spectrometry Instruments
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size (2016-2028F)
5.7.3 Key Market Trends, Growth Factors and Opportunities
5.7.4 Instruments {Mass Spectrometry Instruments: Grographic Segmentation
5.8 Chromatography Instruments
5.8.1 Introduction and Market Overview
5.8.2 Historic and Forecasted Market Size (2016-2028F)
5.8.3 Key Market Trends, Growth Factors and Opportunities
5.8.4 Chromatography Instruments: Grographic Segmentation
5.9 Electrophoresis Instruments
5.9.1 Introduction and Market Overview
5.9.2 Historic and Forecasted Market Size (2016-2028F)
5.9.3 Key Market Trends, Growth Factors and Opportunities
5.9.4 Electrophoresis Instruments: Grographic Segmentation
5.10 Others}
5.10.1 Introduction and Market Overview
5.10.2 Historic and Forecasted Market Size (2016-2028F)
5.10.3 Key Market Trends, Growth Factors and Opportunities
5.10.4 Others}: Grographic Segmentation
5.11 Services
5.11.1 Introduction and Market Overview
5.11.2 Historic and Forecasted Market Size (2016-2028F)
5.11.3 Key Market Trends, Growth Factors and Opportunities
5.11.4 Services: Grographic Segmentation
Chapter 6: Protein Characterization And Identification Market by Application
6.1 Protein Characterization And Identification Market Overview Snapshot and Growth Engine
6.2 Protein Characterization And Identification Market Overview
6.3 Drug Discovery & Development
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Drug Discovery & Development: Grographic Segmentation
6.4 Clinical Diagnosis
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Clinical Diagnosis: Grographic Segmentation
6.5 Other
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Other: Grographic Segmentation
Chapter 7: Protein Characterization And Identification Market by End-User
7.1 Protein Characterization And Identification Market Overview Snapshot and Growth Engine
7.2 Protein Characterization And Identification Market Overview
7.3 Pharmaceutical & Biotechnology Companies
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size (2016-2028F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Pharmaceutical & Biotechnology Companies: Grographic Segmentation
7.4 Academic Research Institutions
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size (2016-2028F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Academic Research Institutions: Grographic Segmentation
7.5 Contract Research Organizations
7.5.1 Introduction and Market Overview
7.5.2 Historic and Forecasted Market Size (2016-2028F)
7.5.3 Key Market Trends, Growth Factors and Opportunities
7.5.4 Contract Research Organizations: Grographic Segmentation
7.6 Other
7.6.1 Introduction and Market Overview
7.6.2 Historic and Forecasted Market Size (2016-2028F)
7.6.3 Key Market Trends, Growth Factors and Opportunities
7.6.4 Other: Grographic Segmentation
Chapter 8: Company Profiles and Competitive Analysis
8.1 Competitive Landscape
8.1.1 Competitive Positioning
8.1.2 Protein Characterization And Identification Sales and Market Share By Players
8.1.3 Industry BCG Matrix
8.1.4 Ansoff Matrix
8.1.5 Protein Characterization And Identification Industry Concentration Ratio (CR5 and HHI)
8.1.6 Top 5 Protein Characterization And Identification Players Market Share
8.1.7 Mergers and Acquisitions
8.1.8 Business Strategies By Top Players
8.2 GENERAL ELECTRIC COMPANY
8.2.1 Company Overview
8.2.2 Key Executives
8.2.3 Company Snapshot
8.2.4 Operating Business Segments
8.2.5 Product Portfolio
8.2.6 Business Performance
8.2.7 Key Strategic Moves and Recent Developments
8.2.8 SWOT Analysis
8.3 CLEAVER SCIENTIFIC
8.4 BIO-RAD LABORATORIES INC.
8.5 MERCK KGAA
8.6 DANAHER CORPORATION
8.7 AGILENT TECHNOLOGIES INC
8.8 WATERS CORPORATION
8.9 SHIMADZU CORPORATION
8.10 CREATIVE PROTEOMICS
8.11 PERKINELMER INC.
8.12 MS BIOWORKS
8.13 RIGAKU CORPORATION
8.14 ANALYTIK JENA
8.15 VPROTEOMICS
8.16 PROMEGA CORPORATION
8.17 BRUKER CORPORATION
8.18 SARTORIUS AG
8.19 HORIBA LTD.
8.20 QIAGEN N.V.
8.21 THERMO FISHER SCIENTIFIC INC.
8.22 JEOL LTD.
8.23 MASSTECH INC.
8.24 ADVION INC.
8.25 SERVA ELECTROPHORESIS GMBH
8.26 MILLIPORESIGMA
8.27 OTHER MAJOR PLAYERS
Chapter 9: Global Protein Characterization And Identification Market Analysis, Insights and Forecast, 2016-2028
9.1 Market Overview
9.2 Historic and Forecasted Market Size By Product Type
9.2.1 Consumables Immunoassay {Mass Spectrometry Consumables
9.2.2 Chromatography Consumables
9.2.3 Electrophoresis Consumables
9.2.4 Others}
9.2.5 Instruments {Mass Spectrometry Instruments
9.2.6 Chromatography Instruments
9.2.7 Electrophoresis Instruments
9.2.8 Others}
9.2.9 Services
9.3 Historic and Forecasted Market Size By Application
9.3.1 Drug Discovery & Development
9.3.2 Clinical Diagnosis
9.3.3 Other
9.4 Historic and Forecasted Market Size By End-User
9.4.1 Pharmaceutical & Biotechnology Companies
9.4.2 Academic Research Institutions
9.4.3 Contract Research Organizations
9.4.4 Other
Chapter 10: North America Protein Characterization And Identification Market Analysis, Insights and Forecast, 2016-2028
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Product Type
10.4.1 Consumables Immunoassay {Mass Spectrometry Consumables
10.4.2 Chromatography Consumables
10.4.3 Electrophoresis Consumables
10.4.4 Others}
10.4.5 Instruments {Mass Spectrometry Instruments
10.4.6 Chromatography Instruments
10.4.7 Electrophoresis Instruments
10.4.8 Others}
10.4.9 Services
10.5 Historic and Forecasted Market Size By Application
10.5.1 Drug Discovery & Development
10.5.2 Clinical Diagnosis
10.5.3 Other
10.6 Historic and Forecasted Market Size By End-User
10.6.1 Pharmaceutical & Biotechnology Companies
10.6.2 Academic Research Institutions
10.6.3 Contract Research Organizations
10.6.4 Other
10.7 Historic and Forecast Market Size by Country
10.7.1 U.S.
10.7.2 Canada
10.7.3 Mexico
Chapter 11: Europe Protein Characterization And Identification Market Analysis, Insights and Forecast, 2016-2028
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Product Type
11.4.1 Consumables Immunoassay {Mass Spectrometry Consumables
11.4.2 Chromatography Consumables
11.4.3 Electrophoresis Consumables
11.4.4 Others}
11.4.5 Instruments {Mass Spectrometry Instruments
11.4.6 Chromatography Instruments
11.4.7 Electrophoresis Instruments
11.4.8 Others}
11.4.9 Services
11.5 Historic and Forecasted Market Size By Application
11.5.1 Drug Discovery & Development
11.5.2 Clinical Diagnosis
11.5.3 Other
11.6 Historic and Forecasted Market Size By End-User
11.6.1 Pharmaceutical & Biotechnology Companies
11.6.2 Academic Research Institutions
11.6.3 Contract Research Organizations
11.6.4 Other
11.7 Historic and Forecast Market Size by Country
11.7.1 Germany
11.7.2 U.K.
11.7.3 France
11.7.4 Italy
11.7.5 Russia
11.7.6 Spain
11.7.7 Rest of Europe
Chapter 12: Asia-Pacific Protein Characterization And Identification Market Analysis, Insights and Forecast, 2016-2028
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Product Type
12.4.1 Consumables Immunoassay {Mass Spectrometry Consumables
12.4.2 Chromatography Consumables
12.4.3 Electrophoresis Consumables
12.4.4 Others}
12.4.5 Instruments {Mass Spectrometry Instruments
12.4.6 Chromatography Instruments
12.4.7 Electrophoresis Instruments
12.4.8 Others}
12.4.9 Services
12.5 Historic and Forecasted Market Size By Application
12.5.1 Drug Discovery & Development
12.5.2 Clinical Diagnosis
12.5.3 Other
12.6 Historic and Forecasted Market Size By End-User
12.6.1 Pharmaceutical & Biotechnology Companies
12.6.2 Academic Research Institutions
12.6.3 Contract Research Organizations
12.6.4 Other
12.7 Historic and Forecast Market Size by Country
12.7.1 China
12.7.2 India
12.7.3 Japan
12.7.4 Singapore
12.7.5 Australia
12.7.6 New Zealand
12.7.7 Rest of APAC
Chapter 13: Middle East & Africa Protein Characterization And Identification Market Analysis, Insights and Forecast, 2016-2028
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Product Type
13.4.1 Consumables Immunoassay {Mass Spectrometry Consumables
13.4.2 Chromatography Consumables
13.4.3 Electrophoresis Consumables
13.4.4 Others}
13.4.5 Instruments {Mass Spectrometry Instruments
13.4.6 Chromatography Instruments
13.4.7 Electrophoresis Instruments
13.4.8 Others}
13.4.9 Services
13.5 Historic and Forecasted Market Size By Application
13.5.1 Drug Discovery & Development
13.5.2 Clinical Diagnosis
13.5.3 Other
13.6 Historic and Forecasted Market Size By End-User
13.6.1 Pharmaceutical & Biotechnology Companies
13.6.2 Academic Research Institutions
13.6.3 Contract Research Organizations
13.6.4 Other
13.7 Historic and Forecast Market Size by Country
13.7.1 Turkey
13.7.2 Saudi Arabia
13.7.3 Iran
13.7.4 UAE
13.7.5 Africa
13.7.6 Rest of MEA
Chapter 14: South America Protein Characterization And Identification Market Analysis, Insights and Forecast, 2016-2028
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Product Type
14.4.1 Consumables Immunoassay {Mass Spectrometry Consumables
14.4.2 Chromatography Consumables
14.4.3 Electrophoresis Consumables
14.4.4 Others}
14.4.5 Instruments {Mass Spectrometry Instruments
14.4.6 Chromatography Instruments
14.4.7 Electrophoresis Instruments
14.4.8 Others}
14.4.9 Services
14.5 Historic and Forecasted Market Size By Application
14.5.1 Drug Discovery & Development
14.5.2 Clinical Diagnosis
14.5.3 Other
14.6 Historic and Forecasted Market Size By End-User
14.6.1 Pharmaceutical & Biotechnology Companies
14.6.2 Academic Research Institutions
14.6.3 Contract Research Organizations
14.6.4 Other
14.7 Historic and Forecast Market Size by Country
14.7.1 Brazil
14.7.2 Argentina
14.7.3 Rest of SA
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
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Global Protein Characterization And Identification Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 3.11 Bn. |
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Forecast Period 2023-32 CAGR: |
9.7% |
Market Size in 2032: |
USD 6.26 Bn. |
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Segments Covered: |
By Product Type |
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By Application |
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By End Users |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the Protein Characterization and Identification Market research report is 2024-2032.
General Electric Company (US), Cleaver Scientific (UK), Bio-Rad Laboratories Inc. (US), Merck KGaA (Germany), Danaher Corporation (US), Agilent Technologies Inc (US), Waters Corporation (US), Shimadzu Corporation (Japan), Creative Proteomics (US), PerkinElmer Inc. (the US), MS Bioworks (US), Rigaku Corporation (Japan), Analytik Jena (Germany), VProteomics (India), Promega Corporation (US), Bruker Corporation (US), Sartorius AG (Germany), HORIBA Ltd. (Japan), QIAGEN N.V. (Netherlands), Thermo Fisher Scientific Inc. (US), JEOL Ltd. (Japan), MassTech Inc. (US), Advion Inc. (the US), SERVA Electrophoresis GmbH (Germany), MilliporeSigma (US), and other major players.
The Protein Characterization and Identification Market is segmented into Product Type, Application, End Users, and region. By Product Type, the market is categorized into Consumables Immunoassay {Mass Spectrometry Consumables, Chromatography Consumables, Electrophoresis Consumables, Others}, Instruments {Mass Spectrometry Instruments, Chromatography Instruments, Electrophoresis Instruments, Others}, Services. By Application, the market is categorized into Drug Discovery & Development, Clinical Diagnosis, and Other. By End-User the market is categorized into Pharmaceutical & Biotechnology Companies, Academic Research Institutions, Contract Research Organizations, and Other. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Protein characterization can be an extensive field of study covering an extensive range of analytical methods and techniques. Even though biochemists have made remarkable advances in protein analysis, the process of identifying and purifying novel proteins remains a forbidding task. This is largely owing to the scarcity of a universal solution for macromolecules with divergent aggregation states, structures, charges, and sizes.
The Global Protein Characterization and Identification market was valued at USD 3.11 billion in 2023 and is expected to reach 6.26 billion by the year 2032, at a CAGR of 9.7%.
