The global protein expression market was valued at around US$ 2.2 Bn at the end of 2021. The market is projected to register a 7.5% CAGR and top a valuation of US$ 4.7 Bn by 2032.
“Increasing applications in research and clinical procedures and rising demand for therapeutic proteins in research applications is expected to uplift the protein expression market growth.”
Protein expression is a biotechnological technique that manipulates gene expression in any organism to produce and obtain particular proteins. Because it expresses a significant amount of recombinant genes, protein expression has gained importance in the field of biotechnology research.
One of the earliest protein expression platforms was the prokaryotic system via Escherichia coli, which was then followed by additional protein expression platforms like algae, insect cells, yeast systems, and mammals.
Biochemistry, molecular biology, and protein research are the fields that depend on functioning proteins for their analysis; thus, protein expression has emerged as a crucial laboratory tool. The technology can also deliver the enzymes or substrates required for additional analysis. Research kits are available that include a variety of chemically competent bacterial cells, including E. coli cells, that are ideal for protein expression and transformation.
| Attributes | Details |
|---|---|
| Protein Expression Market Value in 2021 | US$ 2.2 Billion |
| Protein Expression Market Value in 2032 | US$ 4.7 Billion |
| Protein Expression Market CAGR (2022 to 2032) | 7.5% |
The rise in pharmaceutical research and development activities, opportunities in the field of proteomics, developments in the biologics market, and the rising prevalence of chronic diseases are the driving forces behind the protein expression market. Additionally, the industry is expected to grow due to the increasing demand for biologicals, as they play a vital role in the treatment of several health illnesses.
A significant opportunity for the development of the protein expression industry has also been generated by biotechnology-based companies through the development of innovative treatments with minimal side effects. The chances for expansion provided by technology advancement and product introduction are being augmented by the pharmaceutical industry's rising research intensity. Because of the growing use of genetic engineering and biotechnology in the pharmaceutical business and in the field of medicine, the market for protein expression is therefore very appealing and lucrative and is expected to grow at the same rate in the projected period.
Geographically, the protein expression market is broadly divided into seven major regions, North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa.
Among all these regions, North America is expected to hold the largest share in the protein expression market owing to the increasing presence of large biotechnology firms and the growing research and development activities in the pharmaceutical organization.
On the other hand, the European nations are exhibiting a sustainable growth environment for the shareholders in the market. The developing research infrastructure in Europe will drive the protein expression market as it is expected to create new opportunities for the stakeholders.
Some of the key manufacturers operating in the protein expression market are Merck KGaA, Agilent Technologies, Inc., Life Technologies Corporation (Thermo Fisher Scientific, Inc.), New England Biolabs., QIAGEN, TAKARA BIO INC., Bio-Rad Laboratories, Inc., Promega Corporation., GenScript Biotech Corporation, and Oxford Expression Technology.
| Report Attributes | Details |
|---|---|
| Growth Rate | CAGR of 7.5% 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2012 to 2021 |
| Forecast Period | 2022 to 2032 |
| Qualitative Units | US$ Billion for Value |
| Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
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| Customization | Available Upon Request |
The global protein expression market is anticipated to register a CAGR of 7.5% during the forecast period.
The global protein expression market is projected to be about US$ 4.7 Bn by the end of year 2032.
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Protein Expression Market
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