Protein Expression Market (Expression Vector, Service, Reagent) Worth $1,396.68 Million by 2018 – New Report by MarketsandMarkets
The growth of Protein Expression market will be governed by the increasing intensity in research and the rise of biologics and proteomics markets. http://www.marketsandmarkets.com/Market-Reports/protein-expression-market-180323924.html
(PRWEB) May 21, 2014
The “Protein Expression Market by Expression Systems (Mammalian, Prokaryotic, Baculovirus, Yeast), by Products (Expression Vector, Service, Reagent), by Application (Industrial, Therapeutic) by End User (Pharmaceutical, Biotechnology, CRO) – Global Forecast to 2018” provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the global protein expression market along with the estimates and forecasts of the revenue and share analysis.
Browse 111 market data Tables and 36 Figures spread through 280 Pages and in-depth TOC on "Protein Expression Market”
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The report segments this market by expression systems, products, applications, and end users. The expression system segment includes insect, mammalian, prokaryotic, yeast, and others. Of these, the prokaryotic segment commanded the largest share of the global protein expression market, by expression in 2013.
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The use of E.coli as the preferred host cell for large quantity and cheap protein expression and production has accounted for the highest share of prokaryotic expression systems. The mammalian segment is poised to grow at the highest CAGR between 2013 and 2018. With the rise in demand for therapeutic proteins, the need for proteins with appropriate post-translational modifications will increase, thus driving the speedy growth of the mammalian expression systems.
The global protein expression market is expected to grow at a CAGR of 8.83% between 2013 and 2018, to reach $1,396.68 million in 2018. Protein expression refers to the way in which proteins are synthesized, modified, and regulated in living organisms. The expression and production of recombinant proteins has numerous commercial applications. The growth of this market will be governed by the increasing intensity in research and the rise of biologics and proteomics markets. However, the R&D expenditure cuts and the high degree of market consolidation will restrain the growth of market during the forecast period between 2013 and 2018.
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The product segments included in this report are competent cells, expression vectors, instruments, reagents, and services. The reagents segment commanded the largest share of the global protein expression market in 2013, while the services segment is poised to grow at the highest CAGR between 2013 and 2018.
Since chemical transfection is easier and less expensive, chemical reagents are used for transfections and maintenance of cell lines in large numbers. Also, the large numbers of reagents in the markets is because the consumption of reagents is a recurring event as opposed to the relatively less consumption of vectors and competent host cells. As companies have now started to offer services that provide custom optimization of protein expression, emerging research labs and companies who lack resources and expertise will be highly benefitted. Since the protein expression market is expected to grow at a CAGR of 8.83% between 2013 and 2018, the increasing need for protein expression will boost the growth of the services offered by companies.
The applications segment of the global protein expression market comprises of industrial proteins, research applications, and therapeutic proteins. Of these, the therapeutic proteins segment commanded the largest share of the global market in 2013. It is also poised to grow at the highest CAGR between 2013 and 2018, owing to the versatile advantages of therapeutic proteins over small molecule drugs to alleviate diseases.
Based on geography, the global protein expression market is segmented into Asia, Europe, North America, and Rest of the World (RoW). The Asia segment includes the regional segments of China, India, Japan, and Rest of Asia (RoA). The Europe segment is further divided into the regional segments of France, Germany, Italy, Spain, the U.K., and the Rest of Europe (RoE). North America is further divided into regional segments of Canada and U.S. The Rest of the World (RoW) segment is further divided into the regional segments of Latin America, Middle East and Africa, and Pacific countries.
The major players in the protein expression market are Agilent Technologies, Inc. (U.S.), Bio-Rad Laboratories (U.S.), Life Technologies Corporation (U.S.), Merck Millipore (U.S.), New England Biolabs, Inc. (U.S.), Promega Corporation (U.S.), QIAGEN (Netherlands), Sigma-Aldrich Corporation (U.S.), Takara Bio, Inc. (Japan), and Thermo Fischer Scientific, Inc. (U.S.).
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