According to a new report published by K D Market Insights, titled, “Protein expression Market Insights, Trends, Opportunity & Forecast, 2023–2032,” the global protein expression market size is anticipated to witness moderate growth during the forecast period i.e., 2023-2032. The increasing demand for recombinant proteins in various research, diagnostic, and therapeutic applications. Additionally, advancements in genetic engineering and biotechnology have enabled the production of proteins with high efficiency and yield. Which are the major factors augmenting the growth of the global protein expression market.
There is an increasing demand for protein biologics in the treatment of chronic diseases such as cancer, autoimmune diseases, and genetic disorders. Biologics, including vaccines, blood components, and recombinant therapeutic proteins, have shown remarkable efficacy in treating a wide range of illnesses are further expected to create ample growth opportunities for the global protein expression market during the forecast period i.e., 2023-2032. Moreover, occurrence of target illnesses, such as cancer and cardiovascular diseases, is increasing has propelled market expansion. Rising investments in research and development activities in the pharmaceutical and biotechnology sectors, is expected to contribute towards the market growth during the period.
The North America region accounted for the largest share in the global protein expression market in 2022. The region is further projected to continue dominating in the market and also register the highest CAGR in the market during the forecast period. This can be attributed to the increasing prevalence of chronic disorders, substantial investments in protein-based therapeutics research
According to system type, the cell-free expression systems segment accounted for the largest market share in the protein expression market in 2022 and is further expected to continue with the trend during the forecast period i.e., 2023 – 2032.
The global protein expression market is segmented into system type, application, end user and region. Based on system type, the market is bifurcated into mammalian cell expression systems, prokaryotic expression systems, insect cell expression systems, yeast expression systems, cell-free expression systems, algal-based expression systems. Based on application, it is classified into therapeutic, research, industrial. Based on end user, it is classified into (pharmaceutical and biotechnology companies, contract research organizations and contract development and manufacturing organizations, academic research institutes, other end users.
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The global protein expression market is analyzed across North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America) and Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa).
Key Insights of Protein expression Market
- On the basis of system type, the cell-free expression systems segment accounted for the largest market share in the protein expression market in 2022 and is further expected to continue with the trend during the forecast period i.e., 2023 – 2032.
- On the basis of region, North America accounted for the largest share in the global protein expression market in 2022. The region is further projected to continue dominating in the market during the forecast period.
- On the basis of region, Asia-Pacific is estimated to account for the second largest share in the market during the forecast period.
Some of the major protein expression companies profiled in the report include Thermo Fisher Scientific Inc., Merck KGaA, GenScript Biotech Corporation, Agilent Technologies Inc., Danaher Corporation, Sartorius AG, Takara Bio Inc., Bio-Rad Laboratories Inc., Lonza Group AG, Promega Corporation, New England Biolabs, and Oxford Expression Technologies Ltd.
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