Meticulous Research®—a leading global market research
company, published a research report titled, ‘Protein
Expression Market by System (Mammalian [CHO, HEK 293], Non-mammalian
[Bacterial, Insect, Yeast]), Offering (Kits & Reagents, Vectors, Competent
Cells, Services), Application (Industrial, Therapeutic, Research), and End User
- Global Forecast to 2030.’
According to this latest publication from Meticulous Research®,
the protein expression market is projected to reach $5 billion by 2030, at a
CAGR of 7.6% during the forecast period. The increasing biopharmaceutical
market, growing demand for recombinant proteins, increasing cell-based
research, growing number of chronic diseases, improvements in molecular &
cellular technology to speed up bioproduction, and rising government
initiatives and funding for life science research are driving the growth of
this market. Furthermore, the potential emerging economies and the emergence of
POC technology are expected to offer significant growth opportunities for the
protein expression market.
However, the high cost of protein-based research and the
lack of skilled professionals is expected to restrain the growth of this market.
Additionally, complexities in laboratory transformation parameters are
challenging the growth of this market.
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Protein Expression Market: Future Outlook
The protein expression market is segmented based on System
Type [Mammalian Cell Expression System (Chinese Hamster Cell Lines, HEK 293
Cell Lines, and Others), Non-mammalian Cell Expression System (Bacterial Cell
Lines, Insect Cell Lines, Yeast Cell Lines, Plant Cell Lines, and Algal-based
Cell Lines), Cell-free Expression System], Product & Services [Instruments,
Kits & Reagents, Competent Cells (Chemically Competent Cells and
Electrocompetent Cells), Expression Vectors, and Services], Application
(Therapeutic, Industrial, and Research), End User (Pharmaceutical and
Biotechnology Industry, Academic and Research Institutes, and Contract Research
organizations), and Geography. The study also evaluates industry competitors
and analyses the market at the regional and country levels.
Among the system type, in 2023, the mammalian cell
expression system segment is expected to account for the largest share of the
protein expression market. The large market share of this segment is attributed
to wide acceptance due to their resemblance with human physiology, thereby
reducing efforts for post-translational modification and cross-contamination.
Also, increasing cell-based and therapeutic protein production, low cost &
ease of use of mammalian expression system supported the share.
Based on product and services, the protein expression market
is segmented into Instruments, Kits & Reagents, Competent Cells, Expression
Vectors, and Services. In 2023, the kits and reagents segment is expected to
account for the largest share of the recombinant coagulation factors market.
The growth of this segment is attributed to its repetitive use. Moreover, the
increasing number of protein-based research and the continuous need for
transfection, correct folding of proteins in research, and expanding biopharma
market supported the growth.
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Based on application, the protein expression market is
segmented into therapeutic, industrial, and research. In 2023, the therapeutic
segment is expected to account for the largest share of this market. The large
share of this segment is attributed to the growing development of therapeutic
protein-based research and government initiatives for reducing lengthy approval
time.
Based on end user, the protein expression market is
segmented into pharmaceutical and biotechnology industry, academic and research
institutes, and contract research organizations. In 2023, the pharmaceutical and
biotechnology industry segment is expected to account for the largest share of
this market. The large share of the pharmaceutical and biotechnology industry
segment is attributed to the rising proteomics research and companies'
participation in recombinant protein production due to the government's focus
on reducing approval time.
Geographic Review
This research report analyzes major geographies and provides
comprehensive market insights into North America (U.S. and Canada), Europe
(Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia-Pacific (China,
Japan, India, and Rest of Asia-Pacific), Latin America and the Middle East
& Africa.
In 2023, North America is expected to account for the
largest share of the protein expression market, followed by Europe and
Asia-Pacific. Furthermore, in 2023, the U.S. is expected to account for the
largest share of the North America market. The large share of this market is
attributed to the high R&D expenditure and presence of key market players.
Key Players
The key players operating in the protein expression market
are Thermo Fisher Scientific Inc. (U.S.), Promega Corporation (U.S.), Merck
KGaA (Germany), Bio-Rad Laboratories, Inc. (U.S.), Takara Holdings Inc.
(Japan), GenScript Biotech Corporation (U.S.), Qiagen N.V. (Germany), Agilent
Technologies, Inc. (U.S.), Danaher Corporation (U.S.), and BECTON, DICKINSON
AND COMPANY (U.S.).
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Key questions answered in the report-
Which are the high-growth market segments regarding system,
product & service, application, end user, and region/country?
What was the historical market size for protein expression
across the globe?
What are the market forecasts and estimates for 2023–2030?
What are the major drivers, restraints, and opportunities in
the global protein expression market?
Who are the major players in the global protein expression
market?
How is the competitive landscape, and who are the global
protein expression market leaders?
What are the recent developments in the protein expression
market?
What strategies are adopted by the major players in the
protein expression market?
What are the geographical trends and high-growth regions/countries?
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Protein Expression
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