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Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Protein Characterization and Identification Market: By Product, Application, By End User and Geography
Protein Characterization and Identification Market: By Product, Application, By End User and Geography
Protein Characterization And Identification Market size was valued at US$ 12,846.3 million in 2023 and is poised to grow at a CAGR of 14.4% over 2024-2030. The market refers to the industry involved in the study and analysis of proteins to understand their structure, function, interactions, and tasks in various biological processes. The market has witnessed significant growth in recent years majorly due to growth in drug discovery and development process. For instance, CDER identified 20 of the 37 novel drugs approved in 2022 (54%) as first-in-class and from 2013 through 2022, CDER has averaged about 43 novel drug approvals per year.
Moreover, fast advancement in technologies such as protein microarrays, spectroscopy, and chromatography has significantly contributed to the market growth. However, the high cost associated with sophisticated protein characterization techniques is creating challenges for the growth of the market. Furthermore, developing markets with unexplored potential in developing regions and rising demand for biomarker discovery create potential opportunities. Additionally, market players are investing in research and development activities to meet the evolving demands of the customers. For Instance, in March 2021, Thermo Fisher Scientific announced a collaboration with Protein Metrics’ Byos software solution to enhance mass spectrometry data analysis for biopharmaceutical and proteomics applications.
Study Period
2024-2030Base Year
2023CAGR
14.4%Largest Market
North AmericaFastest Growing Market
Asia Pacific
The Protein characterization and identification technique plays a major role in studying disease-related proteins, disease biomarkers, and therapeutic agents. The rising adoption of protein-based therapeutics, such as monoclonal antibodies, recombinant proteins, and vaccines, has driven the need for robust protein characterization and identification methods. These techniques ensure the quality, purity, and potency of protein-based therapeutics, contributing to market growth.
On top of that, proteomics research has attracted a lot of interest because of its potential for aiding in comprehending disease causes, finding new drugs, and developing customized treatments. Because of the emphasis on proteomics research, there is a growing market for sophisticated methods of protein characterization and identification.
Protein characterization and identification market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The North America market is dominating mainly due to the increasing frequency of chronic diseases such as cardiovascular diseases, cancer, neurological diseases, and so on.
According to the Centers for Disease Control and Prevention (CDC), 6 in 10 Americans live with at least one chronic disease, like heart disease and stroke, cancer, or diabetes. Additionally, this region's well-established healthcare infrastructure, presence of major market players, and substantial investments in research and development contribute to market growth.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 12,846.3 million |
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Market CAGR |
14.4% |
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By Product |
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By Application |
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By End User |
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By Region |
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Download Free Sample Report
Protein characterization and identification market was valued at US$ 12,846.3 Million in 2023 and is anticipated to grow at a CAGR of 14.4% over 2024-2030.
Growing emphasis on precision medicine, increasing research and development activities, expansion of emerging market, and collaboration and partnerships between key players are some of the key opportunities for the growth over the forecast years.
The advancements in mass spectrometry techniques and integration of artificial intelligence (AI) and machine learning are some of the major trends in the protein characterization and identification market.
Thermo Fisher Scientific, Inc., Danaher Corporation, Merck KGaA, Waters Corporation,Agilent Technologies, Sartorius AG, Bio-Rad Laboratories, Inc., QIAGEN N.V., PerkinElmer, Inc., Promega Corporation, Sigma-Aldrich, Purolite, Bruker Corporation, Protein Metrics are some of the key market players.
| 1.Executive Summary |
| 2.Global Protein Characterization And Identification Market Introduction |
| 2.1.Global Protein Characterization And Identification Market - Taxonomy |
| 2.2.Global Protein Characterization And Identification Market - Definitions |
| 2.2.1.Product |
| 2.2.2.Application |
| 2.2.3.End User |
| 2.2.4.Region |
| 3.Global Protein Characterization And Identification Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Protein Characterization And Identification Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Protein Characterization And Identification Market By Product, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Consumables |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Instruments |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Software |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Services |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6.Global Protein Characterization And Identification Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Drug Discovery and Development |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Disease Diagnosis |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Scientific Research |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Others |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7.Global Protein Characterization And Identification Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Diagnostic Laboratories |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Academic and Research institutions |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Biotechnology and Pharmaceutical Industries |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Contract Research Organizations |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Others |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.Global Protein Characterization And Identification Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Protein Characterization And Identification Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Consumables |
| 9.1.2.Instruments |
| 9.1.3.Software |
| 9.1.4.Services |
| 9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Drug Discovery and Development |
| 9.2.2.Disease Diagnosis |
| 9.2.3.Scientific Research |
| 9.2.4.Others |
| 9.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Diagnostic Laboratories |
| 9.3.2.Academic and Research institutions |
| 9.3.3.Biotechnology and Pharmaceutical Industries |
| 9.3.4.Contract Research Organizations |
| 9.3.5.Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Protein Characterization And Identification Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Consumables |
| 10.1.2.Instruments |
| 10.1.3.Software |
| 10.1.4.Services |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Drug Discovery and Development |
| 10.2.2.Disease Diagnosis |
| 10.2.3.Scientific Research |
| 10.2.4.Others |
| 10.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Diagnostic Laboratories |
| 10.3.2.Academic and Research institutions |
| 10.3.3.Biotechnology and Pharmaceutical Industries |
| 10.3.4.Contract Research Organizations |
| 10.3.5.Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 11.Asia Pacific (APAC) Protein Characterization And Identification Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Consumables |
| 11.1.2.Instruments |
| 11.1.3.Software |
| 11.1.4.Services |
| 11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Drug Discovery and Development |
| 11.2.2.Disease Diagnosis |
| 11.2.3.Scientific Research |
| 11.2.4.Others |
| 11.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Diagnostic Laboratories |
| 11.3.2.Academic and Research institutions |
| 11.3.3.Biotechnology and Pharmaceutical Industries |
| 11.3.4.Contract Research Organizations |
| 11.3.5.Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Protein Characterization And Identification Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Consumables |
| 12.1.2.Instruments |
| 12.1.3.Software |
| 12.1.4.Services |
| 12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Drug Discovery and Development |
| 12.2.2.Disease Diagnosis |
| 12.2.3.Scientific Research |
| 12.2.4.Others |
| 12.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Diagnostic Laboratories |
| 12.3.2.Academic and Research institutions |
| 12.3.3.Biotechnology and Pharmaceutical Industries |
| 12.3.4.Contract Research Organizations |
| 12.3.5.Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Protein Characterization And Identification Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Consumables |
| 13.1.2.Instruments |
| 13.1.3.Software |
| 13.1.4.Services |
| 13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Drug Discovery and Development |
| 13.2.2.Disease Diagnosis |
| 13.2.3.Scientific Research |
| 13.2.4.Others |
| 13.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Diagnostic Laboratories |
| 13.3.2.Academic and Research institutions |
| 13.3.3.Biotechnology and Pharmaceutical Industries |
| 13.3.4.Contract Research Organizations |
| 13.3.5.Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Thermo Fisher Scientific, Inc. |
| 14.2.2.Danaher Corporation |
| 14.2.3.Merck KGaA |
| 14.2.4.Waters Corporation |
| 14.2.5.Agilent Technologies |
| 14.2.6.Sartorius AG |
| 14.2.7.Bio-Rad Laboratories, Inc. |
| 14.2.8.QIAGEN N.V. |
| 14.2.9.PerkinElmer, Inc. |
| 14.2.10.Promega Corporation |
| 14.2.11.Sigma-Aldrich |
| 14.2.12.Purolite |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthcare domain, encompassing pharmaceuticals, medical devices, and diagnostics. A graduate in Pharmacy, he possesses a strong foundation in the intricacies of the healthcare sector. He further enhanced his expertise by pursuing an MBA in Pharmaceuticals, equipping him with valuable business acumen. His analytical skills and market insights have contributed to strategic decision-making and enhanced market positioning for various healthcare organizations. Committed to driving innovation and excellence, Muni continues to seek opportunities to improve healthcare delivery through data-driven insights.