Industry Insights by Product & Services (Expression Vectors, Competent Cells, Reagents, Instruments, Services), by Systems (Prokaryotic Expression Systems, Yeast Expression Systems, Mammalian Cell Expression Systems, Algal-Based Expression Systems Insect Cell Expression Systems, Cell-Free Expression Systems), by Application (Therapeutics, Research, Industrial), by End-User (Academic Research Institutes, Contract Research Organizations, Pharmaceutical And Biotechnology Companies, Others)

NEW YORK, May 13, 2019 (GLOBE NEWSWIRE) -- The global protein expression market was valued at USD 1.9 billion in 2018 and is expected to reach USD 3.7 billion by 2024. The significant growth in the protein expression industry is primarily due to the increasing funds from government and non-government organization for protein research, the soaring prevalence of chronic diseases, rising life science industry. The protein expression market is poised to grow at a CAGR of 12.2% during the forecast period (2019-2024).

Get a free copy of sample report: https://www.vynzresearch.com/healthcare/protein-expression-market/request-sample

Increasing research and development and growing lifesciences industry are key to the growth of the global protein expression market

The increasing investment from government and non-government organization with respect to protein research and the growing life science industry are the primary factors driving the growth of the protein expression industry. The increase in prevalence of chronic diseases that requires therapeutic approach will also spur the growth of the market.

Lifesciences and biopharmaceutical companies are investing in research and development of biologics. With the high adverse effects and toxicity of the drug interaction for small molecule drugs, the demand for biologics is anticipated to increase. Biologics are more effective and have fewer side effects, thus, illustrating the high demand for protein expression systems in the coming years.

Microfluidics technology offers immense opportunities for manufacturers and researchers to explore the new areas for growth in the protein expression industry. Several studies are being conducted across the globe such as the one supported by the Cancer Research UK (CRUK multiplexed single cell protein expression analysis in solid tumours using a miniaturised microfluidic assay. This growing adoption of microfluidic devices in profiling protein will provide manufacturers to advance and explore the opportunities that the technology holds.

Explore key industry insights in 65 tables and 44 figures from the 167 pages of report, “Global Protein Expression Market Analysis and Forecast to 2024 - Industry Insights by Product & Services (Expression Vectors, Competent Cells, Reagents, Instruments, Services), by Systems (Prokaryotic Expression Systems, Yeast Expression Systems, Mammalian Cell Expression Systems, Algal-Based Expression Systems Insect Cell Expression Systems, Cell-Free Expression Systems), by Application (Therapeutics, Research, Industrial), by End-User (Academic Research Institutes, Contract Research Organizations, Pharmaceutical And Biotechnology Companies, Others), by Geography (U.S., Canada, Germany, U.K., France, Italy, Spain, Japan, China, India, Brazil, Mexico, South Africa)”

Prokaryotic expression systems are the most commonly used protein expression system

Based on systems, the market is segmented into prokaryotic expression systems, yeast expression systems, cell-free expression systems, mammalian cell expression systems, algal-based expression systems, and insect cell expression systems. Among the various systems being used in the market, the prokaryotic expression system holds the largest share in the protein expression market. Prokaryotic expression systems are further categorized into Escherichia coli systems, and other prokaryotic expression systems. The largest share of prokaryotic expression system is due to the cost effectiveness, as it is less expensive over other available categories; and the various applications of E.coli systems in research and industrial applications.

Do you have any specific research requirement? Ask for customization: https://www.vynzresearch.com/healthcare/protein-expression-market/customize-report

Yeast expression system market is further categorized into saccharomyces systems, K. lactis systems, Pichia systems and others. Among different types of mammalian cell expression systems, Chinese hamster ovary systems are most commonly used expression system. Similarly, among insect cell expression systems, baculovirus systems witness the largest demand in the market.

Different products and services in the protein expression industry include expression vectors, competent cells, reagents, instruments and services. Reagents hold the largest share in the market, as these are the key component for the successful protein expression. With the increasing number of research and development activities for protein biologics in life sciences industry; the demand for reagents is anticipated to increase significantly.

Among different applications including therapeutics, research, and industries, therapeutics contribute the largest revenue in the protein expression industry. The increasing number of chronic diseases on a global level led to the application of protein expression majorly in finding therapy for chronic diseases.

Academic research institutes, contract research organizations, and pharmaceutical and biotechnology companies are the key end users in the protein expression market. Pharmaceutical and biotechnology companies are the largest end user in the protein expression market. This is primarily due to the large production of recombinant proteins for therapeutics, and the growing advancement in technology with respect to protein research. The highest growth in demand for protein expression products and services is anticipated from CROs during the forecast period.

Asia-Pacific protein expression market to grow at a CAGR of 14.1% during the forecast period

Asia-Pacific is observed to witness the fastest growth at a CAGR of 14.1% during the forecast period in the protein expression market. The growth in the region is also supported by the increasing investment in the lifescience industry and the increase in the prevalence of chronic diseases in the region.

North America is the largest market for protein expression products and services, globally. The largest contribution of the region is due to the adaptation of technologically advanced products, and the increasing government and non-government funds for protein research. The North American protein expression market is also driven by the surge in the prevalence of chronic diseases, and the growing number of life science and bio-pharmaceutical industries in the region.

Development of new expression systems is the key trend witnessed in the industry

The market players are launching new and technologically advanced products and services to maintain their competency and market share. For instance, in March 2018, Aragen Bioscience, Inc. announced the expansion of its RapTr cell line development services to be included in CHO-GS cell lines. The addition of suite protein expression and analytical services will provide flexibility in the development of cell lines and generation of high quality proteins.

New England Biolabs, Inc., Thermo Fisher Scientific Inc., QIAGEN N.V., Takara Bio Inc., Lonza Group Ltd., Merck KGaA, Promega Corporation, Genscript Biotech Corporation, Agilent Technologies Inc., and Bio-Rad Laboratories, Inc. are some of the key players operating in the protein expression industry.

More from VynZ Research

U.S. Protein Expression Market Analysis and Forecast to 2024

The U.S. protein expression market is expected to grow at a CAGR of 11.6% during the forecast period with its market size predicted to reach USD 1.2 billion by 2024. The U.S. protein expression market is primarily driven by the factors such as the increasing prevalence of chronic diseases, increasing investment for recombinant protein expression, advancement in technology for expression systems, increasing geriatric population, and robust growth of the life sciences industry in the country. Prokaryotic expression systems and mammalian cell expression systems are the major contributors to the protein expression industry in the region.

Explore more at: https://www.vynzresearch.com/healthcare/us-protein-expression-market

Global Stem Cell Banking Market Analysis and Forecast to 2024

The global stem cell banking market is growing at a CAGR of 9.1% during the forecast period reaching USD 10.5 billion by 2024, due to the development of novel technologies of storage, preservation and processing. The stem cell banking market is growing at a significant rate due to the development of novel technologies of storage, preservation and processing. The market has witnessed a high demand for placenta stem cells over the last few years, due to the increasing public awareness regarding the therapeutic prospective of stem cells.

Explore more at: https://www.vynzresearch.com/healthcare/stem-cell-banking-market

3D Cell Culture Market Analysis and Forecast to 2024

The global 3D cell culture market is growing at a significant rate due to growing awareness, increasing focus on developing alternatives to animal testing and technological advancement, and new product launches. Different types of products contributed to the 3D cell culture market size. The market has witnessed a high demand for scaffold-based 3D over the last few years, due to its ability to mimic in vivo condition.

Explore more at: https://www.vynzresearch.com/healthcare/3d-cell-culture-market

About VynZ Research

VynZ Research is a market research firm offering research, analytics, and consulting services on business strategies. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. VynZ Research assists enterprises to take strategic decisions for helping their businesses to grow. The reports developed by VynZ are based on market facts that include comprehensive analysis and quantification of market drivers, industry dynamics, opportunities, challenges, threats, and market shares and anticipated new trends & technologies arising across wide range of industries.

Contact Us:

Kundan Kumar

Client Partner

Call: +91-996-028-8381

Toll Free (U.S. and Canada): +1-888-253-3960

Email: enquiry@vynzresearch.com

Web: https://www.vynzresearch.com