Global Protein Assays Strategic Business Report 2023: Rise in Biotech and Pharmaceutical R&D Expenditure Augurs Well for Market Growth


Dublin, May 05, 2023 (GLOBE NEWSWIRE) -- The "Protein Assays: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Protein Assays estimated at US$2 Billion in the year 2022, is projected to reach a revised size of US$3.3 Billion by 2030, growing at a CAGR of 6.4% over the analysis period 2022-2030.

Reagents, one of the segments analyzed in the report, is projected to record a 6.7% CAGR and reach US$1.9 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Kits segment is readjusted to a revised 5.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $586 Million, While China is Forecast to Grow at 6% CAGR

The Protein Assays market in the U.S. is estimated at US$586 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$575.5 Million by the year 2030 trailing a CAGR of 6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.8% and 5.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR.

Select Competitors (Total 11 Featured) -

  • Abcam PLC
  • Bio-Rad Laboratories, Inc.
  • Biovision Inc.
  • Cell Signaling Technology, Inc.
  • GE Healthcare Life Sciences
  • Geno Technology Inc.
  • Lonza Group AG
  • Merck KgaA
  • Novus Biologicals LLC
  • PerkinElmer, Inc.
  • Promega Corporation
  • Thermo Fisher Scientific, Inc.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages308
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$2 Billion
Forecasted Market Value (USD) by 2030$3.3 Billion
Compound Annual Growth Rate6.5%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • An Overview of Protein Assays Market
  • Protein Assays - Global Key Competitors Percentage Market Share in 2022 (E)
  • A Prelude into Market Leading Players
  • Protein Assay Market: Percentage Breakdown of Product Sales Volume by Leading Player (2018)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Increase in R&D Initiatives by Public and Private Companies is anticipated to Bolster Market Demand
  • Encouraging initiatives in Proteomics Research is Fuelling Worldwide Protein Assay Market
  • Rise in Biotech and Pharmaceutical R&D Expenditure Augurs Well for Market Growth
  • Global Pharmaceutical Industry: Breakdown of Total R&D Spend in USD Billion for years 2018, 2019, 2020, 2021, 2022
  • Increase in Cancer Prevalence: An Opportunity Indicator for Protein Assays Market
  • Increase in Technological Advancements to Fuel Growth in Protein Assay Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/tdxj4d

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Attachment

 
Global Market for Protein Assays

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