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2021
Proteomics Market

Proteomics Market by Component (Instruments, Reagents, and Services) and Application (Drug Discovery, Disease Diagnosis, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2027
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A01352
Pages: 221
Jan 2021 | 18187 Views
Author(s) : Trupti Wadekar, Smita Nerkar , Onkar Sumant
Tables: 81
Charts: 65
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COVID-19

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The global proteomics market was valued at $21,122.32 million in 2019, and is projected to reach $49,978.8 million by 2027 at a CAGR of 12.2% from 2020 to 2027. Proteomics is the study of protein structure and function. At the cellular level, proteomics deals with the topics, such as which proteins are expressed, when and where they are expressed, what their structures in both active and inactive states are, what roles they play in the life of the cell, and how they interact with other proteins and molecules.

The COVID-19 outbreak that started from the Wuhan city of China has now widespread globally. Almost every nation is dealing with the outbreak. Most markets are dropping down as COVID-19 outbreak has negatively affected various healthcare related markets. This pandemic is expected to present growth opportunities in the future. The development of therapeutic and preventive strategies requires an accurate understanding of the role that proteins play in the SARS-CoV-2 infection process and progression of COVID-19. A wide array of identification and separation techniques can isolate proteins from complex mixtures, facilitating the analysis of protein-protein interactions, temporal expression patterns, and cellular or subcellular distribution. For instance, most common separation methods are one- and two-dimensional gel electrophoresis and high-performance liquid chromatography, whereas mass spectrometry (MS) forms the backbone of protein detection and identification. Protein identification using MS techniques has overcome the limitations of other proteomic technologies (including 2D gel-electrophoresis) that require a large amount of purified protein for analysis. MS-based viral peptide detection has previously been used to profile viral proteins that affect respiratory pathways. Presently, reverse transcription-polymerase chain reaction (RT-PCR) is the primary method used to detect viral genes in COVID-19-positive patients.

However, the high mutability of SARS-CoV-2 can mean RT-PCR is not sensitive enough to detect these genes. Furthermore, the technique is low throughput owing to its long reaction times. Conversely, MS-based detection, can provide simple and rapid detection of SARS-CoV-2, even among recovered patients. Hence, in the perspective of COVID-19, proteomics can help to reveal novel biomarkers and define point-of-care procedures that could mean cost-effective healthcare can be delivered closer to the patient.

Global-Proteomics-Market,-2020-2027

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Proteomics market growth is driven by rise in popularity of personalized medicines, surge in R&D expenditure, and technological advancements associated with proteomics components. Moreover, high costs associated with components and dearth of skilled professionals hamper the market growth. Conversely, lucrative opportunities associated with biomarker identification and developments in mass spectrometry-based proteomics are expected to provide lucrative growth opportunities for the proteomics market growth.

The global proteomics market is segmented on the basis of component, application, and region. On the basis of component, the market is categorized into reagents, instruments, and services. The reagents segment is further classified into microarray, spectrometry, X-ray crystallography, chromatography, electrophoresis, immunoassay, and protein fractionation reagents. Likewise, the proteomics instruments segment is sub segmented into protein microarray, spectrometry, chromatography, electrophoresis, surface plasmon resonance, X-ray crystallography, and protein fractionation systems. The spectrometry segment is subdivided into mass spectrometry and NMR spectrometry. Similarly, the chromatography segment is sub classified into HPLC systems, ion chromatography, affinity chromatography, and supercritical fluid chromatography. The applications covered in the study include drug discovery, disease diagnosis, and others. Region wise, the proteomics market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Component type segment review

Protein microarray segment generated the highest revenue in 2019 in the proteomics instruments market, owing to high usage of this technology to track protein interactions in lesser time as compared to other technologies. Moreover, this method is labor-intensive and cost-effective. With the help of protein array, the comprehensive information about the DNA/RNA binding proteins can be made available. By reagents segment, immunoassays generated the highest revenue in 2019 in the proteomics market, as they are extensively utilized in primary screening in drug discovery and microarray technologies. 

Proteomics Market
By Product

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Reagents segment held a dominant position in 2019 and would continue to maintain the lead over the forecast period.

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Application segment review

On the basis of application, the drug discovery segment accounted for the majority proteomics market share in 2019, owing to increase in awareness of personalized medicines in both emerging and developed markets.

Proteomics Market
By Application

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Drug Discovery segment held a dominant position in 2019 and would continue to maintain the lead over the forecast period.

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Region segment review

North America held the largest market share of nearly 39.0% of the total proteomics market in 2019, due to increase in popularity and adoption of personalized medicines and favorable government funding & initiatives to develop novel therapeutics. However, Asia-Pacific is expected to grow at a CAGR of 15.6% from 2019 to 2027, owing to rise in prevalence of chronic diseases and increase in interest of researchers to utilize proteomics in disease diagnosis & treatment.

Proteomics Market
By Region

2027
North America 
Europe
Asia-pacific
Lamea

North America was holding a dominant position in 2019 and would continue to maintain the lead over the analysis period.

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Some of the key players operating in the proteomics market include Agilent Technologies Inc., Danaher Corporation, LI-COR, Inc., PerkinElmer, Inc., Thermo Fisher Scientific, Inc., HORIBA, Ltd., Bio-Rad Laboratories, Inc., Bruker Corporation, General Electric (GE), and Waters Corporation. The other players included in the value chain analysis (but not included in the report) are Becton, Dickinson and Company, Caprion Biosciences, and others.

Key Benefits For Stakeholders

  • The study provides an in-depth analysis of the global proteomics market size with current trends and future estimations from 2019 to 2027 to elucidate the imminent investment pockets.
  • Comprehensive analysis of factors that drive and restrict the proteomics market growth is provided.
  • Identification of factors instrumental in changing the proteomics market size, rise in opportunities, and identification of key companies that can influence this market on a global & regional scale are provided.
  • A deep dive analysis of various regions provides insights that would allow companies to strategically plan their business moves.
  • Key players are profiled, and their strategies are analysed thoroughly to understand the competitive outlook of the proteomics market.

Key Market Segments

  • By Component
    • Instruments
      • Microarray
      • Spectrometry
        • Mass Spectrometry
        • NMR Spectrometry
      • X-ray Crystallography
      • Chromatography
        • HPLC Systems
        • Ion Chromatography
        • Affinity Chromatography
        • Supercritical Fluid Chromatography
      • Electrophoresis
      • Surface Plasmon Resonance
      • Protein Fractionation Reagents
    • Reagents
      • Microarray
      • Spectroscopy
      • X-ray Crystallography
      • Chromatography
      • Electrophoresis
      • Immunoassay
      • Protein Fractionation Reagents
    • Services
  • By Application
    • Drug Discovery
    • Disease Diagnosis
    • Others
  • By Region
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • UK
      • Italy
      • Spain
      • Rest of Europe
      • Asia-Pacific
      • Australia
      • Japan
      • India
      • China
      • Rest of Asia-Pacific
    • LAMEA
      • Brazil
      • Saudi Arabia
      • South Africa
      • Rest of LAMEA
 

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The global proteomics market is expected to witness significant growth in the future. The market has piqued the interest of the healthcare industry, as proteomics helps to bridge the gap between the understanding of genome expression and cellular behavior as well as aids in increasing the popularity of personalized medicines. Moreover, the need for personalized medicines is anticipated to increase considerably, which will fuel the growth of the global market. The use of proteomics is the highest in the North American region, followed by Europe and Asia-Pacific, owing to heavy R&D expenditure and increased research funding from various organizations, such as National Institutes of Health (NIH).

Moreover, North America is expected to remain dominant during the forecast. In addition, Asia-Pacific and LAMEA are expected to offer lucrative opportunities to the key players during the forecast period, due to increase in disposable income of populace, improvement in healthcare infrastructure, and rise in demand for advanced technologies, such as proteomics.
 

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FREQUENTLY ASKED QUESTIONS?

A. The total market value of Proteomics Market is $21,122.32 million in 2019

A. The forecast period in the report is from 2020 to 2027

A. The market value of Proteomics Market in 2020 was $22,303.06 Million

A. The base year for the report is 2019

A. Yes, Proteomics companies are profiled in the report

A. The top companies that hold the market share in Proteomics Market are Thermo Fisher Scientific, Bruker Corporation Inc., Agilent Technologies Inc., Waters Corporation, and PerkinElmer, Inc.

A. No, there is no value chain analysis provided in the Proteomics Market report

A. The key trends in the Proteomics Market are increase in popularity of personalized medicines and advances in proteomic technologies

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