Protein Expression Market worth $5.4 billion by 2027 - Exclusive Report by MarketsandMarkets™
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List of Key Players in the Protein Expression Industry include:
Key Findings of the Study:
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The Mammalian expression system segment accounted for the largest share in the Protein Expression Market, by system type, during the forecast period.
Based on system type, the protein expressions market is segmented into mammalian cell expression systems, prokaryotic expression systems, insect cell expression systems, yeast expression systems, cell-free expression systems, and algal-based expression systems. The large share of this segment can be owed to the low cost and ease of use of mammalian cell expression systems.
The Research applications subsegment accounted for the largest share of the application segment in the Protein Expression market in 2021.
Based on application, the protein expressions market is segmented into therapeutic, research and industrial applications. The therapeutic applications segment accounted for the largest share of the global market. An increase in protein-based research and the rising prevalence of chronic diseases across the globe are responsible for a large share of this market.
The Pharmaceutical and Biotechnology companies subsegment accounted for the largest share of the application segment in the Protein Expression market in 2021.
Based on the end users, the market is segmented into pharmaceutical and biotechnology companies, contract research organizations and contract development and manufacturing organizations (CROs and CDMOs), academic research institutes, and other end users. The pharmaceutical and biotechnology companies form the largest and fastest-growing end-user segment in this market owing to an increase in protein research to understand biological systems and the rising production of recombinant therapeutic proteins for disease treatment.
North America is the largest region and Asia Pacific is the fastest-growing region of the Protein Expression market in 2021.
Based on region, the protein expressions market is segmented into North America, Europe, Asia Pacific, and Rest of the World. In 2021, North America dominated the market, followed by Europe. Factors such as the growth in the biotechnology and pharmaceutical industries, the rising prevalence of chronic disorders, and an increase in protein-based therapeutics research investments are contributing to the large share of this market. The Asia Pacific market is projected to grow at the highest CAGR during the forecast period.
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Browse Adjacent Market: Biotechnology Market Research Reports & Consulting
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