Report ID: SQMIG35H2291
Report ID:
SQMIG35H2291 |
Region:
Global |
Published Date: November, 2024
Pages:
209
|
Tables:
116 |
Figures:
73
Based on region, North America is dominating the protein expression market with the largest market share. This region is growing immensely due to the presence of major players combined with increasing funds for research & development with robust lines of biosimilar. Furthermore, the companies in this region are also engaging in collaboration with academic facilities. This has become one of the major drivers of the growth of the market as it is helping them to introduce new innovative products to the market. Moreover, the rising demand for therapeutic proteins and monoclonal antibodies is also increasing due to the advancements in biotechnology. The popularity of personalized medicine and the increasing prevalence of chronic diseases are also propelling the growth of the market in this region. These factors are increasing the demand for protein expression market in North America.
Europe is experiencing the fastest growth in the protein expression market. This growth in this region is mainly due to collaborative research initiatives among the market leaders and academic facilities. Nations like Germany, France, and UK are leading the innovation because of their robust regulatory structures that support the advancement of biopharmaceutical. The growing emphasis on biologics for treating various diseases is also increasing investment in engineering technologies. Furthermore, Europe is extremely dedicated towards sustainability, which is boosting interest in plant-based protein expression systems as a substitute to conventional processes. These factors are augmenting the growth of protein expression market and increasing advancements in Europe.
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Report ID: SQMIG35H2291