Protein Expression Market Size, Share, Growth Analysis, By Product and Service (Reagents, Expression Vectors), By System Type (Mammalian Cell Expression Systems, Prokaryotic Expression Systems), By Application (Therapeutic Applications, Research Applications), By End User (Pharmaceutical & Biotechnology Companies, Academic Research Institutes), By Region - Industry Forecast 2024-2031

Global Protein Expression Market size was valued at USD 2.90 billion in 2022 and is poised to grow from USD 3.29 billion in 2023 to USD 8.92 billion by 2031, growing at a CAGR of 13.3% in the forecast period (2024-2031).

In recent times, the demand for protein expression market is increasing due to the high requirement for recombinant proteins in therapeutic uses. Innovation in biotechnology is improving efficiency and increasing protein production. Moreover, the emergence of personalized medicine has also developed a requirement for customized protein-based therapies. The growth of the protein expression market is rapidly increasing owing to the popularity of personalized therapeutics and the constant research & development activities that contribute to the advancement of protein expression. The identification of protein therapeutics is boosted through protein engineering along with the artificial production of recombinant proteins. Furthermore, the development in technology is creating immense opportunities for improving patient care with the help of personalized medical therapies. The demand for protein therapeutics market is rapidly increasing due to protein engineering and the synthetic development of recombinant proteins. Market players are also engaging in strategic partnerships with academic facilities for developing innovative technologies that will support personalized medical treatment, resulting in the progression of the market. Many businesses are also funding research for protein expression technologies such as baculovirus expression systems, transient expression, and steady expression. These technologies can be used insect cells and mammalian cells, further expanding the development of protein expression market.