USD 1.3 billion
Report ID:
SQSG35H2025 |
Region:
Global |
Published Date: July, 2036
Pages:
242
|Tables:
61
|Figures:
75
Protein Sequencing Market size was valued at USD 1.3 billion in 2019 and is poised to grow from USD 1.34 billion in 2023 to USD 1.69 billion by 2031, growing at a CAGR of 3.5% in the forecast period (2024-2031).
Protein sequencing is a de novo sequencing technique that analyses and determines the amino acid sequence using the mass spectrum. This approach can be used by researchers to discover more about protein structure. A high-throughput proteomic technique that has gained popularity is protein sequencing, which has numerous uses. One of the most well-known applications is target-based drug discovery. The rising focus of biotechnology and pharmaceutical businesses on target-based medication development activities in many developed and emerging nations is a significant factor driving the market growth. Funding for proteomics research is rising in a variety of developed and emerging nations, which is strengthening the industry. Increased need for protein biomarkers in the drug development process is a significant factor causing the market to grow quickly.
An important aspect that is anticipated to fuel the growth of the global market over the forecast period is the rising use of target-based medication designing by pharmaceutical and biotechnology businesses. The development of protein sequencing for genetic engineering applications in the target market will be fueled by growing research on genetically modified organisms and technological improvements throughout the ensuing years.
US Protein Sequencing Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 1.3 billion
Largest Segment
biopharmaceuticals
Fastest Growth
biopharmaceuticals
Growth Rate
3.5% CAGR
To get more reports on the above market click here to Buy The Report
Global Protein Sequencing Market is segmented based on the application, technology, and region. Based on application, the Protein Sequencing Market is segmented into biopharmaceuticals and biotechnology research. Based on Technology, the Protein Sequencing Market is segmented into mass spectrometry and Edman degradation. Based on Region, it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Protein Sequencing Market Analysis by Application
Based on application, global protein sequencing market was dominated by the biopharmaceuticals sector in 2021, and it is projected that this trend will continue during the forecast period. The increased use of protein sequencing in the creation of innovative biotherapeutics is blamed for this. Additionally, to guarantee complete sequence coverage of the biopharmaceutical molecule, the classification of biologic medications by protein breakdown to their component peptides is crucial.
Protein Sequencing Market Analysis by Technology
Based on Technology, The Edman degradation segment accounted for 58% of the total market share in 2021 and is predicted to increase rapidly in the future due to its widespread use in protein sequencing. The Edman degradation is also the most important method for analysing protein sequences. Peptides are degraded by phenyl isothiocyanate sequentially, beginning at the polypeptide's N-terminus. However, it is projected that over the forecast period, the mass spectrometry market would expand at the fastest rate. The rising use of the mass spectrometry technology for quick, quick, and long chain protein sequencing is to blame for this.
To get detailed analysis on other segments, Request For Free Sample Report
North America held the largest global protein sequencing market share and is anticipated to continue dominating over the projection period. The target market in the region is anticipated to expand as a result of rising funding for proteome research from public and private organisations, as well as the presence of significant important players in nations like the US and Canada. In the upcoming years, it is predicted that the Asia Pacific market will represent a sizeable portion of the market's value. During the forecast period, China is anticipated to see the fastest growth rate. Rising government initiatives and investments in life science research and development in nations like India and Japan are anticipated to assist the expansion of the target market. Europe Protein Sequencing Market is predicted to experience moderate revenue growth over the forecast period.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Protein Sequencing Market Driver
Technological Advancements to Drive Market Growth
Protein Sequencing Market Restraint
High Cost to Hamper Market Growth
Request Free Customization of this report to help us to meet your business objectives.
Global Protein Sequencing Market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D.
Protein Sequencing Market Top Player's Company Profiles
Protein Sequencing Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our Global Protein Sequencing Market analysis, in terms of application, the biopharmaceuticals segment held larger market share owing to high usage. In terms of technology, the Edman degradation segment dominates the market owing to high demand. Moreover, Specific residues on a peptide can be identified thanks to developments in single-molecule fluorescence devices and nanopore sensors. Proteomics research funding is increasing in both developed and developing countries, which is a major driver for market growth.
Report Metric | Details |
---|---|
Market size value in 2019 | USD 1.3 billion |
Market size value in 2031 | USD 1.69 billion |
Growth Rate | 3.5% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Protein Sequencing Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Protein Sequencing Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Protein Sequencing Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Protein Sequencing Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQSG35H2025
sales@skyquestt.com
USA +1 351-333-4748