USD 25.2 billion
Proteomics Market Size, Share, Growth Analysis, By Equipment(Chromatography, Mass Spectroscopy and Protein Microarray), By Services(Laboratory Services, Data Analysis & Services and Others), By Application(Drug Discovery and Clinical Diagnosis), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35G2281 |
Region:
Global |
Published Date: August, 2024
Pages:
157
|Tables:
94
|Figures:
76
Proteomics Market Insights
Global Proteomics Market size was valued at USD 25.2 Billion in 2022 poised to grow from USD 29.35 Billion in 2023 to USD 100.17 Billion by 2031, growing at a CAGR of 16.55% in the forecast period (2024-2031).
An increase in the incidence of chronic illnesses is fuelling the proteomics market expansion. An estimated 20 million new instances of cancer were expected in 2022, according to the International Agency for Research on Cancer. The increasing number of people suffering from chronic illnesses has increased the need for an efficient method of diagnosis. Moreover, there has been a significant growth in the market due to the expanding applications of proteomics in drug development and research. This world economy for proteomes has seen significant growth lately mainly due to the rise of proteomics in identifying diseases and searching for new cure options for various ailments.
Within the subject of biology, proteomics is the study of proteins found in biological systems through an in-depth examination. Proteins are essential molecules found in cells, tissues, and organisms that carry out a wide range of tasks such as serving as structural elements, signaling molecules, enzymes, and much more. Proteomics focuses on investigating how proteins are arranged, their roles in various biological systems, and how they work together. It includes recognizing all the proteins, describing their alterations, establishing how much of each there is present, as well as examining attachments to other compounds such as RNA or DNA or even other proteins.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Reagents & Consumables
Fastest Growth
Services
Growth Rate
16.55% CAGR
Global Proteomics Market ($ Bn)
Country Share by North America (%)
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Proteomics Market Segmental Analysis
The global proteomics market is segmented based on Equipment, Services, Application, and Region. In terms of Equipment, the market is segmented into Chromatography, Mass Spectroscopy and Protein Microarray. Based on the Services, the market is trifurcated into Laboratory Services, Data Analysis & Services and Others. In terms of Application, the market is divided into Drug Discovery and Clinical Diagnosis. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Central & South America and Middle East & Africa.
Analysis by Equipment
As per categorization by equipment, the market is classified as chromatography, mass spectroscopy and protein microarray. Among these, the mass spectroscopy earned the largest share and continues to dominate the market. The precision with which mass spectrometry can identify and quantify proteins—a need for the identification of biomarkers and personalised medicine—is propelling innovation in the global proteomics market. The speed of this technology, its ability to pinpoint biological samples with extreme accuracy and its capacity to deal with complex samples has made it the most preferred means for clinical applications and frontier proteomics research in the world today.
Owing to chromatographic science’s ability to successfully differentiate sophisticated protein mixtures which plays an important role in accurate biomarker discovery as well as the production of medications, this technique is likely to exhibit the highest growth in every sector of global proteomics market. It is preferred by researchers across various disciplines as well as in clinical diagnostics due to its efficiency, versatility and ability in numerous proteomic applications.
Analysis by Application
By using precision proteomics for early disease identification and individualized treatment, clinical diagnostics in the global proteomics market are progressing. Due to its key function in transforming proteomic information into valuable therapeutic insights, improving patient results, and increasing need for customized medications as well as diagnostic tools, this area of the market is dominant.
As it plays such a crucial role in discovering therapeutic targets and biomarkers, drug discovery is expected to develop at the quickest rate in the global proteomics market. In advanced proteomic technologies, relevant data are utilized to facilitate the rapid development of new treatments and guide significant funding in this area to enable an improved understanding of disease pathogenesis and high throughput screening for drugs.
Global Proteomics Market By Equipment (%)
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Proteomics Market Regional Insights
North America has a dominant share in the global proteomics market due to its strong research infrastructure, large investments in pharmaceuticals and biotechnology, and sophisticated technological capabilities. High levels of financing from the public and commercial sectors enable state-of-the-art proteomic research, which is fuelled by the region's robust academic and research institutions. Furthermore, the regulatory environment and well-established healthcare system in North America support the quick uptake of novel proteomic technologies in drug discovery and clinical settings. Owing to strong support by influential players in the industry and a collaboration-based system, the region leads the global proteomics market and further advances and develops.
Due to its increased investment in R&D and emphasis on precision medicine and personalized healthcare, Europe is the region with the fastest rate of growth in the global proteomics market. Many funder programs from national or private sources create a co-working space for labs to work together within them. In Europe, the emerging biopharmaceutical sector and modern proteomic methodologies for therapeutic design and disease treatment are making headway into investing circles well before any other players. Due to favorable legal guidelines and completion of the best research and teaching schools, Europe leads the globe in proteomic program development and research. The merger of these parts makes Europe a great mover and growing player in global proteomic circumstances.
Global Proteomics Market By Geography
- Largest
- Fastest
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Proteomics Market Dynamics
Drivers
Proteomics-Related Technological Advancement to Drive the Market Upward:
- Technological developments that have significantly increased sensitivity and resolution, enabled high-throughput and multiplexed analysis, facilitated data integration, and better sample preparation and fractionation techniques have revolutionized the discipline of proteomics. Proteome has become more fully understood due to these breakthroughs, which have been crucial in propelling the market's growth.
High Growth Prospects in Developing Nations for Proteomics Research:
- Proteomic technologies and approaches have made tremendous progress in the Asia Pacific region. Advanced mass spectrometry, protein profiling, and interaction analysis of proteins have been taken up by researchers in the field so that they can get an insight into complicated biological systems. In part, the growth of proteomics research and application lies in the access to advanced platforms plus tools.
Restraints
Difficulties with Regulation and Standardization:
- Obtaining different countries for instance is one of the reasons behind delay in adoption of proteomics technologies since various regulatory measures that do not apply universally may disrupt their use. Not having globally accepted standards along with varying regulations may hinder cross-national partnership thereby delaying product approvals and impeding market growth.
Sensitivity Issues and Technical Limitations:
- Probing complex biological materials or low-abundance proteins through proteomics technologies is often hampered by the limitations of their sensitivity and resolution. These limitations may have an effect on accuracy and reproducibility of the studies, which could slow down adoption and growth of proteomics applications within clinical as well as research environments.
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Proteomics Market Competitive Landscape
In the global proteomics market, competition was fierce, and leading companies leveraged state-of-the-art technology as well as strategic partnerships. Innovators include Thermo Fisher Scientific - a leader in mass spectrometry; Agilent Technologies who provides chromatographic and spectroscopic instruments for various applications and SCIEX - known for its high-performance analytical systems. These businesses portray themselves as leaders in developing proteomics research and applications globally by ongoing R&D, product advancements, and strategic acquisitions.
Top Player’s Company Profiles
- Thermo Fisher Scientific (USA)
- Agilent Technologies (USA)
- SCIEX (USA)
- Waters Corporation (USA)
- Bruker Corporation (Germany)
- Danaher Corporation (USA)
- PerkinElmer, Inc. (USA)
- GE Healthcare Life Sciences (UK)
- Bio-Rad Laboratories (USA)
- Luminex Corporation (USA)
- Shinwa Chemical Industries (Japan)
- Nexelis (Canada)
- Proteome Sciences (UK)
- Molecular Devices (USA)
- Kyowa Kirin (Japan)
Recent Developments
- In August 2024, With the release of the Orbitrap Exploris 240 mass spectrometer from Thermo Fisher Scientific, proteome analysis has been improved with increased sensitivity and resolution. By enhancing protein identification and quantification, this novel method facilitates cutting-edge research and practical applications. Thermo Fisher's dedication to developing proteomics technologies is evident in this launch.
- In July 2024, The triple quad mass spectrometer 6495B is new from Agilent Technologies and is intended for high-throughput proteomics applications. This advanced tool allows a more sensitive and quicker protein analysis, resulting in more exact and exhaustive outcomes. Agilent's advancement is expected to improve research capacities and optimize proteomic workflows across multiple scientific domains.
- In June 2024, the innovative timsTOF Pro 2 mass spectrometer with ion mobility spectrometry has been launched by the Bruker Corporation. This innovation provides improved protein separation and characterization, thus enabling in-depth proteomic studies. Bruker’s latest offer aims at improving analytical performance while opening up new avenues for proteomics research.
Proteomics Key Market Trends
- Technological Advances in Mass Spectrometry and Sequencing: Due to developments in technology like mass spectrometry and next-generation sequencing, the global proteomics market has witnessed a lot of growth in a short time. Biological processes’ intricacy has been brought to light through advances in sensitivity and accuracy of protein evaluations, enabling researchers to have a better understanding. Proteomics is an indispensable part of biomarker discovery in that it helps to identify precise proteins related to diseases.
- Biotech Firms Are Advancing Clinical Proteomics and Market Expansion: Currently, biotechnological companies, universities, and the leading pharmaceutical companies are increasingly cooperating in areas related to proteomics. The purpose of these partnerships is to enhance the efficiency of modern proteomic tools and develop novel ones by combining knowledge and resources. More hospitals are using clinical proteomics now than ever before.
Proteomics Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the accelerating rise of chronic diseases alongside advancements in the technology for protein analysis has triggered a fast growth in the global proteomics market. In particular, with ever-increasing rates of cancer, there is an urgent need for new solutions in proteomics. Mass spectrometry and next generation sequencing – two major technological innovations – are enhancing both sensitivity and specificity of measuring proteins, thus making it convenient to establish biomarkers and therapeutic areas. According to regional insights, Europe is leading in growth with its focus on precision medicine and collaborative research, while North America is well-represented in the industry due to its excellent research infrastructure. The market's growth is supported by strategic alliances and developments in therapeutic applications, even in the face of obstacles including inconsistent regulations and technical constraints.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 25.2 Billion |
| Market size value in 2031 | USD 100.17 Billion |
| Growth Rate | 16.55% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| 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:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Proteomics Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Proteomics Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Proteomics 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 Proteomics 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.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Proteomics Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Proteomics 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.
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