What is the global market size of Proteomics Market?

Proteomics Market size was valued at USD 25.2 billion in 2021 and is poised to grow from USD 29.35 billion in 2022 to USD 100.17 billion by 2030, growing at a CAGR of 16.55% in the forecast period (2023-2030).

Who are the key vendors in the Global Proteomics Market?

To increase their industry presence, key players are implementing various strategies such as mergers and acquisitions, geographical expansion, and strategic collaborations. Seer, Inc., for example, announced the Broad Commercial Release of The Proteograph Product Suite and the Centers of Excellence programme in January 2022. The Proteograph Product Suite provides unbiased, unrivalled access to the proteome. The method employs specially designed nanoparticles to create a game-changing product that enables rapid, thorough, and unbiased proteomics at scale. 'Bio-Rad Laboratories, Inc. ', 'GE Healthcare ', 'Creative Proteomics ', 'Thermo Fisher Scientific Inc.', 'Agilent Technologies Inc.', 'Danaher Corporation', 'Merck KGaA', 'Bruker Corporation', 'Waters Corporation', 'PerkinElmer Inc.', 'Shimadzu Corporation', 'Biognosys AG', 'Luminex Corporation', 'Promega Corporation', 'Proteome Sciences plc', 'Genedata AG', 'GenScript Biotech Corporation', 'Bioproximity LLC', 'Applied Proteomics Inc.', 'Avant Diagnostics Inc.'

What is the key driver of Global Proteomics Market?

Several significant discoveries were made in the field of life sciences, one of which was the completion of the human genome sequencing. The characterization of human protein was the next significant biomedicine milestone, which is a relatively new and extremely dynamic branch of science focused on evaluating gene expression at the proteome level. With limited research in proteomics to date, current proteomics can only address a few issues, such as protein identification, quantification, characterization of post-translational modifications, structure and function elucidation, and description of potential interactions.

What is the key market trend for Global Proteomics Market?

Nanotechnology has been linked to several proteomics applications, including phosphor proteomics/metal oxide nanoparticles, nanostructured surfaces for protein separation, and array-based analytical detection of biomarker proteins. As a result, Nano proteomics, a science involving the application of proteomics techniques aided by nanotechnology, has emerged. This technique is used in conjunction with other nanotechnology applications to revolutionize proteomics, such as nano porous structures, functionalized nanoparticles, quantum dots, and polymeric nanostructures.

Which region accounted for the largest share in Proteomics Market?

The global proteomics market is studied on the basis of geography as North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America dominated the industry in 2021, accounting for 45% of total revenue. This is due to increased investments in structure-based drug design, growth in omics research, demand for high-quality research tools for data reproducibility, and focus on the development of tailored treatments. Partnerships and collaborations among major companies in this region are also assisting in the market's expansion. Thermo Fisher Scientific Inc. and Symphogen, for example, collaborated to develop validated platform processes for the streamlined characterization and quality monitoring of complex therapeutic proteins.

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 News

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 Market Report Snapshots

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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).

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. '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) '

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.

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.

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.

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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

Proteomics Market News

Proteomics Market Report Snapshots

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What is the global market size of Proteomics Market?

Who are the key vendors in the Proteomics Market?

What is the key driver of Proteomics Market?

What is the key market trend for Proteomics Market?

Which region accounted for the largest share in Proteomics Market?

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