Protein Expression Market Research Report 2023
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<strong>Protein</strong> <strong>Expression</strong> <strong>Market</strong> to Reach $3<br />
billion by <strong>2023</strong><br />
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<strong>Protein</strong> <strong>Expression</strong> <strong>Market</strong><br />
The protein expression market is expected to grow at a CAGR of 11.7%<br />
during 2017 – <strong>2023</strong>.<br />
Browse <strong>Report</strong> Summary with Detailed TOC on “<strong>Protein</strong> <strong>Expression</strong> <strong>Market</strong><br />
by System (Prokaryotic <strong>Expression</strong> Systems, Mammalian Cell <strong>Expression</strong><br />
Systems, Insect Cell <strong>Expression</strong> Systems, Yeast <strong>Expression</strong> Systems, Cell-Free<br />
<strong>Expression</strong> Systems, Algal-Based <strong>Expression</strong> Systems), by Product & Services<br />
(Reagents, <strong>Expression</strong> Vectors, Competent Cells, Services, Instruments), by<br />
Application (Therapeutic, Industrial, <strong>Research</strong>), by End User (Pharmaceutical<br />
and Biotechnology Companies, Academic <strong>Research</strong> Institutes, Contract<br />
<strong>Research</strong> Organizations), by Geography (US, Canada, UK, Germany, France,<br />
Italy, Spain, China, India, Japan, Brazil, Mexico, South Africa) - Global <strong>Market</strong><br />
Size, Share, Development, Growth and Demand Forecast, 2013-<strong>2023</strong>” at:<br />
https://www.psmarketresearch.com/market-analysis/protein-expressionmarket
<strong>Protein</strong> <strong>Expression</strong> <strong>Market</strong><br />
According to the study, the global protein expression market is likely to<br />
grow from $1.4 billion in 2016 to $3.0 billion by <strong>2023</strong>. Major key players in<br />
the market are developing products with technically advanced features that<br />
are designed to produce high protein yield, maintaining a balance of speed<br />
and scalability, thereby enhancing its application in the drug development<br />
workflow.<br />
Some of the recent advanced product launched by the major players in the<br />
market include Gibco ExpiCHO expression system, launched in 2015 by<br />
ThermFisher Scientific Inc., that offers an increase yield of over 100-fold,<br />
thereby enabling upto 3g/L of protein yield; in comparison to its previous<br />
CHO system. Therefore, technically advanced products are a major factor<br />
driving the growth of the market during the forecast period.<br />
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<strong>Protein</strong> <strong>Expression</strong> <strong>Market</strong><br />
As per the findings of the research, prokaryotic expression system occupied<br />
the largest share of the protein expression market in 2016, due to the high<br />
use of prokaryotic protein expression systems, since they are cheaper as<br />
compared to other expression systems.<br />
Based on products and services, reagents are expected to hold the largest<br />
share of the protein expression market during the forecast period, mainly<br />
attributable to increasing protein expression research activities and the<br />
large-scale production of antibodies and vaccines.<br />
Based on application, therapeutics held the largest share of the market in<br />
2016, owing to the increasing prevalence of chronic diseases such as cancer<br />
and diabetes around the world, and high efficacy of protein therapeutics.
<strong>Protein</strong> <strong>Expression</strong> <strong>Market</strong><br />
Geographically, North America has been the largest market for protein<br />
expression, with the U.S. being the larger contributor to the regional<br />
market, as compared to Canada. The dominant position of the North<br />
American market is mainly attributable to the rise in R&D infrastructure,<br />
increased aging population, rise in healthcare expenditure and increasing<br />
prevalence of chronic diseases in the region.<br />
Some of the key players operating in this industry include Merck KGaA,<br />
Genscript Biotech Corporation, Agilent Technologies, Inc., Promega<br />
Corporation, Bio-Rad Laboratories, Inc., Qiagen N.V., New England Biolabs<br />
Inc., and Lonza Group Ltd.
<strong>Protein</strong> <strong>Expression</strong> <strong>Market</strong><br />
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