Global Protein Characterization and Identification

Global Protein Characterization and Identification Market Research Report Forecast: (2022-2027)

By Products (Consumables (Chromatography, Electrophoresis, Immunoassay, Mass Spectrometry), Instruments (Chromatography, Electrophoresis, Label-free Detection, Mass Spectrometry, Spectroscopy), By Ser Read more

  • Healthcare
  • Aug 2022
  • 198
  • HC22097

Market Definition

Proteins are complex molecular commodities produced from biological processes, where each has different parameters like size, molecular structure, and physicochemical properties, among others. Due to these differences, several pharmaceutical & biotechnological companies, academic research institutes, and CROs (Contract Research Organizations), among others, are inclining toward protein characterization & identification.

Protein characterization uses experimental methods for the detection & isolation of protein, characterizing its role in the safety & efficacy determination of different biological products. It also enables developers to enhance accuracy, specificity, & sensitivity while strengthening protein assays & developing new ones to target precise areas of concern.

On the other hand, Protein Identification determines the process of identifying the biological & cellular samples of the protein content through interrogation using mass spectrometry. The step is essential in studying protein characterization and gaining popularity among end-users.

Market Insights

The Global Protein Characterization and Identification Market is projected to grow at a CAGR of around 13.4% during the forecast period, i.e., 2022-27. The growth of the market would be driven primarily by the growing population suffering from chronic diseases and the mounting focus of governments of different countries on strengthening their healthcare industries & developing new therapeutics to cater to the patient influx worldwide. It, in turn, is surging the demand for protein characterization & identification methods to analyze the cellular dynamics & bring developments in treatments.

Besides, growing acceptance for personalized medicine among patients, coupled with rapid technological advancements owing to a rise in drug discovery & developments, are also positively influencing the market growth. Moreover, the growing inclination of different countries on numerous research & development activities being conducted by several countries worldwide and their substantial investments in the industry are other notable aspects projecting an upward growth trend for the market in the coming years. 

Report Coverage Details
Study Period Historical Data: 2017-20
Base Year: 2021
Forecast Period: 2022-27
CAGR (2022-2027) 13.4% 
Regions Covered North America: The US, Canada, Mexico
South America: Brazil, Rest of South America
Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
Asia-Pacific: China, Japan, India, Australia, Rest of Asia Pacific
Middle East & Africa: GCC, South Africa, Rest of Middle East and Africa
Key Companies Profiled Advion, Inc., Agilent Technologies, Analytik Jena, Creative Proteomics, Cleaver Scientific, Danaher Corporation, HORIBA Ltd., JEOL Ltd., MassTech Inc., Merck KGaA, MS Bioworks, Promega Corporation, QIAGEN N.V., Rigaku Corporation, Sartorius AG, SERVA Electrophoresis GmbH, Thermo Fisher Scientific, VProteomics, and Waters Corporation.
Unit Denominations USD Million/Billion

 

Furthermore, since the outcomes from novel therapeutics have shown positive results on patients, researchers & developers are motivated to introduce innovations and cater to the high unmet needs of patients worldwide, which would further boost the global protein characterization and identification market through 2027.

Impact of Covid-19 on the Global Protein Characterization and Identification Market

With the advent of Covid-19 in 2020, the entire healthcare sector underwent significant disruptions & immense pressure to cater to the needs of the flooding patient pool globally. However, the effects of the pandemic were minimal on the Global Protein Characterization & Identification Market.

While the governments of different countries imposed stringent movement restrictions & lockdowns to curb the disease spread, several prominent players showed a greater inclination toward research & development activities on protein to learn more about its characterization & identification in order to develop therapeutics & preventive strategies for SARS-CoV-2 causing the Covid-19 virus.

Besides, there was a proliferation in demand for protein characterization & identification technology to understand & study the spike of the coronavirus for the development of synthetic vaccines. Hence, there was a considerable expansion in the market size amidst the crisis, which, in turn, presented a path for the leading companies in the industry to witness lucrative prospects in the coming years.

Global Protein Characterization and Identification Market Research Report Forecast: (2022-2027)

Market Segmentation

Based on Products:

  • Consumables
    • Chromatography
    • Electrophoresis
    • Immunoassay
    • Mass Spectrometry
  • Instruments
    • Chromatography
    • Electrophoresis
    • Label-free Detection
    • Mass Spectrometry
    • Spectroscope

Of them all, mass spectrometry instruments are anticipated to dominate the Global Protein Characterization & Identification Market with the largest share during 2022-27. It attributes principally to their capabilities to produce & separate ions based on mass to charge (m/z) ratio. These instruments are used mainly for protein characterization from biological samples. Besides, several studies have also shown their potential in accurately quantifying proteins. Hence, owing to the assurance of accurate results in protein characterization, the demand for mass spectrometry instruments is surging rapidly and stimulating the overall market growth.

Moreover, owing to the rising demand for these instruments, several prominent pharmaceutical & biotechnological companies are coming together in various long-term partnerships and agreements to increase their delivery capacities and meet the rising requirements worldwide. Furthermore, several leading players in the industry are demonstrating their active participation through a rise in product launches with respect to mass spectrometry and driving the market. For instance:

  • In June 2021, Thermo Fisher Scientific launched a mass spectrometer, Orbitrap IQ-X Tribrid, principally to reveal complex chemical structures for compound identification & structure explanation of small molecules.

Based on End-Users:

  • Academic Research Institutes
  • Contract Research Organizations (CROs)
  • Pharmaceutical & Biotechnology Companies

Here, pharmaceutical & biotechnology firms are anticipated to acquire the largest market share through 2027, principally due to the growing encouragement by governments of different countries for such companies to indulge rigorously in numerous drug discovery activities associated with protein.

Besides, active government efforts toward strengthening the healthcare industry like massive investments, numerous research & development activities, & favorable policies for clinical trials, among others, are also fueling the participation of pharmaceutical & biotechnological companies in bringing developments in protein characterization & identification, thereby propelling the overall market expansion.

Regional Landscape

Geographically, the Global Protein Characterization and Identification Market expands across:

  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia-Pacific

Of all regions globally, North America acquired the largest share in the Protein Characterization and Identification Market in the previous years, and the same trend is likely during 2022-27. It attributes principally to the extensive presence of several prominent players across different countries in the region and their active participation in various research & development activities.

Besides, massive financial flow and easy availability & adoption of advanced technologies are also stimulating the regional market growth. Furthermore, the region is also witnessing several agreements & partnerships between players toward bringing new products & services, thereby presenting remunerative prospects for the overall expansion of the North America Protein Characterization and Identification Market in the coming years.

On the other hand, Asia-Pacific is anticipated to demonstrate the fastest market growth during 2022-27. It owes prominently to the mounting prevalence of chronic diseases across different countries in the region, coupled with the massive healthcare expenditure by governments toward strengthening the industry and bringing new developments in the treatment of diseases with enhanced efficacy.

As a result, Asia-Pacific is witnessing numerous ongoing research & development activities, coupled with the active participation of biopharma companies in extending their production capacities to cater to the burgeoning requirements for consumables & instruments, thereby driving the regional market. 

Possible Growth Restraint for the Global Protein Characterization and Identification Market

  • Lack of Technical Knowledge & Well-Trained Professionals

Since protein characterization & identification is a complex analysis and requires a skilled workforce to conduct the session, there could be inaccuracy in the results due to carelessness or unavailability of professionals. In addition, a lack of knowledge about the technology or the improper use of instruments can also affect the results and lead to unnecessary expenses. Hence, these aspects are restraining the adoption of the technology & affecting the fledged growth of the Global Protein Characterization and Identification Market.

Key Questions Answered in the Market Research Report:

  1. What are the overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares) of the Global Protein Characterization and Identification Market?
  2. What are the region-wise industry size, growth drivers, and challenges?
  3. What are the key innovations, opportunities, current & future trends, and regulations in the Global Protein Characterization and Identification Market?
  4. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the Global Protein Characterization and Identification Market based on the competitive benchmarking matrix?
  5. What are the key results derived from surveys conducted during the Global Protein Characterization and Identification Market study?

Frequently Asked Questions

A. The Global Protein Characterization and Identification Market is projected to grow at a CAGR of around 13.4% during 2022-27.

A. Lack of knowledge about the technology or the improper use of instruments, coupled with the unavailability of skilled professionals, are some prominent aspects that might hamper the growth of the Global Protein Characterization and Identification Market in the coming years.

A. Pharmaceuticals & biotechnology companies are anticipated to emerge as an area of remunerative opportunities for the leading players in the Global Protein Characterization and Identification Market over the forecast years.

  1. Introduction
    1. Research Process
    2. Assumption
    3. Market Segmentation
    4. Market Definition
  2. Executive Summary
  3. Global Protein Characterization and Identification Market Trends & Insights
  4. Global Protein Characterization and Identification Market Regulation & Policy
  5. Global Protein Characterization and Identification Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  6. Global Protein Characterization and Identification Market Hotspot & Opportunities
  7. Global Protein Characterization and Identification Market Outlook, 2017- 2027
    1. Market Size and Analysis
      1. By Revenues in USD Million
    2. Market Share and Analysis
      1. By Products
        1. Consumables
          1. Chromatography
          2. Electrophoresis
          3. Immunoassay
          4. Mass Spectrometry
        2. Instruments
          1. Chromatography
          2. Electrophoresis
          3. Label free Detection
          4. Mass Spectrometry
          5. Spectroscopy
      2. By Services
        1. Clinical Diagnosis
        2. Drug Discovery & Development
      3. By End-User
        1. Academic Research Institutes
        2. Contract Research Organizations (CROs)
        3. Pharmaceutical & Biotechnology Companies
      4. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia-Pacific
      5. By Company
        1. Competition Characteristics
        2. Revenue Shares
        3. Competitor Placement in MarkNtel Advisor’s Quadrant
  8. North America Protein Characterization and Identification Market Outlook, 2017- 2027
    1. Market Size and Analysis
      1. By Revenues in USD Million
    2. Market Share and Analysis
      1. By Products
      2. By Services
      3. By End-User
      4. By Country
        1. The US
        2. Canada
        3. Mexico
  9. South America Protein Characterization and Identification Market Outlook, 2017- 2027
    1. Market Size and Analysis
      1. By Revenues in USD Million
    2. Market Share and Analysis
      1. By Products
      2. By Services
      3. By End-User
      4. By Country
        1. Brazil
        2. Rest of South America
  10. Europe Protein Characterization and Identification Market Outlook, 2017- 2027
    1. Market Size and Analysis
      1. By Revenues in USD Million
    2. Market Share and Analysis
      1. By Products
      2. By Services
      3. By End-User
      4. By Country
        1. The UK
        2. Germany
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
  11. Middle East & Africa Protein Characterization and Identification Market Outlook, 2017- 2027
    1. Market Size and Analysis
      1. By Revenues in USD Million
    2. Market Share and Analysis
      1. By Products
      2. By Services
      3. By End-User
      4. By Country
        1. South Africa
        2. GCC
        3. Rest of Middle East & Africa
  12. Asia-Pacific Protein Characterization and Identification Market Outlook, 2017- 2027
    1. Market Size and Analysis
      1. By Revenues in USD Million
    2. Market Share and Analysis
      1. By Products
      2. By Services
      3. By End-User
      4. By Country
        1. China
        2. Japan
        3. India
        4. Australia
        5. Rest of Asia-Pacific
  13. Global Protein Characterization and Identification Market Key Strategic Imperatives for Success and Growth
  14. Competitive Outlook
    1. Competition Matrix
      1. By Application Portfolio
      2. Brand Specialization
      3. Target Markets
      4. Target by Applications
      5. Research & Development
      6. Strategic Alliances
      7. Strategic Initiatives
    2. Company Profiles (Business Description, By Application Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. Advion, Inc.
      2. Agilent Technologies
      3. Analytik Jena 
      4. Creative Proteomics
      5. Cleaver Scientific
      6. Danaher Corporation
      7. HORIBA Ltd.
      8. JEOL Ltd.
      9. MassTech Inc.
      10. Merck KGaA
      11. MS Bioworks
      12. Promega Corporation
      13. QIAGEN N.V.
      14. Rigaku Corporation
      15. Sartorius AG
      16. SERVA Electrophoresis GmbH
      17. Thermo Fisher Scientific
      18. VProteomics
      19. Waters Corporation
      20. Others
  15. Disclaimer
Protein Characterization and Identification Market - Segmentation Slide