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World Proteome Informatics Markets
Frost & Sullivan, Dec 2003
Compatibility and Integration Issues Create Technical Challenges for Proteome Informatics Market
Technical challenges relating to the integration of equipment and data weaken the appeal of proteomics informatics. As the market develops and new technologies are launched, vendors attempt to address these challenges. The issue, however, creates an ongoing struggle in the broader life science research setting and has to be resolved in order to provide maximum possible value and eliminate incompatibilities. Given the growing number of techniques developed in proteomics, the need to corroborate information is vital. However, the complexity of enabling the many possible combinations creates its own set of limits. Vendors must address the changing environments of alliances, public initiatives and standards, as well as the technological trends, and then decide appropriate strategies.
This research examines the world proteomics informatics markets. It offers revenue forecasts by broad application area segments - expression, structural, and interaction proteomics - and covers key drivers and restraints influencing market growth. It also provides strategic recommendations to overcome market challenges. This research service includes segments focusing on standardization and the innovative integration of interfaces.
Continuous Evolution and Increasing Complexity of Proteomics Drives Growth in Software
The traditional proteomics approaches are constantly being complemented by new technologies or variations, says the analyst of this study. While these changes are gradual in some areas, they are dramatic in other segments of the market, creating an urgent need for software to integrate information and processes in a manageable, efficient, and flexible manner.
Improvements in software include visualization and data mining, automation of data acquisition and analysis, as well as knowledge-based approaches to crystallization. Hi-tech advances in recent years have been so rapid that the software, at times, has been unable to keep pace, resulting in bottlenecks - especially in the field of data analysis. This issue needs to be addressed to enable significant growth.
Technological Advances Boost Value of Proteomics and Emphasize Standardization
With laboratories becoming less compartmentalized and isolated, the value of centralized information and its accessibility increases. Progressive improvements in the field of instrumentation, enhanced throughput, and the continuing expansion of biological databases heighten the significance of proteomics in augmenting biological knowledge. The high funding and skill needed for many of these technologies underline the need for core labs and centralized initiatives specifically for expression and structural proteomics. With the refinement of 2-D gel electrophoresis (2DGE) and mass spectrometry (MS) methods, bioinformatics software, and laboratory information management systems (LIMS), new possibilities are opening up in life science research.
This market is ripe for innovation and growth, with significant demand growth and technical advances expected in the near future. The complexity and ongoing evolution of the proteome informatics market is poised to create many opportunities and niches for the vendor, concludes the analyst.
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