The global protein sequencing market size was valued at $ 5,399.9 million in 2018 and is expected to reach $ 9,926.7 million by 2026, registering a CAGR of 7.8% from 2019 to 2026. Protein sequencing provides information regarding the amino acids that make up a protein. While performing the sequencing process, amino acids are sequentially removed from the N-terminal end of the protein strand and identified in the order they occur in the protein. Protein sequencing finds its wide applications in the field of genetic engineering, and biotherapeutics. There are two main technologies available for protein sequencing namely Edman degradation and mass spectrometry. Edman degradation is considered as the gold standard for protein sequencing.
The major factors contributing to the growth of the protein sequencing market include surge in focus on biotherapeutics development biotechnology and pharmaceutical companies in various developing and developed regions. Technological advancements in de novo peptide-sequencing methods and analytical methods, with the application of neural networks, have opened new avenues in the market. However, high cost of infrastructures and the required equipment such as mass spectrometers, hamper the market growth. On the contrary, technological advancements for the identification of isobaric residues in protein sequences are expected to create lucrative opportunities in the near future.
Bioinformatics Solutions Inc., Charles River Laboratories, Agilent Technologies, Inc., Proteome Factory, Rapid Novor Inc., Selvita, SGS, Shimadzu Corporation, Thermo Fisher Scientific Inc., and Waters Corporation are some of the key players in the global protein sequencing market.
KEY BENEFITS FOR STAKEHOLDERS
KEY MARKET SEGMENTS
By Product & Service
By Technology
By Application
By End User
By Region
The major factors contributing to the growth of the protein sequencing market include surge in focus on biotherapeutics development biotechnology and pharmaceutical companies in various developing and developed regions. Technological advancements in de novo peptide-sequencing methods and analytical methods, with the application of neural networks, have opened new avenues in the market. However, high cost of infrastructures and the required equipment such as mass spectrometers, hamper the market growth. On the contrary, technological advancements for the identification of isobaric residues in protein sequences are expected to create lucrative opportunities in the near future.
Bioinformatics Solutions Inc., Charles River Laboratories, Agilent Technologies, Inc., Proteome Factory, Rapid Novor Inc., Selvita, SGS, Shimadzu Corporation, Thermo Fisher Scientific Inc., and Waters Corporation are some of the key players in the global protein sequencing market.
KEY BENEFITS FOR STAKEHOLDERS
- The protein sequencing market share and analysis is based on a comprehensive analysis of key developments in the industry.
- The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the global market.
- The study provides an in-depth analysis of the market trends to elucidate the imminent investment pockets.
- The global protein sequencing market trends are studied from 2018 to 2026.
- Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the protein sequencing industry.
- The quantitative analysis of the global protein sequencing market from 2019 to 2026 is provided to determine the market potential.
KEY MARKET SEGMENTS
By Product & Service
- Reagents & Consumables
- Instruments
- Mass Spectrometry Instruments
- Edman Degradation Sequencers
- Analysis Product
- Protein Sequencing Services
By Technology
- Mass Spectrometry
- Edman Degradation
By Application
- Biotherapeutics
- Genetic Engineering
By End User
- Pharmaceutical and Biotechnological Companies
- Academic Institute and Research Centre
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Rest of Europe
- Asia-Pacific
- Australia
- Japan
- India
- China
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Protein Sequencing Market, By Products & Services
Chapter 5: Protein Sequencing Market, By Technology
Chapter 6: Protein Sequencing Market, By Application
Chapter 7: Protein Sequencing Market By Region
Chapter 8: Company Profiles
Executive Summary
According to the report titled, 'Protein Sequencing Market by Product and Service, Technology, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2019-2026', the global protein sequencing market size is expected to reach $ 9,926.7 million by 2026, registering a CAGR of 7.8% from 2019 to 2026, in terms of value.Protein sequencing is a method used to determine the amino acid sequence of proteins and scrutiny of the sequence, for instance, to infer protein conformation. Protein sequencing finds its wide applications in the field of genetic engineering, and biotherapeutics. Techniques used for performing protein sequencing include mass spectrometry and the Edman degradation. Sequencing plays a vital role in proteomics as the information deduced can be used to infer function, structure, and location of novel proteins as well as to understand the cellular processes.
Surge in focus toward target-based drug development by pharmaceutical and biotechnology companies is the major factor anticipated to drive the protein sequencing market growth. Further, advancements in clinical mass spectrometry & analytical techniques and rise in public-private financial support for proteomic research propels the market growth in the near future. However, the uptake of protein sequencing method is constrained by the high cost of infrastructures and equipment, such as that of mass spectrometers. In addition, dearth of skilled researchers and laboratory professionals are also the major factors hampering the market growth. On the contrary, technological advancements for the identification of isobaric residues in protein sequences are expected to create lucrative opportunities and thus, generating new protein sequencing market trends in near future.
Based on technology, the Edman degradation segment accounted for 58% share in the protein sequencing market in 2018. This segment is expected to exhibit a prominent growth rate, owing to its wide usage for protein sequencing. However, mass spectrometry is anticipated to grow at the fastest growth rate during the forecast period. This is attributed to its fast, precise, accurate protein sequencing ability. The technique can even sequence large peptide sequences that too in lesser time than Edman degradation.
Based on protein sequencing market analysis, by application, the biopharmaceuticals segment dominated the protein sequencing market in 2018 and is anticipated to maintain its dominance during the forecast period. This is attributed to the increased research toward the development of protein-based innovative and novel biotherapeutics for treatment of various diseases. The usage of protein sequencing for development of biopharmaceuticals in the new and potent are of research that is anticipated to create lucrative opportunities in the near future.
Key Findings of the Protein Sequencing Market:
By product & service, the reagent & consumables segment accounted for the highest market share of 57% in 2018 and is anticipated to grow at the fastest rate during the forecast period.
By region, North America was the major shareholder and accounted for the highest share of 40% in 2018.
By application, the biopharmaceuticals segment is expected to grow at a CAGR of 8.5% during the forecast period.
By end user, the biotechnology & pharmaceutical company segment dominated the market in 2018 and is anticipated to maintain its dominance during the forecast period.
Comprehensive competitive analysis and profiles of major market players such as Bioinformatics Solutions Inc., Charles River Laboratories, Agilent Technologies, Inc., Proteome Factory, Rapid Novor Inc., Selvita, SGS, Shimadzu Corporation, Thermo Fisher Scientific Inc., and Waters Corporation are provided in this report.
Companies Mentioned
- Air Products and Chemicals Inc.
- Atlas Copco AB
- Hitachi Industrial Equipment Systems Co. Ltd.
- L’Air Liquide S.A.
- Linde
- NOVAIR S.A.S
- On Site Gas Systems Inc.
- Oxymat A/S
- Parker-Hannifin Corporation
- Peak Gas Generation.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 212 |
| Published | November 2019 |
| Forecast Period | 2018 - 2026 |
| Estimated Market Value ( USD | $ 5399.9 million |
| Forecasted Market Value ( USD | $ 9926.7 million |
| Compound Annual Growth Rate | 7.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
