Protein Sequencing Market Opportunities, Growth and Forecast Report 2025Posted by rekha on September 13th, 2019 Precision Business Insights (PBI) in its report titled “Global Protein Sequencing Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024” assesses the market performance over seven years forecast period over 2018-2024. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. The global protein sequencing market was valued at US$ XX Mn in 2017 and increasing at a significant CAGR over the forecast timeframe owing to increasing use of proteomic research in drug discovery, identifying new protein biomarkers andpatent expiry of major blockbuster drugs are the major factors that are driving the growth of the global protein sequencing market over the forecast timeframe are expected to drive the global protein sequencing market. However, high cost of infrastructures and equipment, absence of talented experts and laboratory equipment are anticipated to hinder the revenue share of global protein sequencing market. Global protein sequencing market segmented on the basis of products and services, technology, application, end user and region. For request sample: https://www.precisionbusinessinsights.com/request-sample?product_id=37272 Biotherapeutics Segment Dominates the Global Protein Sequencing Market Based on the application, global protein sequencing market segmented into Biotherapeutics, Genetic Engineering and Others. Among them, biotherapeutics dominated the global protein sequencing market in 2018 and estimated to dominate over the forecast period owing to advantages of protein sequencing for the process of preliminary drug development, technological advancements that provide accurate protein sequencing through mass spectrometry, the rising demand for targeted drug therapy and increasing antibiotic resistance of microbes. However, a faster growth rate observed in genetic engineering due to its increase in demand and research. North America Leads the Global Protein Sequencing Market PBI’s global protein sequencing market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis, North America accounted for larger revenue share through 2013-2017 and expected to dominate over 2018-2024 owing to increase in focus on target-based drug development activities by biotechnology and pharmaceutical companies, rapid increase in research and development expenditure of prominent pharmaceutical and biotechnology companies are anticipated to propel the market. Asia pacific protein sequencing market projected to exhibit significant growth due toowing to increase in government funding for research in targeted based drug delivery and advanced sequencing infrastructure in research organizations.
Launch of newer products, frequent product approvals, and strategic alliances are the key strategies adopted by market players Global protein sequencing market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance. On 14th February 2019, Charles River Laboratories proposed to acquire CiToxLAB a non-clinical contract organization for USD 510 Mn. CiToxLAB would join Charles River’s discovery and safety assessment segment.The acquisition therefore expected to add USD 115 to 130 Mn to Charles River’s 2019 revenue. Key player’s profiles in the report are
Detailed Segmentation
By Products & Services:
By Application:
By End-user Industry
By Technology
Geography
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