The Proteomics Market to grow at a CAGR of 13.05% from 2022 to 2027; Increasing advances in proteomics research to boost market growth - Technavio

NEW YORK, Aug. 14, 2023 /PRNewswire/ -- The proteomics market is projected to progress at a CAGR of 13.05% from 2022 to 2027. The size of the market is forecast to increase by USD 21,749.32 million during the forecast period. The emergence of precision proteomics is a key factor driving market growth.  Precision proteomics accurately identifies and quantifies proteins in complex biological samples using advanced analytical tools. This approach helps to deepen understanding of the biological processes and mechanisms that cause disease, assisting in the creation of precise treatments. In addition, it helps uncover signs of disease and potential drug targets. Continuous advances in mass spectrometry, bioinformatics, and sample preparation techniques are driving the expansion of precision proteomics. Furthermore, the prevalence of chronic health conditions and the desire for personalized therapies are also driving its implementation. As precision medicine advances, proteomics will remain essential to unraveling the complexities of disease and driving pharmaceutical innovation. Hence, the emergence of precision proteomics is expected to drive market growth during the forecast period.

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Proteomics Market – Market Dynamics

Major Trends

The emergence of label-free quantification techniques is a major trend in the market. Label-free quantification based on mass spectrometry is on the rise, as it offers advantages such as accuracy, reproducibility, and cost-effectiveness while handling larger sample sizes and avoiding potential artifacts caused by labeling interference.

Furthermore, the field of proteomics is also experiencing trends such as increased use of high-throughput technologies, a broader role of proteomics in drug discovery, and integration with omics approaches such as genomics and metabolomics. With the growing demand for personalized medicine, the advancement of proteomics technology, and its applications extending to drug discovery, clinical diagnosis, and agriculture, the proteomics market is growing significantly. Hence, the emergence of label-free quantification techniques is expected to drive market growth during the forecast period.

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Other Key Data Covered in Proteomics market report- 

• Detailed information on factors including driver details 
• Market segmentation by product (Reagents, Instruments, and Services), end-user (Clinical diagnostics, Drug discovery, and Others), and Geography (North America, Europe, Asia, and Rest of World (ROW)) 
• Precise estimation of the proteomics market size and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Comprehensive analysis of factors that will challenge the growth of crowdfunding market companies
• A thorough analysis of the market's competitive landscape and detailed information about companies
• Growth of the industry across North America, Europe, Asia, and Rest of World (ROW)
• CAGR of the market during the forecast period

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Proteomics Market- Company Analysis and Scope

Some of the major companies in the proteomics market are Agilent Technologies Inc., Applied Biomics Inc., Bio Rad Laboratories Inc., Biognosys AG, Bruker Corp., CellCarta Biosciences Inc., Creative Proteomics, DiaSorin Spa, F. Hoffmann La Roche Ltd., Geno Technology Inc., HORIBA Ltd., Merck KGaA, Olink Holding AB, Perkin Elmer Inc., Promega Corp., QIAGEN NV, Thermo Fisher Scientific Inc., Waters Corp., Cell Signaling Technology Inc., and Illumina Inc.

Company Offerings

• Thermofisher- The company offers proteomics and protein analysis products such as Lumit Immunoassays, Mass Spectrometry, bioluminescent HiBiT Protein Tagging System, and HaloTag polyhistidine protein purification system.
• Agilent Technologies Inc. - The company offers proteomics and Peptide Quantitation through Liquid chromatography-mass spectrometry, Jet stream Peptide, and targeted proteomics.
• Bio Rad Laboratories Inc. - The company offers proteomics through two biomarker kits, namely, Comparative Proteomics Kit I Protein Profiler Module and Comparative Proteomics Kit II Western Blot Module.

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• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

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Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Product

7 Market Segmentation by End-user

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Company Landscape

12 Company Analysis

13 Appendix

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