GLOBAL PROTEIN SEQUENCING MARKET FORECAST 2020-2028

  • You are here:
  • Home
  • Reports
  • GLOBAL PROTEIN SEQUENCING MARKET FORECAST 2020-2028

GLOBAL PROTEIN SEQUENCING MARKET FORECAST 2020-2028

According to Inkwood Research, the global protein sequencing market is projected to record a CAGR of 6.47% during the forecast period and will reach revenue of $8.98 billion by 2028. The base year considered for the market study is 2019 and the forecasted period is between 2020 and 2028. Rising demand for drug development is fueling the demand for the protein sequencing market. A target is generally a molecular mechanism toward disease prediction. These drugs frequently control the working of the protein.

GLOBAL PROTEIN SEQUENCING MARKET FORECAST 2020-2028

Global Protein Sequencing Market by Product and Service (Reagents and Consumables, Instruments, Analysis Product, Protein Sequencing Services)  by Technology (Mass Spectrometry, Edman Degradation) by Application (Academia, Biopharmaceuticals, Biotechnology Research) and by Geography.

Request free sample

According to Inkwood Research, the global protein sequencing market is projected to record a CAGR of 6.47% during the forecast period and will reach revenue of $8.98 billion by 2028. The base year considered for the market study is 2019 and the forecasted period is between 2020 and 2028.

The global protein sequencing market growth is augmented by the following factors:

  • Growing focus on target-based drug development
  • Developments in mass spectrometry and analytical techniques
  • Advances in computational proteomics

GLOBAL PROTEIN SEQUENCING MARKET FORECAST 2020-2028

Rising demand for drug development is fueling the demand for the protein sequencing market. A target is generally a molecular mechanism toward disease prediction. These drugs frequently control the working of the protein. Over the past few years, an increasing number of innovations based on proteomics have fueled innovative drug development. Further, several medications have been developed with a stress on a single protein source. Also, Technical improvements in mass spectrometer is a major factor fueling the growth of the market. A rise in funding activities for proteomics research in numerous developing and developed regions is a prime aspect of boosting the market.

Edman degradation segment is the fastest-growing category in the instruments segment. Edman degradation is a sensitive, and simple way to infer the location of phosphoamino acids in an isolated phosphopeptide. Edman degradation is an important technique in protein sequence analysis. It includes step by step hydrolysis of peptides with phenyl isothiocyanate, beginning at the N-terminus of the polypeptide. Moreover, the mass spectrometry segment is anticipated to grow at the CAGR of around 6.16% during the forecast period.  Mass spectrometry has emerged as a boon for protein sequencing in lesser time. This is majorly attributed to the instrumental advances that permit monotonous analysis of minute peptides in complex mixes, with the rapid growth in genomic databanks that are fostering the market growth.

However, a shortage of trained researchers and laboratory professionals is restraining the growth of the protein sequencing market. The field of proteomics has rapidly advanced in recent years in techniques of protein production, crystal growth, and structure determination. Moreover, the complete process needs to be performed by expert professionals due to the complex operations involved in sequencing techniques.

The report scope of the global protein sequencing market covers segmentation analysis of product and service, and technology and application.

Market by Product and Service:

  • Reagents and Consumables
  • Instruments
    • Edman degradation
    • Mass Spectrometry
  • Analysis Product
  • Protein Sequencing Services

Market by Technology:

  • Mass spectrometry
  • Edman Degradation

Market by Application:

  • Academia
  • Biopharmaceuticals
  • Biotechnology Research

Geographically, the global protein sequencing market has been segmented into four major regions which include:

  • North America: the United States and Canada
  • Europe: United Kingdom, France, Germany, Italy, Russia, Belgium, Poland, and  the Rest of Europe
  • Asia Pacific: China, Japan, India, South Korea, Thailand, Indonesia, Vietnam, Australia & New Zealand, and the Rest of APAC
  • Rest of World: Latin America, the Middle East & Africa

Geographically, North America is the largest market with a market share of 39.72% in terms of revenue in 2019. The region is projected to grow at a steady pace during the forecast period. This is majorly due to a rise in the availability, and accessibility of protein sequencing and well-established healthcare infrastructure. Moreover, this region also has the presence of many local and regional vendors that are gradually marking a position in this market. For instance, the U.S. based Swift Biosciences is a biotechnology research company that specializes in manufacturing kits and reagents employed in sample preparation for NGS.

On the other hand, Asia Pacific accounts for the fastest-growing region with a CAGR of 7.77% in the forecast period. Asia Pacific owns a high market perspective for the growth of the market due to a rise in demand for drug discovery and an increase in focus on the biotechnology industry. In addition, a surge in the use of sequencing methods has led to rapid developments in the market. Moreover, research, innovation, and development related to proteomics and genomics are engulfing the Asia Pacific region.

The leading players in the global protein sequencing market include:

  • Shimadzu Corporation
  • Agilent Technologies Inc
  • Water Corporation
  • Others

In November 2019, Thermofisher launched its Ion Torrent Genexus System, the first fully integrated, next-generation sequencing (NGS) platform that features an automated specimen-to-report workflow, which delivers results economically in a single day.

Key findings of the global protein sequencing market are:

  • North America leads the global protein sequencing market by capturing the largest market share of around 39.72 % in 2019.
  • Asia Pacific protein sequencing market is anticipated to grow at the highest CAGR of 7.77% during the forecast period of 2020-2028.
  • Advances in Novo peptide sequencing methods are driving the overall market growth.
  • Mass Spectrometry segment is projected to grow with a CAGR of 6.16 % during the forecasted period.
  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • MARKET DEFINITION
    •    KEY DRIVERS
      • GROWING FOCUS ON TARGET-BASED DRUG DEVELOPMENT
      • DEVELOPMENTS IN MASS SPECTROMETRY AND ANALYTICAL TECHNIQUES
      • ADVANCES IN COMPUTATIONAL PROTEOMICS
    •    KEY RESTRAINTS
      • SHORTAGE OF TRAINED RESEARCHERS AND LABORATORY PROFESSIONALS
      • EXORBITANT COST LEVIED BY INFRASTRUCTURE
  1. KEY ANALYTICS
    • KEY INVESTMENT INSIGHTS
    •    PORTER’S FIVE FORCE ANALYSIS
      • BUYER POWER
      • SUPPLIER POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
  2. MARKET BY PRODUCT AND SERVICE
    • REAGENTS AND CONSUMABLES
    •    INSTRUMENTS
      • EDMAN DEGRADATION
      • MASS SPECTROMETRY
    • ANALYSIS PRODUCT
    • PROTEIN SEQUENCING SERVICES
  3. MARKET BY TECHNOLOGY
    • MASS SPECTROMETRY
    • EDMAN DEGRADATION
  4. MARKET BY APPLICATION
    • ACADEMIA
    • BIOPHARMACEUTICALS
    • BIOTECHNOLOGY RESEARCH
  5. GEOGRAPHICAL ANALYSIS
    •    NORTH AMERICA
      • UNITED STATES
      • CANADA
    •    EUROPE
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • ITALY
      • RUSSIA
      • BELGIUM
      • POLAND
      • REST OF EUROPE
    •    ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • INDONESIA
      • THAILAND
      • VIETNAM
      • AUSTRALIA & NEW ZEALAND
      • REST OF ASIA PACIFIC
    •    REST OF WORLD
      • LATIN AMERICA
      • MIDDLE EAST & AFRICA
  1. COMPANY PROFILES
    • SHIMADZU CORPORATION
    • AGILENT TECHNOLOGIES INC
    • THERMOFISHER SCIENTIFIC INC
    • PROTEOME FACTORY
    • WATER CORPORATION
    • BIOINFORMATICS SOLUTION
    • CHARLES RIVER LABORATORIES INC
    • SELVITA
    • RAPID NOVOR
    • SGS SA
    • BRUKER CORPORATION
    • TAKARA BIO

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – PROTEIN SEQUENCING

TABLE 2: GLOBAL PROTEIN SEQUENCING MARKET, BY PRODUCT AND SERVICE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 3: GLOBAL PROTEIN SEQUENCING MARKET, BY PRODUCT AND SERVICE, FORECAST YEARS 2020-2028 (IN $ MILLION

TABLE 4: GLOBAL REAGENTS AND CONSUMABLES MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 5: GLOBAL REAGENTS AND CONSUMABLES MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 6: GLOBAL PROTEIN SEQUENCING MARKET, BY INSTRUMENTS, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 7: GLOBAL PROTEIN SEQUENCING MARKET, BY INSTRUMENTS, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 8: GLOBAL EDMAN DEGRADATION MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 9: GLOBAL EDMAN DEGRADATION MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 10: GLOBAL MASS SPECTROMETRY, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 11: GLOBAL MASS SPECTROMETRY MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 12: GLOBAL ANALYSIS PRODUCT MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 13: GLOBAL ANALYSIS PRODUCT MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 14: GLOBAL PROTEIN SEQUENCING SERVICES MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 15: GLOBAL PROTEIN SEQUENCING SERVICES MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 16: GLOBAL PROTEIN SEQUENCING MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 17: GLOBAL PROTEIN SEQUENCING MARKET, BY TECHNOLOGY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 18: GLOBAL MASS SPECTROMETRY MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 19: GLOBAL MASS SPECTROMETRY MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 20: GLOBAL EDMAN DEGRADATION MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 21: GLOBAL EDMAN DEGRADATION MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 22: GLOBAL PROTEIN SEQUENCING MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 23: GLOBAL PROTEIN SEQUENCING MARKET, BY APPLICATION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 24: GLOBAL ACADEMIA MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 25: GLOBAL ACADEMIA MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 26: GLOBAL BIOPHARMACEUTICALS MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 27: GLOBAL BIOPHARMACEUTICALS MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 28: GLOBAL BIOTECHNOLOGY RESEARCH MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 29: GLOBAL BIOTECHNOLOGY RESEARCH MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 30: GLOBAL PROTEIN SEQUENCING MARKET, BY GEOGRAPHY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 31: GLOBAL PROTEIN SEQUENCING MARKET, BY GEOGRAPHY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 32: NORTH AMERICA PROTEIN SEQUENCING MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 33: NORTH AMERICA PROTEIN SEQUENCING MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 34: EUROPE PROTEIN SEQUENCING MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 35: EUROPE PROTEIN SEQUENCING MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 36: ASIA PACIFIC PROTEIN SEQUENCING MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 37: ASIA PACIFIC PROTEIN SEQUENCING MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 38: REST OF WORLD PROTEIN SEQUENCING MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 39: REST OF WORLD PROTEIN SEQUENCING MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

FIGURE LIST

FIGURE 1: KEY INVESTMENT INSIGHTS

FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VENDOR LANDSCAPE

FIGURE 5: GLOBAL PROTEIN SEQUENCING MARKET, GROWTH POTENTIAL, BY PRODUCT AND SERVICE, IN 2019

FIGURE 6: GLOBAL PROTEIN SEQUENCING MARKET, BY REAGENTS AND CONSUMABLES, 2020-2028 (IN $ MILLION)

FIGURE 7: GLOBAL PROTEIN SEQUENCING MARKET, BY INSTRUMENTS, 2020-2028 (IN $ MILLION)

FIGURE 8: GLOBAL PROTEIN SEQUENCING MARKET, GROWTH POTENTIAL, BY INSTRUMENTS, IN 2019

FIGURE 9: GLOBAL PROTEIN SEQUENCING MARKET, BY EDMAN DEGRADATION, 2020-2028 (IN $ MILLION)

FIGURE 10: GLOBAL PROTEIN SEQUENCING MARKET, BY MASS SPECTROMETRY, 2020-2028 (IN $ MILLION)

FIGURE 11: GLOBAL PROTEIN SEQUENCING MARKET, BY ANALYSIS PRODUCT, 2020-2028 (IN $ MILLION)

FIGURE 12: GLOBAL PROTEIN SEQUENCING MARKET, BY PROTEIN SEQUENCING SERVICES, 2020-2028 (IN $ MILLION)

FIGURE 13: GLOBAL PROTEIN SEQUENCING MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2019

FIGURE 14: GLOBAL PROTEIN SEQUENCING MARKET, BY MASS SPECTROMETRY, 2020-2028 (IN $ MILLION)

FIGURE 15: GLOBAL PROTEIN SEQUENCING MARKET, BY EDMAN DEGRADATION, 2020-2028 (IN $ MILLION)

FIGURE 16: GLOBAL PROTEIN SEQUENCING MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2019

FIGURE 17: GLOBAL PROTEIN SEQUENCING MARKET, BY ACADEMIA, 2020-2028 (IN $ MILLION)

FIGURE 18: GLOBAL PROTEIN SEQUENCING MARKET, BY BIOPHARMACEUTICALS, 2020-2028 (IN $ MILLION)

FIGURE 19: GLOBAL PROTEIN SEQUENCING MARKET, BIOTECHNOLOGY, 2020-2028 (IN $ MILLION)

FIGURE 20: NORTH AMERICA PROTEIN SEQUENCING MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 21: UNITED STATES PROTEIN SEQUENCING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 22: CANADA PROTEIN SEQUENCING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 23: EUROPE PROTEIN SEQUENCING MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 24: UNITED KINGDOM PROTEIN SEQUENCING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 25: GERMANY PROTEIN SEQUENCING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 26: FRANCE PROTEIN SEQUENCING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 27: ITALY PROTEIN SEQUENCING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 28: RUSSIA PROTEIN SEQUENCING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 29: BELGIUM PROTEIN SEQUENCING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 30: POLAND PROTEIN SEQUENCING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 31: REST OF EUROPE PROTEIN SEQUENCING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 32: ASIA PACIFIC PROTEIN SEQUENCING MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 33: CHINA PROTEIN SEQUENCING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 34: JAPAN PROTEIN SEQUENCING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 35: INDIA PROTEIN SEQUENCING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 36: SOUTH KOREA PROTEIN SEQUENCING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 37: INDONESIA PROTEIN SEQUENCING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 38: THAILAND PROTEIN SEQUENCING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 39: VIETNAM PROTEIN SEQUENCING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 40: AUSTRALIA & NEW ZEALAND PROTEIN SEQUENCING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 41: REST OF ASIA PACIFIC PROTEIN SEQUENCING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 42: REST OF WORLD PROTEIN SEQUENCING MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 43: LATIN AMERICA PROTEIN SEQUENCING MARKET, 2020-2028 (IN $ MILLION)

FIGURE 44: MIDDLE EAST & AFRICA PROTEIN SEQUENCING MARKET, 2020-2028 (IN $ MILLION)

  1. MARKET BY PRODUCT AND SERVICE
    • REAGENTS AND CONSUMABLES
    •    INSTRUMENTS
      • EDMAN DEGRADATION
      • MASS SPECTROMETRY
    • ANALYSIS PRODUCT
    • PROTEIN SEQUENCING SERVICES
  2. MARKET BY TECHNOLOGY
    • MASS SPECTROMETRY
    • EDMAN DEGRADATION
  3. MARKET BY APPLICATION
    • ACADEMIA
    • BIOPHARMACEUTICALS
    • BIOTECHNOLOGY RESEARCH
  4. GEOGRAPHICAL ANALYSIS
    •    NORTH AMERICA
      • UNITED STATES
      • CANADA
    •    EUROPE
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • ITALY
      • RUSSIA
      • BELGIUM
      • POLAND
      • REST OF EUROPE
    •    ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • INDONESIA
      • THAILAND
      • VIETNAM
      • AUSTRALIA & NEW ZEALAND
      • REST OF ASIA PACIFIC
    •    REST OF WORLD
      • LATIN AMERICA
      • MIDDLE EAST & AFRICA

To request a free sample copy of this report, please complete the form below :

We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.

Choose License Type

Buy Now