Membrane Protein Characterization Service Demand Surges as R&D Spending Increases Globally: Study

Pressing need to reduce the burden of chronic diseases are encouraging governments to offer research and development incentives

Pressing need to reduce the burden of chronic diseases are encouraging governments to offer research and development incentives

Fact.MR, Rockville MD: Market research firm Fact.MR ongoing study foresees impressive growth on card for the membrane protein characterization service market in 2021 and beyond. With governments seeking measures to mitigate disease burden, focus on membrane protein characterization will surge, especially to drive drug development.

Membrane proteins are targets for nearly half of all modern medicines. Among diseases posing threat on human health, membrane proteins have been implicated in cystic fibrosis, heart diseases, and Alzheimer’s disease. According to the World Health Organization (WHO), cardiovascular diseases (CVD) cause nearly 17.9 million deaths every year. CVD is also identified as the leading cause of death worldwide.

With the incidence of heart ailments showing little signs of slowing down, research and development (R&D) actives are expected to gain momentum. Thanks to modern lifestyle and excessive stress humans are exposed to, surge in heart diseases is expected. Pharmaceutical giants have been looking into efficient methods of drug delivery, ensuring greater traction for membrane protein characterization.

Market players also see remarkable prospects in finding effective treatment for cystic fibrosis (CF). Mayo Clinic reveals that every state in the U.S. now conducts cystic fibrosis screening for newborns. Their aim is simple – early diagnosis to begin treatment without potential time loss. With extending effective patient care for chronic systems becoming a priority, membrane protein characterizations will be in more demand than before.

Higher R&D focus and predicted rise in both investment and government incentives have created a conducive environment for surge in membrane protein characterization services. Demand is expected to remain high as pharmaceutical companies aim for more effective treatment and medicinal drugs from chronic ailments,” said a lead analyst at Fact MR.

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Key Takeaways from Fact.MR’s Membrane Protein Characterization Service Market Report

  • High incidence of heart diseases has placed the U.S. as a key market in North America
  • Backed by government incentives demand in U.K. is expected to surge
  • Focus on R&D to reduce disease burden will remain high in Germany and France, sealing their positions as key markets within Europe
  • As per China.org, the pharmaceutical industry in China is expected to reach US$161.8 bn by 2023. This in itself will present attractive opportunities for growth of the market
  • Increasing healthcare spending on focus on expanding healthcare infrastructure will continue supporting growth in India

Membrane Protein Characterization Market – Prominent Drivers

  • As per the Cystic Fibrosis Foundation, approximately 1000 new cases of CF are recorded each year. With the numbers forecast to rise, coupled with the demand for tailored treatment, focus on membrane protein characterization service is expected to increase
  • Focus on finding effective care for patients of Alzheimer’s disease is expected to increase, thus, fuelling demand for membrane protein characterization services
  • Government incentives to research and development activities aimed at finding effective cure for chronic ailments will create conducive environment for growth

Membrane Protein Characterization Market – Key Restraints

  • Presence of certain difficulty in purifying and characterizing membrane protein could hinder the growth of the market
  • Curbs imposed on use of detergents even with high-performing stabilizing powder might pose challenge to growth

Discover more about the membrane protein characterization service market with figures data tables and table of contents. You can also find detailed market segmentation at https://www.factmr.com/report/3410/membrane-protein-characterization-service-market

Competitive Landscape

Creative Biostructure, Creative Proteomics, Creative-Biolabs, Creative Diagnostics, and Wyatt Technology Corporation are among the leading players operating in the market.

Companies operating in the market are primarily focusing on research and development initiatives to gain competitive advantage.

More Insights into Membrane Protein Characterization Service Market

In its latest report, Fact.MR offers unbiased analysis of the global membrane protein characterization service market. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of membrane protein type (G protein-coupled receptors, ion channels, and membrane receptors), service type (biophysical characterization, anion or cation exchange chromatography, liquid chromatography, gel filtration, and transmission electron microscopy), application (drug discovery and development, protein engineering, clinical diagnosis, in-vitro diagnosis, vaccine development, and antibody development), and end user (biotechnology and pharmaceutical industry, research and development, and diagnostic laboratories) across seven regions (North America, Latin America, Western Europe, Eastern Europe, Japan, Asia Pacific excluding Japan, and Middle East & Africa)

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