Increasing demand for protein therapeutics and rising investment to accelerate proteomics research are key factors driving revenue growth of the market.
Increasing demand for protein therapeutics and rising investment to accelerate proteomics research are key factors driving revenue growth of the market
The global protein crystallization & crystallography market size is expected to reach USD 2.23 Billion in 2028 at a CAGR of 9.2%, according to the latest report by Reports and Data. Increasing demand for protein-based drugs, rapid advancements in proteomics research, and advancements in protein crystallography techniques are key factors expected to drive market revenue growth over the forecast period. Increasing application of crystallization to elucidate membrane protein structure and increasing use of protein crystallization technique in various sectors such as chemicals, biotechnology, and pharmaceuticals is expected to further drive revenue growth of the market over the forecast period.
Protein crystallization refers to the process of forming regular array of individual protein molecules into organized structures called crystals. Protein crystallization depends on solution that is supersaturated in the macromolecule but demonstrates conditions that do not disrupt its natural form. Protein crystals are generated for scientific and industrial purposes and are used to understand protein structure and interactions. Protein crystallization is considered a powerful tool for protein purification and to demonstrate chemical purity. This is expected to further boost adoption of protein crystallography techniques for understanding protein function and studying internal workings of a living cell. This is expected to further drive market revenue growth over the forecast period.
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Increasing demand for protein therapeutics and for development of protein-based drugs, and rapid technological advancements in protein crystallography techniques are expected to continue to drive revenue growth of the market over the forecast period. Rising prevalence of chronic diseases have increased need for development of novel and efficient drugs. Protein crystallography is extensively used in drug discovery and development and this is expected to further contribute to growth of the market over the forecast period. However, lack of skilled professional and high equipment costs are expected to restrain market growth to a certain extent over the forecast period.
Some Key Highlights from the Report:
- X-ray crystallography segment is expected to register significant revenue growth over the forecast period owing to increasing use of this technique to determine molecular and atomic structure of protein crystals for research purposes. X-ray crystallography is the most commonly used technique to elucidate protein structure and this factor is also expected to contribute significantly to revenue growth of this segment.
- Consumable segment is expected to account for largest share in the global market in terms of revenue owing to increasing demand for reagents, kits, and microplates for proteomics research studies.
- Biotechnology companies segment is expected to register considerable revenue growth over the forecast period, attributable to increasing use of protein crystallization by biotechnology companies for advancing proteomics research, genetic engineering, and protein engineering.
- North America is expected to account for largest revenue share in the global market over the forecast period owing to increasing investment and funding to accelerate proteomics research, increasing research on protein structure and interaction in research institutes, and increasing focus by key companies on developing protein-based drugs and therapeutics.
- Prominent companies operating in the market include Rigaku Corporation, Hampton Research, Jena Bioscience GmbH, Bruker Corporation, Molecular Dimensions Ltd., Formulatrix, Inc., MiTeGen LLC, Biogenuix, Arinax Scientific Instrumentation, and HiMedia Laboratories, among others.
- In March 2021, Bruker Corporation announced the launch of its new plasma proteomics software and new consumables for chemical cross linking of proteins for in-depth study of protein structure and interactions. The proteomics software, PaSER software v.1.1, will allow “run & done” high-throughput 4D proteomics that will offer information about identified peptides and protein groups as soon as the experiment is done.
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For the purpose of this report, Reports and Data has segmented the global protein crystallization & crystallography market based on technology, product & service, end-use, and region:
Technology Outlook (Revenue, USD Billion; 2018-2028)
- X-ray Crystallography
- Nuclear Magnetic Resonance (NMR)
Product and Service Outlook (Revenue, USD Billion; 2018-2028)
- Consumables
- Microplates
- 96 well-plates
- 48-well plates
- 24-well plates
- Crystal Mounts and Loops
- Reagents Kits/Screens
- Other Consumables
- Microplates
- Instruments
- Liquid Handling Instruments
- Automated
- Manual
- Crystal Imaging Instruments
- Liquid Handling Instruments
- Software & Services
End-Use Outlook (Revenue, USD Billion; 2018-2028)
- Pharmaceutical Companies
- Biotechnology Companies
- Government Institutes
- Academic Institutes
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Regional Outlook (Revenue, USD Billion; 2018-2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Rest of MEA
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Some points on how the report benefits stakeholders:
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- Revenue break-up is provided for each segment in these formats for global, regional, and for each country in the respective region for each year between 2018 and 2028.
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