The increasing number of research and development activities on personalized medicine by various biotechnology companies is likely to aid in expansion of the global proteomics market during the forecast period, 2020 - 2030.
The increasing number of research and development activities on personalized medicine by various biotechnology companies is likely to aid in expansion of the global proteomics market during the forecast period, 2020 - 2030. Proteomics is a section of biotechnology that uses molecular biotechnology, genetics, biochemistry, and molecular biology in order to analyze the properties, functions, and structure of the proteins that are produced by the genes of a specific organism, tissue, or cell. The information gathered is further organized in the form of databases and may be used for clinical research and medicinal production.
The global proteomics market is classified on the basis of instrument technology, reagent, software & service, application, end user, and geography. In terms of instrumentation technology, the market is grouped into x-ray crystallography, surface plasmon resonance, spectroscopy, electrophoresis, chromatography, protein microarrays, and protein fractionation. Based on reagent, the market is classified into immunoassay, spectroscopy, chromatography, protein microarray, x-ray crystallography, electrophoresis, and protein fractionation reagents. The software and service segment is bifurcated into bioinformatics software & services, and core proteomics services. In terms of application, the market is trifurcated into clinical diagnostics, drug discovery, and other applications. As per the categorization by end user, the market is classified into academic research laboratories, pharmaceutical companies, clinical laboratories, hospitals, and others.
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The report offers insights into the market emphasizing on the growth drivers, restraints, challenges, and upcoming growth opportunities. In addition, the report also discusses the impact of the COVID19 pandemic on this market and what strategies will be adopted by manufacturers of this market to gain a competitive edge in the coming years. The report further throws light on the table of segmentation and mentions the names of the leading segment with its attributed factors.
Proteomics Market: Nature of Competition
Makers of the worldwide proteomics market are altogether focusing in on new improvement as higher efficiency achieved through new private turn of events. The extending revenue for energy-powerful things, particularly in the new private improvement will maintain the overall market point of view. Market significant parts being developed territory are underscoring on giving improved things to advancement practices by the progression of the establishment. The growing additional money close by progressing examples of the utilization of eco-obliging plans will help business advancement. The availability of customization as indicated by customer necessities will furthermore raise industry interest.
Significant players of the global proteomics market include:
- Agilent Technologies Inc.,
- Bruker Corporation
- Thermo Fisher Scientific Inc.
- Danaher Corporation
- GE Healthcare
- QIAGEN Bioinformatics
- Promga Corporation
- Biomax Informatics AG
- VProteomics
- Others
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Proteomics Market: Drivers and Restraints
Various factors are responsible for the growth of the global proteomics market. These include the rising prevalence of cancer, and various genetic disorders. Few critical revelations were made in the field of life sciences, fulfillment of the sequencing of the human genome being one of them. The following critical biomedicine achievement was the portrayal of human protein, which is a moderately new and very powerful part of science zeroed in on the assessment of quality articulation at the proteome level. With restricted examination acted in proteomics to date, current proteomics is restricted to manage a few issues like protein distinguishing proof, evaluation, and portrayal of post-translational alteration, construction and capacity clarification, and depiction of potential communications. Nonetheless, with expanding research endeavors, both money related and specialized, the field of proteomics is relied upon to consolidate innovations that can be applied to serum and tissue tests to extricate significant organic data as biomarkers to help clinicians and researchers in understanding the powerful science of their arrangement of premium, like patients with malignant growth.
Proteomics Market: Regional Analysis
Regionwise, North America is currently dominating the market on account of the rise in investments on structure-based drug design coupled with intense research on data reproducibility. This, coupled with the growing focus on the development of personalized medicine will also help this region continue dominating the market in the coming years.
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