Gene Research & Drug Discovery Boosting Proteomics Market CAGR Growth of 15% during the period 2021-2026 – Exclusive Report by Mordor Intelligence

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Gene Research & Drug Discovery Boosting Proteomics Market CAGR Growth of 15% during the period 2021-2026 – Exclusive Report by Mordor Intelligence

November 11
21:42 2021
Gene Research & Drug Discovery Boosting Proteomics Market CAGR Growth of 15% during the period 2021-2026 - Exclusive Report by Mordor Intelligence
Mordor Intelligence
The large pharmaceutical companies have proteomics-oriented biotech or academic partner or have started their own proteomics division. The general applications of proteomics in the drug industry include identification of efficacy and of toxicity biomarkers from readily accessible biological fluids, target identification, and validation, and investigations into mechanisms of drug action or toxicity.

Proteomics Market Overview

The proteomics market studied was anticipated to grow with a CAGR of nearly 15.3% during the forecast period. The factors driving the market growth include rising demand for personalized medicine, increasing R&D expenditure and government funding for proteomics, and technological advancements. These major drivers will continue to drive the biopharmaceutical industry’s pursuit of blockbuster drugs and the recent technological advances in the studies of genes and proteins. The identification of potential new drugs for the treatment of disease has been considered one of the most promising developments in the study of human genes and proteins.

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Proteomics Market – Geographical Overview

North America dominates the proteomics market and is expected to do the same in the forecast period

In North America, antibody-drug conjugates and protein therapeutics play a significant role in the treatment and diagnosis of diseases. This is a continuously evolving field with extensive research on novel and innovative next-generation therapeutics. More than a hundred modified therapeutic proteins are approved for clinical use in the region. Hundreds of protein therapeutics are in clinical trials for the treatment of cancer, immune disorders, infections, age-related diseases, and many other conditions. Besides, research on proteomics is at the highest in countries like the United States.

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Key Highlights of the Proteomics Market

  • The global proteomics market is highly competitive and consists of a number of major players. Companies like Agilent Technologies, Inc., Bio-Rad Laboratories, Inc., Bruker Corporation, Danaher Corporation, GE Healthcare, Merck KGaA, Promega Corporation, Thermo Fisher Scientific, Inc., and Waters Corporation, among others, hold a substantial share in the proteomics market.
  • In Feb 2021, Agilent Technologies Inc. launched the Agilent Dako SARS-CoV-2 IgG Enzyme-Linked Immunosorbent Assay (ELISA) kit intended for the qualitative detection of immunoglobulin G (IgG) antibodies to SARS-CoV-2 in human serum or plasma.

Related Reports and Links

List of Key Players in the Proteomics Market

  • Agilent Technologies, Inc.
  • Bio-Rad Laboratories, Inc.
  • Bruker Corporation
  • Danaher Corporation
  • GE Healthcare
  • Merck KGaA
  • Promega Corporation
  • Thermo Fisher Scientific
  • Waters Corporation

*List Not Exhaustive 

Mordor Intelligence has segmented the global proteomics market on the basis of product & service, application, and geography:

  • Product & Services (Market Size & Forecast based on Revenue (USD million), 2016-2026)
    • Instrumentation Technology
      • Spectroscopy
      • Chromatography
      • Electrophoresis
      • Protein Microarrays
      • X-Ray Crystallography
      • Other Instrumentation Technologies
      • Reagents
      • Software and Services
  • Application (Market Size & Forecast based on Revenue (USD million), 2016-2026)
    • Clinical Diagnostics
    • Drug Discovery
    • Other Applications
  • Geography (Market Size & Forecast based on Revenue (USD million), 2016-2026)
    • Asia-Pacific
      • China
      • India
      • Australia
      • Japan
      • South Korea
      • Rest of Asia-Pacific
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • United Kingdom
      • Italy
      • France
      • Spain
      • Rest of Europe
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Middle-East and Africa
      • Saudi Arabia
      • South Africa
      • Rest of Middle-East and Africa

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