The global protein expression market size is expected to reach USD 7.90 billion by 2030, according to a new study by Polaris Market Research. The report “Protein Expression Market Share, Size, Trends, Industry Analysis Report, By Application (Therapeutic, Industrial, Research); By Product; By Expression System; By End- Use; By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The increasing prevalence of chronic disorders, rising demand for protein biologics, and surge in healthcare expenditure worldwide are the prominent factors attributed to the market’s growth. Furthermore, the rise in R&D activities by the pharmaceutical industry in emerging regions and the expansion in the field of proteomics create opportunities for the market.
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Increased geriatric population and age-related problems are also responsible for stimulating the market. Furthermore, growing demand for biologicals as well as genetic engineering in the pharmaceutical industry and medical science fuels the growth of the market.
The market benefited from the Covid-19 impact as it played a significant role in therapeutics. The proper understanding of protein interaction with the virus was detected during the initial stage of Covid.
Protein Expression Market Report Highlights
Polaris Market Research has segmented the protein expression market report based on expression system, product, application, end-use, and region:
Protein Expression, Expression System Outlook (Revenue - USD Billion, 2018 - 2030)
Protein Expression, Product Outlook (Revenue - USD Billion, 2018 - 2030)
Protein Expression, Application Outlook (Revenue - USD Billion, 2018 - 2030)
Protein Expression, End-Use Outlook (Revenue - USD Billion, 2018 - 2030)
Protein Expression, Regional Outlook (Revenue - USD Billion, 2018 - 2030)