The global protein expression market was registered at USD 2.85 billion in 2022 and is estimated to reach USD 5.86 billion by 2030. The market is led by the increasing funds from government and non-government organization for protein research, the soaring prevalence of chronic diseases, rising life science industry. The use of microfluidic devices in profiling protein expression provides an opportunity for the growth of the market. The protein expression market is projected to grow at a CAGR of 12.8% during the forecast period (2023-2030).
Asia-Pacific protein expression industry is expected to witness considerable growth at a high CAGR of 12.8% during the forecast period. The growth is driven by the increasing life science funding, rise in the number of chronic diseases in the region. Also, the emerging economies of the region provide immense opportunities for key players to explore the untapped market.
On the basis of products and services offered in the protein expression market, the reagents held the largest share in the global market, in 2020. The large volume of reagents utilized in research activities and the large scale production of antibodies and vaccines has led to the high demand of reagents over another product category. These include expression vectors, competent cells, instruments, and services used in protein expression.
Browse Market Insight and In-depth ToC on “Global Protein Expression Market – Analysis and Forecast (2023-2030)"
The market is segmented into prokaryotic expression systems; yeast expression systems; mammalian cell expression systems; insect cell expression systems; cell-free expression systems; and algal-based expression systems, on the basis of systems. Among the available system types, the prokaryotic expression system registered to be the largest contributor, with 40.2% to the global market in 2019, due to the systems less cost over others.
Protein expression products and services are used in therapeutics, research, and industrial applications. The market is led by the high demand for products and services for therapeutics, due to the increasing prevalence of chronic diseases. On the basis of end user, the protein expression market is segmented into academic research institutes; contract research organizations; pharmaceutical and biotechnology companies; and others. The growth of the market in contract research organizations is expected to be the highest at a CAGR of 12.8% during the forecast period.
The market has witnessed the launch of product and services by manufacturers to increase their market share, for instance in June 2017, GenScript launched MonoRab, its new custom rabbit monoclonal antibody (mAb) service. The MonoRab technology uses hybridoma and early-stage monoclonal antibody sequencing for delivering custom rabbit mAbs with high specificity and affinity to address a range of applications. Some of the key players of the protein expression industry include New England Biolabs, Inc., Thermo Fisher Scientific Inc., QIAGEN N.V., Takara Bio Inc., Lonza Group Ltd., Merck KGaA, Promega Corporation, Genscript Biotech Corporation, Agilent Technologies Inc., and Bio-Rad Laboratories, Inc.
Global Protein Expression Market Coverage
Product & Services Insight and Forecast 2018-2030
Systems Insight and Forecast 2018-2030
Application Insight and Forecast 2018-2030
End User Insight and Forecast 2018-2030
Protein Expression Market by Region
Rest of the World (RoW)
About VynZ Research
VynZ Research is a global market intelligence company providing research reports, industry intelligence and business advisory services to companies and institutions across the globe. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities.
VynZ Research helps clients to make informed decisions in their businesses! We build market intelligence reports with fact-based research that includes comprehensive analysis and quantification of market drivers, dynamics, opportunities, restraints, threats, market shares and emerging trends arising across a wide range of industries. VynZ Research team is fully committed to providing the highest level of market intelligence reports that help its client in gaining competitive advantage and obtaining requisite strategic insights. We provide syndicated research reports or custom research requirements based on rigorous market studies and consulting services to our esteemed clients across the globe.
165 Broadway, 23rd Floor,
New York City, New York - 10006
United States of America