What is Yeast Expression Vector Market?
The expression vector is usually a plasmid or virus designed for gene expression in cells. This is a basic tool in biotechnology for the production of proteins. The yeast expression vector is a useful system for the expression of milligram-to-gram quantities of protein for both basic research and industrial manufacturing. It has various properties most likely to increase expression.
The market study is being classified by Type (K. Lactis Expression Vectors, Pichia Pastoris Expression Vectors, Saccharomyces Cerevisiae Expression Vectors and Others), by Application (Therapeutic, Research and Industrial) and major geographies with country level break-up.
Thermo Fisher Scientific, Inc. (United States), Promega Corporation (United States), Sigma-Aldrich Corporation (United States), Agilent Technologies (United States), Bio-Rad Laboratories (United States), New England Biolabs (United States), Merck Millipore (United States), QIAGEN (Netherlands), Clontech Laboratories, Inc. (United States), ATUM (United States) and GenScript USA Inc. (United States) are some of the key players profiled in the study.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Yeast Expression Vector market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Yeast Expression Vector market by Type, Application and Region.
On the basis of geography, the market of Yeast Expression Vector has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- High Demand for Protein-Based Drugs
- Increased Government Funding for Research and Development Activities
Market Trend
- Increased Incidence Rate of Oncology Diseases that can be Treated by Use of Expression Vectors
Restraints
- High Cost of Protein Therapy
Opportunities
- Increasing Novel Product Development of Protein Expression
- Development of New Markets in Developing Regions
Challenges
- Stringent Government Rules and Regulations
In March 2020, Thermo Fisher Scientific Inc., the world leader in serving science, and QIAGEN N.V., a leading global provider of molecular diagnostics and sample preparation technologies, has announced that their boards of directors, as well as the managing board of QIAGEN N.V., have unanimously approved Thermo Fisher’s proposal to acquire QIAGEN.
Key Target Audience
Yeast Expression Vector Manufacturers, Raw Material Suppliers, Distributors and End-users