Scope of the Study
Proteomics is the large scale study of proteomes that is a set of proteins formed in a system, organism, or biological context. For instance, it may refer the proteome of a species (such as, Homo sapiens) or an organ (such as, the liver). The proteome differs from cell to cell and changes over time, it is not constant. For some extent, the proteome reflects the underlying transcriptome. Growing popularity of personalized medicines, increasing R&D expenditure coupled with technological advancements related with proteomics are the factors that drives growth of global proteomics market. Additionally, growing awareness as well as availability of proteomics instruments in both developed & emerging market impels the market growth.
The market study is being classified, by Application (Clinical Diagnostics, Drug Discovery and Other Applications) and major geographies with country level break-up. According to AMA, the Global Proteomics market is expected to see growth rate of 14.6%
Thermo Fisher Scientific, Inc. (United States), Agilent Technologies, Inc. (United States), GE Healthcare (United States), Merck KGaA (Germany), Bio-Rad Laboratories, Inc. (United States), Danaher Corporation (United States), Luminex Corporation (United States), BioResource Biotech Pvt. Ltd. (India), Bruker Corporation (United States) and Waters Corporation (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Creative Proteomics (United States), Promega Corporation (United States), PerkinElmer, Inc. (United States) and Proteome Factory AG (Germany).
Research Analyst at AMA predicts that German, Indian, and United States Players will contribute to the maximum growth of Global Proteomics market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Proteomics market by Type, Application and Region.
On the basis of application, Drug Discovery segment is dominating the market in the year 2018
On the basis of geography, the market of Proteomics 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). North America region held largest market share in the year 2018. If we see Market by Services & Software, the sub-segment i.e. Core Proteomics Services will boost the Proteomics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Reagent, the sub-segment i.e. Immunoassay Reagents will boost the Proteomics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Instrumentation Technology, the sub-segment i.e. Spectroscopy will boost the Proteomics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Pharmaceutical & Biotechnology R&D Expenditure & Government Funding for Proteomics
- Growing Demand Personalized Medicine
- Proteomics Links the Gap between Genomics and Biochemistry
Restraints
Opportunities
- Rising Prominence of Nanoproteomics, the Convergence of Nanotechnology & Proteomics
- Personalized Proteomics for Precision Health
- High Growth Opportunities in Emerging Nations
Challenges
- Data Management in Proteomics Research
Market Leaders and their expansionary development strategies
In March 2019, Thermo Fisher Scientific Inc., and Brammer Bio, viral vector contract development and manufacturing organization (CDMO) have announced that they entered into a definitive agreement under which Thermo Fisher is likely to acquire Brammer Bio for approximately USD 1.7 Billion in cash. This transaction is likely to be completed by the end of the second quarter of 2019, is subject to customary closing conditions, with regulatory approvals. After the agreement completion, Brammer Bio will become part of Thermo Fisher's pharma services business within its Laboratory Products & Services Segment.
Key Target Audience
Proteomics Instruments Manufacturers, Proteomics Service and Software Providers, Proteomics Reagents Manufacturers, Raw Materials Suppliers, Government and Research Organizations, Industry Associations, End Users and Others
Customization in the Report Available:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase