A recent report published by Infinium Global Research on the proteomics market provides in-depth analysis of segments and sub-segments in the global as well as regional proteomics market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional proteomics market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global proteomics market. According to the report, the global proteomics market is projected to grow at a CAGR of 14.8% over the forecast period of 2019-2025.
Proteomics detects protein expression patterns for specific stimuli at a given time. Also, proteomics determines functional protein networks that exist at the cell level, tissue, or whole organism. Companies are investing in research and development that stimulates the market share in the global proteomics market. For instance, in 2019, PerkinElmer acquired Cisbio Bioassays. Cisbio is a Life Sciences company that develops, manufactures, and markets quality kits and reagents for drug discovery.
The growing awareness regarding the benefits of personalized benefits drives the growth of the proteomics market. The rising research and development expenditure in the development of proteomics contributes to the growth of the proteomics market. The increasing applications in drug discovery stimulate the growth of the proteomics market. The rising development of personalized medicines contributes to the growth of the proteomics market. The increasing availability of proteomics instruments in developed and emerging markets promotes the growth of the proteomics market. In addition, protein targeted treatments encourage the development of precision molecular medicines for various autoimmune diseases and molecular targets in malignancies. Such benefits of the proteomics market contribute to the growth of the proteomics market. On the other side, high costs associated with proteomics components and lack of skilled professionals in proteomics hinder the growth of the proteomics market. Moreover, the development in mass spectrometry-based proteomics creates numerous opportunities for the growth of the proteomics market.
Based on geography, the global proteomics market is classified into North America, Asia-Pacific, Europe, and the Rest of the World. North America is anticipated to have a premium share in the global proteomics market. The increasing research and development investments and rising funding by different organizations drive the growth of the proteomics market. Asia-Pacific region is expected to grow in the global proteomics market with a significant CAGR over the forecast period. The increasing use of advanced technology in different areas such as drug designing, disease pathway determination, and protein analysis promotes the growth of the proteomics market. Europe is showing growth in the global proteomics market.
The report on the global proteomics market covers segments such as component and application. On the basis of component, the sub-markets include instruments, reagents, and services. On the basis of application, the sub-markets include drug discovery, disease diagnosis, and other applications.
The report provides profiles of the companies in the market such as Bruker Corporation, General Electric Company, PerkinElmer, Inc., Thermo Fisher Scientific Inc., HORIBA, Ltd., Waters Corporation, Bio-Rad Laboratories, Inc., Danaher Corporation, Agilent Technologies, Inc., Caprion Biosciences Inc., and other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of proteomics market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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