The global protein expression market was registered at USD 1.9 billion in 2018 and is estimated to reach USD 3.7 billion by 2024. 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.
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Asia-Pacific protein expression industry is expected to witness considerable growth at a high CAGR of 14.1% 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.
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 2014-2024
Expression vectors
Reagents
Competent cells
Instruments
Services
Systems Insight and Forecast 2014-2024
Prokaryotic expression systems
E. coli systems
Others
Yeast expression systems
Saccharomyces systems
K. Lactis systems
Pichia systems
Others
Mammalian cell expression systems
Chinese hamster ovary system
Others
Cell-free expression systems
Algal-based expression systems
Insect cell expression systems
Baculovirus systems
Others
Application Insight and Forecast 2014-2024
Therapeutics
Research
Industrial
End User Insight and Forecast 2014-2024
Academic research institutes
Contract research organizations
Pharmaceutical and biotechnology companies
Others
Geographical Segmentation
Protein Expression Market by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World (RoW)
Brazil
Mexico
South Africa
Other countries
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