Press Release / Health and Fitness / Protein Engineering Market - Effect of Qualified Researchers and Mandatory Training on Protein Engineering Market Cost Process
Protein Engineering Market - Effect of Qualified Researchers and Mandatory Training on Protein Engineering Market Cost Process
By Sudhir H Malekar on December 26 2017 | 417 Views
Protein Engineering Market by Technology (Rational Protein Design, Irrational Protein Design), Product (Instrument, Services), Protein Type
The report " Protein Engineering Market by Technology (Rational Protein Design, Irrational Protein Design), Product (Instrument, Services), Protein Type (Monoclonal Antibodies, Interferon, Growth Hormone), End User (Academics Institutes, CROs) - Global Forecast to 2020 ”, The global protein engineering market is poised to reach $1,463.0 million by 2020 from $610.3 million in 2014, at a CAGR of 15.7% from 2015 to 2020.
Browse 100 market data tables and 53 figures spread through 180 pages and in-depth TOC on “Protein Engineering Market by Technology (Rational Protein Design, Irrational Protein Design), Product (Instrument, Services), Protein Type (Monoclonal Antibodies, Interferon, Growth Hormone), End User (Academics Institutes, CROs) - Global Forecast to 2020"
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Industry Insights:
Industry growth is driven by increase in adoption of protein drugs over non-protein drugs, high prevalence rate of lifestyle diseases, growth in funding for protein engineering, and reduction in overall timeline and cost for drug discovery are the major drivers of the protein engineering market.
However, expensive and high maintenance tools and instruments used in protein engineering and dearth of trained personnel are hindering the market.
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Geographical Scenario:
Based on geography, the protein engineering market is segmented into North America, Europe, Asia, and Rest of the World (RoW). North America is further segmented into U.S. and Canada. Asia is further segmented into China, Japan, India and Rest of Asia.
In 2014, North America accounted for the largest share of the protein engineering market, followed by Europe. Both markets are estimated to register double-digit growth rates over the next five years.
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Industry Leaders:
The prominent players in the Protein Engineering Market are Agilent Technologies (U.S.), AB-Sciex (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Bruker Corp. (U.S.), GE Healthcare (U.K.), Perkin Elmer (U.S.), Sigma-Aldrich Corp. (U.S.), Thermo Fisher Scientific (U.S.), and Waters Corp. (U.S).
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