Overview and Scope
Protein characterization and identification is a part of recombinant protein expression for identifying and characterizing final protein products. It includes analytical methods and techniques for manufacturing and developing high-quality protein products.
Sizing and Forecast
The protein characterization and identification market size has grown rapidly in recent years. It will grow from $16.89 billion in 2023 to $19.41 billion in 2024 at a compound annual growth rate (CAGR) of 14.9%. The growth in the historic period can be attributed to growth in proteomics research, focus on disease mechanisms, bioinformatics integration, protein structure determination, genomics to proteomics transition..
The protein characterization and identification market size is expected to see rapid growth in the next few years. It will grow to $34.41 billion in 2028 at a compound annual growth rate (CAGR) of 15.4%. The growth in the forecast period can be attributed to demand for bioinformatics solutions, rise in biopharmaceuticals, precision medicine growth, increased research funding, biomedical research expansion.. Major trends in the forecast period include mass spectrometry advancements, proteomics in drug development, advancements in chromatography, automation and high-throughput methods, bioinformatics integration..
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Segmentation & Regional Insights
The protein characterization and identification market covered in this report is segmented –
1) By Product Type: Consumables, Instruments, Services
2) By Application: Drug Discovery And Development, Clinical Diagnosis
3) By End User: Pharmaceutical And Biotechnology Companies, Academic Research Institutions, Contract Research Organizations, Other End Users
Top 5 Major Players:
- Agilent Technologies Inc.,
- Bio-Rad Laboratories Inc.,
- Bruker Corporation,
- Danaher Corporation,
- General Electric Company
North America was the largest region in the protein characterization and identification market in 2023. The regions covered in the protein characterization and identification market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increasing drug development activities are driving the protein characterization and identification market. The process of introducing a novel therapeutic molecule into clinical use is known as drug development. It is necessary to determine exact protein quantities when developing a biopharmaceutical drug and other research projects, that is possible through protein characterization and identification. The protein content must be measured with the highest accuracy and precision because it is fundamental for determining the drug product’s dose and quantifying most other critical quality attributes. For instance, according to a 2021 report published by the IQVIA Institute for Human Data Science, a US-based organization specializing in advancing human health, 66 new active substances (NAS) were launched for the first time globally in 2020. 40% of NASs were developed and introduced by emerging biopharma businesses in 2020. Therefore, the increasing drug development activities propel the protein characterization and identification market.
Key Industry Players
Major companies operating in the protein characterization and identification market are focused on introducing innovative tools for protein characterization and identification, such as mass spectrometers, to gain a competitive edge in the market. A mass spectrometer is an analytical instrument used to measure the mass-to-charge ratio (m/z) of ions. It is used in various fields and applications, including protein identification, drug testing and discovery, food contamination detection, and many more. For instance, in June 2023, Bruker Corporation, a US-based manufacturer of scientific instruments for molecular and materials research, launched timsTOF Ultra Mass Spectrometer with Transformative Sensitivity, 300 Hz PASEF MS/MS, and VistaScan for Enhanced dia-PASEF 4D-Proteomics. The timsTOF Ultra is a mass spectrometer that incorporates a new Captive Spray Ionization (CSI) Ultra ion source with larger capillary and optimized vortex gas flow. It is majorly used for protein characterization and identification. New CSI Ultra ion source with vortex flow enhances ion formation across nanoLC (50 nL-5000 nL/min) gradients, leading to dramatic sensitivity increases. VistaScan software supports novel midia-PASEF scan for dda-like MS/MS traceability with dia-sensitivity for ‘high fidelity’ 4D-Proteomics. The timsTOF Ultra can identify over 55K peptides that map into 5000 protein groups at the single-cell level of 0.125 ng protein loading, at 1% FDR, and over 4800 protein groups quantified at CVs of <20%.
The protein characterization and identification market report table of contents includes:
1. Executive Summary
2. Protein Characterization And Identification Market Characteristics
3. Protein Characterization And Identification Market Trends And Strategies
4. Protein Characterization And Identification Market – Macro Economic Scenario
5. Global Protein Characterization And Identification Market Size and Growth
….
31. Global Protein Characterization And Identification Market Competitive Benchmarking
32. Global Protein Characterization And Identification Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Protein Characterization And Identification Market
34. Protein Characterization And Identification Market Future Outlook and Potential Analysis
35. Appendix
List of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Protein Characterization And Identification Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Protein Characterization And Identification Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Protein Characterization And Identification Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
…
Table 74: Agilent Technologies Inc. Financial Performance
Table 75: Bio-Rad Laboratories Inc. Financial Performance
Table 76: Bruker Corporation Financial Performance
Table 77: Danaher Corporation Financial Performance
Table 78: General Electric Company Financial Performance
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