Proteomics Market To Perceive Aggrandized Growth and A Striking CAGR of 14.1% By 2023 | Foretells MRFR
Proteomics Market Report arranged by Market Research Future scrutinizes the major variables controlling the development of the Proteomics market such drivers, restrictions, openings, and challenges which are determined from the Porter’s Five Powers instrument and SWOT investigation, Forecasted 2019-2023
Pune, Maharashtra – June 11, 2019 /MarketersMedia/ —
Analyzing the ascending graph of the growth, the market is climbing steadily, Market Research Future (MRFR), in its recently published study report confirms that the Global Proteomics Market will quadruple by 2023, registering a staggering double-digit CAGR over 14.1 % throughout the forecast period (2018 to 2023). In 2017, the market had accounted for a valuation of USD 23.2 BN.
Proteomics Market – Major Players
Some of the prominent players in the Global Proteomics Market are
General Electric Company
Bio-Rad Laboratories, Inc.
Danaher
Siemens Ltd.
Thermo Fisher Scientific Inc.
Agilent Technologies, Inc.
Genzyme Corporation
Biognosys AG
Bruker
Luminex Corporation
Merck KGaA
PerkinElmer Inc.
WATERS
Caprion Biosciences Inc.
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Proteomics Market – Highlights
The Global Proteomics Market is rising pervasively mainly due to the proliferating trend of personalized medicines. Proteomics is used in drug discovery and clinical diagnosis for a number of applications such as the investigation of protein expression, metabolic pathways, transcriptional & post-transcriptional studies, protein interaction in diseases, etc. Moreover, the burgeoning sectors such as healthcare and pharmaceutical escalate the market on the global platform.
Additional factors that are boosting the growth of the market include the increasing research & development activities predominantly led by the government support, rising demand for personalized medicines, and the rising number of approvals of personalized medicines. Furthermore, increasing activities of drug discovery in the rapidly proliferating pharmaceutical industry foster the growth of the market to an extent.
Proteomics Market – Segmental Analysis
For ease of understanding, the report is segmented into four key dynamics: –
By Equipment: Chromatography, X-ray Crystallography, Protein Fractionation, Mass Spectroscopy, and Protein Microarray among others.
By Services: Laboratory Services, and Data Analysis & Services among others.
By Application: Drug Discovery and Clinical Diagnosis among others.
By Regions: North America, Asia Pacific, Europe, and the Rest-of-the-World.
Proteomics Market – Regional Analysis
On the regional basis, the global market in the Americas is segmented into two major regions, i.e., North America and South America. The North American region is likely to hold the major share in the Global Proteomics Market owing to the rapid adoption of new technologies and investments in personalized medicines. According to a report published by the Personalized Medicine Coalition, the Food and Drug Administration approved a record number of 19 personalized medicines in 2017.
It is the fourth consecutive year that personalized medicines accounted for more than 20 percent of all new drug approvals. The European region is anticipated to be the second largest due to the presence of a well-developed healthcare infrastructure and rising adoption of new technologies. The Asia-Pacific region is anticipated to be the fastest growing region due to the rising proteomics research. Middle East and Africa is anticpated to hold the least Proteomics Market share.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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Source: MarketersMedia
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