Protein Expression Market Share, Industry Growth, Trend, Drivers, Challenges, Key Companies by 2028
Increasing expenditure on proteomics research, rising healthcare burden of chronic diseases, and growing demand for biologics are key factors driving market growth Market Size – USD 2.20 Billion in 2020, Market Growth – at a CAGR of 13.5%, Market Trends – Rising demand for protein therapeutics for treatment of chronic diseases The global protein expression market size is expected to reach USD 6.07 Billion by 2028 at a CAGR of 13.5%, according to a latest report by Reports and Data. Rising prevalence of chronic diseases such as cancer, diabetes, arthritis, and anemia, among others across the globe and growing demand for protein therapeutics and biologics to treat these chronic diseases are key factors driving market revenue growth. Increasing availability of funding and investment in the biotechnology sector and proteomics research has enabled expression and isolation of recombination proteins on larger scale, and this is expected to further contribute to market growth over t...