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 the forecast period.

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Key companies operating in the market include:

Agilent Technologies, Inc., Thermo Fisher Scientific Inc., Bio-Rad Laboratories, Inc., Merck KGaA, Promega Corporation, New England Biolabs, Qiagen, Takara Bio, Inc., Genscript Biotech Corporation, Oxford Expression Technologies Ltd., and Synthetic Genomics Inc., among others.

Protein expression and purification are crucial in biotechnology and biochemistry research. Protein expression majorly refers to methods of protein synthesis, modification, and regulation in living organisms. The term also covers the object of study or laboratory techniques that are used to manufacture proteins. Protein production or expression is achieved by manipulation of gene expression in an organism in a way that enables expression of large amounts of recombinant genes. Protein expression systems or production systems are widely used in life sciences, biotechnology, and medicine. Increasing adoption of microfluidics to enhance protein expression experiments while simultaneously reducing costs, time, and labor and improving accuracy and performance is also expected to contribute to revenue growth of the market over the forecast period.

Some Key Highlights From the Report:

• Prokaryotic expression systems segment accounted for largest revenue share in 2020 and is expected to register significant revenue growth over the forecast period. Growth can be attributed to increasing application scope of prokaryotic expression systems, high production capacity and minimal production costs.
• Reagents segment is expected to register considerable revenue growth over the forecast period owing to increasing use and demand for reagents and materials for research studies and manufacturing of biopharmaceuticals such as insulin, vaccines, and therapeutic antibodies, among others.
• Therapeutic segment is expected to register a rapid CAGR over the forecast period owing to increasing application of protein expression to develop biologics, rising use of protein therapeutics to treat chronic diseases, and increasing global demand for biologics.
• Pharmaceutical and biotechnology companies segment accounted for largest market share in the global market in terms of revenue in 2020 and is expected to register considerable revenue share in the global market over the forecast period. Growth can be attributed to increasing investment in biopharmaceutical R&D, growing demand for protein therapeutics, and rising funding for drug designing and development.
• North America is expected to account for largest share in the global market over the forecast period owing to presence of advanced healthcare infrastructure, rising burden of chronic diseases such as cancer, diabetes, and arthritis, among others, and robust presence of key market players in the region.

The report covers an extensive analysis of the key market players in the market along with their business overview, expansion plans, and strategies. The report also focuses on recent strategic alliances in the market including mergers and acquisitions, joint ventures, partnerships, agreements, corporate and government deals, product launches, and brand promotions, among others.

Expression System Outlook (Revenue, USD Billion; 2018-2028)

• Prokaryotic Expression Systems
  • Escherichia coli Systems
  • Others
• Mammalian Expression Systems
• Yeast Cell Expression Systems
  • Kluyveromyces Lactis Systems
  • Saccharomyces Systems
  • Pichia Systems
  • Other Systems
• Insect Cell Expression Systems
  • Baculovirus Expression Systems
  • Other Systems
• Cell-free Expression Systems
• Others

Product Outlook (Revenue, USD Billion; 2018-2028)

• Reagents
• Competent Cells
• Instruments
• Services

Application Outlook (Revenue, USD Billion; 2018-2028)

• Therapeutic
• Research
• Industrial

End-use Industry Outlook (Revenue, USD Billion; 2018-2028)

• Academic & Research Institutes
• Pharmaceutical & Biotechnology Companies
• CROs
• Others

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The report aims to provide a better understanding of the market dynamics and the workings of the industry on a global level. To gain a deeper understanding of the industry, the global Protein Expression market is further segmented on the basis of key geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The report also offers a country-wise analysis to provide crucial insights into market size, market growth, market revenue growth, and economic growth in each region.

The regional analysis covers:

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • Italy
  • France
  • BENELUX
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Rest of LATAM
• Middle East & Africa
  • Saudi Arabia
  • A.E.
  • South Africa
  • Rest of MEA

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Benefits of Protein Expression Market Report:

• Panoramic overview of the opportunities and risks in the Protein Expression sector
• Study of recent innovations and developments in the industry
• Comprehensive study of the growth pattern of the Protein Expression industry
• In-depth assessment of the competitive landscape of the key players of the Protein Expression industry
• Analysis of the Protein Expression market drivers, constraints, and opportunities
• Assessment of technological developments and latest trends of the industry

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