The global protein engineering market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). There is a rising number of government initiatives such as funding R&D for protein engineering and awareness programs which influenced the healthcare industry. Protein engineering also holds an immense opportunity in the agrochemical industry as engineering in proteins may lead to the generation of enzymes with the improved function that may increase the crop yield or facilitate biofuel production. It is also likely to play an important role as a tool, to attain increased crop yield needed to meet future demands.
Other factors including the escalating demand for personalized medicines, growing need for biosimilars, and biologics improving healthcare infrastructure and product innovations are also creating a positive outlook for the protein engineering market. For instance, in July 2020, Cullinan Oncology, LLC announced the launch of Cullinan Amber Pioneer Next-Generation Cytokine Fusion Proteins for cancer therapy and enhancing the therapeutic aspect of immune-stimulatory cytokine combination for the treatment of cancer. In the past few years, protein engineers have successfully generated a wide range of proteins tailored to specific health, industry, medicine, research, and biotechnology applications.
Market Coverage
• The market number available for – 2022-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
? By Protein Type
? By Product
? By End-User
• Regions Covered-
? North America
? Europe
? Asia-Pacific
? Rest of the World
• Competitive Land- AB SCIEX, LLC, Agilent Technologies, Inc, Bio-Rad Laboratories, Inc, Waters Corp., GenScript Biotech Corp, Thermo Fisher Scientific Inc, General Electric Co, Eli Lilly and Co, and Novartis International AG and others
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How does COVID-19 impact the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Protein Engineering Market by Segment
By Technology
By Protein Type
By product
• Instruments
• Services and Software
• Reagents
By End-User
• Academic Research Institutes
• Pharmaceutical and Biotechnology Companies
• Contract Research Organizations (CROs)
Global Protein Engineering Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa