Top 5 Insights From The Difficult-to-Express Proteins Market Report 2024
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033
According to The Business Research Company’s Difficult-to-Express Proteins Global Market Report 2024, the difficult-to-express proteins market is expected to show promising growth in the forecast period.
- The difficult-to-express proteins market size has soared from $4.11 billion in 2023 to $4.63 billion in 2024, exhibiting a noteworthy compound annual growth rate (CAGR) of 12.6%.
- This growth can be attributed to various factors:
- Rising demand for protein therapeutics
- Challenges in drug development
- Advancements in biopharmaceuticals
- Technological limitations
- Gene editing and engineering
Anticipating Future Growth
- The market is forecasted to continue its upward trajectory, reaching $7.09 billion by 2028, with a CAGR of 11.3%.
- Factors driving this growth include:
- Development of novel expression systems
- Advancements in gene editing tools
- Enhanced protein engineering
- Integration of AI and machine learning
- Major trends expected in the forecast period:
- Innovative protein folding technologies
- Expanded use of synthetic biology
- Targeted protein modification
- Biophysical characterization advances
- Increased use of CRISPR/CAS technology
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Surging Demand For Recombinant Proteins Drives Growth In The Difficult-To-Express Protein Market
Rising Demand for Recombinant Proteins
- Recombinant proteins play a pivotal role in driving market growth.
- They are utilized in various applications such as protein synthesis, examining specific activities, and therapeutic development for complex medical conditions.
- Example: Amgen Inc.’s Prolia (Denosumab) witnessed significant growth in annual sales, indicating the rising demand for recombinant proteins.
Key Players
- Major companies in the difficult-to-express proteins market include:
- Thermo Fisher Scientific Inc.
- Merck KGaA
- Lonza Group Ltd.
- Catalent Inc.
- Sartorius AG
- And many more…
Evozyne’s Breakthrough AI Model Paves The Way For Innovation In The Difficult-To-Express Protein Market
Innovative Technologies
- Innovation is a key trend in the market.
- Companies are focusing on developing cutting-edge technologies to maintain their competitive edge.
- Example: Evozyne’s Protein Transformer Variational AutoEncoder, an AI model designed for the data-driven design of therapeutic proteins, represents a significant leap in protein engineering.
Cobepa Inc.’s Strategic Acquisition
- In March 2022, Cobepa Inc. acquired Reaction Biology Corporation, aiming to bolster its difficult-to-express protein offerings.
- This acquisition demonstrates the industry’s commitment to investing in capabilities to meet evolving market needs.
Segmentation and Regional Insights
Market Segmentation
- The difficult-to-express proteins market is segmented based on:
- Protein type
- Expression of difficult proteins
- Technology used
- Application
Regional Outlook
- North America dominated the market in 2023.
- Asia-Pacific is expected to emerge as the fastest-growing region in the forecast period.
In conclusion, the difficult-to-express proteins market is witnessing substantial growth driven by increasing demand for recombinant proteins, technological advancements, and strategic investments. With innovation at its core, the market is poised for remarkable expansion, presenting lucrative opportunities for stakeholders across the globe.
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