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What is the Expected Growth Rate of the Protein Expression Market from 2024 to 2033?

The protein expression market size will increase from $3.19 billion in 2023 to $3.56 billion in 2024, reflecting a CAGR of 11.5%. This growth is driven by advancements in scientific research, biopharmaceutical development, biotechnology, drug discovery, and the overall growth of the healthcare industry.

The protein expression market is expected to reach $5.7 billion by 2028, growing at a CAGR of 12.5%. This growth is fueled by personalized medicine, biosimilars, drug repurposing, and precision agriculture. Key trends include cell-free expression systems, CRISPR-Cas9 for gene editing, and sustainable bioprocessing.

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What Key Factors Are Fueling the Growth of the Protein Expression Market?

The demand for biologics to address various genetic and chronic diseases is a key factor propelling the protein expression market. Biologics, derived from living organisms or their components such as proteins, cells, and blood, are increasingly used to treat chronic diseases like cancer and genetic disorders. According to the World Health Organization, 41 million deaths annually, or 74% of global deaths, are attributed to non-communicable diseases. The biologics market, which held over 25% of the global pharmaceutical market in 2020, is expected to grow at 14.7% from 2021 to 2023, driving demand for protein expression technologies.

What Are the Major Segments of the Protein Expression Market?

1) By Protein Expression: Yeast Expression, Mammalian Expression, Algae Expression, Insect Expression, Bacterial Expression, Cell-free Expression

2) By Product: Reagents, Competent Cells, Expression vectors, Services, Instruments

3) By Application: Therapeutic, Industrial, Research

4) By End Use: Pharmaceutical And Biotechnological Companies, Academic Research, Contract Research Organizations

What New Trends Are Transforming the Protein Expression Market?

Key players in the protein expression market are focusing on launching next-generation solutions, like the Visium CytAssist Gene and Protein Expression Assay, to increase market revenue. These solutions employ advanced technologies to enhance the speed, accuracy, and efficiency of protein expression. For example, in May 2023, 10x Genomics Inc. introduced the Visium CytAssist Gene and Protein Expression Assay, allowing researchers to study protein expression patterns in the human immune system. The Visium technique includes a morphology-first approach that enables H&E staining before any chemical treatment, facilitating 3D spatial analysis on the same tissue sample.

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Which Regions Are Driving Growth in the Protein Expression Market?

North America was the largest region in the protein expression market in 2023. Western Europe was the second largest region in the protein expression market. The regions covered in the protein expression market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Protein Expression Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the protein expression market, its market share, and analyzes key competitors along with their market positions.

The Table Of Content For The Protein Expression Market Include

1. Protein Expression Market Executive Summary

2. Protein Expression Market Segments

3. Protein Expression Market Size And Template Market Growth Rate

4. Key Protein Expression Market Trends

5. Major Protein Expression Market Drivers

……

25. Key Mergers And Acquisitions In The Protein Expression Market

26. Top Protein Expression Companies

27. Protein Expression Market Opportunities And Strategies

28. Protein Expression Market, Conclusions And Recommendations

29. Appendix

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