The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s proteomics market report forecasts the proteomics market size to grow to $50.79 Billion by 2027, with a CAGR (compound annual growth rate) of almost 13%.

Learn More On The Proteomics Market Report 2023 – https://www.thebusinessresearchcompany.com/report/proteomics-global-market-report

Proteomics Market Size Forecast
The global proteomics market is expected to grow from $26.98 billion in 2022 to $31.28 billion in 2023 at a compound annual growth rate (CAGR) of 15.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The proteomics market is expected to grow from $50.79 billion in 2027 at a CAGR of 12.9%.

North America held the largest proteomics market share.

Key Proteomics Market Driver ­– Rise In Government Funds For Research On Proteomics
For instance, in 2020, the IRB Barcelona’s Mass Spectrometry and Proteomics Core Facility, which is led by a research team with extensive expertise in the field, has received funding from the Catalan government through the European Regional Development Fund (ERDF) to purchase next-generation protein analysis equipment in collaboration with the Josep Carreras Leukemia Research Institute (IJC), the Sant Joan de Déu Research Institute (SJD), the Vall d’Hebron Institute of Oncology (VHIO), and the (UB). Therefore, rising government funds positively impacts the proteomics market.

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Key Proteomics Market Trend – Launching New Products
Companies are launching new products in order to increase their revenue and also gain a competitive edge over their rivals. For instance, in June 2021, Bruker Corporation, a USA-based scientific instruments manufacturing company, announced the availability of two new trapped ion mobility spectrometry time-of-flight (timsTOF) instruments at its 4D-Proteomics eXceed Symposium. The devices, which are based on ion mobility separation and mass spectrometry, will provide additional advances in proteomics, epiproteomics/PTM characterisation, and deep multiomic biomarker discovery.

Proteomics Market Segment
1) By Component: Reagents, Instruments
2) By Instrument: Protein Microarrays, Spectroscopy, X-ray Crystallography, Chromatography, Electrophoresis, Surface Plasmon Resonance, Protein Fractionation
3) By Service and Software: Core Proteomics Services, Bioinformatics Software & Services 

Proteomics Market Major Players and Strategies
Major players in the proteomics market are Thermo Fisher Scientific Inc., Agilent Technologies Inc., Danaher Corporation, Merck KGaA, Waters Corporation, Perkinelmer Inc., Bio-Rad Laboratories Inc., Bruker Corporation, GE Healthcare, Caprion Biosciences, Luminex Corporation, LI-COR Inc., Becton Dickinson and Company, Siemens Ltd., Genzyme Corporation, Creative Proteomics, and Promega Corporation.

In January 2020, Abcam, a UK-based company specialized in manufacturing research-grade antibodies, acquired Expedeon’s proteomics and immunology business for an undisclosed amount. The acquisition is expected to help Abcam enhance its protein conjugation technology and create new products to support research and diagnostic development. Expedeon Ltd. is a UK-based company that specializes in the development of next-generation tools for biological research, diagnostics, and drug discovery.

The Proteomics Global Market Report 2023 covers regional data on proteomics market size, proteomics market trends and drivers, opportunities, strategies, and proteomics market competitor analysis. The countries covered in the proteomics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Proteomics is the study of the structure and functions of proteins that are used in drug discovery, diagnosis, and treatment of diseases. Proteomics is used to evaluate the protein production rate, the involvement of proteins in metabolic pathways, and the modifications of proteins.

View More Reports Related To The Proteomics Market –
Bioinformatics Global Market Report 2023
RNA Analysis Transcriptomics Global Market Report 2023
Research Antibodies And Reagents Global Market Report 2023

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