Analyzing the Future of Protein Detection And Quantification Market Dynamics 2025-2034: Growth Rate, Trends, and Major Opportunities
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What fueled the previous growth in the protein detection and quantification market?
In the past few years, the market size for protein detection and quantification has experienced substantial growth. The market expansion is projected to continue, rising from $2.28 billion in 2024 to $2.49 billion in 2025, showcasing a compound annual growth rate (CAGR) of 9.3%. Factors such as the growing incidence of chronic diseases, the broadening scope of clinical diagnostics applications, the heightened focus on personalized medicine, and the escalating need for proteomics research have fueled growth during the historical period.
What will be the protein detection and quantification market size in the future?
The protein detection and quantification market size is expected to see strong growth in the next few years. It will grow to $3.51 billion in 2029 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to escalating demand for personalized medicine, growing applications in biotechnology and clinical diagnostics, increasing adoption of automation and robotics, and adoption of point-of-care testing. Major trends in the forecast period include integration of AI-powered platforms, collaborations and partnerships, technological developments, and research on multiplexing.
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What main drivers are fueling expansion in the protein detection and quantification market?
The surge in preference for personalized medicine is anticipated to boost the expansion of the protein detection and quantification market. This type of medicine is an approach to medical care that customizes treatments and interventions to suit each patient’s specific needs. The ascent of personalized medicine can be attributed to the swift advancement of omics technology, data integration, genetics, and the realization of the importance of patient-specific medications and preventive measures. Protein detection and quantification play pivotal roles in personalized medicine for the recognition and measurement of particular proteins that serve as indicators for customized patient care. For example, the Personalized Medicine Coalition, a professional group based in the US, reported that 12 new tailored medications were sanctioned in 2022, making up roughly 34% of all newly sanctioned treatments, a notable raise compared to previous years. Consequently, the increasing demand for personalized medicine is propelling the expansion of the protein detection and quantification market.
What key areas define the segmentation of the global protein detection and quantification market?
The protein detection and quantification market covered in this report is segmented –
1) By Products: Kits And Reagents Or Consumables, Instruments, Services
2) By Technology: Colorimetric Assays, Immunological Methods, Chromatography, Mass Spectrometry, Spectroscopy Instruments, Other Technologies
3) By Application: Drug Discovery And Development, Clinical Diagnosis, Other Applications
4) By End User: Academic Research Institutes, Biotechnology And Pharmaceutical Companies, Contract Research Organization, Other End-Users
Subsegments:
1) By Kits And Reagents Or Consumables: Protein Assay Kits, Enzyme-Linked Immunosorbent Assay (ELISA) Kits, Western Blotting Reagents, Protein Extraction Kits, Antibodies And Probes
2) By Instruments: Spectrophotometers, Microplate Readers, Mass Spectrometers, Fluorometers, Chromatography Systems
3) By Services: Protein Analysis Services, Custom Protein Assay Services, Protein Quantification Testing Services, Data Analysis And Interpretation Services
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Who are the key players steering the development of the protein detection and quantification market?
Major companies operating in the protein detection and quantification market are Roche Diagnostics, Thermo Fisher Scientific Inc., Danaher Corporation, Merck KGaA, GE HealthCare, Agilent Technologies Inc., Illumina Inc., Sartorius AG, PerkinElmer Inc., Shimadzu Corporation, Waters Corporation, Bio-Rad Laboratories Inc., Bruker Corporation, Qiagen N.V., Horiba ltd., Bio-Techne Corporation, Promega Corporation, Abcam Plc, Molecular Devices LLC, Olink Proteomics, RayBiotech Life Inc., Bio Scientific Research Laboratories
What are the key trends shaping the future of the protein detection and quantification market?
Key players in the protein detection and quantification market are focusing on the creation of innovative technologies such as protein co-detection kits in order to maintain their market standing. These kits, which are engineered to simultaneously detect multiple proteins within a sample, typically comprise a mixture of different antibodies or probes that are specific to different target proteins, along with all the required reagents and protocol instructions to conduct the detection test. In September 2022, Vizgen Inc., a biotech firm based in the US, introduced the Protein Co-detection Kit for the MERSCOPE Platform. The MERSCOPE Protein Co-detection Kit brings unprecedented ability to capture spatial gene expression and protein localization, thus facilitating an exhaustive single-cell analysis and providing more profound insights into intricate biological procedures. This kit provides researchers with a robust toolkit that aids the study of cellular heterogeneity, biomarker identification, and disease pathology, furthering the cause of precision medicine and therapeutic development.
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What regions are dominating the protein detection and quantification market growth?
North America was the largest region in the protein detection and quantification market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the protein detection and quantification market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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