Discover trends, market shifts, and competitive outlooks for the protein sequencing industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

What Is the Current and Projected Market Size of the Protein Sequencing Market Through 2034?

The market size for protein sequencing has seen a swift expansion in the past few years. The growth is projected to surge from $1.7 billion in 2024 to $1.88 billion in 2025, signaling a compound annual growth rate (CAGR) of 10.5%. This substantial increase during the historic interval can be linked to several factors such as demand in research, medical diagnostics, pharmaceutical innovation, agricultural usage, forensic examinations, discovery of biomarkers, and studies pertaining to genetic evolution.

In the upcoming years, the market size for protein sequencing is projected to expand swiftly, reaching $2.76 billion by 2029 with a compound annual growth rate (CAGR) of 10.1%. The predicted growth during this period can be tied to an assortment of factors such as the incorporation of clinical genomics, the extension of agricultural genomics, drug safety and pharmacogenomics, prenatal and neonatal screening, as well as the use of environmental DNA analysis. The forecast period is also expected to witness several emerging trends such as the escalating demand for next-generation sequencing, the multiplying applications in clinical diagnostics, and a surge in investments within the genomics research field, which extends its usage in personalized medicine.

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How Are Key Drivers in the Industry Acting as Catalysts for the Growth of the Protein Sequencing Market?

The protein sequencing market’s expansion is anticipated to be fueled by the growing prevalence of genetic diseases. These diseases arise from anomalies or mutations in an individual’s genetic makeup, primarily their DNA. Genetic ailments can develop spontaneously or be passed down genetically from parents. Protein sequencing might aid in identifying the specific genetic variants that cause illnesses, facilitating the discovery of protein biomarkers indicative of a certain disease state or physiological condition. For instance, data from the United States National Library of Medicine revealed that the total count of novel genetic tests in the United States rose from around 1000 in 2021 to 3000 in 2022. Consequently, the escalating instances of genetic diseases are propelling the advancement of the protein sequencing market.

Which Segments in the Protein Sequencing Offer the Most Growth?

The protein sequencing market covered in this report is segmented –

1) By Product And Service: Protein Sequencing Products, Protein Sequencing Services

2) By Application: Bio-Therapeutics, Genetic Engineering, Other Applications

3) By End User 3: Pharmaceutical And Biotechnology Companies, Other End-Users

Subsegments:

1) By Protein Sequencing Products: Sequencing Kits, Reagents, Instruments, Consumables

2) By Protein Sequencing Services: Custom Protein Sequencing, Analytical Protein Sequencing, Bioinformatics Services, Proteomics Services

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What Are the Fastest-Growing Geographies in the Protein Sequencing Market?

North America was the largest region in the protein sequencing market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the protein sequencing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Are the Current Market Growth and Trends in the Protein Sequencing Industry?

Key players in the protein sequencing market are striving for a competitive advantage by creating cutting-edge technology products, such as improved sequencing kits. These kits encompass essential reagents, chemicals, and materials necessary for sample preparation and conducting sequencing experiments. For example, Quantum-Si, a protein sequencing business based in the US, introduced Protein Sequencing Kit V2 in February 2024. This upgrade to their Platinum protein sequencing platform improves the sequencing performance by incorporating new assay upgrades, such as a new amino acid recognizer and the use of advanced analytical and inference tools to identify unrecognized proteins. These enhancements ensure improved sequencing performance, the detection of unidentified proteins, high consistency, and a significant reduction in the cost per amino acid by as much as three times.

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What Are the Key Elements That Define the Protein Sequencing Market?

Protein sequencing refers to the process of determining the precise order of amino acids within a protein or peptide. This technique is used to determine the precise order of amino acids within a protein molecule, which is crucial for understanding its structure and function in biomedical research

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