U.S (New York) – Report Ocean has recently published a comprehensive research report titled “Protein Sequencing Market” Research Report 2023-2031. This report delves deep into the market and offers valuable insights into (Key Market Trends, Emerging Technologies, Market Drivers and Challenges of the Industry, Regulatory Policies), company profiles of key players, and their strategies. With over 100+ market data tables, pie charts, graphs, and figures, this global market study is now available. The report provides a thorough evaluation of the market, (Encompassing Future Trends, Current Growth Factors, Expert Opinions, Factual Information), and industry-validated market data, with a forecast extending until 2031.
The global protein sequencing market size was valued at $ 5,399.9 million in 2018 and is expected to reach $ 9,926.7 million by 2026, registering a CAGR of 7.8% from 2019 to 2026. The Protein Sequencing Market report’s main goal is to impart industry knowledge and assist our clients in achieving organic growth in their specialized industries. For businesses and people interested in a certain industry or field, this research should be seen as a valuable source of information and guidance as it provides critical statistics on the global market status of the Market manufacturers. The primary accomplishment of this research is to provide strategic insight to businesses in this sector.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
Protein sequencing provides information regarding the amino acids that make up a protein. While performing the sequencing process, amino acids are sequentially removed from the N-terminal end of the protein strand and identified in the order they occur in the protein. Protein sequencing finds its wide applications in the field of genetic engineering, and biotherapeutics.
There are two main technologies available for protein sequencing namely Edman degradation and mass spectrometry. Edman degradation is considered as the gold standard for protein sequencing. The major factors contributing to the growth of the protein sequencing market include surge in focus on biotherapeutics development biotechnology and pharmaceutical companies in various developing and developed regions. Technological advancements in de novo peptide-sequencing methods and analytical methods, with the application of neural networks, have opened new avenues in the market. However, high cost of infrastructures and the required equipment such as mass spectrometers, hamper the market growth. On the contrary, technological advancements for the identification of isobaric residues in protein sequences are expected to create lucrative opportunities in the near future.
Some of the key players in the global protein sequencing market. Bioinformatics Solutions Inc., Charles River Laboratories, Agilent Technologies, Inc., Proteome Factory, Rapid Novor Inc., Selvita, SGS, Shimadzu Corporation, Thermo Fisher Scientific Inc., and Waters Corporation
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KEY BENEFITS FOR STAKEHOLDERS
The protein sequencing market share and analysis is based on a comprehensive analysis of key developments in the industry.
– The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the global market.
– The study provides an in-depth analysis of the market trends to elucidate the imminent investment pockets.
– The global protein sequencing market trends are studied from 2018 to 2026.
– Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided.
– Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the protein sequencing industry.
– The quantitative analysis of the global protein sequencing market from 2019 to 2026 is provided to determine the market potential.
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KEY MARKET SEGMENTS
By Product & Service – Reagents & Consumables – Instruments o Mass Spectrometry Instruments o Edman Degradation Sequencers – Analysis Product – Protein Sequencing Services
By Technology – Mass Spectrometry – Edman Degradation
By Application – Biotherapeutics – Genetic Engineering
By End User – Pharmaceutical and Biotechnological Companies – Academic Institute and Research Centre – Others
By Region – North America o U.S. o Canada o Mexico – Europe o Germany o France o UK o Italy o Rest of Europe – Asia-Pacific o Australia o Japan o India o China o Rest of Asia-Pacific – LAMEA o Brazil o Saudi Arabia o South Africa o Rest of LAMEA
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