The 2023 report on the “Protein Sequencing Market” presents a thorough and accurate examination of different factors pertaining to business expansion prospects, challenges, risk elements, and trends in all geographical regions. This report delivers current information on the most recent technological developments, along with SWOT and PESTLE analysis, and valuable insights on market size.
Global Protein Sequencing Market is valued at approximately USD $ billion in 2021 and is anticipated to grow with a healthy growth rate of more than $ over the forecast period 2022-2028. The sequence of a protein is usually notated as a string of letters, according to the order of the amino acids from the amino-terminal to the carboxyl-terminal of the protein. Either a single or three-letter code may be used to represent each amino acid in the sequence. Growing investment in pharma and biotechnology sector, increasing focus on target-based drug development has led to the adoption of Protein Sequencing across the forecast period. For Instance: As per the IBEF the pharmaceutical industry in India offers 60,000 generic brands across 60 therapeutic categories. The API industry is the world’s third-largest, and it has 57% of APIs on the WHO.
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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.
Incentives worth INR 21,940 Crore ($3 Mn) are approved for the Indian pharmaceuticals market. Also, with the technological advancements, the adoption & demand for Protein Sequencing is likely to increase the market growth during the forecast period. However, high infrastructure costs impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the Global Protein Sequencing Market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading region across the world in terms of market share owing to growth in the protein sequencing services segment and the launch of technologically advanced instruments. Whereas, North-America is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Factors such as increasing R&D expenditure by major pharmaceutical and biotechnology companies in the region are responsible for lucrative growth prospects for the Protein Sequencing market across North America region.
Major market players included in this report are:
Waters
Thermo Fisher Scientific
Shimadzu Corporation
Agilent Technologies
SGS S.A.
Rapid Novor
Charles River Laboratories
Bioinformatics Solutions
Proteome Factory
Selvita
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.
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Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Biotherapeutics
Genetic Engineering
Other Applications
By Technology:
Edman Degradation
Mass Spectrometry
By End-Use:
Academic Institutes & Research Centers
Pharmaceutical & Biotechnology Companies
Others
By Region:
North America
U.S.
Canada
Europe
UK
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Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Which elements of this study are relevant to market analysis?
- The research offers a thorough analysis of market trends, along with details on regional usage and consumption.
- The growth rates of each area, including their respective nations, are included in market reports for the upcoming years.
- How are the major market players rated?
- A thorough study of the market’s top rivals is provided in this report.
- The study contains details about the major market vendors.
- Each company’s profile, revenue sources, and items produced are all covered in detail in the study.
- Along with the opinions of the top market participants, the study includes data and information about rival companies.
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