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Protein Engineering Market Size, Share, Growth, Sales Revenue and Key Drivers Analysis Research Report by 2027

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Protein Engineering Market Size, Share, Growth, Sales Revenue and Key Drivers Analysis Research Report by 2027

February 20
20:00 2021
Increasing demand for protein-based drugs and rising investments by governments for protein engineering are driving the demand of the market

The increasing acceptance of advanced technology in the healthcare and pharmaceutical industry has provided a platform for various treatments and therapies to enhance the quality of life. Protein Engineering has led to the introduction of organic medication for patients who have higher stages of protein-deficient diseases. The global protein engineering market was worth USD 2.50 Billion in 2019 and is expected to reach USD 6.17 Billion by 2027, evolving at a CAGR of 12.7%.

Key participants include Danaher Corporation, Thermo Fisher Scientific, Inc., Agilent Technologies, Inc., Waters Corporations, Bio-Rad Laboratories, Merck KGaA, Bruker Corporation, Codexis, Inc., Genscript Biotech Corporation, and GE Healthcare, among others.

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Market Drivers

The elevation in awareness regarding protein engineering in the agrochemical industry to treat crop failures by the generation of enzymes is one of the active contributors towards the advancement in the market. The enzymes generated to act as a bio-fuel to the crop and help increase the harvest. Amelioration in government investment in bio-engineering and initiatives to create awareness among people has led researchers to opt for better methods to produce cost-efficient drugs and advanced therapies. With the increase in the utilization of bioinformatics software for analyzing proteins leading to incremented productivity, the market is poised to observe significant growth over the projected period. 

  • Technology Outlook (Revenue, USD Billion; 2017-2027)
    • Directed Evolution
    • Rational Protein Design
    • Hybrid approach
  • Protein Type Outlook (Revenue, USD Billion; 2017-2027)
    • Vaccines
    • Growth Hormones
    • Monoclonal Antibodies
    • Coagulation factors
    • Interferon
    • Colony Stimulating Factors
    • Others
  • Product Class Outlook (Revenue, USD Billion; 2017-2027)
    • Software & Services
    • Instruments
    • Consumables
  • End-User Class Outlook (Revenue, USD Billion; 2017-2027)
    • Contract Research Organizations
    • Academic Research Institutes
    • Biopharmaceutical Companies

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Regional Analysis

North America was the leader in the protein engineering market with a total market share of 48.1%. It is expected to hold its position due to the rise in lifestyle-induced diseases, accessibility of advanced machinery, and escalating focus on collaborations between leading market players in the healthcare industry of the region. Asia Pacific is projected to exhibit the highest CAGR due to increasing government initiatives to implement new health care policies, public and private sector funding, and the rapidly advancing research industry.

Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Protein Engineering Market Segmentation & Impact Analysis

    4.1. Protein Engineering Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Rising investments in Synthetic biology

                    4.2.2.2. Growing adoption of protein-based drugs

          4.2.3. Market restraints analysis

                    4.2.3.1. Limited availability of qualified and skilled researchers

                    4.2.3.2. High maintenance cost of the protein engineering instruments

                    4.2.3.3. Present challenging economic conditions due to the pandemic

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Protein Engineering Market By Technology Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)

    5.1. Technology Dynamics & Market Share, 2019 & 2027

          5.1.1. Directed Evolution

          5.1.2. Rational Protein Design

          5.1.3. Hybrid approach

Chapter 6. Protein Engineering Market By Protein Type Insights & Trends Revenue (USD Million), Volume (Kilo Tons)

    6.1. Protein Type Dynamics & Market Share, 2019 & 2027

          6.1.1. Vaccines

          6.1.2. Growth Hormones

          6.1.3. Monoclonal Antibodies

          6.1.4. Coagulation factors

          6.1.5. Interferon

          6.1.6. Colony Stimulating Factors

          6.1.7. Others

Chapter 7. Protein Engineering Market By Product Insights & Trends Revenue (USD Million), Volume (Kilo Tons)

    7.1. Product Dynamics & Market Share, 2019 & 2027

          7.1.1. Software & Services

          7.1.2. Instruments

          7.1.3. Consumables

Continue…!

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