Global Protein Expression Market Trends, Drivers, Strategies, Size, Applications and Competitive Landscape 2024

The global protein expression market is led by the increasing funds from government and non-government organization for protein research, the soaring prevalence of chronic diseases, rising life science industry. The use of microfluidic devices in profiling protein expression provides an opportunity for the growth of the market.

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Asia-Pacific protein expression industry is expected to witness considerable growth at a high CAGR of 14.1% during the forecast period. The growth is driven by the increasing life science funding, rise in the number of chronic diseases in the region. Also, the emerging economies of the region provide immense opportunities for key players to explore the untapped market.

The market is segmented into prokaryotic expression systems; yeast expression systems; mammalian cell expression systems; insect cell expression systems; cell-free expression systems; and algal-based expression systems, on the basis of systems.

Protein expression products and services are used in therapeutics, research, and industrial applications. The market is led by the high demand for products and services for therapeutics, due to the increasing prevalence of chronic diseases.

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Some of the key players of the protein expression industry include New England Biolabs, Inc., Thermo Fisher Scientific Inc., QIAGEN N.V., Takara Bio Inc., Lonza Group Ltd., Merck KGaA, Promega Corporation, Genscript Biotech Corporation, Agilent Technologies Inc., and Bio-Rad Laboratories, Inc.

Source: VynZ Research