Global Protein Analysis Market is Estimated to Reach $20 Billion by 2025, Says Accurize Market Research
Global Protein Analysis Market report published by Accurize Market Research forecast that the global market is expected to reach $20 billion by 2025; growing at a CAGR of 10.5% from 2017 to 2025. By geography, Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
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Increase in the number of clinical trials for testing future treatment possibilities of cord blood, rising awareness about the life-saving power of umbilical cord blood protein analysis to drive the global market
Rising demand and Food and Drug Administration (FDA) approvals of personalized medicines due to their numerous health benefits fuels the growth of the global protein analysis market. Moreover, rising elderly population and an growth in lifestyle mightalso provide growth opportunities.
Market Segmentation
The global protein analysis market is split into end use, instrumentation/reagent technology, type of disease/diagnostic, type of service and industry application, and geography. End use is segmented into drug discovery and R&D, clinical diagnosis, and others.Instrumentation/reagent technology is further divided into mass spectrometry, biochips, chromatography, microscalethermophoresis, NMR spectroscopy, electrophoresis, and others. Type of disease/diagnosticis segmented intocancer, infectious diseases, diabetes, neurological disorders, cardiovascular diseases, autoimmune diseases, and prenatal testing. Type of service and industry application is further divided into quantitative services, laboratory services, breakdown by application industry, market breakdown by service, and market breakdown by industry.
North America, Europe, Asia-Pacific and rest of the world (RoW) are the geographical segments of the market.
Top players in the market
Major companies operating in the market include DuPont, Kewpie Egg Corporation, Mead Johnson, Scoular, ADM Inc., Cargill Inc., BurconNutraScience, Tessenderlo, Bunge Limited, and CHS Inc. among others.
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