The
global Proteomics Market size is expected to reach over
USD 24.8 billion by 2024 according to a new report by Grand View Research, Inc.
The introduction of technology-enabled proteomics products is one of the
high-impact rendering drivers for the market growth. These products find
extensive applications in drug discovery, diagnostic services, and many other
research areas. The increasing market penetration of these technologies, such
as ESI-LC-MS (electrospray ionization liquid chromatography mass spectrometry),
is expected to serve as a driver of this market.
Proteomics
has become a powerful tool for treating various diseases such as diabetes,
fatty liver, obesity, and deadly cancers. It is difficult to cure these
diseases as body responses vary from person to person; to overcome this
problem, researcher from Ecole Polytechnique Fédérale de Lausanne and ETH
Zurich in Switzerland developed method to define metabolic differences between
individuals. This is expected to drive the demand for proteomics over the
forecast period.
The
presence of organizations such as the Human Proteome Organization promotes the
development of new techniques, technologies, and training pertaining to the
field of proteomics. This is expected to propel the market growth over the
forecast period.
Browse
Details of Report @
http://www.grandviewresearch.com/industry-analysis/proteomics-market
http://www.grandviewresearch.com/industry-analysis/proteomics-market
Further
Key Findings From the Study Suggest:
- The reagents segment
dominated the product segment in 2015 and is expected to witness a
lucrative growth with a CAGR of over 8.5%. Extensive usage of reagents for
R&D activities and the introduction of novel biomarker-specific kits,
such as Pro2PSA biomarker for prostate cancer and CA27.29biomarkers for
breast cancer, are the factors responsible for its large market share.
- The instruments segment is
anticipated to show a significant growth over the forecast period. The
major factor responsible for the growth is the rising demand for
user-friendly, cost-effective, rapid, and accurate devices
- In 2014, the protein
microarray segment occupied over45% of the market share of the proteomics
market, owing to the high usage rates of this technology. Microarray
technology has the ability to track the protein interactions and performs
chromatography and 2-Delectrophoresis in a comparatively lesser time.
- The spectroscopy segment
is one of the fastest growing segments of this market. The introduction of
novel technologies such as Orbitrap Mass spectroscopy and the increasing
demand for rapid and accurate devices for complete analysis of proteins
are the factors responsible for its fastest growth.
- North America held the
largest share of over 40% in 2015. The presence of favorable government
initiatives and the growing adoption of personalized medicines are the key
factors that can be attributed to the major revenue share in the market.
- Asia Pacific is expected
to be the fastest growing with a share of over 12% in 2015.The growing
prevalence of chronic diseases in the developing countries is a key factor
responsible for the fastest growth in Asia Pacific.
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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