Protein Expression Market Segments and Key Trends 2015-2025 FMI | Page 4

Report
Description
Report Description
The protein expression market, thus, can be classified into four major segments, namely,
competent cells, expression vectors, instruments and reagents. This market can also be
classified into three segments on the basis of its applications such as, industrial, research
and therapeutic proteins. On the basis of its end-users, the protein expression market
can also be classified into four segments, namely, academic research, contract research
organizations, pharmaceutical and biotechnology companies.
Major driving factors for the growth of this market include, rising biologics market and
corresponding research activities, increasing demand from proteomics market, in turn
will benefit this market, and others. Sales drop in the pharmaceutical industry due to
current patent expiries of major drugs, have induced intense research and development
of novel pharmaceuticals in various categories will demand more proteins from this
market, hence will contribute towards the growth of this market. The expanding biologics
and proteomics market will increase the demand for more pure forms of proteins from
fields such as biotechnology, drug researches etc. These demands will boost the overall
protein expression market in the coming future. However, cost and expense cuttings in
various R&D activities in the fields of biotechnology and pharmaceutical industry as well
as market consolidation of high degree are some restraining factors for this market.
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