The proteomics market is growing at a rate of nearly 14% with the help of government funding

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Global Proteomics Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026

The Business Research Company Global Proteomics Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026

LONDON, GREATER LONDON, United Kingdom, Feb. 4, 2022 /EINPresswire.com/ — The size of the global proteomics market is expected to grow from $23.70 billion in 2021 to $26.98 billion in 2022 at a rate compound annual growth rate (CAGR) of 13.8%. The growth of the proteomics market is primarily driven by companies resuming operations and adapting to the new normal while recovering from the impact of COVID-19, which previously led to restrictive containment measures involving the social distancing, remote working and the resulting closure of business activities. in operational challenges. The proteomics market is expected to reach $44.96 billion in 2026 with a CAGR of 13.6%.

Rising public funding for proteomics research is driving the growth of the global proteomics market. Government funds help researchers in drug discovery, disease diagnosis and treatment. For example, in 2020, IRB Barcelona’s Mass Spectrometry and Proteomics Central Platform, which is led by a research team with extensive expertise in the field, received funding from the Catalan government through through the European Regional Development Fund (ERDF) to purchase next-generation protein analysis equipment in collaboration with the Josep Carreras Leukemia Research Institute (IJC), Sant Joan de Déu Research Institute (SJD), the Institute of Oncology of Vall d’Hebron (VHIO) and UB. Therefore, the increase in public funds has a positive impact on the proteomics market.

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In January 2020, Abcam, a UK-based company specializing in the manufacture of research-grade antibodies, acquired the proteomics and immunology businesses of Expedeon for an undisclosed sum. The acquisition is expected to help Abcam improve its protein conjugation technology and create new products to support diagnostics research and development. Expedeon Ltd. is a UK-based company specializing in the development of next-generation tools for biological research, diagnostics and drug discovery.

Proteomics market trends include companies launching new products in order to increase revenue and gain a competitive advantage over competitors. For example, in June 2021, Bruker Corporation, a US-based scientific instrument manufacturing company, announced the availability of two new Trapped Ion Mobility Spectrometry (timsTOF) instruments at its 4D-Proteomics eXceed symposium. . The devices, which are based on ion mobility separation and mass spectrometry, will provide further advances in proteomics, epiproteomics/PTM characterization, and deep multiomics biomarker discovery.

Key players covered in the global proteomics market are Thermo Fisher Scientific Inc., Agilent Technologies Inc., Danaher Corporation, Merck KGaA, Waters Corporation, Perkinelmer Inc., Bio-Rad Laboratories Inc., Bruker Corporation, GE Healthcare, Caprion Biosciences, Luminex Corporation, LI-COR Inc., Becton Dickinson and Company, Siemens Ltd, Genzyme Corporation, Creative Proteomics and Promega Corporation.

The global TBRC proteomics market report is segmented by component into reagents, instruments, by instrument into protein microarrays, spectroscopy, X-ray crystallography, chromatography, electrophoresis, surface plasmon resonance, protein fractionation, by service and software in basic proteomics services, bioinformatics software and services.

Global Proteomics Market Report 2022 – By Component (Reagents, Instruments), By Instrument (Protein Arrays, Spectroscopy, X-Ray Crystallography, Chromatography, Electrophoresis, Surface Plasmon Resonance, Protein Fractionation), By Service & Software (Basic Proteomics Services, Bioinformatics Software and Services) – Global Market Size, Trends and Forecasts 2022-2026 is part of a series of new reports by The Business Research Company that provides proteomics market insights, forecasts Proteomics market size and growth for overall market, Proteomics market segments, geographies, Proteomics market trends, Proteomics market drivers, restraints, revenue, profiles and market shares of the main competitors.

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