Product Code: GVR-1-68038-456-7
Protein Engineering Market Growth & Trends:
The global protein engineering market size is expected to reach USD 7.62 billion by 2030, registering a CAGR of 16.60% during the forecast period, according to a new report by Grand View Research, Inc. One of the key factors fueling the industry's growth is the rising demand for non-chemical medicinal alternatives for the treatment of chronic diseases globally. Furthermore, due to the favorable clinical outcomes connected to protein-based treatments, these therapeutics are now preferred over conventional synthesized pharmaceuticals, which is expected to accelerate market growth. The rising number of government activities, such as funding research and advancement for engineering novel therapeutics further influence the industry growth.
In addition, the market is positively impacted by improvements in healthcare infrastructure, an increase in healthcare spending, growth in the geriatric population, and an increase in investments in health-related research & development globally. Furthermore, key companies are expected to have profitable opportunities due to the growth in technological advancements in the protein engineering field. For instance, in February 2022, Tierra Biosciences unveiled the Tierra Protein Platform, an e-commerce platform that enables consumers to receive unique protein engineering products manufactured, verified, and dispatched to them in only a few clicks.
The platform offered by Tierra offers a quicker and more practical alternative to conventional approaches for finding thousands of proteins for use in R&D. The COVID-19 pandemic has boosted the industry growth due to applications of protein engineering in the production of COVID-19 vaccines and diagnostics. A bioluminescent diagnostic kit, for instance, was developed in July 2021 by scientists at the Eindhoven University of Technology in Germany. It can be utilized to determine whether an individual's immune system is producing antibodies in reaction to the coronavirus. Similarly, it is anticipated that the market will witness substantial growth during the forecast period as a result of the rising R&D efforts for engineering COVID-19 treatments.
Protein Engineering Market Report Highlights:
- The instruments product segment accounted for the highest market share in 2022. High demand for efficient and high throughput instruments for chromatographic analysis in protein engineering applications is driving the segment
- The rational protein design technology segment accounted for the largest share in 2022. Protein remodeling engineering is an emerging and important application of rational design and serves as a major factor contributing to the growth of the segment due to its highly reliable and rapid processing attributes
- The monoclonal antibodies protein type segment held the largest share in 2022. Monoclonal bodies find applications in the treatment of autoimmune disorders and with the rising prevalence of such diseases, the segment is anticipated to witness a rapid growth
- The pharmaceutical and biotechnology companies end-use segment held the largest share in 2022. Rising R&D expenditure by biotechnology and pharmaceutical firms and increasing government funding and support for engineering advanced therapies are boosting the segment growth
- North America accounted for the largest share in 2022 due to the rising use of biological medications for the treatment of chronic diseases, as well as rising funding opportunities in the region for R&D activities
Table of Contents
Chapter 1 Methodology And Scope
- 1.1 Research Methodology
- 1.2 Research Assumptions
- 1.2.1 Estimates And Forecast Timeline
- 1.3 Information Procurement
- 1.3.1 Purchased Database
- 1.3.2 Gvr's Internal Database
- 1.3.3 Secondary Sources
- 1.3.4 Primary Research
- 1.4 Information Or Data Analysis
- 1.4.1 Data Analysis Models
- 1.5 Market Formulation & Validation
Chapter 2 Executive Summary
- 2.1 Market Snapshot
- 2.2 Segment Snapshot
- 2.3 Competitive Landscape Snapshot
Chapter 3 Market Variables, Trends, & Scope
- 3.1 Parent Market Analysis
- 3.2 Market Dynamics
- 3.2.1 Market Driver Analysis
- 3.2.1.1 Increasing Adoption Of Protein-Based Drugs
- 3.2.1.2 Increasing Research & Development Activities In The Biopharmaceutical Industry
- 3.2.1.3 Growing Funding Opportunities For Protein Engineering
- 3.2.2 Market Restraint Analysis
- 3.2.2.1 High Maintenance Costs Associated With Protein Engineering Tools & Instruments
- 3.2.2.2 Limited Availability Of Qualified Researchers And Need For Advanced Training In Protein Engineering
- 3.3 Penetration & Growth Prospect Mapping
- 3.4 Protein Engineering Market - Porter's Analysis
- 3.5 Protein Engineering Market - Swot Analysis
- 3.6 Covid-19 Impact Analysis
Chapter 4 Product Business Analysis
- 4.1 Protein Engineering Market - Product Movement Analysis
- 4.2 Instruments
- 4.2.1 Global Instruments Market, 2018 - 2030 (USD Million)
- 4.3 Reagents
- 4.3.1 Global Reagents Market, 2018 - 2030 (USD Million)
- 4.4 Software & Services
- 4.4.1 Global Software & Services Market, 2018 - 2030 (USD Million)
Chapter 5 Technology Business Analysis
- 5.1 Protein Engineering Market - Technology Movement Analysis
- 5.2 Rational Protein Design
- 5.2.1 Global Rational Protein Design Market, 2018 - 2030 (USD Million)
- 5.3 Directed Evolution
- 5.3.1 Global Directed Evolution Market, 2018 - 2030 (USD Million)
- 5.4 Hybrid Approach
- 5.4.1 Global Hybrid Approach Market, 2018 - 2030 (USD Million)
- 5.5 De Novo Protein Design
- 5.5.1 Global De Novo Protein Design Market, 2018 - 2030 (USD Million)
- 5.6 Others
- 5.6.1 Global Other Technologies Market, 2018 - 2030 (USD Million)
Chapter 6 Protein Type Business Analysis
- 6.1 Protein Engineering Market - Protein Type Movement Analysis
- 6.2 Insulin
- 6.2.1 Global Insulin Market, 2018 - 2030 (USD Million)
- 6.3 Monoclonal Antiboides
- 6.3.1 Global Monoclonal Antibodies Market, 2018 - 2030 (USD Million)
- 6.4 Vaccines
- 6.4.1 Global Vaccines Market, 2018 - 2030 (USD Million)
- 6.5 Growth Factors
- 6.5.1 Global Growth Factors Market, 2018 - 2030 (USD Million)
- 6.6 Colony Stimulating Factors
- 6.6.1 Global Colony Stimulating Factors Market, 2018 - 2030 (USD Million)
- 6.7 Coagulation Factors
- 6.7.1 Global Coagulation Factors Market, 2018 - 2030 (USD Million)
- 6.8 Interferon
- 6.8.1 Global Interferon Market, 2018 - 2030 (USD Million)
- 6.9 Others
- 6.9.1 Global Other Protein Type Market, 2018 - 2030 (USD Million)
Chapter 7 End-Use Business Analysis
- 7.1 Protein Engineering Market - End-Use Movement Analysis
- 7.2 Academic Research Institutes
- 7.2.1 Global Academic Research Institutes Market, 2018 - 2030 (USD Million)
- 7.3 Contract Research Organizations
- 7.3.1 Global Contract Research Organizations Market, 2018 - 2030 (USD Million)
- 7.4 Pharmaceutical & Biotechnology Companies
- 7.4.1 Global Pharmaceutical & Biotechnology Companies Market, 2018 - 2030 (USD Million)
Chaper 08 Regional Business Analysis
- 8.1 Protein Engineering Market: Regional Movement Analysis
- 8.2 North America
- 8.2.1 Swot Analysis
- 8.2.1.1 North America Protein Engineering Market, 2018 - 2030 (USD Million)
- 8.2.2 U.S.
- 8.2.2.1 Key Country Dynamics
- 8.2.2.2 Competitive Scenario
- 8.2.2.3 Regulatory Framework
- 8.2.2.4 U.S. Protein Engineering Market, 2018 - 2030 (USD Million)
- 8.2.3 Canada
- 8.2.3.1 Key Country Dynamics
- 8.2.3.2 Competitive Scenario
- 8.2.3.3 Regulatory Framework
- 8.2.3.4 Canada Protein Engineering Market, 2018 - 2030 (USD Million)
- 8.3 Europe
- 8.3.1 Swot Analysis
- 8.3.1.1 Europe Protein Engineering Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.3.2 U.K.
- 8.3.2.1 Key Country Dynamics
- 8.3.2.2 Competitive Scenario
- 8.3.2.3 Regulatory Framework
- 8.3.2.4 U.K. Protein Engineering Market, 2018 - 2030 (USD Million)
- 8.3.3 Germany
- 8.3.3.1 Key Country Dynamics
- 8.3.3.2 Competitive Scenario
- 8.3.3.3 Regulatory Framework
- 8.3.3.4 Germany Protein Engineering Market, 2018 - 2030 (USD Million)
- 8.3.4 France
- 8.3.4.1 Key Country Dynamics
- 8.3.4.2 Competitive Scenario
- 8.3.4.3 Regulatory Framework
- 8.3.4.4 France Protein Engineering Market, 2018 - 2030 (USD Million)
- 8.3.5 Italy
- 8.3.5.1 Key Country Dynamics
- 8.3.5.2 Competitive Scenario
- 8.3.5.3 Regulatory Framework
- 8.3.5.4 Italy Protein Engineering Market, 2018 - 2030 (USD Million)
- 8.3.6 Spain
- 8.3.6.1 Key Country Dynamics
- 8.3.6.2 Competitive Scenario
- 8.2.6.3 Regulatory Framework
- 8.3.6.4 Spain Protein Engineering Market, 2018 - 2030 (USD Million)
- 8.3.7 Denmark
- 8.3.7.1 Key Country Dynamics
- 8.3.7.2 Competitive Scenario
- 8.3.7.3 Regulatory Framework
- 8.3.7.4 Denmark Protein Engineering Market, 2018 - 2030 (USD Million)
- 8.3.8 Sweden
- 8.3.8.1 Key Country Dynamics
- 8.3.8.2 Competitive Scenario
- 8.3.8.3 Regulatory Framework
- 8.3.8.4 Sweden Protein Engineering Market, 2018 - 2030 (USD Million)
- 8.3.9 Norway
- 8.3.9.1 Key Country Dynamics
- 8.3.9.2 Competitive Scenario
- 8.3.9.3 Regulatory Framework
- 8.3.9.4 Norway Protein Engineering Market, 2018 - 2030 (USD Million)
- 8.3.10 Rest Of Europe
- 8.3.10.1 Key Country Dynamics
- 8.3.10.2 Competitive Scenario
- 8.3.10.3 Regulatory Framework
- 8.3.10.4 Rest Of Europe Protein Engineering Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.4 Asia Pacific
- 8.4.1 Swot Analysis
- 8.4.1.1 Asia Pacific Protein Engineering, 2018 - 2030 (USD Million)
- 8.4.2 Japan
- 8.4.2.1 Key Country Dynamics
- 8.4.2.2 Competitive Scenario
- 8.4.2.3 Regulatory Framework
- 8.4.2.4 Japan Protein Engineering Market, 2018 - 2030 (USD Million)
- 8.4.3 China
- 8.4.3.1 Key Country Dynamics
- 8.4.3.2 Competitive Scenario
- 8.4.3.3 Regulatory Framework
- 8.4.3.4 China Protein Engineering Market, 2018 - 2030 (USD Million)
- 8.4.4 India
- 8.4.4.1 Key Country Dynamics
- 8.4.4.2 Competitive Scenario
- 8.4.4.3 Regulatory Framework
- 8.4.4.4 India Protein Engineering Market, 2018 - 2030 (USD Million)
- 8.4.5 Australia
- 8.4.5.1 Key Country Dynamics
- 8.4.5.2 Competitive Scenario
- 8.4.5.3 Regulatory Framework
- 8.4.5.4 Australia Protein Engineering Market, 2018 - 2030 (USD Million)
- 8.4.6 Thailand
- 8.4.6.1 Key Country Dynamics
- 8.4.6.2 Competitive Scenario
- 8.4.6.3 Regulatory Framework
- 8.4.6.4 Thailand Protein Engineering Market, 2018 - 2030 (USD Million)
- 8.4.7 South Korea
- 8.4.7.1 Key Country Dynamics
- 8.4.7.2 Competitive Scenario
- 8.4.7.3 Regulatory Framework
- 8.4.7.4 South Korea Protein Engineering Market, 2018 - 2030 (USD Million)
- 8.4.8 Rest Of Asia Pacific
- 8.4.8.1 Key Country Dynamics
- 8.4.8.2 Competitive Scenario
- 8.4.8.3 Regulatory Framework
- 8.4.8.4 Rest Of Asia-Pacific Protein Engineering Market, 2018 - 2030 (USD Million)
- 8.5 Latin America
- 8.5.1 Swot Analysis
- 8.5.1.1 Latin America Protein Engineering Market, 2018 - 2030 (USD Million)
- 8.5.2 Brazil
- 8.5.2.1 Key Country Dynamics
- 8.5.2.2 Competitive Scenario
- 8.5.2.3 Regulatory Framework
- 8.5.2.4 Brazil Protein Engineering Market, 2018 - 2030 (USD Million)
- 8.5.3 Mexico
- 8.5.3.1 Key Country Dynamics
- 8.5.3.2 Competitive Scenario
- 8.5.3.3 Regulatory Framework
- 8.5.3.4 Mexico Protein Engineering Market, 2018 - 2030 (USD Million)
- 8.5.4 Argentina
- 8.5.4.1 Key Country Dynamics
- 8.5.4.2 Competitive Scenario
- 8.5.4.3 Regulatory Framework
- 8.5.4.4 Argentina Protein Engineering Market, 2018 - 2030 (USD Million)
- 8.5.5 Rest Of Latam
- 8.5.5.1 Key Country Dynamics
- 8.5.5.2 Competitive Scenario
- 8.5.5.3 Regulatory Framework
- 8.5.5.4 Rest Of Latam Protein Engineering Market, 2018 - 2030 (USD Million)
- 8.6 Middle East & Africa (MEA)
- 8.6.1 Swot Analysis
- 8.6.1.1 MEA Protein Engineering Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.6.2 South Africa
- 8.6.2.1 Key Country Dynamics
- 8.6.2.2 Competitive Scenario
- 8.6.2.3 Regulatory Framework
- 8.6.2.4 South Africa Protein Engineering Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.6.3 Saudi Arabia
- 8.6.3.1 Key Country Dynamics
- 8.6.3.2 Competitive Scenario
- 8.6.3.3 Regulatory Framework
- 8.6.3.4 Saudi Arabia Protein Engineering Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.6.4 UAE
- 8.6.4.1 Key Country Dynamics
- 8.6.4.2 Competitive Scenario
- 8.6.4.3 Regulatory Framework
- 8.6.4.4 UAE Protein Engineering Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.6.5 Kuwait
- 8.6.5.1 Key Country Dynamics
- 8.6.5.2 Competitive Scenario
- 8.6.5.3 Regulatory Framework
- 8.6.5.4 Kuwait Protein Engineering Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.6.6 Rest of MEA
- 8.6.6.1 Key Country Dynamics
- 8.6.6.2 Competitive Scenario
- 8.6.6.3 Regulatory Framework
- 8.6.6.4 Rest of MEA Protein Engineering Market Estimates And Forecast, 2018 - 2030 (USD Million)
Chapter 9 Competitive Landscape
- 9.1 Participant's Overview
- 9.1.1 Agilent Technologies
- 9.1.2 Bruker Corporation
- 9.1.3 Thermo Fisher Scientific, Inc.
- 9.1.4 Perkinelmer, Inc.
- 9.1.5 Waters Corporation
- 9.1.6 Bio-Rad Laboratories
- 9.1.7 Merck Kgaa
- 9.1.8 Danaher Corporation
- 9.1.9 Genscript Biotech Corp
- 9.1.10 Amgen Inc.
- 9.2 Financial Performance
- 9.3 Participant Categorization
- 9.3.1 Market Leaders
- 9.3.1.1 Protein Engineering Market Share Analysis, 2022
- 9.3.2 Strategy Mapping
- 9.3.2.1 Expansion
- 9.3.2.2 Acquisition
- 9.3.2.3 Collaborations
- 9.3.2.4 Product/Service Launch
- 9.3.2.5 Partnerships
- 9.3.2.6 Others