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Global Protein Engineering Market By technology (Rational Protein Design, Directed Evolution, and Hybrid Approaches), By Product & Services (Instruments, Consumables, and Software & Services), By Protein Type (Insulin, Monoclonal Antibodies, Interferon, Erythropoietin, Vaccines, Growth Hormones, Coagulation Factors, and Others), By End-User (Pharmaceuticals and Biotechnology Companies, CROs and Academic & Research Institutions) and By Region (North America, Europe, Asia Pacific, South America, and the Middle East & Africa)-Global Forecast to 2027.
Description
Global Protein Engineering Market Overview:
A protein produced from the genetic engineering process means a protein that can fold correctly and do particular functions efficiently even after being subjected to engineering practices. Protein is modified through its gene or chemically. However, modification of protein through genes is easier. There is no specific limitation of Protein Engineering tools; any technique that can change the protein constituent of amino acids and result in the modification of protein structure or function is in the frame of Protein Engineering. Meanwhile, there are some common tools used to reach a specific target. Protein engineering has various applications, including biocatalyst, food, industry, environmental, medical, and nanobiotechnology. Successful combinations of various protein engineering methods had led to successful results in food industries and have created a scope to maintain the quality of the finished product after processing. Protein Engineering has invented more active industrial and pharmaceutical-based proteins to introduce new functions and change their interaction with the surrounding environment.Global Protein Engineering Market Insights
The global protein engineering market is growing at a CAGR of 15.9% during the forecast period, 2020-2027. The major elements are the growing demand for protein engineering is the development of protein therapeutics for improving health outcomes associated with the drugs. Additionally, the increasing utilization of protein engineering technology and application in healthcare, as well as R&D activities for protein-based drug development, will spur the global protein engineering industry in the future periods. Furthermore, the growing public-private funding for protein engineering activities and the easy development of medical products is expected to witness remarkable growth of the protein engineering market. Increasing incidence of chronic diseases such as cancer treatment and novel antibodies for anticancer agents are expected to propel the demand for protein engineering over the coming years. Moreover, the upsurge in demand for protein engineering for the production of nanodevice and biosensors is positively impacting the market for protein engineering in the healthcare industry. Furthermore, the application of protein engineering in disease diagnoses such as cardiovascular disorders, diabetes, and other illnesses, rise in the extensive R&D activities at the academic and industrial level, and increasing scope of protein engineering applications are fueling the demand for Protein engineering in the healthcare market across the globe.Growth Driver
Protein engineering is used as new vaccines, targeted drug delivery vectors, gene therapy, molecular imaging agents, and building blocks for electronic nanodevices or nanomaterials construction. Due to the advantages of large market surface, inexpensive & technological easy and gradual maturity of technology applications, protein engineering has attracted various enterprises to the layout. The protein engineering technology is a faster, more controlled, targeted, and more efficient technique than immobilization to optimize the properties of enzymes used in industrial applications and results in higher enzyme activity and stability. Environmental applications of enzyme and protein engineering are also another important field to remove pollutants. The ability of protein engineering to create and improve protein can produce new biomaterial for medical and engineering applications.Technology Segmental Analysis
The global protein engineering market segregated Rational Protein Design, Directed Evolution, and Hybrid Approaches based on the technology. The rational protein design segment estimated to witness the highest growth over the analysis timeframe due to the production of artificial proteins that can be applied to the treatment of illnesses such as cancer, neurological diseases, and infectious diseases, genetic engineering, research of enzyme activity in a living system, and biological warfare. The hybrid approach will grow significantly due to the involvement in the enhancement of redox proteins and enzymes. Also, it holds high importance in the development of nanodevices for biosensing and other major nanotechnology applications.Products & Services Segmental Analysis
Based on the product & services, the global protein engineering market is categorized into instruments, consumables, and software & services. The Instruments segment held for a significant market share in 2019 and will gain maximum market revenue by 2027. It is attributable to technological advancement and widespread application across the medical, pharmaceutical, and food industries. These technologies include mass spectrometry, gel electrophoresis, and computational prediction programs and facilitate efficient characterization, identification of proteomes, and determination of function, critical aspects of protein engineering. The software & service segment is poised to witness significant growth over the forecast period as it includes drug development with the reduction of overall expenditure.Protein Type Segmental Analysis
Based on the protein type, the global protein engineering market is classified into insulin, monoclonal antibodies, interferon, erythropoietin, vaccines, growth hormones, coagulation factors, etc. The Monoclonal Antibodies are expected to be the highest revenue share for protein engineering during the forecast period. The segment’s growth is primarily allocated to the growing R&D expenditure and therapeutically advanced monoclonal antibodies for robust immune response. The vaccines will witness a lucrative growth rate in the estimated period due to the increasing incidence of chronic conditions.End-User Segmental Analysis
Based on the end-user, the global protein engineering market is segmented into pharmaceuticals and biotechnology companies, CROs, and academic & research institutions. The pharmaceutical & biotechnology companies segment will dominate the global protein engineering market by 2027 due to increasing demand for drug discovery & development and protein-based drugs to treat cancer, diabetes, autoimmunity, and genetic disorders. The CROs accounted for the immense share of the protein engineering market in 2019 because of the increasing use of protein engineering in the clinical trial setting and controlled-release drugs.Region Segmental Analysis
The global protein engineering market is analyzed into North America, Europe, Asia Pacific, South America, and Middle East & Africa by geography. North America is estimated to project considerable growth over 2020-2026. It is owing to advents in technology, the presence of leading industry competitors serving innovative products, increasing healthcare expenditure. The Asia Pacific will get a prominent share of the protein engineering market by 2027. The favorable government initiatives that support research activities and the increasing trend of outsourcing by developed economies also serve as key growth impelling factors for emerging countries such as India and China.Competitor Analysis
Companies such as Abzena Ltd, Agilent Technologies Inc, Biotech Corporation, Bruker Corporation, Bio-Rad Laboratories Inc, CodexisInc, Creative Biolabs, Danaher Corporation, GenScript Biotech Corporation, Innovagen AB, New England Biolabs Inc, Promega Corporation, PerkinElmer, Waters Corporation, Takara Bio Inc, Merck KGaA and Thermo Fisher Scientific Inc are the key players in the global protein engineering market.Key Stakeholders
- Market research and consulting firms
- Industry associations
- Global Protein engineering systems & technology manufacturing firm
- Research organizations and consulting companies
- Organizations, associations, and alliances related to protein engineering
- Regulatory bodies
- Suppliers
- Retailers
The objective of the research
- Market modeling arrives with identifying a target market where historical data exists. A Market may include prediction problems, economic factors, analyzing customer behavior, and identifying new patterns from past events, which helps our client to have deep dive into the market.
- Product analysis involves examining product features, costs, availability, quality, and other aspects. Product analysis is conducted to understand potential consumers and measure competition in the market.
- Market Trend and Economic Factors Analysis helps assess potential changes to an economy’s inflation rate, taxes, interest rates, exchange rates, trading regulations, and excise duties that can or have a major effect on the target market.
- Market Segmental Analysis defines an in-depth scenario of the target market by grouping consumers into naturally existing created segments of consumers who share similar product choices or characteristics.
- The geographical mapping approach helps our consumers to understand national or international markets by their nature because different consumers in different regions have different needs, wants, and cultural characteristics that can specifically target.
Market Modelling
By Technology- Rational Protein Design
- Directed Evolution
- Hybrid Approach
- Instruments
- Consumables
- Software& Services
- Insulin
- Monoclonal Antibodies
- Interferon
- Erythropoietin
- Vaccines
- Growth Hormones
- Coagulation Factors
- Others
- Pharmaceuticals and Biotechnology Companies
- CROs
- Academic & Research Institutions
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
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Table Of Contents
Report Content
- Research Strategic Development
- Market Modelling
- Product Analysis
- Market Trend and Economic Factors Analysis
- Market Segmental Analysis
- Geographical Mapping
- Country Wise Segregation
- Research Methodology
- Identification of Target Market
- Data Acquisition
- Refining of Data/ Data Transformations
- Data Validation through Primary Techniques
- Exploratory Data Analysis
- Graphical Techniques/Analysis
- Quantitative Techniques/Analysis
- Visual Result/Presentation
- Executive Summary
- Market Insights
- Supply Chain Analysis
- Economic Factor Analysis
- Drivers
- Trends
- Opportunities
- Challenges
- Technological Landscape
- Competitors & Product Analysis
- Regulatory Framework
- Company market share analysis, 2019
- Porter’s Five forces analysis
- New Investment Analysis
- PESTEL Analysis
- Global Protein Engineering Market Overview
- Market Size & Forecast,2016-2027
- Demand
- By Value (USD Million)
- Consumption
- Demand
- Market Share & Forecast, 2016-2027
- By Technology
- Rational Protein Design
- Directed Evolution
- Hybrid Approach
- By Product & Services
- Instruments
- Consumables
- Softwares and Services
- By Protein Type
- Insulin
- Monoclonal Antibodies
- Interferon
- Erythropoietin
- Vaccines
- Growth Hormones
- Coagulation Factors
- Others
- By End-User
- Pharmaceuticals and Biotechnology Companies
- CROs
- Academic & Research Institutions
- By Region
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
- By Technology
- Market Size & Forecast,2016-2027
- North America Protein Engineering Market Overview
- North America Protein Engineering Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Consumption
- Demand
- North America Protein Engineering Market Share & Forecast,2016-2027
- By Technology
- Rational Protein Design
- Directed Evolution
- Hybrid Approach
- By Product & Services
- Instruments
- Consumables
- Softwares and Services
- By Protein Type
- Insulin
- Monoclonal Antibodies
- Interferon
- Erythropoietin
- Vaccines
- Growth Hormones
- Coagulation Factors
- Others
- By End-User
- Pharmaceuticals and Biotechnology Companies
- CROs
- Academic & Research Institutions
- By Country
- US
- Canada
- Mexico
- Price-Point Analysis
- Manufacturer & Distributor List (Top 5)
- Company Market Share (Top 3-5)
- Economic Impact Study on North America Protein Engineering Market
- By Technology
- North America Protein Engineering Market Size & Forecast, 2016-2027
- Europe Protein Engineering Market Overview
- Europe Protein Engineering Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Consumption
- Demand
- Europe Protein Engineering Market Share & Forecast,2016-2027
- By Technology
- Rational Protein Design
- Directed Evolution
- Hybrid Approach
- By Product & Services
- Instruments
- Consumables
- Softwares and Services
- By Protein Type
- Insulin
- Monoclonal Antibodies
- Interferon
- Erythropoietin
- Vaccines
- Growth Hormones
- Coagulation Factors
- Others
- By End-User
- Pharmaceuticals and Biotechnology Companies
- CROs
- Academic & Research Institutions
- By Country
- Germany
- UK
- France
- Italy
- Rest of Europe
- Price-Point Analysis
- Manufacturer & Distributor List (Top 5)
- Company Market Share (Top 3-5)
- Economic Impact Study on Europe Protein Engineering Market
- By Technology
- Europe Protein Engineering Market Size & Forecast, 2016-2027
- Asia Pacific Protein Engineering Market Overview
- Asia Pacific Protein Engineering Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Consumption
- Demand
- Asia Pacific Protein Engineering Market Share & Forecast, 2016-2027
- By Technology
- Rational Protein Design
- Directed Evolution
- Hybrid Approach
- By Product & Services
- Instruments
- Consumables
- Softwares and Services
- By Protein Type
- Insulin
- Monoclonal Antibodies
- Interferon
- Erythropoietin
- Vaccines
- Growth Hormones
- Coagulation Factors
- Others
- By End-User
- Pharmaceuticals and Biotechnology Companies
- CROs
- Academic & Research Institutions
- By Country
- China
- India
- Japan
- Australia
- Rest of Asia Pacific
- Price-Point Analysis
- Manufacturer & Distributor List (Top 5)
- Company Market Share (Top 3-5)
- Economic Impact Study on Asia Pacific Protein Engineering Market
- By Technology
- Asia Pacific Protein Engineering Market Size & Forecast, 2016-2027
- South America Protein Engineering Market Overview
- South America Protein Engineering Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Consumption
- Demand
- South America Protein Engineering Market Share & Forecast,2016-2027
- By Protein Type
- Rational Protein Design
- Directed Evolution
- Hybrid Approach
- By Product & Services
- Instruments
- Consumables
- Softwares and Services
- By Applications
- Insulin
- Monoclonal Antibodies
- Interferon
- Erythropoietin
- Vaccines
- Growth Hormones
- Coagulation Factors
- Others
- By End-User
- Pharmaceuticals and Biotechnology Companies
- CROs
- Academic & Research Institutions
- By Country
- Brazil
- Argentina
- Rest of South America
- Price-Point Analysis
- Manufacturer & Distributor List (Top 5)
- Company Market Share (Top 3-5)
- Economic Impact Study on South America Protein Engineering Market
- By Protein Type
- South America Protein Engineering Market Size & Forecast, 2016-2027
- Middle East & Africa Protein Engineering Market Overview
- Middle East & Africa Protein Engineering Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Consumption
- Demand
- Middle East & Africa Protein Engineering Market Share & Forecast, 2016-2027
- By Technology
- Rational Protein Design
- Directed Evolution
- Hybrid Approach
- By Product & Services
- Instruments
- Consumables
- Softwares and Services
- By Protein Type
- Insulin
- Monoclonal Antibodies
- Interferon
- Erythropoietin
- Vaccines
- Growth Hormones
- Coagulation Factors
- Others
- By End-User
- Pharmaceuticals and Biotechnology Companies
- CROs
- Academic & Research Institutions
- By End-User
- Maternity Centers & Fertility Clinics
- Hospitals, Diagnostic Labs, and Service Providers
- Research Laboratories & Academic Institutes
- By Country
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
- Price-Point Analysis
- Manufacturer & Distributor List (Top 5)
- Company Market Share (Top 3-5)
- Economic Impact Study on Middle East & Africa Protein Engineering Market
- Middle East & Africa Protein Engineering Market Size & Forecast, 2016-2027
- Competitor Analysis
- Company Description
- Financial Analysis
- Key Products
- Key Management Personnel
- Contact Address
- SWOT Analysis
- Company Profile
- Abzena Ltd
- Agilent Technologies Inc
- Biotech Corporation
- Bruker Corporation
- Bio-Rad Laboratories Inc
- CodexisInc
- Creative Biolabs
- Danaher Corporation
- GenScript
- Innovagen AB
- New England Biolabs Inc
- Promega Corporation
- PerkinElmer
- Waters Corporation
- Takara Bio Inc
- Merck KGaA
- Thermo Fisher Scientific Inc
Methodology
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