Overview

Protein Sequencing Market Introduction

Global protein sequencing market is estimated to value over USD 1.3 billion by 2027 end and register a CAGR of above 3% during the forecast period 2020-2027.
The increasing focus from pharmaceutical biotechnology companies towards target-based drug development is expanding the market growth. Advancements in analytical techniques and clinical mass spectrometry are also stimulating market growth. Besides, increasing financial support from public and private organizations for proteomics coupled with technological evolution for the identification of isobaric remnants in protein sequences are positively influencing the market as well.

Market Overview:
The protein sequencing market is bifurcated into product & service, technology, application, end-user, and region. In terms of product & service, protein sequencing services are expected to be the front runner of the market. An increasing number of sequencing procedures alongside technological advancements remains the key factor driving the demand for protein sequencing products. Reagents and consumables are also expected to show notable growth owing to the rise in the number of sequencing procedures and advancements in protein sequencing technology.
Based on technology, mass spectrometry is expected to witness high growth owing to its benefits such as identification of modified proteins and cost-efficiency. Prominent players aiming towards the launch of technologically advanced spectrometry instruments are expanding the protein sequencing market size significantly. 
In terms of application, biotherapeutics is expected to control the market growth owing to rising antibiotic resistance of microbes and increasing demand for targeted drug therapy. Technological advancements alongside the benefits of protein sequencing-based methods for drug development processes are positively influencing the market as well.

Academic institutes and research centers segment are expected to control the growth of the market. Academic institutes and research centres receive hefty funding from public and private organizations for proteomic research. They provide various protein sequencing services such as Edman degradation and mass spectrometry. It also overcomes the problem of budget constraints and a lack of infrastructure. Owing to these features there has been a soaring growth of academic institutes and research centres thus propelling the market.

Based on the region, North America is the global leader of the market. Increasing expenditure and research of major biotechnology and pharmaceutical companies is driving the market growth in the region. The rising focus towards structure-based drug design alongside an increase in proteomic research is boosting the presence of the market in the region. The development of protein sequencing data analysis solutions is stimulating the growth of the market in the region.
 
Major players of the market are SGS S.A, Thermo Fisher Scientific, Shimadzu, Agilent Technologies, Selvita, Charles River Laboratories, Waters Corporation, and Rapid Novor.
 
Competitive Landscape: 
· Thermo Fisher Scientific is one of the biggest players in the market and through product innovation and technological innovation bolstered the market. The company launched mass spectrometry platforms like Orbitrap, Fusion Lumos Tribrid Mass Spectrum. The product launches helped the company's growth in consumables as well
· Shimadzu in 2018, launched Quadrupole time-of-flight (Q-TOF) LCMS-9030 System
· SGS S.A acquired Vanguard Sciences Inc in 2018. The acquisition helped SGS S.A to enhance its protein sequencing offering for the safety of food
· Charles River Laboratories in a bid to support the development and characterization of biosimilars and biologics opened its Biologics Testing Facility Solutions facility in Pennsylvania, US

Market Segmentation: 
By Product & Service
●     Sample Preparation Products & Services
●     Protein Sequencing Products
▪      Reagents & Consumables
▪      Instruments
▪      Analysis Products/Software
●     Protein Sequencing Services
By Technology
●     Edman Degradation
●     Mass Spectrometry
By Application
●     Biotherapeutics
●     Genetic Engineering
●     Other Applications
By End User
●     Academic Institutes & Research Centers
●     Pharmaceutical & Biotechnology Companies
●     Other End Users
By Region
●     North America
●     Europe
●     Asia Pacific
●     Latin America
●     Rest of the World

FutureWise Key Takeaways:
●  Growth Prospects
●  SWOT Analysis
●  Key Trends
●  Key data-points affecting market growth
 
Objectives of the Study:
• To provide with an exhaustive analysis on the protein sequencing market by product & service, by technology, by application, by end-user and by region 
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• Evaluate and forecast micro-markets and the overall market 
• To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America and the rest of the world
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financial and core competencies
 
 

Table of Contents

1 Introduction 

    1.1 Objectives of the Study 

    1.2 Market Definition 

    1.3 Market Scope 

           1.3.1 Markets Covered

           1.3.2 Years Considered for the Study

    1.4 Currency 

    1.5 Limitations 

    1.6 Stakeholders 

2 Research Methodology 

    2.1 Research Data 

           2.1.1 Secondary Research

                    2.1.1.1 Key Data From Secondary Sources

           2.1.2 Primary Research

                    2.1.2.1 Key Data From Primary Sources

                               2.1.2.1.1 Breakdown of Primary Interviews

    2.2 Market Size Estimation 

           2.2.1 Revenue-Based Market Estimation

           2.2.2 End-User-Based Market Estimation

           2.2.3 Primary Research Validation

    2.3 Market Breakdown and Data Triangulation 

    2.4 Assumptions for the Study 

3 Executive Summary 

4 Premium Insights 

    4.1 Protein Sequencing Market Overview 

    4.2 By Product & Service (2019 vs 2027) 

    4.3 By Technology, 2019 vs 2027 

    4.4 By Application, 2019 vs 2027 

    4.5 By End User, 2019 vs 2027 

5 Market Overview 

    5.1 Introduction 

    5.2 Market Dynamics 

           5.2.1 Drivers

                    5.2.1.1 Increasing Focus on Target-Based Drug Development By Pharmaceutical and Biotechnology Companies

                    5.2.1.2 Advancements in Clinical Mass Spectrometry and Analytical Techniques

                    5.2.1.3 Increasing Public-Private Financial Support for Proteomic Research

           5.2.2 Restraints

                    5.2.2.1 High Infrastructure Costs

           5.2.3 Opportunities

                    5.2.3.1 Technological Advancements for the Identification of Isobaric Residues in Protein Sequences

           5.2.4 Challenges

                    5.2.4.1 Preparation of Pure Protein Samples

                    5.2.4.2 Need for Skilled Researchers and Laboratory Professionals

6 By Product & Service 

    6.1 Introduction 

    6.2 Sample Preparation Products & Services 

           6.2.1 Growing Need for Standardized Sample Preparation Solutions is A Major Driver for the Sample Preparation Products & Services Market

    6.3 Protein Sequencing Products 

           6.3.1 Reagents & Consumables

                    6.3.1.1 Growing Number of Sequencing Procedures to Drive the Demand for Protein Sequencing Reagents & Consumables

           6.3.2 Instruments

                    6.3.2.1 Mass Spectrometry Instruments

                               6.3.2.1.1 Technological Advancements to Drive the Adoption of Mass Spectrometry Instruments

                    6.3.2.2 Edman Degradation Sequencers

                               6.3.2.2.1 High Accuracy of Edman Degradation Method to Drive the Adoption of These Products

           6.3.3 Analysis Products/Software

                    6.3.3.1 Protein Sequencing Analysis Products/Software to Witness the Highest Growth Rate During the Forecast Period

    6.4 Protein Sequencing Services 

           6.4.1 Protein Sequencing Services to Register the Highest Growth Between 2019 & 2027

7  By Technology 

    7.1 Introduction 

    7.2 Mass Spectrometry 

           7.2.1 High-Throughput Sequencing Capabilities and Cost Efficiency to Drive the Adoption of Mass Spectrometry Protein Sequencing

    7.3 Edman Degradation 

           7.3.1 High Accuracy of the Edman Degradation Method is the Key Factor Driving Its Adoption in the Market

8  By Application 

    8.1 Introduction 

    8.2 Biotherapeutics 

           8.2.1 Biotherapeutics Segment to Witness the Highest Growth During the Forecast Period

    8.3 Genetic Engineering 

           8.3.1 Large Number of Research Projects Focused on Genetically Modified Organisms & Technological Advancements—Key Factors Driving Market Growth

    8.4 Other Applications 

9 By End User 

    9.1 Introduction 

    9.2 Academic Institutes & Research Centers 

           9.2.1 Academic Institutes & Research Centers to Account for the Largest Share of the Market Owing to the Increasing Funding for Proteomics Research

    9.3 Pharmaceutical & Biotechnology Companies 

           9.3.1 Increasing R&D Expenditure of Major Pharmaceutical and Biotechnology Companies to Drive Market Growth

    9.4 Other End Users 

10  By Region

     10.1 Introduction 

     10.2 North America 

             10.2.1 US

                        10.2.1.1 Launch of Advanced Protein Sequencing Products & the Strong Presence of Leading Players are Driving the Growth of the Protein Sequencing Market in the Us

             10.2.2 Canada

                        10.2.2.1 Financial Support From Government and Private Organizations for R&D in the Proteomics Field—Major Factor Supporting Market Growth

     10.3 Europe 

             10.3.1 Germany

                        10.3.1.1 Favorable Funding Scenario for Life Science Research to Drive the Growth of the Protein Sequencing Market in Germany

             10.3.2 France

                        10.3.2.1 Rising Demand for Biotherapeutics and Biotechnology in the Country to Drive the Adoption of Protein Sequencing

             10.3.3 UK

                        10.3.3.1 Presence of A Large Life Sciences Industry and the Continued Growth of the Biopharmaceuticals Sector are the Major Factors Driving Market Growth

             10.3.4 Rest of Europe

     10.4 Asia Pacific 

             10.4.1 China

                        10.4.1.1 China to Register the Highest Growth in the Asia Pacific Market During the Forecast Period

             10.4.2 Japan

                        10.4.2.1 Strong Life Sciences R&D Infrastructure and A Favorable Government Funding Scenario are Key Factors Driving Market Growth

             10.4.3 India

                        10.4.3.1 Implementation of Favorable Government Initiatives to Support Life Sciences Research to Support the Growth of the Protein Sequencing Market in India

             10.4.4 Rest of Asia Pacific

     10.5 Rest of the World 

11 Competitive Landscape 

     11.1 Overview 

     11.2 Market Share Analysis 

     11.3 Competitive Situation and Trends 

             11.3.1 Product Launches and Services

             11.3.2 Partnerships

             11.3.3 Acquisitions

             11.3.4 Expansions

12 Company Profiles 

(Introduction, Products & Services, Strategy, & Analyst Insights, Developments, FutureWise Perspective)*

     12.1 Agilent Technologies, Inc. 

     12.2 Bioinformatics Solutions 

     12.3 Charles River Laboratories 

     12.4 Proteome Factory 

     12.5 Rapid Novor Inc. 

     12.6 Selvita 

     12.7 SGS 

     12.8 Shimadzu Corporation 

     12.9 Thermo Fisher Scientific Inc. 

     12.10 Waters 

13. Research Finding and Conclusion 

14. Appendix 

15.1 Research Methodology 

15 .2 Research Data Source 

Tables

Figures