Global Protein Expression Market (Size of USD 1,693.6 million in 2017) to Witness 12.1% CAGR during

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Industry Overview Protein expression is the process of synthesizing, regulating, and modifying proteins within a living organism. The global protein expression market was evaluated at USD 1,693.6 million in 2017. The protocol for expression of proteins makes use of expression vectors, competent cells, reagents, instrument, and services. The reagents are the estimated to hold the largest share due to large volume used in the bio-experiments. The significant growth in the protein expression industry is primarily due to the increasing funds from government and non-government organization for protein research, the soaring prevalence of chronic diseases, rising life science industry. Explore Full Report Description at: https:// www.vynzresearch.com/healthcare/protein-expression-market


market segmentation  Different types of products and services offered by the market players are expression vectors, competent cells, reagents, instruments and services. Reagents held the largest share of 53.1% in the market in 2017, globally. The increasing number of research and development activities in lifesciences industry is the key factor leading to the growth in the protein expression reagents market during the forecast period.


Geographic Overview  Geographically, North America is the largest market for protein expression products and services, globally. The largest contribution of the region is due to the adaptation of technologically advanced products, and the increasing government and non government funds for protein research. The North American protein expression market is also driven by the surge in prevalence of chronic diseases, and the growing number of life science and bio-pharmaceutical industries in the region.  Moreover, the protein expression industry is expected to be driven by emerging economies of Asia-Pacific, such as China, and India. This leads to the fastest growth in Asia-Pacific at a CAGR of 13.9% during the forecast period. The growth in the region is also supported by supported by increasing investment in lifescience industry and the increase in prevalence of chronic diseases in the region.


Competition among key players  The major player in the global protein expression market include New England Biolabs, Inc., Thermo Fisher Scientific Inc., QIAGEN N.V., Takara Bio Inc., Lonza Group Ltd., Merck KGaA, Promega Corporation, Genscript Biotech Corporation, Agilent Technologies Inc., and Bio-Rad Laboratories, Inc.  The market players are launching new and technologically advanced products and services to maintain their competency and market share. For instance, in March 2018, Aragen Bioscience, Inc. announced the expansion of its RapTr cell line development services to be included in CHO-GS cell lines. The addition of suite protein expression and analytical services will provide flexibility in the development of cell lines and generation of high quality proteins.


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