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Protein Engineering Market Size, Share, Trends, Growth Opportunities, Key Drivers and Competitive Outlook
"Global Protein Engineering Market – Industry Trends and Forecast to 2029
Global Protein Engineering Market, By Product (Instruments, Reagents, Service and Software), Technology (Rational Protein Design, Irrational Protein Design), Protein Type (Monoclonal Antibodies, Insulin, Erythropoietin, Interferon, Colony Stimulating Factor, Growth Hormones, Coagulation Factor, Vaccines, Others), End-Users (Academic Research Institutes, Pharmaceutical and Biotechnology Companies, Contract Research Organizations), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
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**Segments**
- **Product**: The product segment in the protein engineering market includes instruments, reagents, and services. Instruments consist of protein analyzers, Chromatography, Mass Spectrometers, and X-ray Crystallography. Reagents include antibodies, protein labelling, and purification kits. Services include protein sequencing, protein engineering, and protein design. - **Technology**: The technology segment comprises rational protein design, directed evolution, and hybrid technology. Rational protein design involves the use of computational models to design proteins with specific functions. Directed evolution uses iterative rounds of mutation and selection to optimize protein properties. Hybrid technology combines aspects of rational design and directed evolution for protein engineering. - **Application**: Protein engineering finds applications in therapeutics, diagnostics, and industrial processes. In therapeutics, engineered proteins are utilized for drug development, targeted therapy, and personalized medicine. In diagnostics, proteins are used as biomarkers for disease detection and monitoring. In industrial processes, engineered proteins enhance the efficiency of biocatalysts, enzymes, and biosensors.
**Market Players**
- **Thermo Fisher Scientific**: A leading player in the protein engineering market, Thermo Fisher Scientific provides a comprehensive range of instruments, reagents, and services for protein analysis and engineering. The company's advanced technologies and global presence position it as a key player in the market. - **Merck KGaA (EMD Millipore)**: Merck KGaA offers a diverse portfolio of protein engineering tools, including reagents for protein purification, expression systems, and analytics. The company's strong focus on innovation and R&D drives its presence in the protein engineering market. - **Agilent Technologies**: Agilent Technologies is known for its high-quality instruments and solutions for protein analysis and engineering. The company's cutting-edge technologies and broad customer base contribute to its significant market share. - **Bio-Rad Laboratories**: Bio-Rad Laboratories specializes in protein analysis and purification products, serving researchers in academic, biopharmaceutical,Bio-Rad Laboratories has established itself as a prominent player in the protein engineering market due to its extensive range of high-quality protein analysis and purification products. The company's offerings cater to a diverse customer base, including researchers in academic institutions, biopharmaceutical companies, and clinical diagnostics laboratories. Bio-Rad's innovative solutions enable efficient protein characterization, quantification, and purification, essential processes in protein engineering. The company's strong reputation for reliability and accuracy in protein analysis has solidified its position as a trusted provider of tools and reagents for protein research and development.
Bio-Rad Laboratories' commitment to research and development is a key driver of its success in the protein engineering market. The company invests heavily in cutting-edge technology and product innovation to meet the evolving needs of the industry. By continuously introducing new and improved solutions for protein analysis and purification, Bio-Rad stays ahead of the competition and maintains its relevance in the market. This focus on R&D not only enhances the company's product portfolio but also reinforces its reputation as a leader in protein engineering technology.
Furthermore, Bio-Rad Laboratories' strategic partnerships and collaborations with academic institutions, research organizations, and industry players have contributed to its market influence. By fostering strong relationships with key stakeholders in the protein engineering ecosystem, Bio-Rad gains valuable insights into market trends, customer preferences, and emerging technologies. These partnerships also facilitate knowledge exchange, technology transfer, and co-development efforts that drive innovation and enhance Bio-Rad's competitiveness in the market. Leveraging its network of collaborators, Bio-Rad is well-positioned to capitalize on market opportunities and strengthen its market presence in the protein engineering sector.
In addition to its product offerings and research collaborations, Bio-Rad Laboratories' focus on customer satisfaction and support plays a crucial role in its market success. The company's dedication to providing excellent customer service, technical assistance, and training programs ensures that customers receive the necessary guidance and resources to optimize their protein engineering workflows. By prioritizing customer needs and delivering value-added services**Global Protein Engineering Market Analysis**
- The protein engineering market is driven by the increasing demand for novel protein therapeutics and personalized medicine. As advancements in technology enable more precise protein design and engineering, the market is poised for significant growth in the coming years. - The therapeutics segment dominates the protein engineering market, with engineered proteins playing a crucial role in drug development and targeted therapies. The rising prevalence of chronic diseases and the need for more effective treatments drive the demand for protein therapeutics. - Academic research institutes and pharmaceutical & biotechnology companies are the key end-users of protein engineering tools and services. These institutions and organizations invest heavily in protein research to develop innovative therapies and diagnostic solutions, stimulating market growth. - North America and Europe are the leading markets for protein engineering, owing to the presence of established research institutions, biopharmaceutical companies, and technological advancements. Asia-Pacific is expected to witness significant growth due to increasing R&D activities and investments in the healthcare sector. - Key players in the protein engineering market are focusing on strategic partnerships, acquisitions, and product launches to expand their market presence and cater to evolving customer needs. R&D investments and technological innovations remain critical for sustaining competitiveness in the market.
The global protein engineering market is witnessing steady growth driven by advancements in technology, increasing demand for personalized medicine, and the growing focus on protein-based therapeutics. The market is segmented based on products, technologies, protein types, end-users, and geography. In terms of products, instruments, reagents, and
Key points covered in the report: -
The pivotal aspect considered in the global Protein Engineering Market report consists of the major competitors functioning in the global market.
The report includes profiles of companies with prominent positions in the global market.
The sales, corporate strategies and technical capabilities of key manufacturers are also mentioned in the report.
The driving factors for the growth of the global Protein Engineering Market are thoroughly explained along with in-depth descriptions of the industry end users.
The report also elucidates important application segments of the global market to readers/users.
This report performs a SWOT analysis of the market. In the final section, the report recalls the sentiments and perspectives of industry-prepared and trained experts.
The experts also evaluate the export/import policies that might propel the growth of the Global Protein Engineering Market.
The Global Protein Engineering Market report provides valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Protein Engineering Market Landscape
Part 04: Global Protein Engineering Market Sizing
Part 05: Global Protein Engineering Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
The investment made in the study would provide you access to information such as:
Protein Engineering Market [Global – Broken-down into regions]
Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
Country-wise Market Size Split [of important countries with major market share]
Market Share and Revenue/Sales by leading players
Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.
Market Size
Market Size by application/industry verticals
Market Projections/Forecast
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Chromatography Resin Market Size, Trends, Revenue Share Analysis, Forecast, 2024–2030
The Chromatography Resin Market was valued at USD 2.6 billion in 2023-e and will surpass USD 4.4 billion by 2030; growing at a CAGR of 7.7% during 2024 - 2030. The report focuses on estimating the current market potential in terms of the total addressable market for all the segments, sub-segments, and regions. In the process, all the high-growth and upcoming technologies were identified and analyzed to measure their impact on the current and future market. The report also identifies the key stakeholders, their business gaps, and their purchasing behavior. This information is essential for developing effective marketing strategies and creating products or services that meet the needs of the target market.
Chromatography is a laboratory technique for the separation of a mixture into its components. Chromatography resin is a medium used in the column chromatography method, which includes ion exchange, affinity, and size exclusion chromatography. These resins are essential for purifying proteins, nucleic acids, and other biomolecules, making them indispensable in various industries.
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Key Drivers of Growth
Biopharmaceutical Boom: The rise in biopharmaceutical production, including monoclonal antibodies, vaccines, and recombinant proteins, has significantly boosted the demand for chromatography resins. These resins play a crucial role in the purification processes, ensuring the safety and efficacy of biopharmaceutical products.
Technological Advancements: Innovations in chromatography techniques and resin development have enhanced the efficiency and effectiveness of purification processes. Advances such as multi-modal resins, which combine different modes of interaction, have expanded the applications of chromatography.
Regulatory Compliance: Stringent regulatory requirements for drug approval and quality control in the pharmaceutical and food industries necessitate the use of reliable and efficient purification methods. Chromatography resins, known for their precision and reliability, are in high demand to meet these standards.
Environmental and Food Safety: The growing emphasis on environmental monitoring and food safety has increased the use of chromatography resins in testing and analysis. These resins help detect contaminants and ensure the quality of water, air, and food products.
Market Segmentation
The chromatography resin market can be segmented based on type, technique, application, and region.
By Type: Natural polymer, synthetic polymer, and inorganic media are the primary types of chromatography resins. Natural polymers, such as agarose and cellulose, dominate the market due to their biocompatibility and versatility.
By Technique: The market is segmented into ion exchange, affinity, size exclusion, hydrophobic interaction, and others. Ion exchange and affinity chromatography are the most widely used techniques, owing to their high selectivity and efficiency.
By Application: The applications of chromatography resins span across pharmaceuticals, biotechnology, food and beverage, water and environmental analysis, and others. The pharmaceutical and biotechnology sectors account for the largest share due to their extensive use in drug development and production.
By Region: North America holds the largest market share, followed by Europe and the Asia-Pacific region. The presence of major biopharmaceutical companies, advanced healthcare infrastructure, and significant R&D investments drive the market in these regions.
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Future Prospects
The chromatography resin market is poised for continued growth, driven by several key trends:
Personalized Medicine: The shift towards personalized medicine and targeted therapies will increase the demand for chromatography resins in the purification of specific biomolecules tailored to individual patient needs.
Biosimilars and Biobetters: The rising development of biosimilars and biobetters will fuel the demand for efficient purification techniques, further driving the chromatography resin market.
Sustainability Initiatives: Increasing focus on sustainability and green chemistry will lead to the development of eco-friendly chromatography resins, reducing environmental impact and enhancing market growth.
Emerging Markets: Rapid industrialization and advancements in healthcare infrastructure in emerging markets, particularly in Asia-Pacific and Latin America, will provide significant growth opportunities for the chromatography resin market.
Conclusion
The chromatography resin market is on a trajectory of robust growth, driven by advancements in biotechnology, increasing biopharmaceutical production, and stringent regulatory requirements. With ongoing innovations and expanding applications, the future of the chromatography resin market looks promising. Stakeholders in the industry should stay abreast of these trends to capitalize on the growth opportunities and navigate the evolving landscape effectively.
#Chromatography Resin#Chromatography Resin Growth#Chromatography Resin Trends#Chromatography Resin Outlook
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Regional Variations in Immunology Market Size
The Immunology Market is estimated to be valued at US$ 100117 Million in 2023 and is expected to reach US$ 183000 million by 2031, at a CAGR of 9% during the forecast period (2024–2031).The Immunology market stands at the forefront of medical innovation, a dynamic landscape where research converges with clinical need to shape the future of healthcare. With a relentless focus on understanding the intricate dance between immune response and disease, this field propels breakthroughs in biologics, diagnostics, and therapeutics. From pioneering monoclonal antibodies that target specific immune pathways to advanced genomic tools unraveling the genetic underpinnings of autoimmune disorders, the Immunology market is a crucible of discovery. It bridges the gap between benchtop experiments and bedside treatments, offering hope to millions grappling with conditions once deemed untreatable.
The market research is a thorough and in-depth examination of the market, with a focus on global market trends. The goal of this study is to give readers a comprehensive overview of the market as well as a detailed segmentation of the market. The study examines market drivers and prospects, as well as key investment pockets, key segments, Porter's Five Forces, value chain, and competitive landscape. The Immunology Market analysis investigates market dynamics at the regional and national levels. There is also a competitive study, which covers corporate market shares as well as profiles for key revenue sources.
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Market Segmentation
By Drug Class
Monoclonal Antibody (mAb)
Fusion Proteins
Immunosuppressants
Polyclonal Antibody (pAb)
By Disease Indication
Rheumatoid Arthritis,
Psoriatic Arthritis
Plaque Psoriasis
Ankylosing Spondylitis
Inflammatory Bowel Disease
Prophylaxis of Organ Rejection
By Distribution Channel
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
Competitive Analysis
To gain a competitive advantage, businesses employ a variety of growth and expansion strategies. Industry actors monitor value chain integration with firm actions at various stages of the value chain. The Immunology Market research report covers data on future profitability, company portfolios, and industry leaders trying to improve supply chain logistics, expand their global footprint, and get a competitive advantage in the global market. The market demand is expected to climb as large corporations and government bodies seek more information about the current scenario.
Key Objectives of Immunology Market Report
Market segmentation analysis by types, applications, and end-use across regions.
To conduct a national market analysis, covering current market size and future prospects.
To provide a complete breakdown of important market participants' fundamental competencies as well as a clear image of the market.
To present an in-depth study of the market structure, as well as forecasts for the main sections and sub-fragments for the following years.
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When you employ our services, you will collaborate with qualified and experienced staff. We believe it is crucial to collaborate with our clients to ensure that each project is customized to meet their demands. Nobody knows your customers or community better than you do. Therefore, our team needs to ask the correct questions that appeal to your audience in order to collect the best information.
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Artificial Intelligence in Healthcare Market to Witness an Outstanding Growth by 2033
Market Definition
Artificial intelligence (AI) in healthcare is a broad term that covers a wide range of applications and technologies. AI technologies can be used to help doctors and other healthcare professionals diagnose and treat diseases, make predictions about patient health, and improve the efficiency of care delivery. AI is also being used to develop new drugs and personalized treatments, and to create digital assistants that can help patients manage their health.
Market Outlook
The global Artificial Intelligence in Healthcare market was valued at USD 12.4 Billion in 2022 and it is anticipated to grow up to USD 45.6 Billion by 2032, at a CAGR of 13.9% during the forecast period.
The market is driven by several factors, including the need to manage data more effectively and optimize healthcare costs, the growth of public-private partnerships, and the increased regional spending on healthcare. Additionally, the market is anticipated to grow as opportunities in geriatric population care with AI technology, imaging, and diagnostics to generate data for research development arise. Moreover, the growing shortage of healthcare workforce drove the adoption of AI/ML technologies. Therefore, AI algorithms can be trained to analyze patient health information which further supports care providers in quickly diagnosing the condition and devising an accurate treatment regime.
Small-molecule drug discovery benefits from AI in four ways; access to new biology, improved or unique chemistry, higher success rates, and speedier and less expensive discovery procedures. For instance, FDA’s Center for Drug Evaluation and Research (CDER) approved 50 brand-new pharmaceutical and biological products in 2021. About 33 of the 50 novel medications and biological products approved for use had tiny molecules, while 17 were monoclonal antibodies and other large molecules. Such aforementioned factors boosting the growth of the market and accelerating the adoption rate of AI in healthcare.
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Research Objectives
Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
Identify factors influencing market growth and challenges, opportunities, drivers and restraints
Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Global Artificial Intelligence in Healthcare Market Segmentation
By Component
Software Solutions
Hardware
Services
By Application
Robot-Assisted Surgery
Clinical Trials
Hospital Workflow
Therapy Planning
Wearables
Virtual Assistants
Medical Imaging & Diagnosis
Others
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Major Players in the Global Artificial Intelligence in Healthcare Market
The overall competitive rivalry remains moderately high in the market studied. The growing presence of big players in the industry is expected to intensify competitive rivalry during the forecast period. The global Bioactive Ingredients Market report includes players such as AiCure, APIXIO, Inc., Atomwise, Inc, Butterfly Network, Inc., Cyrcadia Health Inc, Enlitic, Inc, IBM Corporation, iCarbonX, Insilico Medicine Inc, NVIDIA Corporation, others.
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Research Scope
Scope – Highlights, Trends, Insights. Attractiveness, Forecast
Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.
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Antibody Drugs, Global Market Size Forecast, Top 20 Players Rank and Market Share
Antibody Drugs Market Summary
Antibody drugs refer to a type of drugs prepared through biotechnology, the main component of which is antibody molecules. Antibodies are proteins produced by the immune system that recognize and bind to specific molecules (antigens), thereby modulating the immune response or directly inhibiting the activity of disease-related molecules. Antibody drugs treat diseases by simulating or enhancing the body's own immune system and are highly specific and biologically active.
According to the new market research report "Global Antibody Drugs Market Report 2023-2029", published by QYResearch, the global Antibody Drugs market size is projected to grow from USD 232.8 billion in 2023 to USD 319.7 billion by 2029, at a CAGR of 5.4% during the forecast period.
Figure. Global Antibody Drugs Market Size (US$ Million), 2018-2029
Above data is based on report from QYResearch: Global Antibody Drugs Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch.
Market Drivers:
Technological progress: The continuous development of biotechnology has made the development and production of antibody drugs more efficient and precise.
Growing demand: As the population ages and chronic diseases increase, the need for safer and more effective medicines to treat them continues to increase.
Breakthroughs in antibody engineering technology: The emergence of new antibody engineering technologies, such as monoclonal antibody technology, chimeric antibody technology, etc., provides more possibilities for the design and optimization of antibody drugs.
Restraint:
High cost: The development and production costs of antibody drugs are often high, making them expensive and limiting patient access.
Immunogenicity: Since antibody drugs are exogenous proteins, they may trigger an immune response in patients, leading to treatment failure or adverse reactions.
Complexity: The production process of antibody drugs is complex, including cloning, expression, purification and other links, which increases the difficulty of research and development and production.
Opportunity:
Application of new technologies: For example, the development of gene editing technology provides new possibilities for the design and production of antibody drugs.
Personalized treatment: With the advancement of medical technology, personalized treatment is receiving more and more attention. As a highly specific treatment method, antibody drugs will have broader application prospects.
Application of polyclonal antibodies: Polyclonal antibody therapy can target multiple targets at the same time and has wider therapeutic adaptability, which is an important direction for future development.
Figure. Global Antibody Drugs Top 20 Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
Above data is based on report from QYResearch: Global Antibody Drugs Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch.
This report profiles key players of Antibody Drugs such as Keytruda、Humira、Dupixent、Stelara、Opdivo.
In 2022, the global top five Antibody Drugs players account for 32% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Antibody Drugs.
About The Authors
Author: Wang Ting
Main areas: Semiconductors and consumer electronics
Email: [email protected]
Contact number: 17877785868
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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Protein Engineering Market Boosting the Growth Worldwide
Latest released the research study on Global Protein Engineering Market, offers a detailed overview of the factors influencing the global business scope. Protein Engineering Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Protein Engineering The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are Agilent Technologies Inc. (United States), Bio-Rad Laboratories, Inc. (United States), Lonza Group AG (Switzerland), Bruker Corporation (United States), Danaher Corporation (United States), General Electric Company (United States), PerkinElmer, Inc. (United States), GenScript Biotech Corporation (United States), Sigma-Aldrich Corporation (United States), Thermo Fisher Scientific (United States),
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Protein Engineering Market Definition:
The factors driving the business growth of protein engineering market include growing consumption of protein-based drugs owing to protein deficiency as well as increasing government initiatives and funding for protein engineering will propel the business growth over the forecasted period. Protein engineering is a process of stabilizing and developing protein intake or any enzyme with particular applications. This process relates to the adoption of protein producing enzymes for the production of high value and required proteins. Variety of protein engineering methods are available in the market including directed and random mutagenesis, homology modelling. Molecular dynamics and many others.
Market Trend:
Rising Adoption of Monoclonal Antibodies across the Globe
Increasing Applications of Protein Engineering in Numerous Therapies for Autoimmune Diseases and Cancer
Market Drivers:
Increasing Government Initiatives in Minimizing Protein Deficiency
Growing Prevalence of Protein Deficiency Diseases
Market Opportunities:
The Global Protein Engineering Market segments and Market Data Break Down are illuminated below:
by Type (Modified Enzymes, Insulin, Monoclonal Antibodies, Coagulation Factors (Blood factors + Tissue plasminogen), Vaccines, Growth Factors (Hormones + Cytokine), Others), Technology (Irrational Protein Design, Rational Protein Design), End User (Academic Research Institutes, Pharmaceutical & Biotechnology Companies, Contract Research Organizations)
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Protein Engineering Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Protein Engineering market
Chapter 2: Exclusive Summary – the basic information of the Protein Engineering Market.
Chapter 3: Displayingthe Market Dynamics- Drivers, Trends and Challenges of the Protein Engineering
Chapter 4: Presenting the Protein Engineering Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying market size by Type, End User and Region 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Protein Engineering market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2021-2026).
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Protein Engineering Market is a valuable source of guidance for individuals and companies in decision framework.
Data Sources & Methodology The primary sources involves the industry experts from the Global Protein Engineering Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
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Monoclonal Antibody Custom Service Market 2022 | Growth Strategies, Opportunity, Challenges, Rising Trends and Revenue Analysis 2030
Monoclonal Antibody Custom Service Market
The latest market report published by Credence Research, Inc. “Global Monoclonal Antibody Custom Service Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2030. The global demand for monoclonal antibody custom service was valued at USD 0.5 Billion in 2022 and is expected to reach USD 0.98 Billion in 2030, growing at a CAGR of 10.1% between 2023 and 2030.
The Monoclonal Antibody Custom Service Market refers to the sector within the biotechnology and pharmaceutical industries that offers tailored solutions for the development and production of monoclonal antibodies (mAbs) based on specific customer needs. Monoclonal antibodies are a type of laboratory-produced molecules that can mimic the immune system's ability to fight off harmful pathogens and target specific cells or molecules within the body. They have a wide range of applications, including therapeutic treatments, diagnostic tools, and research reagents.
Growth Factor Worldwide in Monoclonal Antibody Custom Service Market
The Monoclonal Antibody Custom Service Market is poised for significant growth worldwide. With the increasing demand for personalized and targeted therapies, the market has witnessed a surge in custom antibody development services. Major players in the industry are continuously investing in research and development to meet the evolving needs of customers.
Market drivers such as the rising prevalence of chronic diseases, advancements in biotechnology, and increasing investment in healthcare infrastructure have fueled the growth of this market. Additionally, factors like growing awareness about personalized medicine and technological advancements in antibody engineering techniques have further contributed to market expansion.
The market dynamics indicate a positive outlook for Monoclonal Antibody Custom Service providers. The increased adoption of monoclonal antibodies in various therapeutic areas including oncology, autoimmune disorders, infectious diseases, and cardiovascular diseases has created immense opportunities for service providers.
Browse 246 pages report Monoclonal Antibody Custom Service Market By Product Types (Rat Custom Monoclonal Antibody, Rabbit Custom Monoclonal Antibody, Others) By Applications (Hospitals, Research & Academic Laboratories, Pharmaceutical & Biotechnology Companies) - Growth, Future Prospects & Competitive Analysis, 2016 – 2030)- https://www.credenceresearch.com/report/monoclonal-antibody-custom-service-market
Market Recommendations in Monoclonal Antibody Custom Service Market
1. Embrace technological advancements: With the rapid advancements in technology, it is crucial for companies operating in the monoclonal antibody custom service market to stay updated and embrace new technologies. This includes investing in automated platforms, data analytics tools, and artificial intelligence to enhance their research and development capabilities.
2. Foster collaborations: Collaboration is key in this highly competitive market. By partnering with academic institutions, research organizations, or other industry players, companies can leverage shared knowledge and resources to accelerate the development of customized monoclonal antibodies. Collaborations also provide opportunities for accessing new markets or expanding existing ones.
3. Focus on quality assurance: Maintaining high-quality standards is essential when offering custom monoclonal antibody services. Companies should implement robust quality control measures at every stage of the production process to ensure consistent product quality and meet regulatory requirements.
4. Enhance customer support: Providing exceptional customer support can set a company apart from its competitors. Offering personalized assistance throughout the project lifecycle, timely communication updates, and addressing any concerns promptly can help build strong relationships with clients and drive customer satisfaction.
Market Regional Analysis in Monoclonal Antibody Custom Service Market
North America holds a dominant position in the monoclonal antibody custom service market. The presence of well-established pharmaceutical and biotechnology companies, along with favorable government initiatives and robust healthcare infrastructure, contributes to the region's growth. Additionally, increasing research and development activities further propel the demand for monoclonal antibody custom services in this region.
Europe follows closely behind North America in terms of market share. The region boasts advanced healthcare facilities and research institutes that contribute to the adoption of customized monoclonal antibodies. Moreover, rising investments by key players and growing collaborations among academic institutions also drive market growth.
Asia Pacific is emerging as a lucrative market for monoclonal antibody custom services due to factors such as expanding pharmaceutical industry, rising healthcare expenditure, and increasing awareness about personalized medicine. Countries like China and India are witnessing rapid advancements in biopharmaceutical research, leading to increased demand for customized antibodies.
Latin America and Middle East & Africa also show promising growth opportunities for the monoclonal antibody custom service market. The expansion can be attributed to improving healthcare infrastructure, rising prevalence of chronic diseases, and growing investments by major players to tap into these untapped markets.
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The report provides a qualitative as well as quantitative analysis of the global Monoclonal Antibody Custom Service Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.
The report includes information on the competitive landscape, such as how the market's top competitors operate at the global, regional, and country levels.
Major nations in each region with their import/export statistics
The global Monoclonal Antibody Custom Service Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major players analysis, market growth strategies, and key application areas.
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Protein A Resin Market Size, Share, Growth Opportunities: 2028
Protein A Resin Market, By Product (Agarose-Based Protein A, Glass/Silica-Based Protein A, Organic Polymer-Based Protein A), Application (Antibody Purification and Immunoprecipitation), End-User (Pharmaceutical & Biopharmaceutical Companies, Academic Research Institutes, Other End Users) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Global protein a resin market is anticipated to reach USD 1.3 billion in 2021 growing at a CAGR of 11.6% during the forecasting period, 2021-2028.
Protein A is a surface protein that is found in the cell walls of most of the staphylococcus aureus bacteria. It’s a type 1 surface protein. Protein A might be variable in different species of staphylococcus aureus but has the same purpose of interfering with the host B type immunity cell and prevent the phagocytosis and destruction of the bacteria. This protein is majorly used in biomanufacturing due to its high specificity toward the fragment crystallizable region (fc) of the monoclonal antibodies. Its specificity is used to isolate recombinant monoclonal antibodies and it can easily achieve a purity level where host cell protein reduces to less than 100ppm and DNA content to less than 10pg/dose. The commercial classification of Protein A is on the basis of its bead size, base matrix composition, pore size, etc. these features have a direct relation with the performance of the Protein A resin column. Due to its high costs, companies are researching for Protein A resin which could provide high binding ability at higher flow rates too.
The increasing need to avoid the laborious process has boosted the demand for pre-packed columns is one of the factors that have supported long-term expansion for the protein A resin industry.
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Key Findings
Global protein a resin market is segmented into product, application, end-user, and geography.
Product segment is segmented into Agarose-Based Protein A, Glass/Silica-Based Protein A, and Organic Polymer-Based Protein A.
Application segment is segmented into Antibody Purification and Immunoprecipitation.
End-User segment is segmented into Pharmaceutical & Biopharmaceutical Companies, Academic Research Institutes, and Other End Users.
Geographically, the global protein a resin market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and South America and insights are provided for each region and major countries within the regions
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Competitive Landscape
GE Healthcare (US), Repligen Corporation (US), Merck Millipore (Germany), are some of the leading players of the Protein A Resin market
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Gain authentic and granular data access for the Protein A Resin market so as to understand the trends and the factors involved behind changing market situations
Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.
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Biopharmaceutical CMO & CRO Production Capacity Study—a Deep-dive on Firms Opting for Contract Services
CMOs are exploring the potential of mammalian cell culture production amidst soaring demand for biopharmaceutical contract manufacturing services. Incumbents, such as Charles River and Lonza have furthered investments in mammalian cells. To illustrate, in May 2021, Lonza announced pouring USD 936 million to bolster the footprint of mammalian drug substance manufacturing sites in the U.S. and Switzerland.
Biopharmaceutical firms are responding to the demand for outsourced services with bullish investments in research activities. For instance, in July 2022, Wuxi Biologics contemplated expanding its large-scale drug product & drug substance manufacturing capabilities and R&D in Singapore.
Adoption of Contract Development & Manufacturing Organization (CDMO) and Contract Manufacturing Organization (CMO) with surging demand for Monoclonal Antibodies (MAbs) products will boost the market share. The final report, along with the database, will peruse the following dynamics:
• Insights on commercial availability and annual approvals of MAb products.
• Commercially available biopharmaceuticals and biologics produced using mammalian cell lines.
• Competitive landscape with industry developments.
• CMO Mapping of 88 companies.
Get your copy or request a free sample of the report “Biopharmaceutical CMO & CRO Production Capacity Study,” compiled and published by Grand View Research.
Biopharmaceutical CMO & CRO Production Capacity Report Scope
CMO Capacity mapping (for 88 companies)
Key Players: Location Mapping & existing Capacities
Recent expansions/ Future plans
Comparative Heat Map
Get more insights from our in-depth market intelligence report, “Biopharmaceutical CMO And CRO Market Size, Share & Trends Analysis Report By Source (Mammalian, Non-mammalian), By Service (Contract Manufacturing, Contract Research), By Product, And Segment Forecasts, 2023 – 2030.”
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Chromatographic Silica Resins Market: Advancing Separation Science and Biopharmaceutical Research with High-Quality Resin Materials
The chromatographic silica resins market is growing rapidly due to the increasing demand for chromatography in various industries, such as pharmaceuticals, biotechnology, food and beverage, and environmental testing. Chromatographic silica resins are widely used as stationary phases in liquid chromatography to separate and analyze complex mixtures of molecules. They are available in various sizes and pore sizes, making them suitable for a wide range of applications. The increasing need for high-purity products and the growing demand for drug discovery and development are the major drivers of the chromatographic silica resins market.
The pharmaceutical industry is one of the major end-users of chromatographic silica resins. These resins are used in the purification of drugs and other biopharmaceutical products, such as monoclonal antibodies and vaccines. With the increasing focus on personalized medicine and the growing demand for biopharmaceutical products, the demand for chromatographic silica resins in the pharmaceutical industry is expected to increase in the coming years. Additionally, the food and beverage industry is also driving the growth of the chromatographic silica resins market. These resins are used in the separation and analysis of food and beverage components, such as amino acids, vitamins, and flavor compounds.
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However, the chromatographic silica resins market is not without its challenges. The high cost of silica resins and the availability of alternatives, such as polymer-based resins, are some of the major challenges faced by manufacturers. Additionally, the complexity of the chromatography process and the need for skilled professionals to operate the equipment are also challenges faced by end-users. Nevertheless, with the increasing demand for high-purity products and the growing need for chromatography in various industries, the chromatographic silica resins market is expected to grow in the coming years. Manufacturers are investing in research and development to innovate new products and optimize their production processes, thereby driving the growth of the chromatographic silica resins market.
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Custom Antibody Market by Service (Antibody Development, Production, Labelling), Type (Monoclonal, Polyclonal, Recombinant), Source (Rabbit, Mice), Research Area (Oncology, Immunology), End User (Pharmaceutical Companies, CRO's) - Global Forecast to 2026 published on
https://www.sandlerresearch.org/custom-antibody-market-by-service-antibody-development-production-labelling-type-monoclonal-polyclonal-recombinant-source-rabbit-mice-research-area-oncology-immunology-end-user-phar.html
Custom Antibody Market by Service (Antibody Development, Production, Labelling), Type (Monoclonal, Polyclonal, Recombinant), Source (Rabbit, Mice), Research Area (Oncology, Immunology), End User (Pharmaceutical Companies, CRO's) - Global Forecast to 2026
“increasing demand for protein therapeutics to drive the custom antibody market.’’
The global custom antibody market is projected to reach USD 652 million by 2026 from USD 393 million in 2021, at a CAGR of 10.6% during the forecast period.The increasing demand for protein therapeutics is expected to drive the custom antibody market in the coming years. On the other hand, the need for significant capital investments and long duration of antibody development,
“By service, the monoclonal antibody segment accounted for the largest share of the custom antibody market”
Based on service, the custom antibody market is segmented into antibody development, antibody production & purification, and antibody fragmentation & labeling. Antibody development services accounted for the largest market share in 2020. The large share of this segment can be attributed to the increasing focus of researchers on high-quality antibodies for reproducibility, which can be hampered by using commercially available antibodies.
“Asia Pacific: The fastest-growing region in the custom antibody market.”
the Asia Pacific market is estimated to witness the highest growth during the forecast period, primarily due to the increasing investments by governments and industries, growing biotechnology research, and rising awareness on personalized therapeutics.
“North America: the largest share of the custom antibody market”
In 2020, North America accounted for the largest share in the global custom antibody market. The dominance of the North American region can be attributed to the increasing investments in the development of structure-based drug designs, growing research in the fields of genomics and proteomics, rising demand for high-quality research tools for data reproducibility, increasing focus on developing antibody-based therapeutics, and the presence of a large number of global players in this region.
Breakdown of primaries
The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
By Respondent– Supply Side- 50%, Demand Side-50%
By Designation— Executives- 30%, CXOs, Directors- 30%, Managers – 40%
By Region— North America -40%, Europe – 20%, APAC – 20%, RoW- 20%
The custom antibody market is dominated by a few globally established players such as Thermo Fisher Scientific, Inc. (US), Bio-Rad Laboratories, Inc. (US), Merck KGaA (Germany), Abcam plc (UK), Cell Signaling Technology, Inc. (US), Agilent Technologies, Inc. (US), GenScript (US), BioLegend, Inc. (US), Rockland Immunochemicals, Inc. (US), ProMab Biotechnologies (US), Innovagen AB (Sweden), and ProteoGenix (US).
Research Coverage:
The report segments the custom antibody market based on region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa), service (antibody development, antibody production & purification, and antibody fragmentation & labeling), type (monoclonal antibodies, polyclonal antibodies, recombinant antibodies, and other custom antibodies), source (mice, rabbits, and other sources.), research area (oncology, infectious diseases, neurobiology, stem cells, immunology, cardiovascular disease, and other research areas), end users (pharmaceutical & biotechnology companies, academic & research institutes, and contract research organizations).
The report also provides a comprehensive review of market drivers, challenges, and opportunities in the custom antibody market
Key Benefits of Buying the Report:
The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the custom antibody market and provides them information on key market drivers, challenges, and opportunities.
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Biopharmaceutical CMO Market Growth Opportunities and Competitive Landscape Report to 2033
Market Definition
A Contract Manufacturing Organization (CMO), also known as a Biopharmaceutical CMO, is a company that provides manufacturing and other services to the pharmaceutical and biotechnology industries. CMOs are an important part of the pharmaceutical supply chain, and they play a vital role in bringing new drugs and therapies to market.
CMOs specialize in the manufacture of active pharmaceutical ingredients (APIs) and finished dosage forms (FDFs). They also provide a range of other services, such as analytical testing, formulation development, and packaging. CMOs are typically large, multinational companies with extensive experience in drug manufacturing.
Market Outlook
The key trends in Biopharmaceutical CMO technology are:
1. The use of biotechnology to develop new drugs and therapies.
2. The use of cell culture and fermentation technologies to produce biopharmaceuticals.
3. The use of monoclonal antibodies and other protein-based drugs.
4. The use of nucleic acid-based drugs and gene therapy.
The biopharmaceutical CMO market is driven by the increasing demand for biopharmaceuticals, the need for specialized manufacturing facilities, and the increasing number of biopharmaceutical companies. The biopharmaceutical industry is growing at a rapid pace, and the number of biopharmaceutical companies is increasing. This is resulting in an increased demand for CMOs. CMOs are specialized manufacturing facilities that are required for the production of biopharmaceuticals. They are required to meet the stringent quality standards set by the FDA. The increasing number of biopharmaceutical companies is resulting in an increased demand for CMOs.
The biopharmaceutical CMO market is facing a number of key restraints and challenges. Firstly, the market is highly competitive and there are a large number of players operating in the space. This makes it difficult for new entrants to gain a foothold in the market. Secondly, the market is capital intensive and requires significant investment in research and development. This is a major barrier for small and medium sized companies. Thirdly, the regulatory environment is constantly changing and this makes it difficult for companies to keep up with the latest regulations. Finally, the market is reliant on a small number of key customers and this makes it difficult to diversify revenue streams.
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Research Objectives
Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
Identify factors influencing market growth and challenges, opportunities, drivers and restraints
Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Market Segmentation
The biopharmaceutical CMO market report is bifurcated on the basis of product, source, service, and region. On the basis of product, it is segmented into biologics and biosimilars. Based on source, it is analyzed across mammalian and non-mammalian. By service, it is categorized into contract manufacturing, process development, packaging, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
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Major Players
The biopharmaceutical CMO market report includes players such as Toyobo Co., Ltd., Samsung Biologics, Patheon, Lonza AG, WuXi Biologics, AbbVie Inc., Binex Co., Ltd., JRS Pharma, Biomeva GmbH, and ProBioGen AG.
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Research Scope
Scope – Highlights, Trends, Insights. Attractiveness, Forecast
Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis
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Glycan Analysis Market to see Booming Business Sentiments
Latest released the research study on Global Glycan Analysis Market, offers a detailed overview of the factors influencing the global business scope. Glycan Analysis Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Glycan Analysis The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are Sartorius Stedim BioOutsource (Germany), ProZyme (United States), S-Bio (United States), Thermo Fisher Scientific (United States), Waters Corp (United States), Agilent Technologies (United States),
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Glycan Analysis Market Definition:
Glycans are carbohydrate-based polymers made by all living organisms. Glycans are also called polysaccharides. These are essential biomolecules serving structure, energy storage and system regulatory purposes. Many biopharmaceuticals are glycosylated proteins produced by living cell systems includes monoclonal antibodies and other recombinant protein products. Protein glycosylation increases protein stability in vitro and protects protein from proteolytic degradation.
Market Trend:
Technological Development and Innovations in Healthcare
Market Drivers:
Increasing Use of Biopharmaceutical Products
Rising Prevalence of Cancer, Autoimmune Diseases or Other Life-Threatening Diseases
Increasing Government Funding for Research and Development Activities
Market Opportunities:
Growing Pharmaceutical Industry Worldwide
Increasing Research and Development Investment by Major Players
The Global Glycan Analysis Market segments and Market Data Break Down are illuminated below:
by Analysis (Mass Spectrometry (MS), High-Performance Liquid Chromatography (HPLC), Capillary Electrophoresis (CE), Isoelectric Focusing (IEF) Polyacrylamide Gel (PAGE) Electrophoresis), End-User (Research Institutes, Biopharmaceutical Companies, CROs, CMOs)
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Glycan Analysis Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Glycan Analysis market
Chapter 2: Exclusive Summary – the basic information of the Glycan Analysis Market.
Chapter 3: Displayingthe Market Dynamics- Drivers, Trends and Challenges of the Glycan Analysis
Chapter 4: Presenting the Glycan Analysis Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying market size by Type, End User and Region 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Glycan Analysis market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2021-2026).
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Glycan Analysis Market is a valuable source of guidance for individuals and companies in decision framework.
Data Sources & Methodology The primary sources involves the industry experts from the Global Glycan Analysis Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
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Nonrth America Scar Treatment Market - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027
Healing of damaged tissues or wounds may create marks on the skin. These marks are referred as scars. Burn injury or other trauma condition, including surgery can also lead to a scar. Scars may be raised or recessed, different in color or texture from the surrounding healthy tissue, or particularly noticeable due to their size, shape, or location. Increasing incidents of burns is expected to boost growth of North America scar treatment market over the forecast period. For instance, according to the Centers for Disease Control and Prevention (CDC), 1.1 million burn injuries require medical attention in the U.S. annually and around 10,000 people in the U.S. die annually of burn-related infections. Increasing number of accidents and surgeries is also expected to boost growth of the market. For instance, according to 2018 Fatal Motor Vehicle Crashes: Overview by National Highway Traffic Safety Administration, a U.S. federal agency, 10,511 deaths were registered in the U.S. in 2018. Request a Sample Copy @ https://www.coherentmarketinsights.com/insight/request-sample/3305 U.S. held dominant position in North America scar treatment market in 2018, accounting for 87.9% share in terms of value, followed by Canada. High cost of laser treatment is expected to hamper growth of North America scar treatment market over the forecast period. For instance, according to the American Society of Plastic Surgeons, the average cost for laser skin resurfacing, which includes scar treatment, is US$ 2,071 for an ablative laser, whereas the average price for non-ablative laser treatment is US$ 1,144. Moreover, scar treatment can lead to several side effects, which are also expected hinder growth of the market. Side effects of ablative laser resurfacing include temporary burning discomfort, oozing, crusting, ulceration, erythema, edema, acneiform eruptions, eczematous dermatitis, and infections. Side effects of non-ablative laser include transient erythema, blistering, crusting, scarring, post-inflammatory hyperpigmentation, and post-treatment purpura lasting for up to one week. Get Free PDF Brochure of Research Report: https://www.coherentmarketinsights.com/insight/request-pdfhttps:// Increasing demand for prescription products for scar treatment is expected to offer lucrative growth opportunities for players in North America scar treatment market. Majority of the populace in North America prefer to consult qualified dermatologists and opt for prescribed products rather than using over-the-counter cosmetic products for the treatment of scars. Moreover, technological advancements in the treatment of organ scarring is also expected to boost growth of the market. For instance, in December 2019, in the journal Cell Reports, researchers from the University of California Los Angeles reported development of accurate model of organ scarring using stem cells in a lab. Topical sub segment in product type segment in North America scar treatment market was valued at US$ 2,222.8 Mn in 2018 and is expected to reach US$ 3,061.4 Mn by 2027 at a CAGR of 3.6% during the forecast period. The demand for silicon-based products is increasing in the market for scar treatment. This is owing to the ability of these products to reduce the size and darkness of scars and protect the wound from moisture and further infection. Moreover, silicone gel sheets are biocompatible (with extended wear time), repositionable, resistant to microbial growth and hydrophobicity, and are effective in treatment of burn scars, post-surgical scars, and wound scars. The market is also witnessing increasing adoption of ablative laser resurfacing (ALR) and non-ablative fractional lasers (NAFL) as the approach can offer improvement in the pigmentation and thickness of surgical scars, atrophic scars, hypertrophic scars, and hypopigmented scars. Moreover, use of ALR is effective for the treatment of traumatic and surgical scars. : U.S. • As stated by FDA, silicon sheeting for scar management is classified as class 1 device, which is considered the safest classification and does not require prescription and certification outside the U.S. • The device is exempt from the premarket notification procedures • Scar sheets are subject to general controls such as good manufacturing techniques, manufacturer’s registration with the FDA, proper branding and labelling, and general reporting procedures • According to FDA, in case of lasers, the manufacturers of electronic radiation emitting products that are sold in the U.S. are expected to comply to the Federal Food, Drug and Cosmetic Act (FFDCA), Chapter V, Subchapter C - Electronic Product Radiation Control guidelines
Major players operating in North America scar treatment market include, Smith & Nephew Inc., Merz Inc., Enaltus LLC, Oculus Innovative Sciences, Inc., CCA Industries, Cynosure, Inc., Avita Medical, Lutronics, Janssen Biotech, Inc., Luminus Inc., Syneron Medical Ltd., and NutraMarks, Inc. Key players in the market are focused on product launch and assessment to expand their product portfolio. For instance, in June 2019, AVITA Medical, a regenerative medicine company, announced new preliminary RECELL Autologous Cell Harvesting Device (RECELL System) data at the 24th annual World Congress of Dermatology Meeting. The RECELL system is used in the treatment of vitiligo and facial acne scars. Key players in the market are focused on adopting inorganic growth strategies to expand their product portfolio. For instance, in December 2019, Janssen Biotech, Inc. entered a definitive agreement to acquire all rights to the investigational compound bermekimab – an anti-IL-1alpha monoclonal antibody for the treatment of atopic dermatitis and hidradenitis suppurativa— from XBiotech Inc. Browse Full Report: www.coherentmarketinsights.com/market-insight/north-america-scar-treatment-market-3305
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