Protein Characterization And Quantification Market Size (2024 - 2029)

Protein Characterization And Quantification Market Analysis

The Protein Characterization And Quantification Market is expected to register a CAGR of 9.5% during the forecast period.

Factors such as increasing adoption of biologics, increasing R&D expenditure, and government funding for proteomics and technological advancements in protein characterization and quantification are expected to boost the market's growth during the forecast period.

The growing adoption of biologics is due to the increasing prevalence of chronic diseases and technological advancements in research and development. For instance, a report by the Convention on Pharmaceutical Ingredients (CPHI) in October 2023 highlighted a significant growth in the demand for biologics, owing to its potential to treat diseases previously considered untreatable or difficult to manage, across the world. Thus, the increasing adoption of biologics for treating various chronic diseases propels the growth of protein characterization and identification systems as it plays a crucial role in ensuring the quality, safety, and efficacy of biological drugs.

Similarly, according to a report published by Scorpius Biomanufacturing in May 2023, the demand for biologic drugs rose at 12–14% annually due to an expanding range of modalities like proteins, antibodies, cell therapies, and vaccines. Thus, the increasing adoption of biologics for treating various chronic diseases propels the growth of protein characterization and identification systems as it plays a crucial role in ensuring the quality, safety, and efficacy of biological drugs. Thus, with the expansion of the biologics segment, the need for accurate analysis of protein structures, post-translational modifications, and impurities drives the need for advanced characterization technologies, thereby propelling the market's growth.

Furthermore, governments and private bodies promote research in proteomics and protein studies by raising funds. As a result, the protein detection and quantification market is expected to grow significantly in the coming years. For instance, in January 2023, Novo Holdings invested more than USD 40 million into Evosep, a proteomics technology company leading the standardization of proteomics for clinical applications. This substantial investment is designated to propel the clinical applications of proteomics, leveraging Evosep's cutting-edge liquid chromatography platform. With this investment, Evosep is poised to bolster its global footprint and make significant inroads into the burgeoning US market, offering a robust, high-throughput proteomics solution to a wider clientele.

Moreover, in June 2023, a study in cells highlighted the potential of high-throughput proteomics (HTP) in functional proteomics through a collaboration involving Kustatscher, Ralser, and Christoph Messner. Kustatscher and team leveraged HTP-MS proteomics, employing data-independent acquisition (DIA), to conduct the most extensive proteomic analysis. The research delved into the proteomes of 4,699 strains of Saccharomyces cerevisiae, each with a distinct gene deletion. The study enabled researchers to understand how the proteome responds to genetic changes, offering functional insights into numerous lesser-known yeast genes. Consequently, these findings provide crucial biological understandings that were previously impossible at this scale.

Therefore, owing to the high adoption of biologics, rising research investments, and the utilization of novel technologies in proteomics studies, the studied market is anticipated to grow over the analysis period. However, the high cost associated with instrumentation is anticipated to impede the growth of the protein characterization and quantification market during the forecast period.

Protein Characterization And Quantification Industry Segmentation

As per the scope of the report, protein characterization involves using experimental methods that allow for the detection and isolation of a protein and its purification, as well as the characterization of its structure and function. On the other hand, protein quantification is required to determine the total protein content of a sample or a formulated product.

The protein characterization and quantification market is segmented by product and services, application, end user, and geography. By product and services, the market is segmented into consumables, instruments (mass spectrometry instruments, chromatography instruments, electrophoresis instruments, label-free detection instruments, spectroscopy instruments, and other instruments), and services. By application, the market is segmented into drug discovery and development, clinical diagnosis, and other applications. By end user, the market is segmented into pharmaceutical and biotechnology companies, contract research organizations, and other end users. By geography, the market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and South America. The report offers the value (USD) for the above segments.