Organic Expansion To Bring A Major Breakthrough In The Proteomics Market

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Proteomics Market
Report Id PMRREP31378 Category Life Science
Healthcare
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Organic Expansion To Bring A Major Breakthrough
In The Proteomics Market

• Over the years, the proteomics market has created
  new opportunities in life science industries due
  to increasing usage of the technology in cancer
  drug development and personalized medicine. As
  per findings of Persistence Market Research
  (PMR), the global market for proteomics will
  witness stupendous expansion at a CAGR
  of 17 over the forecast period (2019-2029).
• With growth projected to showcase
  over 5X expansion in revenues, the global
  proteomics market remains buoyed by advancements
  in high-throughput technologies that are
  constantly being used to investigate proteomes.
  As proteomics are widely used in diagnostics,
  prognostics, and various other healthcare
  applications, there has been increasing demand
  for proteomic techniques in disease diagnostics
  and drug development.

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Key Takeaways of Proteomics Market Study    

• The reagents and kits segment under component is
  expected to contribute more than 30 of revenue
  share in the proteomics market.
• In terms of technology, the protein fractionation
  systems segment is expected to grow twice its
  size by the end of 2029.
• Leading proteomics service provider companies are
  collaborating with local proteomics service
  providers as well as research institutes to
  strengthen their market position.
• North America is dominating the global proteomics
  market, while East Asia is expected to offer
  lucrative opportunities, owing to rapid
  increasing healthcare programs and
  industrialization in the region.
• Technological advancements in proteomic
  techniques and growing demand for proteomics
  research for drug development focusing on
  large-scale manufacturing of personalized
  medicine are bringing in new avenues for market
  development, says a PMR analyst.

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