biospaceMarch 26, 2018
Tag: Cell-free Protein , Report
The "Global Cell-free Protein Expression Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 to 2025" report has been added to ResearchAndMarkets.com's offering.
The global cell-free protein expression market was valued at US$ 167.2 million in 2016, and is expected to reach US$ 282.3 million by 2025, expanding at a CAGR of 5.9% from 2017 to 2025.
Commercialisation of cell free protein system, rise in research activities in pharma sector, demand of biologics are significant factors contributing to the growth of cell free protein expression market.
As of the current market scenario, North America dominated the global cell-free protein expression market followed by the European market. Well established research and development infrastructure, rise in funding in proteomics and genomics study and demand of biologics drive the North American market. Additionally, major biopharmaceutical and biotechnological companies are based in this region, further fuelling the cell-free protein expression market. Asia-Pacific is fastest growing cell free protein expression market in forecast period.
Key Market Movements
Advancement in technology has led to use of novel expression element such as specially designed promoters that exhibit more efficient translation, genomic engineering that would aid in better translational efficiency and software controlled algorithms that facilitate better output and yield. Thus with demand of more efficient protein production, rapid process play important role in cell-free protein expression market.
Rise in research and development activities by biotechnological and pharmaceutical companies play pivotal role in cell free protein expression market. Mostly cell protein expression methods are being used these days to develop novel therapeutic with less side effects.
Companies Mentioned
Bioneer Corporation
Biotechrabbit GmbH
CellFree Sciences Co.
Cube Biotech GmbH
GeneCopoeia Inc.
Jena Bioscience GmbH
New England Biolabs
Promega Corporation
Takara Bio Inc
Thermo Fisher Scientific
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