The global protein crystallization and crystallography market is estimated to grow from USD 1.1 billion in 2020 to USD 1.7 bi...

Date : 30/06/2020 @ 18:42
Source : PR Newswire (US)

The global protein crystallization and crystallography market is estimated to grow from USD 1.1 billion in 2020 to USD 1.7 bi...

NEW YORK, June 30, 2020 /PRNewswire/ --

The increasing adoption of protein-based therapeutics is expected to drive the growth of the protein crystallization and crystallography market.



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The global protein crystallization and crystallography market is estimated to grow from USD 1.1 billion in 2020 to USD 1.7 billion by 2025, at a CAGR of 8.9% during the forecast period. The major factors driving the growth of this market include the increasing adoption of protein therapeutics, technological advancements in protein crystallization instruments and consumables, and the increasing focus on miniaturization.

Consumables segment accounted for the largest share of the protein crystallization and crystallography market, by product and service, in 2019.
Based on product and service, the protein crystallization and crystallography market is segmented into consumables, instruments, and software and services.In 2019, the consumables segment accounted for the largest share of the protein crystallization and crystallography market.

This can be attributed to the large number of reagent kits and microplates used in proteomics research.The consumables segment is further divided into reagents kits/screens, microplates, crystal mounts and loops, and other consumables.

In 2019, the microplates segment accounted for the largest share of the protein crystallization and crystallography consumables market.

Cryo-electron microscopy segment to grow at the highest CAGR in the protein crystallization and crystallography market during the forecast period
Based on technology, the protein crystallization and crystallography market is segmented into X-ray crystallography, NMR spectroscopy, cryo-electron microscopy, and small-angle X-ray scattering (SAXS).The cryo-electron microscopy segment is projected to register the highest CAGR in the forecast period.

Cryo-electron microscopy is an emerging technology where protein samples are studied at cryogenic temperatures (the temperature of liquid nitrogen). As these studies are carried out at cryogenic temperatures, they offer various advantages such as reduced thermal vibrations and greater resilience to X-rays, allowing the crystal to survive for longer durations in X-ray beams.
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Pharmaceutical companies are the largest end users of protein crystallization and crystallography products.
Based on end user, the protein crystallization and crystallography market is segmented into pharmaceutical companies, biotechnology companies, and research and government institutes.The pharmaceutical companies segment accounted for the largest share of the protein crystallization and crystallography market in 2019.

This can be attributed to the increasing demand for protein-based drugs.

The APAC market is expected to register the highest CAGR in the global protein crystallization and crystallography market during the forecast period
The APAC market, particularly in China, Japan, and India, is expected to witness high growth in the coming five years. This growth will be driven by the emergence of a large number of research institutes, growing number of collaborations in China and India, and the rising demand for proteomics research in the region.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in the protein crystallization and crystallography market. Mentioned below is the breakdown of the interviews:
• By Respondent Type: Supply Side: 80% and Demand Side: 20%
• By Designation: C-level: 20%, D-level: 55%, and Others: 25%
• By Region: North America: 50%, Europe: 20%, APAC: 20%, and the RoW: 10%

The major players operating in the global protein crystallization and crystallography market include Rigaku Corporation (Japan), Hampton Research (US), Jena Bioscience GmbH (Germany), and Bruker Corporation (US).

Research Coverage:
The study covers the market across various segments.It aims at estimating the market size and the growth potential of this market across different segments (product and service, end user, technology, and region).

The study also includes an in-depth competitive analysis of the key players operating in the market, along with their company profiles, key observations related to their product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report:
This report will help market leaders as well as new entrants in the market by providing information on the closest approximations of the revenue numbers for the overall depth filtration market and its subsegments. It will also help stakeholders to understand the competitive landscape, gain more insights to better position their businesses, and plan suitable go-to-market strategies.

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