Global Protein Engineering Market 2018-2022

This market research report presents a comprehensive analysis of the global protein engineering market by end-user such as pharmaceutical and biotechnology companies, academic institutions and research laboratories, and CROs. The report also provides an analysis of the market’s growth prospects in regions such as the Americas, APAC, and EMEA.

Protein engineering market forecasts

There have been growing incidences of chronic diseases leading to the rising novel therapeutics. Several protein engineering products including monoclonal antibodies often provide therapeutic remedies for ailments such as genetic disorders, cancer, and autoimmune diseases. It also offers therapeutic remedies for chronic diseases including HIV/AIDS. As a result, the rising prevalence of infectious and chronic diseases has increased the demand for monoclonal antibodies, eventually boosting the growth of the protein engineering market.

Technavio’s market research analysis identifies the increasing incidences of diseases creating a demand for novel protein therapeutics as one of the primary driving factors for the growth of this market during the next few years. According to market research analysts, this market will grow at a CAGR of about 16% by 2022.

Protein engineering market trends

The increasing application of protein engineering in enzyme technology is gaining traction in the market. Various industries involving processes such as pulp bleaching require enzymes with robust activity at high pH and temperatures. These enzymes could be used in combination with protein engineering tools for discovering enzymes such as proteases, an important component in laundry detergents. Consequently, the use of protein engineering in developing enzymes useful in different industries will further contribute significantly to the growth of the protein engineering market size throughout the forecast period.

Protein engineering market growth: Companies covered

The protein engineering market is characterized by the presence of both international and regional players. With the growing application of protein engineering in enzyme technology offering several opportunities, the players of the market are increasingly focused on expanding their product portfolio across the globe. To help clients improve their revenue shares in this competitive market, Technavio’s market research report on the protein engineering market offers information about the key initiatives and strategies followed by the market players and provides an in-depth analysis of the market’s competitive landscape.

This research report provides an analysis of protein engineering market key vendors

• Agilent Technologies
• Genscript
• Intrexon
• Lonza
• Perkin Elmer
• Thermo Fisher

Protein engineering market segmentation by end-user

• Pharmaceutical and biotechnology companies
• Academic institutes and research laboratories
• CROs

The pharmaceutical and biotechnology companies segment accounted for the largest share of the protein engineering market during 2017. According to Technavio’s market research analysts, this segment will continue its market dominance throughout the forecast period.

Protein engineering market segmentation by geography 

• Americas
• APAC
• EMEA

The Americas accounted for the largest share of the protein engineering market during 2017. According to Technavio’s market research analysts, this regional segment is likely to continue its dominance in the protein purification market throughout the forecast period.

Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global protein engineering market?
• What are the key market trends impacting the growth of the global protein engineering market?
• What are the challenges to market growth?
• Who are the key vendors in the global protein engineering market?
• What are the market opportunities and threats faced by the vendors in the global protein engineering market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global protein engineering market?

Technavio also offers customization on reports based on specific client requirement.