Global Proteomics Market – Major Growth Boosting Factors
Seeking Alpha Analyst Since 2014
#Healthcare Consultant focusing on #TeleHealth #TeleMedicine #PatientPortals #CVIS #HCIT #MedicalRobots #Vaccines #MedicalDevices #WirelessHealth #Biotechnology
Summary
- Growing Prominence of Nanoproteomics—The Convergence of Nanotechnology And Proteomics.
- Personalized Proteomics for Precision Health.
- High Growth Opportunities in Emerging Countries.
Objectives of the Study:
# To define, describe, segment, and forecast the Global Proteomics Market by instrumentation technology, reagent, services and software, application, end user, and region.
# To provide detailed information about the factors influencing market growth (such as drivers, restraints, opportunities, and industry-specific challenges).
# To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market.
# To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players.
# To forecast the size of the proteomics market in five main regions along with their respective key countries (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
# To profile key players in the global proteomics market and comprehensively analyze their core competencies and market shares.
# To track and analyze competitive developments such as acquisitions; product launches; expansions; collaborations, partnerships, & agreements; and R&D activities of the leading players in the proteomics market.
What the Market Looks Like?
The proteomics market is projected to reach USD 38.7 billion by 2024 from USD 19.5 billion in 2019, at a CAGR of 14.7%.
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Global Geographical Scenario:
North America to dominate the proteomics market during the forecast period
In 2018, North America dominated the global proteomics market, followed by Europe. Increasing investments in the development of structure-based drug designs, growing academic and government investments in genomics and proteomics research, rising demand for high-quality research tools for data reproducibility, and rising focus of stakeholders on research projects involving proteins, associated biomolecules, and genes are the factors propelling the growth of the market in the region.
What Drives the Market?
The growth of the global Proteomics Industry is primarily influenced by the following factors:
# Increasing Demand for Personalized Medicine
# Proteomics Bridges The Gap Between Genomics And Biochemistry
# Increasing Pharmaceutical And Biotechnology R&D Expenditure And Government Funding for Proteomics
# Technological Advancements
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