Protein stability analysis is one of the basic assays that are performed in research laboratories and pharmaceutical companies and therefore the protein stability analysis market is on a rise. Pharmaceutical companies are constantly looking for the development of new drugs and thus increasing the demand for protein stability analysis techniques. Due to an increase in government funding, research institutes are involved heavily in discovering new diseases and therapies and therefore helping this market to grow.
Jersey City, New Jersey, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Verified Market Research recently published a report, “Protein Stability Analysis Market” By Product (Reagents and Assay Kits, Instruments, Consumables and Accessories, and Software), By Technique (Chromatography, Spectroscopy, and Surface Plasmon Resonance), By End User (Pharmaceutical and Biotechnological Companies, Contract Research Organizations, and Academic and Government Institutes), and By Geography. According to Verified Market Research, the Global Protein Stability Analysis Market size was valued at USD 2,354.76 Million in 2020 and is projected to reach USD 5,153.43 Million by 2028, growing at a CAGR of 10.10% from 2021 to 2028.
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Global Protein Stability Analysis Market Overview
The Protein Stability Analysis market is expected to drive due to the upsurging number of recombinant protein therapeutics and developing pharmaceutical outsourcing across the globe. Protein Stability is one of the fundamental properties that affect organ and body function, activity, and regulation of biomolecules within a body. In addition to this, protein stability changes are majorly found in the form of mutated proteins which are significantly involved in several disease prevalences. Stability predictors computationally predict protein–stability changes caused by mutations. Thus, the need for protein-based therapeutics has been increased over the past couple of decades. On the other hand, therapeutic proteins are produced by recombinant DNA technology that includes recombinant hormones, interferons, interleukins, hematopoietic growth factors, tumor necrosis factors, blood-clotting factors, thrombolytic drugs, enzymes, monoclonal antibodies vaccines, and many others. These proteins majorly lead to the majority of severe diseases. Thus, the need for protein stability analysis has increased significantly.
Moreover, over the past couple of decades, there has been a significant trend among pharmaceutical manufacturers and service providers to upsurge the outsourcing of research and developments, drug discovery, and manufacturing of pharmaceutical products and techniques such as protein stability analysis, recombinant protein therapeutics, and many others. Since it is one of the effective ways of reducing capital costs and gaining access to capacity and capabilities that might not be available in-house. Thus, leading to a substantial increase in the adoption of pharmaceutical outsourcing. However, the lack of skilled medical professional protein stability equipment manufacturing, as well as respective research and developments, has significantly limited the growth of the protein stability analysis market growth.
Key Developments in Protein Stability Analysis Market
Thermo Fisher Scientific Acquired PPD, Inc., a Leading Clinical Research Organization. The acquisition Offers both meaningful cost and revenue synergies which will further accelerate growth.
Agilent Technologies Inc has acquired Resolution Bioscience, a healthcare research company specializing in NGS technology, molecular biology, cancer diagnostics, and more.
The major players in the market are Agilent Technologies Inc., Enzo Biochem Inc., GE Healthcare, Shimadzu Corporation, Thermo Fisher Scientific, Horiba Ltd., NanoTemper Technologies, and Waters Corporation.
Verified Market Research has segmented the Global Protein Stability Analysis Market On the basis of Product, Technique, End-User, and Geography.
Protein Stability Analysis Market, By Product
Reagents and Assay Kits
Consumables and Accessories
Protein Stability Analysis Market, By Technique
Surface Plasmon Resonance
Protein Stability Analysis Market, By End-User
Pharmaceutical and Biotechnological Companies
Contract Research Organizations
Academic and Government Institutes
Protein Stability Analysis Market by Geography
Rest of Europe
Rest of Asia Pacific
Middle East & Africa
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