Proteomics Market size was valued at USD 25.2 billion in 2022 and is poised to grow from USD 29.35 billion in 2023 to USD 100.17 billion by 2031, growing at a CAGR of 16.55% in the forecast period (2024-2031).
According to Globocan, there will be 19.3 million new cases of cancer worldwide with 10 million reported to die from cancer. CVD is one of the leading causes of death worldwide. According to the World Health Organization, targeted diseases kill 41 million people (about twice the population of New York) each year. Thus, with the prevalence of life-threatening diseases, the demand for personalized treatment increases, creating a positive impact on the industry Another factor expected to drive the market growth is chronic diseases such as cancer, cardiovascular diseases (CVDs), upper respiratory diseases, CKD, and others
Increased investment in proteomics R&D is a driver for growth in the proteomics field. The National Institutes of Health (NIH). provided $37 billion for medical research. These funds were to support life science research that sought to understand key mechanisms of disease progression, such as identifying biomarkers of disease or identifying genes/proteins causing disease.
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Emerging Trends and Innovations
Single-cellular proteomics: The development of generation that allows the evaluation of proteins in single cells, offering insights into mobile heterogeneity and ailment mechanisms.
Example: Companies like Fluidigm are pioneering unmarried-cellular proteomics with their CyTOF® (Cytometry by Time-of-Flight) technology, which permits researchers to research protein expression in character cells.Improvements in label-free quantification are increasing the accuracy and efficiency of proteomic analysis.
Example: Bruker’s label-free quantification methods provide researchers in their mass spectrometry systems with a simple and cost-effective way to quantify proteins without the need for isotope labeling.
Bioinformatics integration: Enhanced bioinformatics tools and software for data analysis are critical for the interpretation of complex proteomics data.
Example: Thermo Fisher’s Proteome Discoverer software integrates with their mass spectrometry platforms to provide comprehensive data analysis capabilities for large-scale proteomics studies.
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Collaborative Approach and Partnership
Collaboration and partnerships are critical to innovate and expand the potential of proteomics technologies. The specialists enter into strategic agreements with academic institutions, research organizations, and other technical stakeholders.
Example: In 2020, Thermo Fisher Scientific partnered with Biognosis, a leader in next-generation proteomics solutions, to develop advanced proteomics workflows and enable data analytics.
Example: Waters Corporation has partnered with Biognosys and the Swiss Federal Institute of Technology (ETH Zurich) to boost information-independent acquisition (DIA) mass spectrometry.
In January 2023, Waters Corporation obtained Wyatt Technology, enhancing its separation and detection portfolio, and supplying customers with unheard of analytical solutions covering a huge range of packages.
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Decoding Proteins: The Expanding Frontier of the Proteomics Market
The proteomics marketplace is poised for rapid growth, pushed by means of technological advances and a deeper understanding of protein characteristic in fitness and disorder Innovations in mass spectrometry, bioinformatics, and analytical strategies are imparting greater correct protein analysis, and it goes deeper. The increasing adoption of proteomics in the drug discovery, personalized medicine and disease diagnosis highlights its critical role in modern biology and health. As R&D investments increase and collaboration between pharmaceutical manufacturers and research institutes is strong, the proteomics market is set to grow exponentially.
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