Protein Expression Market is projected to reach USD 2.28 billion by 2021, at a CAGR of 9.50% from 2016 to 2021

(IT-NEWSWIRE.COM, January 23, 2017 ) According to the report Global Protein Expression Market, published by Market Data Forecast, the global market is projected to reach USD 2.28 billion by 2021, at a CAGR of 9.50% from 2016 to 2021.

For full report refer to http://www.marketdataforecast.com/market-reports/global-protein-expression-market-792/

Protein expression is a vital element of proteomics that plays an important role in research by allowing the expression of genetically engineered recombinant proteins in various host cells.
Proteins are regulated and manufactured depending upon the functional need in the host cell. Biotechnology based companies are developing novel therapeutics with minimal side effects and thereby creating a huge market for Protein expression.

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Growth of the Protein Expression market is majorly driven by factors such as rise in the R&D movement in the pharma division, prospects in the field of proteomics, rising incidences of chronic diseases, and initiatives taken by the governments. Growth in the biologics market will also boost the market growth.

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Product Segmentation:
1) Based on Expression Systems:

• Yeast Expression
• Insect Expression
• Cell-Free Expression
• Bacterial Expression
• Algal Expression
• Mammalian Expression

2) Based on Products:

• Reagents
• Services
• Instruments
• Others

3) Based on Application:

• Industrial Proteins
• Cell Culture
• Research
• Therapeutic Proteins
• Transfection technologies
• Others

4) Based on End User:

• Biotechnology
• Pharmaceutics
• Academia

5) Geographical Segmentation:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

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The major companies operating in the global Protein expression market are Agilent Technologies, Life Technologies Corporation, Bio-Rad Laboratories, New England BioLabs, Merck Millipore, Takara Bio, Thermo Fisher Scientific, and Promega Corporation.

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Protein Expression Market is projected to reach USD 2.28 billion by 2021, at a CAGR of 9.50% from 2016 to 2021