The global protein expression market is expected to grow at a CAGR of 8.83% between 2013 and 2018, to reach $1,396.68 million in 2018. Protein expression refers to the way in which proteins are synthesized, modified, and regulated in living organisms. The expression and production of recombinant proteins has numerous commercial applications. The growth of this market will be governed by the increasing intensity in research and the rise of biologics and proteomics markets. However, the R&D expenditure cuts and the high degree of market consolidation will restrain the growth of market during the forecast period between 2013 and 2018.
The report provides a granular understanding of the global protein expression market. It segments the global market by expression systems, products, applications, and end users. Insect, mammalian, prokaryotic, yeast, and others are the expression system segments of the market. The prokaryotic expression system segment commanded the largest share of the global market in 2013. The mammalian cell expression system segment is poised to grow at the highest CAGR between 2013 and 2018, owing to the increase in demand of therapeutic proteins with appropriate post-translational modifications.
The applications segment of the global protein expression market comprises of industrial proteins, research applications, and therapeutic proteins. Of these, the therapeutic proteins segment commanded the largest share of the global market in 2013. It is also poised to grow at the highest CAGR between 2013 and 2018, owing to the versatile advantages of therapeutic proteins over small molecule drugs to alleviate diseases.
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The product segments of the global market included in this report are competent cells, expression vectors, instruments, reagents, and services. The reagents segment commanded the largest share of the global market, while the services segment is poised to grow at the highest CAGR between 2013 and 2018 on account of the rising trend of services that provide custom optimization of protein expression for emerging research labs and companies who lack resources and expertise.
The end-user segments of the global protein expression market included in this report are academic research, contract research organizations, pharmaceutical and biotechnological companies, and others. The pharmaceutical and biotechnological companies segment commanded the largest share of the global market, while the contract research organizations segment is poised to grow at the highest CAGR between 2013 and 2018 due to the growing trends of outsourcing by pharmaceutical and biotechnological companies.
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The geographic segments of the global protein expression market are Asia, Europe, North America, and Rest of the World (RoW). The Asia segment includes the regional segments of China, India, Japan, and Rest of Asia (RoA). The Europe segment is further divided into the regional segments of France, Germany, Italy, Spain, the U.K., and the Rest of Europe (RoE). North America is further divided into regional segments of Canada and the U.S. The RoW segment is further divided into the regional segments of Latin America, Middle East and Africa, and Pacific countries.
The report maps expression system, product, application, and end-user profiles in each of the above mentioned regional and geographic segments. It provides a granular understanding of the current market size and provides a market forecast to 2018.
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