PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1071708
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1071708
Global Protein Sequencing Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The sequence of a protein is usually notated as a string of letters, according to the order of the amino acids from the amino-terminal to the carboxyl-terminal of the protein. Either a single or three-letter code may be used to represent each amino acid in the sequence. Growing investment in pharma and biotechnology sector, increasing focus on target-based drug development has led to the adoption of Protein Sequencing across the forecast period. For Instance: As per the IBEF the pharmaceutical industry in India offers 60,000 generic brands across 60 therapeutic categories. The API industry is the world's third-largest, and it has 57% of APIs on the WHO. Incentives worth INR 21,940 Crore ($3 Mn) are approved for the Indian pharmaceuticals market. Also, with the technological advancements, the adoption & demand for Protein Sequencing is likely to increase the market growth during the forecast period. However, high infrastructure costs impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the Global Protein Sequencing Market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading region across the world in terms of market share owing to growth in the protein sequencing services segment and the launch of technologically advanced instruments. Whereas, North-America is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Factors such as increasing R&D expenditure by major pharmaceutical and biotechnology companies in the region are responsible for lucrative growth prospects for the Protein Sequencing market across North America region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
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