DUBLIN--(BUSINESS WIRE)--The "Protein Crystallization & Crystallography Market by Technology (NMR, X-Ray Crystallography), Product & Service (Instrument (Liquid Handling (Automated)), Consumable (Reagent, Microplate) End User, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The protein crystallization and crystallography market is projected to reach USD 1,653.3 million by 2025 from USD 1,079.0 million in 2020, at a CAGR of 8.9% during the forecast period.
The major factors driving the growth of this market include the increasing adoption of protein therapeutics, technological advancements in protein crystallization instruments and consumables, and the increasing focus on miniaturization.
Consumables segment accounted for the largest share of the protein crystallization and crystallography market, by product and service, in 2019.
Based on product and service, the protein crystallization and crystallography market is segmented into consumables, instruments, and software and services. In 2019, the consumables segment accounted for the largest share of the protein crystallization and crystallography market. This can be attributed to a large number of reagent kits and microplates used in proteomics research. The consumables segment is further divided into reagents kits/screens, microplates, crystal mounts and loops, and other consumables. In 2019, the microplates segment accounted for the largest share of the protein crystallization and crystallography consumables market.
Cryo-electron microscopy segment to grow at the highest CAGR in the protein crystallization and crystallography market during the forecast period
Based on technology, the protein crystallization and crystallography market is segmented into X-ray crystallography, NMR spectroscopy, cryo-electron microscopy, and small-angle X-ray scattering (SAXS). The cryo-electron microscopy segment is projected to register the highest CAGR in the forecast period. Cryo-electron microscopy is an emerging technology where protein samples are studied at cryogenic temperatures (the temperature of liquid nitrogen). As these studies are carried out at cryogenic temperatures, they offer various advantages such as reduced thermal vibrations and greater resilience to X-rays, allowing the crystal to survive for longer durations in X-ray beams.
Pharmaceutical companies are the largest end-users of protein crystallization and crystallography products.
Based on end-user, the protein crystallization and crystallography market is segmented into pharmaceutical companies, biotechnology companies, and research and government institutes. The pharmaceutical companies segment accounted for the largest share of the protein crystallization and crystallography market in 2019. This can be attributed to the increasing demand for protein-based drugs.
The APAC market is expected to register the highest CAGR in the global protein crystallization and crystallography market during the forecast period
The APAC market, particularly in China, Japan, and India, is expected to witness high growth in the coming five years. This growth will be driven by the emergence of a large number of research institutes, a growing number of collaborations in China and India, and the rising demand for proteomics research in the region.
- Increasing Demand for Protein Therapeutics
- Technological Advancements
- Increasing Focus on Miniaturization
- High Cost of Instruments
- Emerging Markets
- Dearth of Skilled Professionals
- Bruker Corporation
- Rigaku Corporation
- Hampton Research
- Agilent Technologies
- Corning Incorporated
- Tecan Group
- Saromics Biostructures
- Spectris Plc
- Charles River Laboratories
- Thermo Fischer Scientific
- Creative Biostructure
- Anton Paar Gmbh
- Jena Bioscience Gmbh
- Calibre Scientific, Inc.
- Arinax Scientific Instrumentation
- Helix Biostructures, Llc
- Greiner Bio-One International
- Douglas Instruments Limited
- Art Robbins Instruments
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