The “Protein Crystallization & Crystallography Market by
Technology (Ion-Exchange Chromatography, HPLC, Gel-Electrophoresis, NMR, X-Ray
Crystallography), Products (Reagents & Instruments) & End-Users
(Pharmaceutical & Biotechnology Companies) - Forecast to
2018” provides a detailed overview of the major drivers, restraints,
challenges, opportunities, current market trends and strategies impacting the
global market, estimates and forecasts of revenue, and share analysis.
Browse more than 71 market data tables with 20
figures spread through 251 pages and in-depth TOC on "Protein Crystallization
& Crystallography Market".
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The global market
was valued at $775 million in 2013 and is expected to reach $1,253 million by
2018. The increasing use of crystallization for membrane protein structure
elucidation, increasing R&D by big pharmaceutical and biotechnology firms,
technological advancements, and increasing government funding are the major
factors driving the market. New and innovative product launches by key industry
players also boost the growth momentum of this market. Nevertheless, lack of
qualified and experienced researchers and reduction in healthcare budgets are
critical restraints for market growth.
The protein
crystallography market is segmented on the basis of technologies, applications,
products (instruments and reagents), and end users. Based on technology, the
global market is further segmented into protein purification, protein
crystallization, protein crystal mounting, and protein crystallography. Protein
crystallization is the most crucial and the largest segment, and it accounted
for 47% of the market in 2013. On the basis of products, the protein crystallization
& crystallography market has segments such as reagents/consumables and
instruments. Reagents/consumables accounted for 85% of the protein
crystallization & crystallography product market. It is expected to grow at
a high CAGR of 11% over the forecast period.
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The future growth prospects for the protein crystallization market are
optimistic which is estimated to grow at a CAGR of 10.1% to reach a
worldwide market of $1,253 million by 2018. The increasing use of
crystallization for membrane protein structure elucidation, increasing R&D
by big pharmaceutical and biotechnology firms, technological advancements, and
increasing government funding are all factors that are expected to fuel the
growth of the market in the near future. However, insufficiency of qualified
and experienced researchers, lack of generalized crystallization methods
associated with the types of proteins, and highly time-consuming and expensive
protein crystallization and crystallography processes are expected to hinder
the growth of this market during the forecasted period. The key unmet market
needs provide huge opportunities for both, the key players and new entrants in
this industry.
North America is the largest market, closely followed by Europe. Both
markets will register high single-digit growth rates for the next five years.
The Asian market is poised to grow at a double-digit rate owing to the
increasing investment opportunities for companies in these immature markets and
the increased focus of pharmaceutical and biotechnology companies towards the
Asian region as an R&D outsourcing destination.
The market is dominated by Rigaku Corporation (Japan), followed by
Hampton Research (U.S.), Jena Bioscience GmbH (Germany), Molecular Dimensions
Ltd. (U.K.), Formulatrix, Inc. (U.S.), Bruker Corporation (U.S.), and MiTeGen
LLC (U.S.).
Browse related reports:
Proteomics
Market (Protein Microarray, Mass Spectrometry, NMR Spectroscopy, Chromatography,
Electrophoresis, Surface Plasmon Resonance, X-ray Crystallography) -
Instruments, Reagents & Services - Trends & Global Forecasts to 2017
Protein Engineering Market [Products
(Monoclonal Antibody, Insulin Analog, Modified EPO), Technology (Sequential
Modification, Glycosylation, PEGylation), and Applications (Therapeutics,
Diagnostics, Research)] - Global Forecast to 2017
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