Covid-19 Impact on Protein Engineering Market is Expected to Grow at an Impressive CAGR by 2028

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The protein engineering market was estimated at USD 2.6 billion in 2021 and is likely to grow at a CAGR of 12.49% during 2022-2028 to reach USD 5.96 billion in 2028.

Stratview Research has published a report on the Protein Engineering Market based on information acquired from reliable sources, qualitative and quantitative research by experts, and insights from industry veterans and key players across the value chain. The report provides a thorough analysis of present and upcoming market trends, market dynamics, factors affecting the industry, and growth strategies. This report also provides an in-depth analysis of the impact of the COVID-19 pandemic on the market.

Market Insights

The protein engineering market was estimated at USD 2.6 billion in 2021 and is likely to grow at a CAGR of 12.49% during 2022-2028 to reach USD 5.96 billion in 2028

What is protein engineering?

Protein engineering is the process of altering a protein sequence to attain the desired result such as increased stability to the temperature, organic solvents, and/or extremes of pH or a change in the substrate capacity. 

What you can find in this report –

The report has been compiled by using a variety of analytical methodologies and has analysed data on the key players, market scope, and much more. The researchers at Stratview Research have studied the growth of the top competitors in the Protein Engineering Market.

Key Features: The report covers the revenue, production rate, import/export, supply/demand, market share, CAGR, etc. Furthermore, the research provides in-depth information on current trends, growth drivers, and competition.

Regional Analysis: The present report throws light on the regional analysis of the Protein Engineering Market. The data given can be used to get an idea of trends, patterns, threats or challenges, and many such phenomena. On the basis of region, the report mentions that,

In terms of regions, North America is estimated to be the largest market during the forecast period. The presence of well-established CROs, increasing investment in RD, and the availability of the latest techniques and instruments for drug discovery research are the major factors behind the dominance of the North American market.

Asia-Pacific is expected to be the fastest-growing market during the forecast period. Advancements in genomics and proteomics research and government initiatives and funding for protein-based drug research in key countries are the major factors behind the extraordinary growth of the region’s market.

Linchpins in the Protein Engineering Market

After a thorough investigation of the market and its players, market experts have listed some key players in the report. Here is the list -

  • Bio-Rad Laboratories, Inc.,
  • Thermo Fisher Scientific, Inc.,
  • Bruker Corporation,
  • Agilent Technologies, Inc.,
  • Waters Corporation,
  • Danaher Corporation,
  • Codexis, Inc.,
  • New England Biolabs, Inc.,
  • PerkinElmer,
  • Innovagen AB,
  • GE Healthcare,
  • CUSABIO TECHNOLOGY LLC,
  • Promega Corporation,
  • Merck KGaA,
  • GenScript Biotech Corporation,
  • Takara Bio, Inc.,
  • Enantis S.R.O.,
  • InvivoGen,
  • Pace Analytical,
  • Aspira Chemical,
  • Zymeworks, Inc.,
  • Abzena, Ltd.,
  • PhyNexus, Inc.,
  • ProteoGenix,
  • Creative Biolabs.

Competitive Analysis:

Understanding the strategies of rivalry is critical and Stratview Research does this for its users. This report includes an analysis of the key competitors, the products/services, the differentiators, and market shares, etc.

Critical Questions Answered in the Report

  • What are the key trends in the Protein Engineering Market?
  • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
  • What is the impact of COVID-19 on the market?
  • What are the key strategies adopted by the major vendors to lead in the Protein Engineering Market?
  • What is the market share of the top vendors?

Customization of the Report:

This report can be customized to meet the user’s requirements. Stratview research offers custom research services across the sectors.

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