DUBLIN–(BUSINESS WIRE)–The “Protein Stability Analysis Market by Product (Assay & Reagent, Instrument), Technique (Chromatography, Spectroscopy, SPR, DSF), End User (Pharmaceutical & Biotech Companies, Research Institute) – Global Forecast to 2024” report has been added to ResearchAndMarkets.com’s offering.
The Protein Stability Analysis Market Size is Expected to Grow from USD 1.2 Billion in 2018 to USD 2.1 Billion by 2024, at a CAGR of 10.0% During the Forecast Period.
Growing adoption of open innovation models in pharmaceutical & biotechnology companies is expected to drive the overall growth of the protein stability analysis market.
Growing adoption of open innovation models in pharmaceutical & biotechnology companies and increasing pharmaceutical outsourcing are diving this market. The key factor restraining the growth of the market includes the high cost of protein stability analysis instruments.
Chromatography segment is expected to grow at the highest CAGR during the forecast period.
The protein stability analysis market, by technology, has been categorized into chromatography, spectroscopy, surface plasma resonance imaging (SPRI), differential scanning calorimetry (DSC), differential scanning fluorimetry (DSF), and other techniques. The chromatography segment is the faster-growing segment. Chromatography has been used as an important tool in the stability analysis of protein therapeutic drugs and plays a critical role in biotechnology laboratories.
HPLC and size-exclusion chromatography is the major chromatography techniques used for protein stability analysis. HPLC is one of the most powerful tools in analytical chemistry. This technique is most commonly used to separate, identify, and measure peptides that result from the enzymatic digestion of therapeutic proteins.
North America is projected to hold the largest market share in the year 2018.
North America, comprising the US and Canada, accounted for the largest share of the protein stability analysis market in 2018. The availability of funds for research from various public and private sector organizations and increasing research activities for drug development are the major factors driving the North American market for protein stability analysis.
Companies Mentioned
- Agilent Technologies, Inc.
- Enzo Biochem, Inc.
- General Electric Healthcare
- Horiba, Ltd
- Malvern Panalytical Ltd (Spectris company)
- NanoTemper Technologies
- Perkinelmer, Inc.
- Setaram Instrumentation
- Shimadzu Corporation
- Spectris PLC
- Thermo Fisher Scientific
- Unchained Labs
- Waters Corporation
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Related Topics: Proteomics