Global Protein Engineering Market Size & Outlook

The global protein engineering market size was estimated at USD 2,599.6 million in 2023 and is projected to reach USD 7,619.3 million by 2030, growing at a CAGR of 16.2% from 2024 to 2030.
Revenue, 2023 (US$M)
$2,599.6
Forecast, 2030 (US$M)
$7,619.3
CAGR, 2024 - 2030
16.2%
Report Coverage
Worldwide

Global protein engineering market, 2018-2030 (US$M)

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Global protein engineering market highlights

  • The global protein engineering market generated a revenue of USD 2,599.6 million in 2023 and is expected to reach USD 7,619.3 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 16.2% by 2030.
  • In terms of segment, instruments accounted for a revenue of USD 1,607.3 million in 2023.
  • Instruments is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 2,599.6 million
Market revenue in 2030USD 7,619.3 million
Growth rate16.2% (CAGR from 2024 to 2030)
Largest segmentInstruments
Fastest growing segmentInstruments
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationInstruments, Reagents, Software & Services

Other key industry trends

  • In terms of revenue, the North America accounted for 40.9% of the global protein engineering market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Canada is the fastest growing regional market and is projected to reach USD 385.7 million by 2030.

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Protein Engineering Market Companies

Name Profile # Employees HQ Website
Genscript Biotech Corp Class H View profile 6937 No. 28, Yongxi Road, Jiangning Science Park, Jiangsu Province, Nanjing, China, People's Republic of, 211100 https://www.genscript.com
Agilent Technologies View profile 10001+ Santa Clara, California, United States, North America http://www.agilent.com
PerkinElmer View profile 10001+ Waltham, Massachusetts, United States, North America http://www.perkinelmer.com
Waters Corp View profile 7900 34 Maple Street, Milford, MA, United States, 01757 https://www.waters.com
Bruker Corp View profile 9707 40 Manning Road, Billerica, MA, United States, 01821 https://www.bruker.com
Bio-Rad Laboratories Inc View profile 8030 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 https://www.bio-rad.com
Danaher Corp View profile 63000 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 https://www.danaher.com
Thermo Fisher Scientific Inc View profile 122000 168 Third Avenue, Waltham, MA, United States, 02451 https://www.thermofisher.com
Merck KGaA View profile 62345 Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 https://www.emdgroup.com
Amgen Inc View profile 26700 One Amgen Center Drive, Thousand Oaks, CA, United States, 91320-1799 https://www.amgen.com

Global protein engineering market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to protein engineering market will help companies and investors design strategic landscapes.


Instruments was the largest segment with a revenue share of 61.83% in 2023. Horizon Databook has segmented the Global protein engineering market based on instruments, reagents, software & services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Protein Engineering Product Outlook (Revenue, USD Million, 2018-2030)
    • Instruments
    • Reagents
    • Software & Services
  • Global Protein Engineering Technology Outlook (Revenue, USD Million, 2018-2030)
    • Rational Protein Design
    • Directed Evolution
    • Hybrid Approach
    • De Novo Protein Design
    • Others
  • Global Protein Engineering Protein Type Outlook (Revenue, USD Million, 2018-2030)
    • Insulin
    • Monoclonal Antibodies
    • Vaccines
    • Growth Factors
    • Colony Stimulating Factors
    • Coagulation Factors
    • Interferon
    • Others
  • Global Protein Engineering End Use Outlook (Revenue, USD Million, 2018-2030)
    • Academic Research Institutes
    • Contract Research Organizations
    • Pharmaceutical & Biotechnology Companies

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Target buyers of Global protein engineering market databook

  • Our clientele includes a mix of protein engineering market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global protein engineering market , including forecasts for subscribers. This global databook contains high-level insights into Global protein engineering market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global protein engineering market size, by regions, 2018-2030 (US$M)

Top 10 countries: Protein engineering market size, 2020 (US$M)

Global protein engineering market share, by technology, 2020 & 2027 (%, US$M)

Protein engineering market: Opportunity assessment by country

Global protein engineering market, by region, 2023 (US$M)

Global protein engineering market size, by regions, 2018-2030 (US$M)

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