Asia Pacific Protein Engineering Market Size & Outlook
Asia Pacific protein engineering market, 2016-2027 (US$M)
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Asia Pacific protein engineering market highlights
- The Asia Pacific protein engineering market generated a revenue of USD 240.6 million in 2020.
- The market is expected to grow at a CAGR of 18.7% from 2021 to 2027.
- In terms of segment, rational protein design was the largest revenue generating technology in 2020.
- Hybrid Approach is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2021 to 2027.
Asia Pacific data book summary
| Market revenue in 2020 | USD 240.6 million |
| Market revenue in 2027 | USD 799.6 million |
| Growth rate | 18.7% (CAGR from 2020 to 2027) |
| Largest segment | Rational protein design |
| Fastest growing segment | Hybrid Approach |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rational Protein Design, Directed Evolution, Hybrid Approach |
| Key market players worldwide | Agilent Technologies, Bruker Corp, Thermo Fisher Scientific Inc, PerkinElmer, Waters Corp, Bio-Rad Laboratories Inc, Merck KGaA, Danaher Corp, Genscript Biotech Corp Class H, Amgen Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 16.3% of the global protein engineering market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 799.6 million by 2027.
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Protein Engineering Market Scope
Protein Engineering Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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.
Rational protein design was the largest segment with a revenue share of 41.94% in 2020. Horizon Databook has segmented the Asia Pacific protein engineering market based on rational protein design, directed evolution, hybrid approach covering the revenue growth of each sub-segment from 2016 to 2027.
Japan, China, and India are major contributors to Asia Pacific protein engineering market. The regional market is expected to exhibit the highest growth during the forecast period owing to the presence of clinical research organizations and growing biotechnology industry in this region.
Presence of developing economies & leading biotechnology companies and high prevalence of chronic diseases are some of the other factors propelling the market growth in this region. In addition, continuous R&D activities and strategic alliances by key market players for designing enhanced & innovative products are expected to fuel the market growth over the forecast period.
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Target buyers of Asia Pacific protein engineering market databook
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Our clientele includes a mix of protein engineering market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 continent-level data and insights on the Asia Pacific protein engineering market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific protein engineering market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Asia Pacific protein engineering market size, by country, 2016-2027 (US$M)
Asia Pacific Protein Engineering Market Outlook Share, 2020 & 2027 (US$M)
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