Market revenue in 2020 | USD 468.1 million |
Market revenue in 2027 | USD 1,349.3 million |
Growth rate | 16.3% (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 |
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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 39.12% in 2020. Horizon Databook has segmented the Europe protein engineering market based on rational protein design, directed evolution, hybrid approach covering the revenue growth of each sub-segment from 2016 to 2027.
The protein engineering market in Europe is expected to witness significant growth over the forecast period owing to presence of a well-established healthcare system and biotechnology industry. Increase in the number of initiatives undertaken by the government to enhance R&D activities and life science investments is expected to propel the market growth during the forecast period.
For instance, the Engineering and Physical Sciences Research Council’s UK National Mass Spectrometry Facility aims at providing analytical mass spectroscopy services. The council provides services to various academic institutions and research centers to enhance R&D activities that require mass spectroscopy.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe protein engineering market , including forecasts for subscribers. This continent databook contains high-level insights into Europe protein engineering market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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