India Protein Engineering Market Size & Outlook, 2020-2027
India protein engineering market, 2016-2027 (US$M)
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India protein engineering market highlights
- The India protein engineering market generated a revenue of USD 30.2 million in 2020 and is expected to reach USD 118.9 million by 2027.
- The India market is expected to grow at a CAGR of 21.6% 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.
Protein engineering market data book summary
| Market revenue in 2020 | USD 30.2 million |
| Market revenue in 2027 | USD 118.9 million |
| Growth rate | 21.6% (CAGR from 2020 to 2027) |
| Largest segment | Rational protein design |
| Fastest growing segment | Hybrid Approach |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 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, India accounted for 2.0% of the global protein engineering market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, Japan protein engineering market is projected to lead the regional market in terms of revenue in 2027.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 118.9 million by 2027.
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Protein Engineering Market Scope
Protein Engineering Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 39.07% in 2020. Horizon Databook has segmented the India protein engineering market based on rational protein design, directed evolution, hybrid approach covering the revenue growth of each sub-segment from 2016 to 2027.
India is expected to witness profitable growth over the forecast period due to an increase in the number of research activities and presence of clinical research organizations & biotechnology companies in this country.
Furthermore, availability of skilled personnel and less stringent regulations for the development of drugs in this country are some of the major factors responsible for growth of the market. In addition, rise in healthcare infrastructure and R&D activities is expected to fuel the market growth.
The Centre for Cellular and Molecular Platforms in the country aims at facilitating bioscience research by providing training, development, research, and services in state-of-the-art technology platforms. The institute also focuses on glycoproteomics research.
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Target buyers of India 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 country-level data and insights on the India protein engineering market , including forecasts for subscribers. This country databook contains high-level insights into India protein engineering market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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India protein engineering market size, by technology, 2016-2027 (US$M)
India Protein Engineering Market Outlook Share, 2020 & 2027 (US$M)
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