Japan Protein Engineering Market Size & Outlook, 2020-2027
Japan protein engineering market, 2016-2027 (US$M)
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Japan protein engineering market highlights
- The Japan protein engineering market generated a revenue of USD 69.7 million in 2020 and is expected to reach USD 210.4 million by 2027.
- The Japan market is expected to grow at a CAGR of 17.1% 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 69.7 million |
| Market revenue in 2027 | USD 210.4 million |
| Growth rate | 17.1% (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, Japan accounted for 4.7% 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 |
|---|
Japan 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 42.61% in 2020. Horizon Databook has segmented the Japan protein engineering market based on rational protein design, directed evolution, hybrid approach covering the revenue growth of each sub-segment from 2016 to 2027.
Significant increase in the number of academic and research institutes involved in life sciences and health research in the country is a major factor positively influencing the market growth in the near future.
The Foundation for Promotion of Cancer Research, established by the Ministry of Health and Welfare, aims at supporting cancer research. Furthermore, high prevalence of chronic diseases, including cancer, diabetes, and blood disorders, is anticipated to drive the market growth.
In addition, rising focus on research of such chronic diseases to develop advanced therapeutics for their treatment is expected to drive the demand for protein engineering. Thus, increase in the number of academic and research organizations in the country.
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Target buyers of Japan 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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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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Horizon Databook provides a detailed overview of country-level data and insights on the Japan protein engineering market , including forecasts for subscribers. This country databook contains high-level insights into Japan protein engineering market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Japan protein engineering market size, by technology, 2016-2027 (US$M)
Japan Protein Engineering Market Outlook Share, 2020 & 2027 (US$M)
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