UK Protein Engineering Market Size & Outlook, 2020-2027
UK protein engineering market, 2016-2027 (US$M)
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UK protein engineering market highlights
- The UK protein engineering market generated a revenue of USD 97.0 million in 2020 and is expected to reach USD 286.8 million by 2027.
- The UK market is expected to grow at a CAGR of 16.8% 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 97.0 million |
| Market revenue in 2027 | USD 286.8 million |
| Growth rate | 16.8% (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, UK accounted for 6.6% 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 Europe, Germany protein engineering market is projected to lead the regional market in terms of revenue in 2027.
- UK is the fastest growing regional market in Europe and is projected to reach USD 286.8 million by 2027.
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Protein Engineering Market Scope
Protein Engineering Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 UK 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 UK is another significant market in Europe for protein engineering and is expected to grow at an exponential rate owing to increasing focus on drug discovery & development and rising government funding in pharmaceutical & biotechnology sectors.
Strategic initiatives undertaken by various major market players are anticipated to propel the market growth during the forecast period. For instance, in July 2018, Merck KGgA expanded its distribution center in the UK.
The company invested over USD 10 million to boost its distribution capabilities in the country. Therefore, rise in the number of initiatives undertaken by market players is expected to enhance the use of protein engineering in the country during the forecast period.
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Target buyers of UK 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 UK protein engineering market , including forecasts for subscribers. This country databook contains high-level insights into UK protein engineering market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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UK protein engineering market size, by technology, 2016-2027 (US$M)
UK Protein Engineering Market Outlook Share, 2020 & 2027 (US$M)
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