North America Research-grade Proteins Market Size & Outlook
North America research-grade proteins market, 2018-2030 (US$M)
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North America research-grade proteins market highlights
- The North America research-grade proteins market generated a revenue of USD 437.0 million in 2023.
- The market is expected to grow at a CAGR of 14.3% from 2024 to 2030.
- In terms of segment, cytokines & growth factors was the largest revenue generating product in 2023.
- Cytokines & Growth Factors is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 437.0 million |
| Market revenue in 2030 | USD 1,116.0 million |
| Growth rate | 14.3% (CAGR from 2023 to 2030) |
| Largest segment | Cytokines & growth factors |
| Fastest growing segment | Cytokines & Growth Factors |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cytokines & Growth Factors, Antibodies, Immune checkpoint proteins, Virus Antigens, Enzymes, Recombinant Regulatory Protein, Hormones |
| Key market players worldwide | Thermo Fisher Scientific Inc, Danaher Corp, Bio-Techne Corp, Sino Biological, Miltenyi Biotec, Proteintech Group, Prospec, New England Biolabs |
Other key industry trends
- In terms of revenue, North America region accounted for 44.7% of the global research-grade proteins market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 684.5 million by 2030.
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Research-grade Proteins Market Scope
Research-grade Proteins Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America research-grade proteins 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 research-grade proteins market will help companies and investors design strategic landscapes.
Cytokines & growth factors was the largest segment with a revenue share of 22.4% in 2023. Horizon Databook has segmented the North America research-grade proteins market based on cytokines & growth factors, antibodies, immune checkpoint proteins, virus antigens, enzymes, recombinant regulatory protein, hormones covering the revenue growth of each sub-segment from 2018 to 2030.
The rising research funding, presence of key players, and availability of healthcare infrastructure contribute to the high market share of North America.
For instance, in September 2022, the Department of Health and Human Services announced an investment of USD 40 million to enhance the significance of biomanufacturing in the creation of Active Pharmaceutical Ingredients (APIs), and antibiotics, l for manufacturing vital medications & addressing pandemic situations.
Similarly, in August 2023, Talus Bioscience, a biotech startup, received an investment of USD 4.3 million to boost its drug discovery & development platform. Thus, the rising investments are anticipated to propel the growth of the market in the region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America research-grade proteins market , including forecasts for subscribers. This continent databook contains high-level insights into North America research-grade proteins market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America research-grade proteins market size, by country, 2018-2030 (US$M)
North America Research-grade Proteins Market Outlook Share, 2023 & 2030 (US$M)
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