U.S. Research-grade Proteins Market Size & Outlook
U.S. research-grade proteins market, 2018-2030 (US$M)
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U.S. research-grade proteins market highlights
- The U.S. research-grade proteins market generated a revenue of USD 400.1 million in 2023 and is expected to reach USD 1,007.8 million by 2030.
- The U.S. market is expected to grow at a CAGR of 14.1% 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.
Research-grade proteins market data book summary
| Market revenue in 2023 | USD 400.1 million |
| Market revenue in 2030 | USD 1,007.8 million |
| Growth rate | 14.1% (CAGR from 2023 to 2030) |
| Largest segment | Cytokines & growth factors |
| Fastest growing segment | Cytokines & Growth Factors |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, U.S. accounted for 40.9% of the global research-grade proteins market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. research-grade proteins market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 108.2 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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U.S. 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 22.47% in 2023. Horizon Databook has segmented the U.S. 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 U.S. research-grade proteins market has emerged as a growing and dynamic sector within the life sciences industry. This growth can be attributed to the expansion of biotechnology, which creates the demand for highly purified and well-characterized proteins for research purposes.
Thus, the rising demand for research-grade proteins is expected to propel during the forecast period. The market is further fueled by the pharmaceutical & biopharmaceutical sectors, where protein-based therapies and drug development continue to gain prominence.
Moreover, advancements in proteomics & genomics research have created a demand for precisely engineered proteins for experimentation and analysis. For instance, in August 2023, Phase Genomics was awarded a sum of USD 2.5 million to develop a diagnostic score centered on genome-wide chromosomal abnormalities for specific cancer types.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. research-grade proteins market , including forecasts for subscribers. This country databook contains high-level insights into U.S. research-grade proteins market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. research-grade proteins market size, by product, 2018-2030 (US$M)
U.S. Research-grade Proteins Market Outlook Share, 2023 & 2030 (US$M)
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