Global Protein Sequencing Market: Overview
Protein sequencing is a popular de novo sequencing method for the determination and analysis of the amino acid sequence from the mass spectrum. The process enables researchers obtain information about protein conformation. Protein sequencing has established itself as high-throughput proteomic technique and have several applications. One of the prominent applications is in target-based drug discovery. A range of various computational methods and experimental methods, notably Edman degradation and Mass Spectrometry, are used for protein sequencing. Several biotechnology and pharmaceutical companies are making sizeable investments on utilizing protein sequencing in drug development.
Protein sequencing are extensively used in protein engineering studies and for identifying new protein biomarkers. The technique has also gained some traction in cDNA library screening. Growing role of biotherapeutics and genetic engineering is expected to underpin the evolution of the protein sequencing market.
The report offers critical assessment of key growth dynamics and emerging application avenues in various regions. The study presents elaborate and evidence-driven insights on technology advancements and key end-user trends.
Global Protein Sequencing Market: Trends and Opportunities
Increasing focus on target-based drug development activities by biotechnology and pharmaceutical companies in various developing and developed regions is a key factor driving the market. Recent advances in de novo peptide-sequencing methods and analytical methods, with the application of neural networks, have opened new avenues in the market. Technological advances in mass spectrometer is a case in point. Rising funding on proteomics research in numerous developing and developed nations is a key factor boosting the market. The rising demand for protein biomarkers in drug development process is a key trend fueling the rapid expansion of the protein sequencing market.
However, the uptake of protein sequencing method is constrained by the high cost of infrastructures and equipment, such as that of mass spectrometers. The growing application of protein sequencing technique for identifying novel peptides in human antibodies and antigens is also boosting the market. Furthermore, the paucity of adequate technological expertise and laboratory infrastructures in some parts of the world are factors that hinder the market to realize its full potential. Nevertheless, technological advancements for the identification of isobaric residues in protein sequences are expected to unlock vast potential prospect in the global protein sequencing market.
Global Protein Sequencing Market: Regional Outlook
Of all the regions, North America holds an enormous potential in the protein sequencing market. Substantial size in regional revenues over the assessment period is driven by burgeoning research and development expenditure of prominent pharmaceutical and biotechnology companies. In addition, several public and private organizations have committed large funds on proteomic research. Rising focus of players on structure-based drug design and the advent of technologically-advanced analytical methods used in protein sequencing are bolstering the regional demand.
Global Protein Sequencing Market: Competitive Landscape
Several top players are aimed at launching cutting-edge mass spectrometry platforms to gain unique competitive edge over their peers in the global protein sequencing market. Some prominent companies are also consolidating their overall presence by strengthening the sales of reagents and consumables. Top players operating in the market include Thermo Fisher Scientific, Bioinformatics Solutions, Charles River Laboratories, SGS S.A., and Shimadzu Corp.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.