Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Thermo Fisher Scientific    TMO

THERMO FISHER SCIENTIFIC

(TMO)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Growing R&D Activities to Push the Global Protein Expression Market to Garner $2491.67 Million by 2028

share with twitter share with LinkedIn share with facebook
08/14/2020 | 01:24pm EDT

According to an analysis by Triton Market Research on the global protein expression market, the industry, which generated $950.67 million in the year 2019, will grow with a CAGR of 11.30% by 2028.

A study by Triton Market Research with the title 'Global Protein Expression Market,' covers the Global Analysis and Forecast for 2019-2028 by Application (Industrial, Research, Therapeutic), by Product Type (Instruments, Reagents, Services, Expression Vectors, Competent Cells), by End-user (Pharmaceutical & Biotechnology Companies, Contract Research Organizations, Academic Research Institutes, Other End-users), by Geographical Region (Asia-Pacific, Latin America, North America, Middle East and Africa, Europe).

Protein expression refers to the manufacturing of proteins through the manipulation of the gene expression. It is used in the fields of genetic engineering and recombinant technologies.

Request Free Sample of the Global Protein Expression Market Report @ https://www.tritonmarketresearch.com/reports/protein-expression-market#request-free-sample

As per the report, the global protein expression market is anticipated to reach $2491.67 million by 2028, showcasing a CAGR of 11.30% over the projected years between 2019 and 2028.

The increasing prevalence of chronic diseases like diabetes and cardiovascular disorders is instigating demand for better treatment options, thereby driving the growth of the protein expression market. Protein expression systems are majorly used in therapeutic applications. Besides, the growing R&D activities in the field of genomics and proteomics are also favoring the market growth. However, the huge cost of the protein expression and reagents is impeding the growth of the protein expression market.

The protein expression market is segmented into three parts, application, product type and end-user. The first segment, application, includes industrial, research and therapeutic. The second segment, product type, is divided into instruments, reagents, services, expression vectors and competent cells. The last segment, end-user, divides into pharmaceutical & biotechnology companies, contract research organizations, academic research institutes and other end-users.

Considering the regional landscape, Asia-Pacific is predicted to be the fastest-growing market for protein expression over the projected period. There are several research organizations engaged in the fields of genomics and proteomics in countries like South Korea and India. The government of these countries are implementing various initiatives to develop R&D activities. Huge investments have also been made by the government towards the development of the proteomics market in South Korea. Besides, protein expression has immense potential to solve issues pertaining to medicine, food and fuel needs. This is likely to increase the adoption of protein expression in the region. Further, many public and private organizations in this market are increasingly engaging in collaborations, which is influencing the market positively.

Major companies in the protein expression market are Thermo Fisher Scientific Inc, GenScript, Takara Holdings Inc, Bio-Rad Laboratories Inc, Lonza, Biotechrabbit, Merck KGaA, Agilent Technologies Inc, Qiagen, Promega Corporation, New England Biolabs, BD (Becton, Dickinson and Company), LifeSensors, Peak Proteins Ltd and ProMab.

Purchase this Report @ https://www.tritonmarketresearch.com/reports/protein-expression-market#purchase-option

Question & Answer: Protein Expression Market

Question 1: Which are the factors driving the growth of the protein expression market?

Answer: The increasing prevalence of chronic diseases like diabetes and cardiovascular disorders is instigating demand for better treatment options, thereby driving the growth of the protein expression market. Protein expression systems are majorly used in therapeutic applications. Besides, the growing R&D activities in the field of genomics and proteomics is also favoring the market growth.

Question 2: What factor is impeding the growth of the protein expression market?

Answer: The huge cost of the protein expression and reagents is impeding the growth of the protein expression market.

Question 3: How is Asia-Pacific impacting the protein expression market outlook?

Answer: Considering the regional landscape, Asia-Pacific is predicted to be the fastest-growing region for protein expression over the projected period. There are several research organizations engaged in the fields of genomics and proteomics in countries like South Korea and India. The government of these countries is implementing various initiatives to develop R&D activities.

Huge investments have also been made by the government towards the development of the proteomics market in South Korea. Besides, protein expression has immense potential to solve issues pertaining to medicine, food and fuel needs. This is likely to increase the adoption of protein expression in the region. Further, many public and private organizations in this market are increasingly engaging in collaborations, which is influencing the market positively.

Question 4: Which are the major companies in the protein expression market?

Answer: Major companies in the protein expression market are Thermo Fisher Scientific Inc, GenScript, Takara Holdings Inc, Bio-Rad Laboratories Inc, Lonza, Biotechrabbit, Merck KGaA, Agilent Technologies Inc, Qiagen, Promega Corporation, New England Biolabs, BD (Becton, Dickinson and Company), LifeSensors, Peak Proteins Ltd and ProMab.

Related Report:

Global Biotechnology Reagents Market

The Global Biotechnology Reagents Market is likely to generate $144.74 billion by the year 2028, with a CAGR of 9.54% in the forthcoming years between 2019 and 2028.

Protein profiling is used to diagnose specific illnesses like cancer or infectious diseases like hepatitis and malaria, where particular proteins are released in the serum. Biotechnology reagents are used as a substrate in protein profiling in the diagnosis of cancer. Besides, there has been an alarming increase in the occurrence of cancer across the world. All these factors indicate an increased adoption of biotechnology reagents in the market.

There is an increase in research activities in environmental biotechnology across the world. Environmental biotecnology is used to detect & prevent the emission of pollutants in the environment. The rising R&D in this sector is likely to create business opportunities for the biotechnology reagents market. Stem cell research is another potential application of the studied market. In recent times, increasing expenditure has been witnessed in this sector, leading to an increase in the number of discoveries in stem cell research. This is likely to push the demand for the biotechnology reagents market over the coming years.

Media Contact

Company Name: Triton Market Research

Contact Person: Matt Dixson

Email: matt.tritonresearch@gmail.com

Phone: +44 7441 911839

Address:196, wards wharf approach London E16 2EQ

Country: United Kingdom

Website: https://www.tritonmarketresearch.com/

Source: www.abnewswire.com

.

(C) 2020 M2 COMMUNICATIONS, source M2 PressWIRE


Stocks mentioned in the article
ChangeLast1st jan.
AGILENT TECHNOLOGIES, INC. -1.79% 104.34 Delayed Quote.24.45%
BECTON, DICKINSON AND COMPANY 0.55% 241.6639 Delayed Quote.-11.65%
BIO-RAD LABORATORIES, INC. 0.39% 583.95 Delayed Quote.57.21%
MERCK KGAA -0.76% 130.85 Delayed Quote.25.15%
TAKARA HOLDINGS INC. -0.44% 1133 End-of-day quote.12.74%
THERMO FISHER SCIENTIFIC -0.03% 480.28 Delayed Quote.47.80%
share with twitter share with LinkedIn share with facebook
All news about THERMO FISHER SCIENTIFIC
10/22THERMO FISHER SCIENTIFIC : Expands COVID-19 Response by Adding Manufacturing Cap..
PU
10/22THERMO FISHER SCIENTIFIC : Reports Third Quarter 2020 Results
AQ
10/21THERMO FISHER SCIENTIFIC : Expects 2020 Revenue to Grow 20%
DJ
10/21THERMO FISHER SCIENTIFIC : 3Q Profit, Sales Rise
DJ
10/21THERMO FISHER SCIENTIFIC INC. : Results of Operations and Financial Condition, F..
AQ
10/21THERMO FISHER : 3Q Earnings Snapshot
AQ
10/21THERMO FISHER SCIENTIFIC : Reports Third Quarter 2020 Results
PR
10/20THERMO FISHER SCIENTIFIC : Increases Availability of COVID-19 Testing with Sampl..
AQ
10/19THERMO FISHER SCIENTIFIC : Increases Availability of COVID-19 Testing with Sampl..
PR
10/19Iconovo recruits for increased customer focus and delivery of customer projec..
AQ
More news
Financials (USD)
Sales 2020 30 626 M - -
Net income 2020 5 806 M - -
Net Debt 2020 12 098 M - -
P/E ratio 2020 32,8x
Yield 2020 0,18%
Capitalization 190 B 190 B -
EV / Sales 2020 6,60x
EV / Sales 2021 6,11x
Nbr of Employees 75 000
Free-Float 90,6%
Chart THERMO FISHER SCIENTIFIC
Duration : Period :
Thermo Fisher Scientific Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends THERMO FISHER SCIENTIFIC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 21
Average target price 495,60 $
Last Close Price 480,17 $
Spread / Highest target 14,5%
Spread / Average Target 3,21%
Spread / Lowest Target -32,3%
EPS Revisions
Managers
NameTitle
Marc N. Casper Chairman, President & Chief Executive Officer
Mark P. Stevenson Chief Operating Officer & Executive Vice President
Stephen Williamson Chief Financial Officer & Senior Vice President
Ryan Snyder Chief Information Officer & Senior Vice President
Scott M. Sperling Independent Director
Sector and Competitors