Global Proteomics Market
Component (Instruments, Reagents, Software & Services)
The reagent segment in the proteomics market is expected to grow at a substantial CAGR of 13.4% till 2037. The growth of the segment can be attributed to the fact that reagents and consumables are in high demand due to the extensive use of kits, chemicals, strips, reagents & consumables, and other materials for the analysis of various biological samples in research labs, academic institutions, and other settings. High-quality chemical reagents are in high demand since proteomics research is complex and multidisciplinary. Mass spectrometry (MS)-based proteomics research has made use of novel chemical agents and methodologies. The goal of the synthesis of many chemical substances, including peptides and proteins, is to covalently bind them to biomolecules.
Application (Clinical Diagnostics, Drug Discovery)
Proteomics market from the drug discovery segment is expected to have a CAGR of 13.9% over the projected time frame. The drug discovery category is expected to grow at the fastest rate over the projected period. The growth of this market may be ascribed to the advancement of structure-based drug design, heightened focus on creating customized medications, and greater financial support for these initiatives. Proteomics technologies also offer a method to show early in a drug discovery programme, which helps the segment grow by saving pharmaceutical companies a lot of money and eventually helping patients and healthcare systems.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Radhika Pawar
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