Protein Crystallization and Crystallography Market – Global Market Share, Trends, Analysis and Forecasts, 2022-2032
The global protein crystallization and crystallography market was estimated at US$ 1.8 billion in 2018 and is projected to grow to a market value of about US$ 2.88 billion by 2030 at a CAGR of 3.8% over the forecast period. Protein crystallization is the method of creating protein crystals used in X-ray and crystallography studies for industrial and scientific purposes. As with some other types of molecules, proteins can easily be prompted to create crystals until the compound they are mixed into becomes supersaturated.
In physical biology, protein crystallization is also used to study the molecular structure of the protein. Moreover, increasing demand for high-resolution protein structural data anticipated to enhance the growth of the protein crystallisation and crystallography market. Increasing use of crystallization for protein elucidation as well as increase in R&D activities by several other pharmaceutical players are some key factors anticipated to drive the global protein crystallization and crystallography market.
However, lack of skilled workforce and dearth of general crystallization techniques related to the different types of proteins are anticipated to impede overall growth of the global market. Although, untapped geographies such as China, India, Russia and Brazil are expected to offer lucrative opportunities to the key players in the global protein crystallization and crystallography market during the forecast period. This report provides an extensive analysis of current and developing trends and dynamics on the globally active protein crystallizing and crystallographic market.
In order to help understand the competitive environment across the geography, a study on competitive landscape and value chains is taken into account. The global protein crystallization and crystallography market has been segmented on the basis of type, application, technology and geography. Based on type, the global protein crystallization and crystallography market has been sub-segmented into instruments, reagents/consumables, services and software. Based on application, the global protein crystallization and crystallography market has been sub-segmented into pharmaceutical companies, biotechnology companies, government institutions and academic institutions. Based on technology, the global protein crystallization and crystallography market can be categorized into X-ray Crystallography, NMR Spectroscopy, cryo-electron Microscopy, and others. Geographically, the global protein crystallization and crystallography market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Major players operating in the global protein crystallization and crystallography market include Molecular Dimensions, Jena Bioscience, QIAGEN, Tecan, MiTeGen, Bruker, Art Robbins Instruments, and Formulatrix, among others.