Market Trends of Global Protein Expression Industry
This section covers the major market trends shaping the Protein Expression Market according to our research experts:
Cell-free Expression is Expected to Hold a Major Market Share in the Protein Expression Market
The cell-free protein expression is well-established in the market, due to its acceptance, and this protein expression is performed without the use of living cells. This technique has many advantages over other protein expression techniques and because of its advantages, it is widely used. Due to the advantages of cell-free protein techniques, such as increased speed, ability to express toxic proteins, ease of amino acid type selective labeling, among others, these are making the cell expression market grow.
Furthermore, the growing launches of cell-free systems boost the usage of the kits and reagents. For instance, in 2019, Arbor Biosciences announced the launch of myTXTLTM bulk offerings of cell-free expression systems. These new offerings align with the growing demand for larger volume requirements by organizations utilizing high-throughput screening in protein and enzyme engineering. These cell-free expression systems are currently available from Arbor Biosciences as a Sigma 70 or a linear DNA expression master mix.
Moreover, the growing research and studies on cell-free systems, especially due to COVID is further boosting the growth of the segment. In the article 'Combating COVID-19 with Cell-Free Expression' published in October 2020, synthetic biologists pivoted the cell-free expression technology that they were using for other diseases to develop new diagnostics, materials, and treatments specifically for COVID-19.
Therefore, the unique technology may increase the growth of the cell-free expression market, which in turn, is expected to boost the protein expression market.
North America is the Largest Growing Market and is Expected to Continue the Same Trend Over the Forecast Period
North America is the largest market for protein expression and is expected to dominate the overall protein expression market due to factors like the presence of well-established healthcare infrastructure in these regions combined with the intense R&D activities carried out. The US protein expression market is driven by factors, such as an increase in the usage of protein technologies, the rapid evolution of the pharmaceutical industry in the region, and the presence of several companies in the region itself.
As per the January 2021 report of the American Cancer Society, there will be an estimated 1,898,160 new cases of cancer, and 608,570 people will die from it. The increasing demand and acceptance of gene and monoclonal antibody-based therapies in the treatment of diseases such as cancer, rare diseases, and other disorders are also driving the growth of the protein expression market in the region.
According to the Statistics Canada May 2021 report titled 'The Canadian Research and Development Pharmaceutical Sector,' in 2018, the pharmaceutical sector added almost USD 15 billion in value-added to the Canadian economy and spent about USD 1.5 billion to USD 2 billion on research and development during the same period of time.
The growing patient population and growing research and development funding in the region is boosting the market growth.
