Global protein sequencing market is estimated to value over USD 1.3 billion by 2026 end and register a CAGR of above 3% during the forecast period 2019-2026.
The key factor stimulating the growth of the protein sequencing market is the increased funding for proteomics research and growing focus towards the development of the target-based drug. Advancements in analytical methods and peptide-sequencing methods have represented a lucrative opportunity for manufacturers. Technological advancements in mass spectrometer are complementing the market growth. The increasing demand for protein biomarkers in the drug development process is also playing a vital role in the expansion of the market.
The market is bifurcated into product & service, technology, application, end-user, and region. In terms of product & service, protein sequencing services are expected to be the front runner of the market. The rise in the advancement of instruments has led to more launch and availability of advanced instruments which played a vital role in the escalation of the market. Furthermore, the high cost of sequencing infrastructure and fewer complexities associated with the procedure of protein sequencing is bolstering the market.
Mass spectrometry technology is expected to witness high growth owing to its benefits such as identification of modified proteins and cost-efficiency. Prominent players aiming towards the launch of technologically advanced spectrometry instruments are propelling the market growth.
Academic institutes and research centers segment are expected to control the market growth. Rising research and development activities coupled with an increased funding from private and public institutes regarding proteomic research is escalating the growth of academic institutes and research, thus propelling the market.
North America is the global leader of the market. Increase in research and development activities alongside increased funding from government and private organizations towards proteomic research is boosting the presence of the market in the region. Furthermore, a rise in drug development activities and increasing focus towards structure-based drug design are stimulating the market in regions like the US and Canada. The presence of prominent players in the region is also positively influencing the market.

Major players of the market are SGS S.A, Thermo Fisher Scientific, Shimadzu, Agilent Technologies, Selvita, Charles River Laboratories, Waters Corporation, and Rapid Novor.
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Competitive Landscape:
· Thermo Fisher Scientific is one of the biggest players in the market and through product innovation and technological innovation bolstered the market. The company launched mass spectrometry platforms like Orbitrap, Fusion Lumos Tribrid Mass Spectrum. The product launches helped the company's growth in consumables as well
· Shimadzu in 2018, launched Quadrupole time-of-flight (Q-TOF) LCMS-9030 System
· SGS S.A acquired Vanguard Sciences Inc in 2018. The acquisition helped SGS S.A to enhance its protein sequencing offering for the safety of food
Global Protein Sequencing Market Segmentation
By Product & Service
● Sample Preparation Products & Services
● Protein Sequencing Products
▪ Reagents & Consumables
▪ Instruments
▪ Analysis Products/Software
● Protein Sequencing Services
By Technology
● Edman Degradation
● Mass Spectrometry

By Application
● Biotherapeutics
● Genetic Engineering
● Other Applications

By End User
● Academic Institutes & Research Centers
● Pharmaceutical & Biotechnology Companies
● Other End Users
By Region
● North America
● Europe
● Asia Pacific
● Latin America
● Rest of the World
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FutureWise Key Takeaways
● Growth Prospects
● SWOT Analysis
● Key Trends
● Key data-points affecting market growth

Objectives of the Study:
• To provide with an exhaustive analysis on the global protein sequencing market by product & service, by technology, by application, by end-user and by region
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• Evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America and the rest of the world
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financial and core competencies
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