Global Protein Analysis Market is Estimated to Reach $20 Billion by 2025
Global Protein Analysis Market report published by Accurize Market Research forecast that the global market is expected to reach $20 billion by 2025; growing at a CAGR of 10.5% from 2017 to 2025. By geography, the Asia Pacific and North America is expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
Increase in the number of clinical trials for testing future treatment possibilities of cord blood, rising awareness about the life-saving power of umbilical cord blood protein analysis to drive the global market
Rising demand and Food and Drug Administration (FDA) approvals of personalized medicines due to their numerous health benefits fuel the growth of the global protein analysis market. Moreover, the rising elderly population and a growth in lifestyle might also provide growth opportunities.
The global protein analysis market is split into end-use, instrumentation/reagent technology, type of disease/diagnostic, type of service and industry application, and geography. End-use is segmented into drug discovery and R&D, clinical diagnosis, and others.Instrumentation/reagent technology is further divided into mass spectrometry, biochips, chromatography, microscale thermophoresis, NMR spectroscopy, electrophoresis, and others. Type of disease/diagnostics segmented into cancer, infectious diseases, diabetes, neurological disorders, cardiovascular diseases, autoimmune d