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The global 3D protein structure analysis market is expected to witness significant growth owing to the high demand for studies regarding protein structure analysis in major academic and research institutes, particularly in the U.S., Germany, and U.K.
BIS Research, the global leader in providing market intelligence on deep technologies, has released its latest study titled 3D Protein Structure Analysis Market – A Global and Regional Analysis.
According to this study, the market size of the global 3D protein structure analysis market was valued at $1.01 billion in 2021 and is projected to reach $2.67 billion by 2032.
The following factors are responsible for the increase in demand for 3D protein structure analysis:
The detailed study is a compilation of 08 market data tables and 112 figures spread through 157 pages.
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Analyst’s Take on the Market Projection
According to Nitish Kumar, Principal Analyst, BIS Research, “Global 3D protein structure analysis market is a well-established market and is expected to grow further in the coming years due to the continuous technological advancements in equipment for protein structure analysis along with the increase in the use of small angle X-Ray scattering (SAXS) technique for 3D protein structure analysis.”
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Existing Competitive Landscape
The companies that are profiled have been selected based on primary research inputs gathered from a network of industry experts and analyzing company coverage, product portfolio, and market penetration.
Some of the prominent established names in this market are Bruker Corporation, JEOL Ltd., Spectris plc, Thermo Fisher Scientific Inc., Merck KGaA, Schrodinger, Inc., Molecular Dimensions, Arinax Scientific Instrumentation, Cambridge Isotope Laboratories, Inc., HAMPTON RESEARCH CORP, DNASTAR, RosettaCommons.org, Rigaku Corporation, Dassault Systemes, Jena Bioscience GmbH, and more.
Recent Developments in the Global 3D Protein Structure Analysis Market
Computational Software Segment to Witness the Highest Growth
The application of computational models in protein structure analysis has increased dramatically in recent years.
Although biopharmaceutical companies and research institute highly invest in equipment to study protein structure, the high cost of these equipment, including cryo-electron microscopy and NMR spectroscopy, is expected to remain a significant concern for growth in developing countries. On the other hand, unlike most wet-lab techniques, the computational protein modelings do not require expensive equipment or laboratory setups.
the consumable segment is expected to continue dominating the global 3D protein structure analysis market, owing to established manufacturers present in most developed and developing countries.
The segment is expected to witness the highest growth at a CAGR of 10.82% during the forecast period 2022-2032 on the heels of providing software at cost-effective prices for academic and research institutes.
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