Proteomics Market | Exactitude Consultancy Reports

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The proteomics market is expected to grow at 15.15% CAGR from 2023 to 2029. It is expected to reach above USD 74.27 Billion by 2029 from USD 21.79 Billion in 2022.

Proteomics Market Overview
A proteome is the entire set of proteins that a system or organism generates. It can change depending on the time, specifications, and stresses that an organism is subjected to. Proteomics is defined as the branch of biotechnology concerned with using molecular biology, biochemistry, and genetic techniques to examine the structure, function, and interactions of proteins produced by the genes of a specific cell, tissue, or organism, trying to organize the information in databases, and applying the data (as in medicine or biology). Proteomic research is the large-scale, systematic study of proteins. Because proteins are the basic building blocks of cells, proteomic research seeks to answer all questions about them.
Segment Analysis
The proteomics market is segmented based on products, technology, application, end user, and region, global trends and forecast.

On the basis of products, the market is segmented into instruments, reagents & kits, core proteomics services.

The worldwide proteomics market is divided into services, reagents & kits, and instruments based on product. In 2021, more than 70% of global revenue came from the reagents and kits market. The segment is anticipated to increase at the fastest rate throughout the course of the projection period. This is because academic institutions, research labs, and other institutions frequently employ reagents, kits, chemicals, and strips for the inspection of diverse biological samples, which will enhance demand for reagents & kits and support sector growth. Proteomics market expansion would also be supported by technological developments in sophisticated tools, such as 2-d electrophoresis protein analyzers, that increase the productivity, throughput, and speed of biological research.

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