The protein sequencing market comprises technologies that determine the order of amino acids that constitute a protein. The sequencing process involves identifying individual amino acids in a chain within a molecule. Protein sequencing finds applications in various areas like proteomics research, human identification, and degradome analysis. Advancements in single-molecule real-time sequencing techniques have enabled high-throughput sequencing of proteins from complex samples.

The Global Protein Sequencing Market is estimated to be valued at US$ 1.90 Bn in 2024 and is expected to exhibit a CAGR of 12% over the forecast period 2024 To 2031.

Key Takeaways

Key players operating in the protein sequencing market are Stratasys Ltd., 3D Systems Corporation, HP Inc., General Electric Company, Materialise NV, Proto Labs Inc., Voxeljet AG, ExOne Company, Autodesk Inc., Siemens AG, EOS GmbH, Renishaw plc, SLM Solutions Group AG, Carbon Inc., Desktop Metal Inc. These players are focusing on new product launches and strategic collaborations to gain a competitive advantage in the market. For instance, in 2022 Stratasys Ltd. launched its J750 Digital Anatomy 3D printer for anatomical modeling applications.

 pharmaceutical and biotechnology industries is a key factor driving the growth of the Protein Sequencing Market demand Next-generation sequencing techniques enable comprehensive protein profiling of bodily fluids, tissues, and cells, which aids in biomarker discovery and drug development.

The market is also witnessing significant expansion in the Asia Pacific region due to increasing R&D investments by governments and private organizations in countries like China, India, and Japan. For example, in 2021 the Indian government allocated a budget of $4.8 billion for scientific research which is expected to boost protein analysis adoption.

Market key trends

One of the major trends in the protein sequencing market is the rise of single-molecule real-time sequencing technologies. Third-generation sequencing platforms like Oxford Nanopore Technologies' MinION device and Pacific Biosciences' Sequel Systems offer native long-read capability to sequence full-length proteins and proteoforms in native conditions without any prior fragmentation. This enables direct assessment of post-translational modifications, alternative splicing events, gene fusions and genetic variations at transcript and protein levels. These techniques are revolutionizing proteogenomics research.

Porter’s Analysis
Threat of new entrants :Low barriers to entry allow new companies to enter the market easily, highlighting Protein Sequencing Market Challenges And Opportunities.

Bargaining power of buyers: High number of buyers gives them negotiating power over price and quality.
Bargaining power of suppliers: Limited number of raw material suppliers gives them control over input costs.
Threat of new substitutes: Advancing technologies can provide substitute products and services.
Competitive rivalry: Fierce competition exists between existing players to gain market share.

Geographical Regions
North America currently holds the largest share of the global protein sequencing market due to extensive research & development and presence of key market players in the region.

Asia Pacific is expected to grow at the fastest CAGR during the forecast period. This is attributed to growing protein research, increasing healthcare expenditure, rising Pharmaceutical industry and presence of large patient pool in emerging countries such as China and India.

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Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)