Artificial Intelligence Is Fastest Growing Segment Fueling The Growth Of The Global Gproteomics Market

 

PROTEOMICS MARKET
Proteomics Market


The global Proteomics Market is estimated to be valued at Us$ 36.8 Bn in 2023 and is expected to exhibit a CAGR Of 14% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.

 

Market Overview:


Proteomics deals with the large-scale study of proteins, particularly their structures and functions. Advances in proteomics technologies are increasingly being used for early disease detection, drug development, and personalized medicine.

 

Market key trends:


One of the key trends in the proteomics market is the integration of artificial intelligence and machine learning. AI is helping analyze huge proteomics data sets to discover patterns and insights. It allows researchers to identify potential drug targets, biomarkers, and gain a system-level understanding of disease pathways. AI algorithms can analyze proteomic profiles of healthy and diseased samples and identify differences indicating biomarkers or drug targets. This is streamlining the drug discovery process and pushing the boundaries of personalized medicine.

 

 

Segment Analysis


The global proteomics market is segmented by products and services, application, technology, and end user. Based on products and services, instruments dominated the market in 2023. Mass spectrometry-based instruments held the largest share as they provide high-throughput identification and characterization of proteomes. Based on application, drug discovery dominated the market in 2023 due to the increasing adoption of proteomic technologies for target identification and validation in drug development process.

 

Key Takeaways


The Global Proteomics Market Demand is expected to witness high growth, exhibiting CAGR of 14% over the forecast period, due to increasing research activities in omic areas such as genomics and proteomics.

Regionally, North America dominated the proteomics market in 2023. This is attributed to the presence of high-quality infrastructure for proteomics research and increasing investments in the region by government and private companies. Europe was the second largest regional market. Asia Pacific is anticipated to be the fastest-growing regional market for proteomics during the forecast period due to rising R&D spending, increasing government funding for healthcare innovations, and growing focus on clinical proteomics.

 

Key players operating in the proteomics market are Thermo Fisher Scientific, Inc. (US), Danaher Corporation (US), Merck KGaA (Germany), Agilent Technologies, Inc. (US), and Waters Corporation (US). Thermo Fisher Scientific is the market leader due to its wide product portfolio in mass spectrometry, consumables, and reagents for research and clinical applications. Danaher Corporation offers a comprehensive range of chromatography, mass spectrometry, and reagents.


Explorer more information on this topic, Please visit :

https://www.insightprobing.com/rising-investments-in-medical-proteomics-research-projected-to-boost-the-growth-of-proteomics-market/

Comments

Post a Comment

Popular posts from this blog

The Promising Neuroregeneration Therapy Market Will Grow At Highest Pace Owing To Growing Prevalence Of Neurodegenerative Diseases

Image
  Neuroregeneration Therapy Market Neuroregeneration therapy aims to reinstate nerve function lost through injury or disease. Some of the key advantages of these therapies include facilitating nerve regeneration to restore lost neural connections and reducing demyelination leading to improved nerve conduction. The therapies are finding increasing use in treating chronic conditions like Alzheimer's disease, Parkinson's disease and spinal cord injuries. The global Neuroregeneration Therapy Market is estimated to be valued at US$ 13.45 Billion in 2024 and is expected to exhibit a CAGR Of 16% over the forecast period 2024 To 2030 . Key players operating in the neuroregeneration therapy are Boeing, General Atomics, Israel Aerospace Industries Ltd, Northrop Grumman and Lockheed Martin Corporation. Key Takeaways Key players operating in the neuroregeneration therapy are focusing on developing new therapies through collaborations and acquisitions. For instance, in 2023 Boeing acqu
Read more

The Global Railway Connectors Market Growth Accelerated By Growing Urban Rail Network

Image
Railway Connectors Market Railway connectors are used to connect electrical equipment and facilitate the transmission of signals, power supply and data in rail transport systems. They help ensure smooth functioning of trains by providing reliable connections between coaches and locomotives. The growing urban rail network across regions is driving extensive deployment of metros and light rail transit systems which in turn is propelling the demand for railway connectors. The global Railway Connectors Market is estimated to be valued at Us$ 919.69 Mn in 2023 and is expected to exhibit a CAGR Of 5.3% over the forecast period 2023 To 2030 , as highlighted in a new report published by Coherent Market Insights. Market key trends: The growing urban rail network is one of the major trends accelerating the growth of the railway connectors market. Transport authorities across countries are making significant investments in expanding urban rail infrastructure to provide faster and cleaner commu
Read more

Ethernet Card Is Estimated To Witness High Growth Owing To Increased Adoption Of Networking Solutions

Image
  Ethernet Card Market   Ethernet card provides an interface between a host system and a network, enabling connectivity and communication between a host system and other systems on a network. Ethernet cards are used in desktops, laptops, servers, and other network-connected devices to allow them to connect to physical Ethernet infrastructure and communicate with other systems on the network. The adoption of ethernet cards is growing owing to the widespread deployment of networking infrastructure and growth in IT infrastructure across industries. Ethernet cards provide higher bandwidth and reliability compared to legacy technologies. The demand for high-performance networking solutions from various industries is also acting as a major driver for the ethernet card market. The global  Ethernet Card Market  is estimated to be valued at  US$ 7.2 Bn  in 2023 and is expected to exhibit a  CAGR Of 13%  over the forecast period  2024 To 2031 , as highlighted in a new report published by Coheren
Read more