Proteomics Market Research, Developments, Expansion, Statistics, And Forecast 2028

PUNE, India - Jan. 10, 2023 - PRLog -- MARKET OVERVIEW- GLOBAL PROTEOMICS MARKET

Proteomics is the large-scale study of proteomes. A proteome is a collection of proteins produced in an organism, system, or biological context. For example, it can refer to the proteome of a species (for example, humans) or of an organ (for example, the liver). The proteome is not constant; it differs from cell to cell and changes over time. To some extent, the proteome reflects the underlying transcriptome.

MARKET DRIVERS

Key factors driving the growth of the industry include the growing demand for personalized drugs and advanced diagnostics for targeted disease treatment and the high prevalence of target diseases. In addition, the growing focus on the use of products in drug design, biomarker discoveries, and clinical diagnostics for disease diagnosis and treatment is expected to support industry growth.

MARKET OPPORTUNITIES

The market is expected to have new opportunities with the technological advancements and ongoing R&D involved in the proteomics sector is expected to provide ample new growth opportunities in the market during the forecast period. Opportunities related to the identification of biomarkers and developments in mass spectrometry-based proteomics are expected to provide lucrative growth opportunities for the growth of the proteomics market over the forecast period.

MARKET RESTRAINTS

The market has major restraining factors like the high cost of proteomics instruments and the lack of advanced healthcare systems in developing nations. Also, the proteomics instruments include high investment and maintenance costs, and this factor is expected to act as a hurdler for the market's growth over the forecast period. Besides, a lack of a skilled workforce is another factor which is expected to be a restraining factor for the growth of the market over the forecast period.

MARKET GROWTH CHALLENGES

The COVID-19 pandemic has hampered the growth of the market to a major extent, which has created a major challenge for the market's growth. Also, stringent regulatory standards are expected to be a major challenge for the market's growth over the forecast period.

CUMULATIVE GROWTH ANALYSIS

The report provides an in-depth analysis of the global Proteomics market, market size, and compound annual growth rate (CAGR) for the forecast period of 2022-2028, considering 2021 as the base year. The increasing demand for various Proteomics in various applications has led to the increasing demand for the market and is expected to witness growth at a specific CAGR from 2021-2028.

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