Transparency Market Research has published a new report, titled “Protein Expression Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020.” According to the report the growing research activities within the pharmaceutical sector is one of the primary factors boosting the growth of the global protein expression market. In addition to this, huge growth opportunities in proteomics will also propel the growth of the global protein expression market. As biotechnology based organizations are often found relying on protein expressions for developing novel therapeutics with minimal side effects, this market is anticipated to witness high growth during the forecast period.
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According to the report, at present the global protein expression market is extremely profitable on account of the rising occurrence rate of various diseases which are resistant to drugs. The market is also receiving impetus from strong government support for biotechnology based drug development. All these factors are attracting many new players to the global protein expression market. The rising use of protein expression technologies in the manufacturing of biotechnology products to be used in diagnostics products as well as therapeutic products is one of the most important reasons which is expected to continue to feel the demand for protein expressions in the future.
The highest success rates of biotechnology based therapeutic products and recombinant DNA product will also bolster the growth of the protein expression market. Apart from all these factors, the rising adoption of protein expression technologies in industrial protein manufacturing organizations will accelerate the growth of the market further. On the other hand, stringent approval policies with regards to protein therapeutics will pose a challenge and restrict the growth of the market. The high cost involved with research and development of biotechnology products will also be a challenge. However, the rising trend of genetic engineering within the pharmaceutical sector as well as the medical science field is making the market for protein expression extremely attractive.