Protein expression is the process of synthesizing, regulating, and modifying proteins within a living organism. The global protein expression market was evaluated at USD 1,873.1 million in 2018. The protocol for expression of proteins makes use of expression vectors, competent cells, reagents, instrument, and services. The reagents are the estimated to hold the largest share due to large volume used in the bio-experiments. The significant growth in the protein expression industry is primarily due to the increasing funds from government and non-government organization for protein research, the soaring prevalence of chronic diseases, rising life science industry.

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The profiling of protein expression using of microfluidic technology is being adopted by several research organizations. For instance, a study supported by the Cancer Research UK (CRUK), on the Multiplexed single cell analysis in solid tumors using a miniaturized microfluidic assay. This growing adoption of microfluidic devices in profiling protein will provide manufacturers to advance and explore the opportunities that the technology holds.

The market observes major challenge in maintaining aseptic conditions required to run the experiment, and also in addressing the complexities associated to the purification of the proteins. Moreover, the products and services offered by manufacturers are costly, that will restrain the growth of the global protein expression market.

The number of suppliers in the protein expression market is medium, since the products utilized in protein profiling and expression needs to follow stringent government regulations. Further, the threat of forward integration is low leading to a low bargaining power of suppliers in the market. Presence of a large number of buyers in the market offers manufacturers revenue growth opportunities in the market.

Geographically, North America is the largest market for protein expression products and services, globally. The largest contribution of the region is due to the adaptation of technologically advanced products, and the increasing government and non-government funds for protein research. The North American protein expression market is also driven by the surge in the prevalence of chronic diseases, and the growing number of life science and bio-pharmaceutical industries in the region.

Moreover, the protein expression industry is expected to be driven by emerging economies of Asia-Pacific, such as China, and India. This leads to the fastest growth in Asia-Pacific at a CAGR of 14.1% during the forecast period. The growth in the region is also supported by the increasing investment in the lifescience industry and the increase in the prevalence of chronic diseases in the region.

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The major player in the global protein expression market includes New England Biolabs, Inc., Thermo Fisher Scientific Inc., QIAGEN N.V., Takara Bio Inc., Lonza Group Ltd., Merck KGaA, Promega Corporation, Genscript Biotech Corporation, Agilent Technologies Inc., and Bio-Rad Laboratories, Inc.

The market players are launching new and technologically advanced products and services to maintain their competency and market share. For instance, in March 2018, Aragen Bioscience, Inc. announced the expansion of its RapTr cell line development services to be included in CHO-GS cell lines. The addition of suite protein expression and analytical services will provide flexibility in the development of cell lines and generation of high quality proteins.

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