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| Proteomics Market |
Proteomes are an entire set of proteins which is expressed
in genomes, and proteomics refers to the large-scale study of these proteomes,
that include study of the functions and structure of proteins that can be used
in diagnosis and treatment of various diseases, and in the process of drug
discovery. Proteomics is used to analyze the interaction of proteins with each
other, action of proteins in metabolic pathways, rate of the production of
proteins, and the modification process of the proteins. Additionally, it is
extensively applied in personalized medicine development, and marker
identification for disease diagnosis. Global proteomics market is expected to
grow significantly in the forecasted period due to the rising demand for
personalized medicine and increasing investment in research and development
activities, globally.
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Global Proteomics market is expected to grow significantly
during the forecast period. Some of the major factors driving growth of the
global proteomics market are rising demand for personalized medicine, increasing
research and development investments, technological advancements, and
availability of government and private funding. Personalized medicine is
manufactured according to the treatment condition and helps in the better
treatment and quick recovery of the patients. The benefits of the personalized
medicine for the treatment of different types of cancer is further driving the
growth of the global proteomics market.
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Geographically, North America was the largest market for
Proteomics in 2016, followed by Europe. The North American proteomics market is
primarily driven by easily available funds from various institutions for
proteomic research using innovative technologies.
Due to the increased spending on healthcare in the
developed market, various government and private institutions are funding on
different projects which will drive the growth of the global proteomics market,
Asia-Pacific is expected to witness the fastest in the period, 2017-2023, the
improving infrastructure for research, and emerging markets is driving the
growth of the region’s proteomics market. Government and private players are
increasingly investing in the Asia-Pacific, since the region constitutes many
untapped countries having potential customers.
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Some of the key players in the global proteomics market are
Agilent Technologies Inc., Bruker Corporation, GE Healthcare, Merck KGaA,
Thermo Fisher Scientific, Inc., Bio-Rad Laboratories, Inc., Waters Corporation,
Danaher Corporation, Luminex Corporation, and PerkinElmer Inc.
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