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Protein Engineering Market Demand and Trends 2014 - 2025

The global protein engineering market is expected to reach USD 3.09 billion by 2025, according to a new report by Radiant insights, inc. The market is driven by presence of regulatory authorities consistently striving to reduce time and cost involved in the drug discovery process. One such example is the launch of critical path initiative by U.S. FDA, for incorporation of advanced technologies, such as protein engineering, in drug discovery processes. Moreover, this facilitates prediction of probable adverse reactions & toxicity and improves efficacy of target molecules early on, resulting in lowered drug attrition rates in the later stages. This is anticipated to help control overall expenditure. Rise in R&D expenditure by countries indicates the urgent need for adoption of these tools in all drug discovery and development processes. <br>

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Protein Engineering Market Demand and Trends 2014 - 2025

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  1. Protein Engineering Market Analysis By End-use, And Segment Forecasts, 2014 – 2025 “The global protein engineering market is expected to reach USD 3.09 billion by 2025, according to a new report by Radiant insights, inc. The market is driven by presence of regulatory authorities consistently striving to reduce time and cost involved in the drug discovery process.” One such example is the launch of critical path initiative by U.S. FDA, for incorporation of advanced technologies, such as protein engineering, in drug discovery processes. Moreover, this facilitates prediction of probable adverse reactions & toxicity and improves efficacy of target molecules early on, resulting in lowered drug attrition rates in the later stages. This is anticipated to help control overall expenditure. Rise in R&D expenditure by countries indicates the urgent need for adoption of these tools in all drug discovery and development processes. The rising number of government initiatives aimed at enhancing protein engineering capabilities is anticipated to present the market with high growth potential. This has resulted in a significant rise in number of research activities & programs and fund allotment for R&D. Follow Us:

  2. For instance, Protein Engineering Network of Centres of Excellence (PENCE) contributed approximately USD 1.0 million for proteomics projects and hosted conferences on proteomics in Canada as an effort to broaden research associated with this technology. Download full research Report @ http://www.radiantinsights.com/research/protein- engineering-market Further key findings from the report suggest: Hybrid approach is predicted to observe exponential growth as a consequence of technological superiority and ability to overcome the shortcomings associated with the aforementioned technologies Software & services is expected to emerge as the fastest growing segment owing to high inclination of companies to outsourcing of services to achieve overall cost-efficiency Monoclonal antibodies held the largest share in protein-type segment due to development of these antibodies on a large scale through extensive adoption of these engineering tools North America held a substantial share, which can be attributed to extensive research activities that are likely to provide high potential growth platform through consistent usage in this region The market in Asia Pacific is projected to exhibit exponential growth over the coming years owing to rising awareness pertaining to benefits of protein engineering and increasing disposable income Follow Us:

  3. The competition is marked by players employing strategies such as mergers & acquisitions and distribution agreements resulting in significant growth in their market share Request a Free Sample Copy of this Report @ http://www.radiantinsights.com/research/protein-engineering-market/request-sample Table of Contents Chapter 1 Research Methodology 1.1 Country-wise Market: Base Estimates 1.2 Global Market: CAGR Calculation 1.3 Region-based Segment Share Calculation 1.4 Research Scope & Assumptions 1.5 List of Data Sources Chapter 2 Executive Summary 2.1 Market Snapshot Chapter 3 Protein Engineering Market Variables, Trends & Scope 3.1 Market Segmentation & Scope 3.2 Market Driver Analysis 3.2.1 Increasing adoption of protein based drugs 3.2.2 Reduced in R&D costs 3.2.3 Growing fund allotment for protein engineering 3.3 Market Restraint Analysis Follow Us:

  4. 3.3.1 High maintenance costs associated with protein engineering tools & instruments 3.3.2 Limited availability of qualified researchers and need for advanced training in protein engineering Browse all Report of this category @ http://www.radiantinsights.com/catalog/biotechnology About Radiant Insights,Inc: Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions. Contact Details: Michelle Thoras Corporate Sales Specialist, USA Radiant Insights, Inc 28 2nd Street, Suite 3036, San Francisco, CA 94105, United States Phone: 1-415-349-0054 Toll Free: 1-888-202-9519 Email: sales@radiantinsights.com Web: http://www.radiantinsights.com/ Visit Our Blog: http://auto-motiveindustryresearch.blogspot.com Follow Us:

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