Triton Market Research, in its report on the protein expression market in the Asia-Pacific region, concludes that it will expand at a CAGR of 12.19% in the forecasted period 2019-2028.
The countries studied in the Asia-Pacific protein expression market are:
• South Korea
• China
• ASEAN countries
• Japan
• India
• Australia & New Zealand
• Rest of APAC countries
The protein expression market in Asia-Pacific is growing at a significant pace, owing to the improvements in healthcare standards and the technological advancements in the region. Due to increased disposable income, consumers are now able to afford advanced treatments for chronic diseases. Also, there is an increase in public awareness regarding early detection of medical conditions, which is also contributing to the growth of the studied market in the region.
In the last ten years, China has become the hub of research and development activities. In fact, over 50% of the research articles published worldwide are from Chinese researchers. Protein expression is a segment providing a huge area of research and the country is very active in this segment. Multiple life sciences research infrastructures and other facilities have been actively participating in this sector. Due to these extensive R&D activities, China is holding a substantial share of the studied market in the region.
The country plans to potentially extend the applications of protein expression in the booming Chinese biologic drug industry. The academic research institutions have played an important role in the field of drug discovery. Protein expression is an essential component of the drug discovery process. Hence, the rising drug discovery in China is proliferating the growth of the protein expression market.
Takara Holdings Inc is a company mainly engaged in the production of food, beverages, printing and medical supplies. It serves many areas, including immunotherapy research, cancer research, reproductive health technologies and Alzheimer’s disease research. The company provides products like B. Subtilis Secretory Protein Expression System, HAT Protein Expression & Purification System and Brevibacillus Expression System II.
Some prominent companies in the protein expression market are Biotechrabbit, Promega Corporation, Takara Holdings Inc, Dickinson and Company), Lonza, Merck KGaA, Bio-Rad Laboratories Inc, Thermo Fisher Scientific Inc, Peak Proteins Ltd, Qiagen, ProMab, Agilent Technologies Inc, BD (Becton, GenScript, New England Biolabs and LifeSensors.