Proteomics Market

The proteomics market is expected to be valued at USD 33.6 billion in 2024 to USD 60.5 billion by 2029, growing at CAGR of 12.4% during the forecast period. Factor such as growing rise in demand for personalized medicines, rise in investments in proteomics research and development and surge in government & private funding are contributing towards the market growth.

The global proteomics market is consolidated with top players such Thermo Fisher Scientific, Inc. (US), Danaher Corporation (US), Merck KGaA (Germany), Bio-Rad Laboratories Inc (US) and Agilent Technologies, Inc. (US).  The market players have adopted various strategies such as new product launches, acquisitions, agreements, collaborations, partnerships, and geographical expansions to strengthen their position in the global proteomics market.

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Thermo Fisher Scientific, Inc. (US)

Thermo Fisher Scientific, Inc. (US) holds the leading position of the leading player in the proteomics market. The company’s leading position is attributable to its diversified product & service portfolio, strong geographic presence, and adoption of organic and inorganic growth strategies. In order to maintain the dominant position in the proteomics market different growth strategies, such as deals that include agreements, and acquisitions has been adopted by the company. Thermo Fisher Scientific has strong emphasis on launching new technologies and instruments for proteomics studies. For instance, in March 2024, Thermo fisher Scientific Inc (US) launched Thermo Scientific Stellar mass spectrometer (MS),  a novel mass spectrometer that combines rapid throughput, high sensitivity, and ease of use to help researchers accelerate their translational omics research and produce breakthrough discoveries more quickly.

Danaher Corporation (US)

Danaher Corporation is one of the leading players in the proteomics market.  The company operates across various sectors, such as life sciences, diagnostics, dental, environmental, and industrial technologies. The company operates in the field of proteomics through its subsidiary namely SCIEX. Sciex specializes in their manufacturing as well as in the development of analytical instruments, software, and services especially intended for proteomics research and analysis. By means of smart acquisitions and mergers, Danaher has been known as a leading supplier of proteomics reagents, tools, and services. These tools help greatly to clarify proteins and their roles in different biological processes for scientists.

Agilent Technologies Inc. (US)

Agilent Technologies Inc is one of the leading players in the global proteomics market. The company offers scientific instruments, software, tools, and consumables. The company is known for dependability & creativity and has grown to be a reliable instrument for proteomics research supplier. The company holds the leading position in the market due to diversified portfolio of proteomics products covering instrumentation, consumables, software, and services, allowing scientists and researchers to investigate the intricate field of proteins, acquire fresh ideas, and help to advance important sectors including personalized medicine, drug development, and biomarker discovery.

Related Reports:

Proteomics Market by Instrumentation (Mass Spectrometry, HPLC, Electrophoresis, Protein Microarray (Protein Chips), Reagents (Immunoassay), Services (Purification, Bioinformatics), Software, Application (Clinical, Drug Discovery) - Global Forecast to 2029

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