Protein Sequencing Market By Product and Service (Reagents and Consumables, Instruments, Mass Spectrometry Instruments, Edman Degradation Sequencers, Analysis Product, and Protein Sequencing Services), By Technology (Mass Spectrometry, and Edman Degradation), By Application (Biotherapeutics, and Genetic Engineering), By End User (Pharmaceutical and Biotechnological Companies, Academic Institute and Research Centre, and Others), and By Region - Trends, Analysis And Forecast Till 2034

Protein Sequencing Market accounted for USD 1.2 Billion in 2024 and is estimated to be USD 1.7 Billion by 2034 and is anticipated to register a CAGR of 3.50%.

Protein sequencing is a de novo sequencing method for determination and analysis of the amino acid sequence from the mass spectrum. The process enables researchers to obtain information about protein conformation. Protein sequencing has established itself as a high-throughput proteomic technique and has several applications. One of the prominent applications is in target-based drug discovery. A range of various computational methods and experimental methods, notably Edman degradation and mass spectrometry, are used for protein sequencing. 

The major factor driving the growth of protein sequencing market is increasing adoption of target-based drug designing by pharmaceutical and biotechnology companies. Increasing research on genetically modified organisms and technological advancements which in turn fuel growth of protein sequencing for genetic engineering application in the target market in the next coming years. In addition, advancements in clinical mass spectrometry and analytical techniques, is another factor anticipated to drive growth of the global market. Moreover, increasing public and private financial support for proteomic research is a dynamic factor expected to propel growth of the target market. However, high cost of infrastructure is a major factor restraining growth of the target market.

In addition, preparation of pure protein samples and need for skilled researchers and laboratory professionals, are factors challenging growth of the protein sequencing market. Technological advancements in protein sequencing technique, owing to identify isobaric residues, is expected to create lucrative opportunities to drive growth of the protein sequencing market over the forecast period.

The protein sequencing market is segmented based on product and service, technology, application, end user, and region.

Based on product and service, the protein sequencing market is segmented into the reagents and consumables, instruments, mass spectrometry instruments, edman degradation sequencers, analysis product, and protein sequencing services. Based on product & services, the reagents & consumables segment accounted for the highest market share in the protein sequencing market due to increase in usage of different types of kits, reagents, and others to carry out protein sequencing. Based on the technology, the target market is segmented into mass spectrometry, and edman degradation. 

The large share of the mass spectrometry segment can be attributed to its advantages, such as high-throughput sequencing capabilities, cost efficiency, and identification of blocked or modified proteins. Based on application, the global market is classified into biotherapeutics, and genetic engineering. Based on end user, the target market is bifurcated into pharmaceutical and biotechnological companies, academic institute and research centre, and others. The increase in funding for proteomic research by public and private institutes is a major factor driving the growth of the academic institutes and research centers segment. 

Based on the region the protein sequencing market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America held the largest market share based on revenue, due to technological advancements in sequencing platforms and rise in implementation of protein sequencing in this region. However, Asia-Pacific is expected to contribute the highest CAGR over the forecast period, owing to rise in awareness and surge in demand for protein sequencing.

Protein Sequencing Market, By Product and Service:

• Reagents and Consumables
• Instruments
• Mass Spectrometry Instruments
• Edman Degradation Sequencers
• Analysis Product
• Protein Sequencing Services

Protein Sequencing Market, By Technology:

• Mass Spectrometry
• Edman Degradation

Protein Sequencing Market, By Application:

• Biotherapeutics
• Genetic Engineering

Protein Sequencing Market, By End User:

• Pharmaceutical and Biotechnological Companies
• Academic Institute and Research Centre
• Others

Protein Sequencing Market, By Region:

• North America
  • Middle East & Africa
    • Middle East & Africa Protein Sequencing Market, By Product and Service
    • Middle East & Africa Protein Sequencing Market, By Technology
    • Middle East & Africa Protein Sequencing Market, By Application
    • Middle East & Africa Protein Sequencing Market, By End User
    • Middle East & Africa Protein Sequencing Market, By Country
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
  • Latin America
    • Latin America Protein Sequencing Market, By Product and Service
    • Latin America Protein Sequencing Market, By Technology
    • Latin America Protein Sequencing Market, By Application
    • Latin America Protein Sequencing Market, By End User
    • Latin America Protein Sequencing Market, By Country
      • Brazil
      • Mexico
      • Rest of Latin America
  • Asia Pacific
    • Asia Pacific Protein Sequencing Market, By Product and Service
    • Asia Pacific Protein Sequencing Market, By Technology
    • Asia Pacific Protein Sequencing Market, By Application
    • Asia Pacific Protein Sequencing Market, By End User
    • Asia Pacific Protein Sequencing Market, By Country
      • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
  • Europe
    • Europe Protein Sequencing Market, By Product and Service
    • Europe Protein Sequencing Market, By Technology
    • Europe Protein Sequencing Market, By Application
    • Europe Protein Sequencing Market, By End User
    • Europe Protein Sequencing Market, By Country
      • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
  • North America Protein Sequencing Market, By Product and Service
  • North America Protein Sequencing Market, By Technology
  • North America Protein Sequencing Market, By Application
  • North America Protein Sequencing Market, By End User
  • North America Protein Sequencing Market, By Country
    • U.S.
    • Canada

The key players operating the protein sequencing market involves Bioinformatics Solutions Inc., Charles River Laboratories, Agilent Technologies, Inc., Proteome Factory, Rapid Novor Inc., Selvita, SGS, Shimadzu Corporation, Thermo Fisher Scientific Inc., and Waters Corporation. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the products to gain a competitive edge in the target market. For instance, in June 2019, Thermo Fisher Scientific launched mass spectrometry platforms like Orbitrap, Fusion Lumos Tribrid Mass Spectrum. The product launches helped the company's growth in consumables as well

• Bioinformatics Solutions Inc.
• Charles River Laboratories
• Agilent Technologies, Inc.
• Proteome Factory
• Rapid Novor Inc.
• Selvita
• SGS
• Shimadzu Corporation
• Thermo Fisher Scientific, Inc.
• Waters Corporation.