Protein crystallization and crystallography: Key market research findings
- Growth in innovations and R&D
- Growing preference for electron crystallography
Technavio has released a new market research report on the global protein crystallization and crystallography market, which is expected to grow at a CAGR of 7% between 2016 and 2020. One of the key drivers propelling the growth of this market is increase in demand for protein crystals for structural determination, primarily for X-ray crystallography. The Americas dominate the global protein crystallization and crystallography market, accounting for 42% of the overall market revenue. The major reason for this region’s growth is the development of biotechnology sector and academic institutions, coupled with increased investments from private research facilities.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“The market is rapidly going through automation in laboratories and research facilities to speed up the sample handling processes. Also, the vendors are making various innovations in the incubation technology for easier and faster synthesis of protein samples and better control of crystal growth. Moreover, the introduction of cryo-electron microscopy has facilitated better accuracy in protein structure and sampling. Also, increase in R&D investments has extended the use of protein crystallization and crystallography across new fields and research areas,” says Abhay Sinha, Lead Analyst, New Coverage, Technavio Research.
Electron crystallography is gaining prominence in the market thanks to the growing use of cryo-electron microscopy. This technique allows the user to create a high-resolution 3D structure of the protein. It uses frozen protein samples and provides real-time imaging of the protein molecules with high accuracy and can even be used to image membrane proteins.
The key vendors in the global protein crystallization and crystallography market include Bruker, Formulatrix, Hampton Research, Molecular Dimensions and Rigaku. The market is dominated by these few vendors which have a strong presence in the market. This market is expected to witness intense competition during the forecast period with increases in product extensions, new products, and new applications of products as well as services. The markets in APAC and South America are expected to exhibit the fastest growth over the forecast period.
A more detailed analysis is available in the Technavio report, Global Protein Crystallization and Crystallography Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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