TechNavio recognizes the following companies as the key players in the Global Proteomics Market: Thermo Fischer Scientific Inc., Agilent Technologies Inc., Life Technologies Corp., and Danaher Corp.
Commenting on the report, an analyst from TechNavio’s Healthcare team said: ”One of the recent trends being witnessed in the Global Proteomics market is the growing popularity of proteomic analysis as compared to genomic analysis. Both genomics and proteomics find application in drug discovery, disease diagnosis, and drug development. Genomics is the study of the genes or DNA of an organism. Proteomics, which was introduced after genomics, has become more popular because it offers more benefits than genomics. For instance, proteomic analysis is faster and more effective in terms of data analysis than genomic analysis. Thus, there is a considerable shift from genomics to proteomics for disease diagnosis and drug development. This trend augers well for the growth of the Global Proteomics market during the forecast period.”
According to the report, one of the main drivers in this market is the increasing demand for personalized medicines. The study and identification of defective proteins is required for the development of personalized medicines, which in turn is propelling the growth of the market.
Further, the report states that one of the major challenges in this market is the intense competition among vendors, which has resulted in severe pricing pressure. As a result of the prevalent intense competition, the leading vendors in the market are currently witnessing low profit margins.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Sigma-Aldrich Corp., Roche Diagnostics Corp., Betcon Dickinson and Co., Affymetrix Inc., Shimadzu Corp., Bio Rad Laboratories Inc., Illumina Inc., Abbott Laboratories, GE Healthcare Ltd., Perkin Elmer Inc., Xencor Inc., Cellzome AG, Waters Corp., Dionex Corp., Bruker Daltonics Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-proteomics-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/healthcare
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TechNavio Announces the Publication of its Research Report “ Global Proteomics Market 2012-2016
