Protein Crystallization market projected to grow from USD 1.35 billion to USD 2.83 billion by 2032

From GlobeNewswire: 2024-12-04 09:00:00

The Protein Crystallization Market was valued at USD 1.35 billion in 2023 and is projected to reach USD 2.83 billion by 2032, growing at a CAGR of 8.57%. The market is driven by investments in structural biology research and biopharmaceutical drug development, with North America and Europe leading in market dominance.

Instruments like X-ray diffraction systems and crystallization robots are crucial for protein structure analysis and drug discovery. Consumables, such as reagents and crystallization plates, are gaining traction for optimizing experimental workflows. X-ray crystallography remains dominant, while Cryo-EM emerges as the fastest-growing technology. North America, Europe, and Asia-Pacific are key regions driving market growth.

Recent developments include Peak Proteins being acquired by Sygnature Discovery and Redwire Corporation introducing in-space manufacturing technology for protein-based crystals. The market is set for dynamic expansion, with continuous innovations and strategic collaborations driving growth in advanced crystallization techniques and the biopharmaceutical pipeline.

For more detailed insights and analysis, you can download the full research report on the Protein Crystallization Market 2024-2032 at the provided link. S&S Insider is a leading market research and consulting agency providing accurate market data and insights to help clients make informed decisions in changing circumstances.



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