Protein Sequencing Market Primed for Significant Growth Prospects
Protein Sequencing Market The protein sequencing market is estimated to be valued at US$ 1.9 Bn in 2022 and is expected to exhibit a CAGR of 11.2% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: The protein sequencing market consists of technologies and consumables used for determining the amino acid sequence of proteins. Protein sequencing finds widespread application in proteomics research, biotherapeutics development and clinical diagnostics. Advances in mass spectrometry platforms have accelerated protein sequencing workflows, enabling identification and characterization of thousands of proteins in a single experiment. Market Dynamics: Rising government funding for proteomics and biomarker research worldwide represents a key factor driving the protein sequencing market. Many public and private funding agencies are supporting the development of advanced tools and technologies for large-scale protein analys