South Korea Protein Engineering Market Size & Outlook
Related Markets
South Korea protein engineering market highlights
- The South Korea protein engineering market generated a revenue of USD 55.4 million in 2023 and is expected to reach USD 153.7 million by 2030.
- The South Korea market is expected to grow at a CAGR of 15.3% from 2024 to 2030.
- In terms of segment, instruments was the largest revenue generating product in 2023.
- Instruments is the most lucrative product segment registering the fastest growth during the forecast period.
Protein engineering market data book summary
| Market revenue in 2023 | USD 55.4 million |
| Market revenue in 2030 | USD 153.7 million |
| Growth rate | 15.3% (CAGR from 2024 to 2030) |
| Largest segment | Instruments |
| Fastest growing segment | Instruments |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Reagents, Software & Services |
| Key market players worldwide | Agilent Technologies, Bruker Corp, Thermo Fisher Scientific Inc, PerkinElmer, Waters Corp, Bio-Rad Laboratories Inc, Merck KGaA, Danaher Corp, Genscript Biotech Corp Class H, Amgen Inc |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.1% of the global protein engineering market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China protein engineering market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 650.3 million by 2030.
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Protein Engineering Market Scope
Protein Engineering Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Genscript Biotech Corp Class H | View profile | 6937 | No. 28, Yongxi Road, Jiangning Science Park, Jiangsu Province, Nanjing, China, People's Republic of, 211100 | https://www.genscript.com |
| Agilent Technologies | View profile | 10001+ | Santa Clara, California, United States, North America | http://www.agilent.com |
| PerkinElmer | View profile | 10001+ | Waltham, Massachusetts, United States, North America | http://www.perkinelmer.com |
| Waters Corp | View profile | 7900 | 34 Maple Street, Milford, MA, United States, 01757 | https://www.waters.com |
| Bruker Corp | View profile | 9707 | 40 Manning Road, Billerica, MA, United States, 01821 | https://www.bruker.com |
| Bio-Rad Laboratories Inc | View profile | 8030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | https://www.bio-rad.com |
| Danaher Corp | View profile | 63000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | https://www.danaher.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| Merck KGaA | View profile | 62345 | Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 | https://www.emdgroup.com |
| Amgen Inc | View profile | 26700 | One Amgen Center Drive, Thousand Oaks, CA, United States, 91320-1799 | https://www.amgen.com |
South Korea protein engineering market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to protein engineering market will help companies and investors design strategic landscapes.
Instruments was the largest segment with a revenue share of 60.83% in 2023. Horizon Databook has segmented the South Korea protein engineering market based on instruments, reagents, software & services covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Protein Engineering Product Outlook (Revenue, USD Million, 2018-2030)
- Instruments
- Reagents
- Software & Services
- South Korea Protein Engineering Technology Outlook (Revenue, USD Million, 2018-2030)
- Rational Protein Design
- Directed Evolution
- Hybrid Approach
- De Novo Protein Design
- Others
- South Korea Protein Engineering Protein Type Outlook (Revenue, USD Million, 2018-2030)
- Insulin
- Monoclonal Antibodies
- Vaccines
- Growth Factors
- Colony Stimulating Factors
- Coagulation Factors
- Interferon
- Others
- South Korea Protein Engineering End Use Outlook (Revenue, USD Million, 2018-2030)
- Academic Research Institutes
- Contract Research Organizations
- Pharmaceutical & Biotechnology Companies
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Target buyers of South Korea protein engineering market databook
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Our clientele includes a mix of protein engineering market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea protein engineering market , including forecasts for subscribers. This country databook contains high-level insights into South Korea protein engineering market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea protein engineering market size, by product, 2018-2030 (US$M)
South Korea Protein Engineering Market Outlook Share, 2023 & 2030 (US$M)
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