UK Protein Engineering Market Size & Outlook, 2023-2030
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UK protein engineering market highlights
- The UK protein engineering market generated a revenue of USD 128.4 million in 2023 and is expected to reach USD 421.7 million by 2030.
- The UK market is expected to grow at a CAGR of 18.1% 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 128.4 million |
| Market revenue in 2030 | USD 421.7 million |
| Growth rate | 18.1% (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, UK accounted for 4.9% 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 Europe, UK protein engineering market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 421.7 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 |
UK 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 61.21% in 2023. Horizon Databook has segmented the UK protein engineering market based on instruments, reagents, software & services covering the revenue growth of each sub-segment from 2018 to 2030.
The UK is another significant market in Europe for protein engineering and is expected to grow at an exponential rate owing to increasing focus on drug discovery & development and rising government funding in pharmaceutical & biotechnology sectors.
Strategic initiatives undertaken by various major market players are anticipated to propel the market growth during the forecast period. For instance, in July 2018, Merck KGgA expanded its distribution center in the UK.
The company invested over USD 10 million to boost its distribution capabilities in the country. Therefore, rise in the number of initiatives undertaken by market players is expected to enhance the use of protein engineering in the country during the forecast period.
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Target buyers of UK 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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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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Horizon Databook provides a detailed overview of country-level data and insights on the UK protein engineering market , including forecasts for subscribers. This country databook contains high-level insights into UK protein engineering market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK protein engineering market size, by product, 2018-2030 (US$M)
UK Protein Engineering Market Outlook Share, 2023 & 2030 (US$M)
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