Rigaku Corporation (Japan) and Bruker Corporation (US) are Leading Players in the Protein Crystallization & Crystallography Market
The global protein crystallization and crystallography market is projected to reach USD 1.7 billion by 2025 from USD 1.1 billion in 2020, at a CAGR of 8.9% during the forecast period. The growth in this market is attributed to the increasing adoption of protein therapeutics, technological advancements in protein crystallization instruments and consumables, and the increasing focus on miniaturization. However, the high cost of instruments is expected to restrain the growth of this market during the forecast period.
The major companies in the protein crystallization and crystallography market are Rigaku Corporation (Japan), Hampton Research (US), Jena Bioscience GmbH (Germany), and Bruker Corporation (US).
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Rigaku Corporation (Japan) is the leading player in the global protein crystallization and crystallography market. Due to its wide portfolio of protein crystallization instruments, software, and accessories, the company has a strong presence in the APAC and distribution networks and subsidiaries in Europe and the US. To maintain its leadership position, the company has adopted inorganic strategies such as partnerships with firms such as Merck to develop lab consumables based on the crystalline sponge technology.
Bruker Corporation (US) is another prominent player in the global protein crystallization and crystallography market. The company has over 55 years of expertise with leading products in the market and a strong geographic presence across the globe. The company focuses on product launches to further increase its share in the market. In the last three years, the company introduced three systems in its BSI Nano segment.
Related Reports:
Protein Crystallization & Crystallography Market by Technology (NMR, X-Ray Crystallography), Product & Service (Instrument (Liquid Handling (Automated)), Consumable (Reagent, Microplate) End User, and Region - Global Forecast to 2025
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