Thermo Fisher Scientific, Inc. (US), Danaher Corporation (US) are Leading Players in the Proteomics Market
The proteomics market is estimated to reach USD 72.9 billion by 2028 from USD 36.8 billion in 2023, at a CAGR of 14.6% during the forecast period. The growth of this market is mainly driven by the increased demand for personalized medicines, the rising incidence of chronic diseases, and technological advancements in proteomics. Furthermore, increased investment in research & adoption of proteomics in drug discovery is likely to uplift market growth in coming years.
The prominent players operating in the proteomics market are Thermo Fisher Scientific, Inc. (US), Danaher Corporation (US), Merck KGaA (Germany), and Agilent Technologies, Inc. (US).
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Thermo Fisher Scientific, Inc. (US)
Thermo Fisher Scientific, Inc. (US) is one of the leading player in the proteomics market in 2022. The company’s leading position is attributable to its diversified product & service portfolio, strong geographic presence, and adoption of organic and inorganic growth strategies. The company has adopted different growth strategies, such as deals that include agreements, and acquisitions, to maintain its leading position in the proteomics market. Thermo Fisher Scientific has concentrated its focus on the implementation of advanced technologies for proteomics. For example, in June 2022, the company entered into a co-marketing agreement with Transit GmbH to promote the use of a mass spectrometry imaging (MSI) platform for spatial multi-omics applications in pharma and clinical labs.
Danaher Corporation (US)
Danaher Corporation is a global conglomerate that operates across multiple industries, including life sciences, diagnostics, dental, environmental, and industrial technologies. Within the field of proteomics, its prominent subsidiaries are Sciex and Cytiva. Sciex specializes in the development and manufacturing of analytical instruments, software, and services specifically designed for proteomics research and analysis. Through strategic acquisitions and integrations, Danaher Corporation has established a robust presence in the proteomics sector, offering a comprehensive range of instruments, reagents, software, and services. These resources contribute significantly to advancing scientists' understanding of proteins and their functions in various biological processes.
Merck KGaA (Germany)
Merck KGaA is a global science and technology company that operates across the healthcare, life sciences, and performance materials sectors. Within the realm of proteomics, Merck offers a comprehensive portfolio of innovative products, technologies, and services to facilitate protein research and analysis. The company actively engages in research collaborations, partnerships, and investments in state-of-the-art technologies, underscoring its commitment to advancing the field of proteomics. Merck's tailored range of products and services is designed to empower scientists and researchers, enabling them to make significant contributions to our understanding of protein functions in disease mechanisms, drug discovery, and personalized medicine.
Agilent Technologies, Inc. (US)
Agilent Technologies is a leading global company that supplies scientific instruments, software, services, and consumables across various industries, including life sciences, diagnostics, and chemical analysis. In the field of proteomics, Agilent Technologies offers an extensive range of solutions to support proteomic research and analysis. With a reputation for reliability and innovation, Agilent Technologies has become a trusted provider of tools for proteomics research. Their comprehensive product portfolio, which includes instrumentation, consumables, software, and services, empowers scientists and researchers to delve into the intricate realm of proteins, gain new insights, and contribute to advancements in crucial areas such as biomarker discovery, drug development, and personalized medicine.
Related Reports:
Proteomics Market by Product (Spectroscopy, Chromatography, Electrophoresis, X-Ray Crystallography), Reagent, Service, (Core Proteomics, Bioinformatics), Application (Diagnostic, Drug Discovery), End User (Hospital, Labs, Biopharma) - Global Forecasts to 2028
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