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The North America proteomics market was valued at USD 14.92 billion in 2023. The market is further projected to grow at a CAGR of 11.60% between 2024 and 2032, reaching a value of USD 40.88 billion by 2032.
North America Proteomics Market Size
North America Proteomics Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the proteomics market reached an approximate value of USD 14.92 billion.
The market is expected to grow at a CAGR of 11.60% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach USD 40.88 billion by 2032.
Large-scale proteomics projects, including the study of the human proteome or the development of new drugs, are expected to be continued to be performed in centralised labs.
The recent advances in chemical proteomics have led to new drug discovery strategies, providing complementary approaches to drug screening, selectivity profiling, and drug target identification.
The major drivers of the market include rising research and development in the field of proteomics, advancement in spectroscopy, and a rising number of diseases.
Key trends aiding market expansion include extensive research and development to advance proteomics technology, demand for precision medicine, and the development of methods to monitor post-translational modifications (PTM).
Major countries in the market are the United States of America and Canada.
The applications of proteomics are clinical diagnostics, drug discovery and development, and others.
Key players in the market are Agilent Technologies, Inc., Bio-Rad Laboratories, Inc., Thermo Fisher Scientific Inc., Dotmatics, Merck KGaA, Bruker Corporation, Promega Corporation, Waters Corporation, Creative Proteomics, Seer, Inc., and others.
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