Global Protein Crystallization Market Report and Forecast 2024-2032

Global Protein Crystallization Market Outlook

The global protein crystallization market size was valued at USD 1.41 billion in 2023, driven by the increasing demand and development on protein therapeutics across the globe. The market is expected to grow at a CAGR of 8.5% during the forecast period of 2024-2032, with the values likely to rise from USD 1.53 billion in 2024 to USD 2.94 billion by 2032.

Protein Crystallization: Introduction

Protein crystallization is the process of creating a structured and ordered lattice for a complex form of protein, inhibiting molecule denaturation. It is used in medicinal biochemistry and structural biology for drug development along with formulation, separation, and purification of protein therapeutics. Protein crystallization is a brilliant alternative to chromatography and other purification methods as it helps in creating pure and contamination free protein.

Protein crystallization is dependent on a specific pH, temperature, and chemical additives. It is applied in a variety of methods, including X-Ray crystallography, cryogenic electron microscopy, NMR spectroscopy, small-angle X-ray scattering, as well as neutron diffraction.

Global Protein Crystallization Market Analysis

With the COVID-19 outbreak, research in protein therapeutics, drug discovery and design has experienced a sudden growth. The development and demand for innovation in protein crystallization techniques has also grown, since it is an essential element of protein therapeutics and drug development. Protein based therapeutics are projected to take half space in the list of top ten most selling drugs in 2024 . This indicates protein crystallization market growth in the future as well.

There has been some significant research in the protein crystallization domain to bring accurate, economical and rapid results. MIT engineers  have invented a new approach that uses specialized nanoparticles to crystallize the protein fast and at much cheaper prices. According to their findings, bioconjugate-coated nanoparticles accelerated protein crystallization process, reducing the induction time by seven folds. As we progress into the future, we can expect more significant and relevant improvements in the market.

Governments and research organisations are heavily investing in protein crystallization market research as it is relevant in multiple techniques like cryo-electron microscopy, NMR spectroscopy and others. So, with any development in these techniques, we can expect a growth in the protein crystallization market as well.

Global Protein Crystallization Market Segmentation

Market Breakup by Product

• Instruments

• Consumables

• Software and Services

Market Breakup by Technology

• X-ray Crystallography

• Cryo-electron Microscopy 

• NMR Spectroscopy 

• Others

Market Breakup by End User

• Pharmaceutical Companies

• Biotechnology Companies

• Government Institutes

• Academic Institutions

• Others

Market Breakup by Region

• North America

• Europe

• Asia Pacific 

• Latin America

• Middle East and Africa

Global Protein Crystallization Market Overview

The North American region has led the global market share for protein crystallization. This can be attributed to the extensive investments in research and development by both government and healthcare corporations. The presence of key innovators in the area has propelled significant growth in the market.

The protein crystallization market demand is anticipated to peak in the Asia Pacific region during the forecast period, with increasing investments and research in the healthcare and biotechnological industry. For instance, Tokyo Institute of Technology has recently developed a new cell-free protein crystallization (CFPC) method. This enables the study of unstable and low-yield proteins that could not be studied with the help of usual methods. This opens a new spectrum of further development and growth in the field, indicating possible development in the Asia Pacific region.

Global Protein Crystallization Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

• Bruker 

• HAMPTON RESEARCH CORP. 

• Rigaku Corporation 

• Mettler Toledo 

• Corning Incorporated 

• Jena Bioscience Gmbh 

• Creative Proteomics 

• Formulatrix 

• Molecular Dimensions 

• Greiner Bio-One International Gmbh 

• SARomics Biostructures AB

Key Highlights of the Report