SAN FRANCISCO, September 12, 2016 /PRNewswire/ --
The global proteomics market is expected to reach over USD 24.8 billion by 2024 according to a new report by Grand View Research, Inc. The introduction of technology-enabled proteomics products is one of the high-impact rendering drivers for the proteomics market growth. These products find extensive applications in drug discovery, diagnostic services, and many other research areas. The increasing market penetration of these technologies, such as ESI-LC-MS (electrospray ionization liquid chromatography mass spectrometry), is expected to serve as a driver of this market.
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Proteomics has become a powerful tool for treating various diseases such as diabetes, fatty liver, obesity, and deadly cancers. It is difficult to cure these diseases as body responses vary from person to person; to overcome this problem, researcher from Ecole Polytechnique Fédérale de Lausanne and ETH Zurich in Switzerland developed method to define metabolic differences between individuals. This is expected to drive the demand for proteomics over the forecast period.
The presence of organizations such as the Human Proteome Organization promotes the development of new techniques, technologies, and training pertaining to the field of proteomics. This is expected to propel the market growth over the forecast period.
Browse full research report with TOC on "Proteomics Market Analysis by Product (Instruments, Reagents, Services), by Technology (Microarray, X-Ray Crystallography, Spectroscopy, Chromatography, Protein Fractionation Systems, Electrophoresis, Surface Plasma Resonance Systems), by Application (Drug Discovery, Clinical Diagnosis), and Segment Forecasts to 2024" at: http://www.grandviewresearch.com/industry-analysis/proteomics-market
Further Key Findings From the Study Suggest:
Browse related reports by Grand View Research:
Grand View Research has segmented the proteomics market on the basis of product, technology, application, and region:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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