Proteomic research reagents market

Investors

$3bn+

Proteomic research reagents market size

~4%+

Long-term annual trend growth

The growing and fragmented proteomic research reagents market currently represents a majority of our sales and is a field where we have established a strong position. Even as a leader within this market, we believe there is significant headroom for growth. (Figure 1)

We expect the proteomic research reagents market to grow at a long-term growth rate of approximately 4% per annum (excluding any impact from COVID-19). We believe this growth will be driven primarily by:

A growing number of life science researchers and research studies

An increase in the total available funding for proteomic and other related research

Technological advancements which increase the throughput, data, efficiency and speed of biological research

Inflationary increases in the price of proteomic reagents

Figure 1: Breakdown of $3bn proteomic reearch reagent market

Figure 2: National Institute of Health, Annual Budget ($bn)

https://fas.org/sgp/crs/misc/R41705.pdf

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