Protein Stability Analysis Market Size Expected to Grow to 2.1 Billion

Projections for the 2019 protein stability analysis market are in, and the future is looking good for both US and global interests in the market. In 2018, North America – specifically, the United States and Canada – held the largest share of the $1.8 billion protein stability analysis market. As both fiscal and calendar year 2019 begin to wind down, experts say this year, as well as the near future, is set to exceed expectations once again.

Overall, the protein stability analysis market has experienced such positive growth due to the increasing popularity of the adoption of open innovation models by both pharmaceutical and biotechnology companies. In short, this indicates that companies in these industries are more likely to utilize both internal and external ideas to advance their technologies. These industries are experiencing unprecedented growth in and of themselves, and thus have a larger share of funds to access outside technology. 

What Is Protein Stability Analysis? 

Protein stability is a primary concern for many industries, including the aforementioned pharmaceutical and biotechnology industries as well as food, health, and academic companies. These industries use and analyze proteins for multiple purposes, including analysis of protein-drug interactions, the study of mutations, protein production and countless other functions. It is essential to determine the stability of a protein under various conditions to gain knowledge regarding its proper purification, expression and storage.

If protein stability remains unknown, improper environmental and storage conditions may occur, such as improper pH, temperature and agitation. Under improper conditions, the protein may assume an unnatural structure, which leads to aggregation of the protein and loss of its normal function. As a result, research performed using these irregular proteins will not return accurate information and can lead to crucial discrepancies in the data utilized by pharmaceutical, biotechnology and other industries.

While protein stability analysis used to be a relatively obscure, time-consuming process, multiple technologies are now available for the analysis of protein stability. Some of the most useful include differential scanning fluorimetry, nano DSF, chromatography, spectroscopy, surface plasma resonance imaging, and differential scanning calorimetry. Specialized instruments designed to perform each of these techniques make analysis more efficient and precise than ever before, and they help drive the market as time goes on. 

What Are Market Projections?

By the close of 2024, market size is projected to nearly double to over 2.1 billion US dollars, a compound annual growth rate of above 10% during the projection period. As a result, potential and current investors alike should have confidence that protein stability analysis will continue this trend after the projection period. In addition, it is likely that all areas of the protein stability analysis market will experience positive movement, including technologies related to differential scanning fluorimetry, chromatography, spectroscopy, differential scanning calorimetry, and surface plasma resonance imaging alike. 

While multiple technologies have been affected by the biomedical and pharmaceutical industries’ increase in open innovation models, the protein stability analysis market is experiencing unprecedented growth. According to market experts, further, future growth of the market relies at least partially on the increasing access to protein stability analysis tools. Only time will tell, but at the moment, the future of the protein stability analysis market is looking more than positive. 

Sources:

https://www.globenewswire.com/news-release/2019/06/21/1872346/0/en/Protein-Stability-Analysis-Market-Global-Forecast-to-2024-Growing-Adoption-of-Open-Innovation-Models-in-Pharmaceutical-and-Biotechnology-Companies.html
https://finance.yahoo.com/news/2-1-bn-protein-stability-213000032.html
http://www.enzolifesciences.com/science-center/technotes/2017/september/how-to-determine-protein-stability/ (research only)
https://resources.nanotempertech.com/ebooks-and-guides/characterizing-protein-stability-powerful-approaches-to-study-protein-denaturation
https://www.sciencedirect.com/topics/neuroscience/protein-stability