South and Central America Protein Expression Market

Market Introduction

Protein expression is a process in which proteins are synthesized, modified and regulated. Protein expression involves laboratory techniques & procedures which aid in manufacture of proteins. The technique allows to produce and purify the desired protein, either inside or outside a cell. The proteins synthesized using protein expression technique can be used for industrial processes or to diagnose and to treat diseases.

Thus, the growing adoption of precision medicines are expected to create a significant demand for protein expression in the coming years, which is further anticipated to drive the protein expression market.

COVID-19 pandemic has become the most significant challenge in the region. However, demand for protein expression systems in this pandemic is inclined from the outbreak of Covid-19, but now the pharma companies are working on developing strategies to develop and manufacture the required reagents, instruments for the research of vaccine fulfill the demands of protein expression. The demand of protein expression in the region is expected to increase due to the rising Covid-19 cases and other diseases such as cancer.  Similarly, Latin America is hit by the COVID-19 pandemic and thus has profound humanitarian, economic, and political consequences. South and Central America are among the regions with rising number of reported cases of COVID-19. They have responded to the situation by closing borders, ordering quarantines, and imposing a host of restrictions to keep people confined at home. The impact of the COVID19 pandemic on the regional protein expression market is moderate.

South and Central America Protein Expression Strategic Insights

Strategic insights for the South and Central America Protein Expression provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

South and Central America Protein Expression Report Scope

South and Central America Protein Expression Regional Insights

The geographic scope of the South and Central America Protein Expression refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The Protein expression market in South and Central America is expected to grow from US$ 91.5 million in 2021 to US$ 158.8 million by 2028; it is estimated to grow at a CAGR of 8.2% from 2021 to 2028. The COVID-19 pandemic has led to significant health, social, and economic crises. The development of a vaccine for COVID-19 is an effective strategy to control the outbreak. It is required that the vaccine is produced at high speed and is easily scalable. Recombinant protein, viral-vectored or nucleic acid-based (recombinant plasmid DNA and mRNA) vaccines need to be considered to shorten the vaccine production timeframe. The use of protein expression is increasing during vaccine development due to the advantages of recombinant protein, which drives the growth of the protein expression market.

Key Market Segments

In terms of product, the reagents segment accounted for the largest share of the South and Central America protein expression market in 2020. In terms of services, the antibody development and production segment accounted for the largest share of the South and Central America protein expression market in 2020. In terms of application, the therapeutic segment accounted for the largest share of the South and Central America protein expression market in 2020.  In terms of end user, the pharmaceutical and biotechnology companies segment accounted for the largest share of the South and Central America protein expression market in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the protein expression market in South and Central America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Thermo Fisher Scientific Inc., GenScript, Merck KGaA, Agilent Technologies, Inc., Takara Bio Inc., Bio-Rad Laboratories Inc., QIAGEN, New England Biolabs, and Promega Corporation.

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• Obtain market revenue forecast for market by various segments from 2021-2028 in South and Central America region.

SOUTH AND CENTRAL AMERICA PROTEIN EXPRESSION MARKET SEGMENTATION

By Product

• Competent Cells
• Expression Vectors
• Reagents
• Instruments

By Services

• Antibody Development & Production
• Protein Expression & Production
• Hybridoma One-Stop Services
• Stable Cell Line Development
• Bioanalytical Assay Services

By Application

• Research
• Therapeutic
• Industrial

By End User

• Pharmaceutical and Biotechnology Companies
• Contract Research Organizations
• Academic Research Institutes
• Others

By Country

• South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America

Companies Mentioned

1. Thermo Fisher Scientific Inc.
2. GenScript
3. Merck KGaA
4. Agilent Technologies, Inc.
5. Takara Bio Inc.
6. Bio-Rad Laboratories Inc.
7. QIAGEN
8. New England Biolabs
9. Promega Corporation