Cell Culture Protein Surface Coating Market Size to Grow by $ 433.78 Million through 2021-2025 | Forecast and Trend Analysis
Technavio has been monitoring the cell culture protein surface coating market and it is expected to grow by $ 433.78 Million, accelerating at a CAGR of almost 11.81% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking
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Cell Culture Protein Surface Coating Market: Emerging Trends to Impact Market Growth
Growth by the synthetic protein segment will be significant during the forecast period. Synthetic protein has been the latest development in the field of protein surface coating market and has garnered significant market demand. These proteins are manufactured using peptides, which consist of a short chain of amino acid linked by peptide bonds that is not easily contaminated. Also, synthetic peptides can be made as exact copies of protein fragments, along with diverse chemical and peptide backbone modifications involving the use of a large range of non-proteinogenic amino acids. The market demand for synthetic protein is likely to increase during the forecast period, owing to its improved attributes, which gives it an edge over other protein sources such as animal-derived, human, and plant proteins.
This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will enable clients to assess their play in the market and plan for growth opportunities.
Cell Culture Protein Surface Coating Market: Vendor Analysis
The market is concentrated due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Biomedtech Laboratories Inc., Bio Techne Corp., BioVision Inc., Corning Inc., Greiner Bio One International GmbH, Kollodis BioSciences Inc., Merck KGaA, Neuvitro Corp., PerkinElmer Inc., and Thermo Fisher Scientific Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
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