Product Code: GVR-4-68039-172-8
Proteinase K Market Growth & Trends:
The global proteinase K market size is expected to reach USD 7.8 billion by 2030, registering a CAGR of 8.7% during the forecast period, according to a new report by Grand View Research, Inc.. The market growth is fueled by a broad range of applications in molecular diagnostic techniques and their associated enzymes for IVD. Proteinase K can be utilized as a supplement in PCR and NGS. Increasing applications of NGS in personalized medicine along with various clinically developed therapies are likely to favor the market for proteinase K. Gene expression profiling and targeted panels via qPCR remain the two most frequent uses for NGS sequences in a pathology lab. In addition, a decline in the price of NGS sequencing has expanded the use of NSC technologies. Therefore, the growing demand for NGS diagnostic techniques is expected to boost the market growth.
In addition, the rising adoption of cell separation procedures is one of the major factors contributing to the market growth. Companies have initiated building sustainable technologies to gain a competitive edge in the market. For instance, in April 2022, Levitas Bio introduced the next generation of its existing platform for cell separation. The new version is expected to assist researchers in scaling their experiments up to 16X and process around 40 million cells per run.
Moreover, the usage of POC-based diagnostics is increasing significantly globally. Public awareness campaigns aimed at identifying the symptoms of infectious diseases and ways to prevent them play an important role in controlling disease transmission. Thus, increased patient attention has led to a rise in demand for POC. For instance, in May 2020, a study on POC testing for COVID-19 through Specific High Sensitivity Enzymatic Reporter UnLOCKing (SHERLOCK) diagnostics was published. The researchers used QuickExtract by Lucigen, which contains Proteinase K. Thus, the growing demand for POC diagnostics and the utility of proteinase K in POC diagnostic tests are expected to fuel market growth.
Furthermore, growing applications of proteinase K in molecular biology and other fields are expected to create lucrative opportunities in the near future. Proteinase K is used in the food and beverage industry to maintain quality standards. Food manufacturers work to maintain the quality of raw materials used for manufacturing. In addition, proteinase K is used for cell lysis during DNA extraction from processed foods. The enzyme also finds application in a wide range of molecular biology assays. Hence, such applications of proteinase K are anticipated to drive the market during the forecast period.
Proteinase K Market Report Highlights:
- By form, the powder segment accounted for a dominant share in 2022. Advantages of powder form include long shelf-life, inexpensive shipment, and high stability. Thus, such advantages are expected to increase the adoption of powder
- By therapeutic area, the infectious diseases segment captured the largest share in 2022. Presence of proteinase K in the rapid molecule testing along with increasing incidence of infectious diseases in low- to mid-income countries is anticipated to encourage players to develop products that are easy to operate in a low-resource setting. This is, in turn, accelerating the market growth
- By application, the isolation and purification of genomic DNA and RNA segment held the largest share in 2022. With the emerging need for personalized treatment in cancer and rare diseases, the demand for DNA or RNA isolation is anticipated to witness upward trends and similar trends will be reflected in the market
- By end-use, biotechnology companies held a leading revenue share in 2022. This is due to an increase in the application of In Situ Hybridization (ISH) techniques to support clinical and preclinical studies for biotechnology companies
- North America occupied the largest market share in 2022 and is expected to maintain its lead over the forecast period owing to the high demand for proteinase K and the increasing prevalence of infectious diseases in the region
- Asia Pacific is projected to grow considerably in the future owing to increasing applications of sequencing technology, coupled with various government initiatives to promote genomics research.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Form
- 1.1.2. Therapeutic area
- 1.1.3. End use
- 1.1.4. Application
- 1.1.5. Regional scope
- 1.1.6. Estimates and forecast timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.4. Information or Data Analysis
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.7. List of Secondary Sources
- 1.8. List of Primary Sources
- 1.9. Objectives
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Form outlook
- 2.2.2. Therapeutic area outlook
- 2.2.3. End use outlook
- 2.2.4. Application outlook
- 2.2.5. Regional outlook
- 2.3. Competitive Insights
Chapter 3. Proteinase K Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Related/ancillary market outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Market Dynamics
- 3.3.1. Market driver analysis
- 3.3.2. Market restraint analysis
- 3.4. Proteinase K Market Analysis Tools
- 3.4.1. Industry Analysis - Porter's
- 3.4.1.1. Supplier power
- 3.4.1.2. Buyer power
- 3.4.1.3. Substitution threat
- 3.4.1.4. Threat of new entrant
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Technological landscape
- 3.4.2.3. Economic landscape
Chapter 4. Proteinase K: Form Estimates & Trend Analysis
- 4.1. Proteinase K Market: Key Takeaways
- 4.2. Proteinase K Market: Movement & Market Share Analysis, 2022 & 2030
- 4.3. Powder
- 4.3.1. Powder market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4. Liquid
- 4.4.1. Liquid market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 5. Proteinase K: Therapeutic Area Estimates & Trend Analysis
- 5.1. Proteinase K Market: Key Takeaways
- 5.2. Proteinase K Market: Movement & Market Share Analysis, 2022 & 2030
- 5.3. Infectious Diseases
- 5.3.1. Infectious diseases market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.4. Diabetes
- 5.4.1. Diabetes market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.5. Oncology
- 5.5.1. Oncology market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.6. Cardiology
- 5.6.1. Cardiology market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.7. Nephrology
- 5.7.1. Nephrology market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.8. Autoimmune Diseases
- 5.8.1. Autoimmune diseases market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.9. Neurology
- 5.9.1. Neurology market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.10. Others
- 5.10.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 6. Proteinase K: End Use Estimates & Trend Analysis
- 6.1. Proteinase K Market: Key Takeaways
- 6.2. Proteinase K Market: Movement & Market Share Analysis, 2022 & 2030
- 6.3. Isolation and Purification of Genomic DNA & RNA
- 6.3.1. Isolation and purification of genomic DNA & RNA market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.4. In Situ Hybridization
- 6.4.1. In situ hybridization market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.5. Mitochondria Isolation
- 6.5.1. Mitochondria isolation market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 7. Proteinase K: Application Estimates & Trend Analysis
- 7.1. Proteinase K Market: Key Takeaways
- 7.2. Proteinase K Market: Movement & Market Share Analysis, 2022 & 2030
- 7.3. Contract Research Organization
- 7.3.1. Contract research organization market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.4. Academic Institutes
- 7.4.1. Academic institutes market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.5. Biotechnology Companies
- 7.5.1. Biotechnology companies market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.6. Diagnostic Laboratories
- 7.6.1. Diagnostic laboratories market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 8. Proteinase K Market: Regional Estimates & Trend Analysis
- 8.1. Regional Outlook
- 8.2. Proteinase K Market by Region: Key Takeaways
- 8.3. North America
- 8.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.3.2. U.S.
- 8.3.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.3.3. Canada
- 8.3.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.4. Europe
- 8.4.1. UK
- 8.4.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.4.2. Germany
- 8.4.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.4.3. France
- 8.4.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.4.4. Italy
- 8.4.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.4.5. Spain
- 8.4.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.4.6. Denmark
- 8.4.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.4.7. Sweden
- 8.4.7.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.4.8. Norway
- 8.4.8.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.5. Asia Pacific
- 8.5.1. Japan
- 8.5.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.5.2. China
- 8.5.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.5.3. India
- 8.5.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.5.4. Australia
- 8.5.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.5.5. Thailand
- 8.5.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.5.6. South Korea
- 8.5.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.6. Latin America
- 8.6.1. Brazil
- 8.6.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.6.2. Mexico
- 8.6.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.6.3. Argentina
- 8.6.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.7. MEA
- 8.7.1. South Africa
- 8.7.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.7.2. Saudi Arabia
- 8.7.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.7.3. UAE
- 8.7.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.7.4. Kuwait
- 8.7.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis, By Key Market Participants
- 9.2. Market Participant Categorization
- 9.2.1. Merck KGaA
- 9.2.1.1. Company overview
- 9.2.1.2. Financial performance
- 9.2.1.3. Product benchmarking
- 9.2.1.4. Strategic initiatives
- 9.2.2. QIAGEN
- 9.2.2.1. Company overview
- 9.2.2.2. Financial performance
- 9.2.2.3. Product benchmarking
- 9.2.2.4. Strategic initiatives
- 9.2.3. Thermo Fisher Scientific, Inc.
- 9.2.3.1. Company overview
- 9.2.3.2. Financial performance
- 9.2.3.3. Product benchmarking
- 9.2.3.4. Strategic initiatives
- 9.2.4. F. Hoffmann-La Roche Ltd
- 9.2.4.1. Company overview
- 9.2.4.2. Financial performance
- 9.2.4.3. Product benchmarking
- 9.2.4.4. Strategic initiatives
- 9.2.5. Abcam plc.
- 9.2.5.1. Company overview
- 9.2.5.2. Financial performance
- 9.2.5.3. Product benchmarking
- 9.2.5.4. Strategic initiatives
- 9.2.6. Agilent Technologies, Inc.
- 9.2.6.1. Company overview
- 9.2.6.2. Financial performance
- 9.2.6.3. Product benchmarking
- 9.2.6.4. Strategic initiatives
- 9.2.7. Biocatalysts
- 9.2.7.1. Company overview
- 9.2.7.2. Financial performance
- 9.2.7.3. Product benchmarking
- 9.2.7.4. Strategic initiatives
- 9.2.8. Minerva Biolabs GmbH
- 9.2.8.1. Company overview
- 9.2.8.2. Financial performance
- 9.2.8.3. Product benchmarking
- 9.2.8.4. Strategic initiatives
- 9.2.9. Promega Corporation
- 9.2.9.1. Company overview
- 9.2.9.2. Financial performance
- 9.2.9.3. Product benchmarking
- 9.2.9.4. Strategic initiatives
- 9.2.10. Takara Bio Inc.
- 9.2.10.1. Company overview
- 9.2.10.2. Financial performance
- 9.2.10.3. Product benchmarking
- 9.2.10.4. Strategic initiatives
- 9.2.11. New England Biolabs
- 9.2.11.1. Company overview
- 9.2.11.2. Financial performance
- 9.2.11.3. Product benchmarking
- 9.2.11.4. Strategic initiatives
- 9.2.12. MP BIOMEDICALS.
- 9.2.12.1. Company overview
- 9.2.12.2. Financial performance
- 9.2.12.3. Product benchmarking
- 9.2.12.4. Strategic initiatives