Latest industry research report on Protein Engineering Market. Protein engineering can be defined as the modification of protein structure with recombinant DNA technology or chemical treatment to serve a desirable function and better use in medicine, industry and agriculture. Preference for protein-based drugs to non-protein-based ones along with reduced overall timeline and lower cost for drug discovery are the factors that are likely to drive the protein engineering market. High prevalence rate of lifestyle diseases along growth in funding for protein engineering. High cost of tools and instruments used in protein engineering techniques are the factors that drive the growth of the market.
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The demand of protein engineering developing countries coupled with preference of protein therapy over gene therapy along with the expiry of blockbuster biologics drugs in the near future. Lack of qualified researchers is the factors that offer abundant growth opportunities in the market.
The report segments the market on the basis of products, technology, protein type, end-user, and geography.
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