Decoding Proteomics: Key Technology Segmentation Insights for Market Leaders
The global proteomics market was valued at an estimated USD 24.29 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 13.10% from 2024 to 2030. Several key factors are contributing to this robust market growth, including the rising prevalence of chronic and infectious diseases, an increasing demand for rapid and advanced diagnostic solutions tailored to specific diseases, and a growing interest in personalized medicine. Additionally, technological advancements in protein analysis are further propelling this market forward. The increasing incidence of chronic and infectious diseases is a significant driver of growth within the proteomics market. According to predictions from the World Health Organization (WHO), there will be over 35 million new cancer cases by 2050, marking a staggering 77% increase from the approximately 20 million cases estimated in 2022. This surge in disease prevalence is expected to heighten the demand for research focused on p...