Proteomics Market: Regional Insights and Growth Trends for 2024 to 2030
The global proteomics market was valued at 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. This robust growth is driven by several key factors, including the rising prevalence of chronic and infectious diseases, the increasing demand for advanced diagnostic solutions for targeted disease treatment, and the growing need for personalized medicine. Additionally, technological advancements in protein analysis are further fueling the market's expansion, providing more precise tools for disease diagnosis and therapy. Factors Driving Market Growth: One of the primary drivers of the proteomics market is the increasing prevalence of chronic and infectious diseases worldwide. The World Health Organization (WHO) projects that the number of new cancer cases will rise to over 35 million by 2050, a 77% increase from the approximate...