Proteomics Market Size, Share, Analysis and Forecast to 2030

Ashapatil555016 Feb, 2023Business

Increasing need for personalized medicine, R&D expenditure, technological advancements and increased funding for proteomics project are expected to drive the market growth over the forecast period. For instance, in July 2017, Biognosys AG received USD 5 million funding from its new as well as existing investors. These new funds will be used for extending commercial operations and also to accelerate the development of next generation proteomics workflows. However, reduced funding in key markets of proteomics, high cost of tools & equipment and lack of skilled researchers can restrain the market growth over the assessment period.