New York - May 31st, 2019 - Creative Biostructure, specialized in providing contract services to both academic and biotech/pharmaceutical industries in the field of structural biology, offering insightful strategies and cost-effective services on structure determination of macromolecules using X-ray Crystallography, EM, NMR, etc. Recently, Creative Biostructure releases its brief analysis of current protein crystallization market.
By 2020, the global protein crystallization and crystallology market will grow at a steady compound annual growth rate of more than 7% and 10%, respectively. Increased demand for protein crystals such as the recent use for structural determination, especially for X-ray crystallography, and increased demand for high-resolution information on the structure and properties of protein molecules, such as drug discovery, protein research, and protein engineering, will lead to growth in this market during the forecast period.
The enhanced application of protein crystallography in materials science will be a key driver of growth in this market. Protein crystallography technology is used primarily in the pharmaceutical and biotechnology industries to aid in genetic engineering and drug discovery processes. In addition, the ability of crystallization technology to promote the study of the crystalline properties of cocoa butter, the most important component of chocolate, is an important factor driving the market's growth during the estimation period.
Technology segmentation and protein crystallization and crystallographic market analysis mainly include:
• X-ray diffraction
• Nuclear magnetic resonance spectroscopy
• Electron microscope
In this market analysis, analysts estimate that the field of X-ray crystallography is the largest market segment in the forecast period. The sector currently accounts for more than 64% of the total market share, and because of its simple process and low operating costs, it is expected to remain dominant in the market by 2020, especially compared to Electron microscopy.
The global protein crystallization and crystallology markets are competitive and are dominated by many large suppliers. The large suppliers in this market have strong global influence and their support centers are spread all over the world. The competitive environment in this market may increase due to recent product expansion, new product launches, and new applications for products and services.
About Creative Biostructure
Founded in 2005, as a state-of-art supplier in the field of structural biology, Creative Biostructure is able to focus on solving the structure of many challenging proteins including GPCRs, ion channels, transporters, enzymes and viral targets. Creative Biostructure is a well-recognized industry leader with more than 10 years of experience and supports researchers worldwide.
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