Proteomics Market Worth $38.7 Billion by 2024 - Exclusive Report by MarketsandMarkets™

MarketsandMarkets forecasts the Proteomics market to grow from USD 19.49 billion in 2019 to USD 38.74 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 14.7% during the forecast period. An increase in the research activity, especially in the area of personalized medicine and drug discovery is the primary growth driver for this market. In addition, the increasing R&D expenditure by pharmaceutical and biotechnology companies, increasing government funding, and technological advancements are also propelling the growth of the proteomics market. The objective of the report is to define, describe, and forecast the proteomics market size based on instrumentation technology, reagent, service & software, application, and region.
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