Protein Sequencing Market Report 2025

This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The protein sequencing market size has grown rapidly in recent years. It will grow from $1.7 billion in 2024 to $1.88 billion in 2025 at a compound annual growth rate (CAGR) of 10.5%. The growth in the historic period can be attributed to research demand, medical diagnostics, pharmaceutical development, agricultural applications, forensic analysis, biomarker discovery, and genetic evolution studies.

The protein sequencing market size is expected to see rapid growth in the next few years. It will grow to $2.76 billion in 2029 at a compound annual growth rate (CAGR) of 10.1%. The growth in the forecast period can be attributed to clinical genomics integration, expanded agricultural genomics, drug safety and pharmacogenomics, prenatal and newborn screening, and environmental DNA analysis. Major trends in the forecast period include growing demand for next-generation sequencing, increasing applications in clinical diagnostics, and rising investments in genomics research, expanding use in personalized medicine.

The increasing prevalence of genetic illnesses is expected to drive the growth of the protein sequencing market. Genetic illnesses are diseases or disorders caused by abnormalities or mutations in an individual's genetic material, typically DNA. These mutations can either occur spontaneously or be inherited from parents. Protein sequencing plays a crucial role in identifying genetic variants responsible for these diseases and in detecting protein biomarkers, which are molecules that indicate a specific disease or physiological condition. For example, in April 2023, the United States National Library of Medicine reported that the number of new genetic tests in the U.S. increased from around 1,000 tests in 2021 to approximately 3,000 tests in 2022. As a result, the rise in genetic illnesses is fueling the growth of the protein sequencing market.

Leading companies in the protein sequencing market are innovating with advanced technology products, particularly upgraded sequencing kits, to maintain a competitive edge. Sequencing kits, comprising reagents, chemicals, and materials necessary for sample preparation and sequencing experiments, are continually evolving to meet the demands of the market. For instance, Quantum-Si unveiled its Protein Sequencing Kit V2 in February 2024, an enhancement for its Platinum protein sequencing platform. This upgrade offers improved sequencing performance, incorporating assay enhancements such as a new amino acid recognizer and advanced analytical and inference tools for identifying unknown proteins. These advancements not only enhance sequencing performance and reproducibility but also enable the identification of unknown proteins, accompanied by a significant reduction in cost per amino acid.

In October 2023, Thermo Fisher Scientific bolstered its presence in the proteomics market through the acquisition of Olink Holding AB for $3.1 billion. This strategic move is poised to augment Thermo Fisher's capabilities in the high-growth proteomics market, complementing its existing life sciences and mass spectrometry offerings. Olink Holding AB, based in Sweden, is dedicated to accelerating proteomics research across multiple disease areas, fostering collaborations with the scientific community to drive new discoveries and improve patient outcomes. This acquisition underscores Thermo Fisher's commitment to advancing proteomics and underscores the market's potential for growth.

Major companies operating in the protein sequencing market are F Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Merck KGaA, Eurofins Scientific SE, Illumina Inc., Beckman Coulter Inc., PerkinElmer Inc., BGI Group, LGC Limited, GenScript Biotech Corporation, Oxford Nanopore Technologies Ltd., Pacific Biosciences of California Inc., Macrogen Inc., GENEWIZ Inc., Quintara Biosciences Inc., Source BioScience plc, Microsynth AG, Fasteris SA, GenHunter Corporation, Nucleics Pty Ltd., SciGenom Labs Pvt Ltd., StarSEQ GmbH, GATC Biotech AG, Agilent Technologies Inc., CeMIA SA.

North America was the largest region in the protein sequencing market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the protein sequencing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the protein sequencing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The protein sequencing market consists of revenues earned by providing services such as N-terminal protein sequencing, de novo amino acid sequencing, peptide mapping, de novo antibody sequencing, and amino acid analysis. The market value includes the value of related goods sold by the service provider or included within the service offering. The protein sequencing also includes sales of mass spectrometry instruments and Edman degradation sequencers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

Protein sequencing involves deciphering the specific sequence of amino acids within a protein or peptide, which is essential for comprehending its structure and function in biomedical research.

The primary offerings in protein sequencing encompass both products and services. Protein sequencing products comprise tools and materials utilized in the determination of amino acid sequences in proteins. These products find applications in various fields such as bio-therapeutics, genetic engineering, among others, catering to end-users including pharmaceutical and biotechnology companies. Additionally, protein sequencing services provide specialized expertise and support in performing protein sequencing analyses for research and development purposes.

The protein sequencing market research report is one of a series of new reports that provides protein sequencing market statistics, including protein sequencing industry global market size, regional shares, competitors with protein sequencing market share, detailed protein sequencing market segments, market trends, and opportunities, and any further data you may need to thrive in the protein sequencing industry. This protein sequencing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.