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Global Green Fluorescent Protein Market – Industry Trends and Forecast to 2030

Healthcare

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Global Green Fluorescent Protein Market – Industry Trends and Forecast to 2030

  • Healthcare
  • Upcoming Report
  • Sep 2023
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Green Fluorescent Protein Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 328.19 USD Million
Diagram Market Size (Forecast Year) USD 589.37 USD Million
Diagram CAGR %

Major Markets Players

  • Thermo Fisher Scientific
  • Biocompare
  • Merck KGaA
  • Novus Biologicals
  • COSMO BIO co.

Global Green Fluorescent Protein Market, By Type (dsRed, eqFP611, Dronpa, TagRFPs, KFP, EosFP/IrisFP, Dendra), Application (Transcription Reporter, Förster Resonance Energy Transfer, Split EGFP, Biosensors, Cell Marking and Cell Selection, Fluorescence, Purification) - Industry Trends and Forecast to 2030.

Green Fluorescent Protein Market

Green Fluorescent Protein Market Analysis and Size

The increasing demand for green fluorescent protein (GFP), assay kits in various industries such as electronics, automotive, healthcare, and construction and expansion of the use of these kits in different sectors is attributed to market growth. The major market players are highly focusing on product launches during this crucial period. In addition, the government and regulatory bodies are supporting market players with product approval due to surging emergence. The market is supportive and aims to witness steady growth.

Data Bridge Market Research analyses that the global green fluorescent protein market was valued at USD 328.19 million in 2022 and is expected to reach USD 589.37 million by 2030, and is expected to grow at a CAGR of 7.83% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Green Fluorescent Protein Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Year

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Type (dsRed, eqFP611, Dronpa, TagRFPs, KFP, EosFP/IrisFP, Dendra), and Application (Transcription Reporter, Förster Resonance Energy Transfer, Split EGFP, Biosensors, Cell Marking and Cell Selection, Fluorescence, and Purification)

Countries Covered

U.S., Canada, Mexico in North America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Rest of Middle East and  Africa

Market Players Covered

Thermo Fisher Scientific Inc. (U.S.), Biocompare (U.S.), Merck KGaA (Germany), Novus Biologicals (U.S.), COSMO BIO co., ltd. (Japan), Bio-Rad Laboratories, Inc. (U.S.), Sino Biological Inc. (China), General Electric (U.S.), AnaSpec, Inc. (U.S.) and Takara Bio Inc (Japan)

Market Opportunities

  • Advancements in biomedical research
  • Drug discovery and development
  • Growing technological advancements
  • Rising research and development activities

 

Market Definition

The green fluorescent protein is a protein which create bright green light when it is exposed to the light and mainly help the “Aequorea Victoria Jellywish” to glow. It is also used as the visual tag for the expression of other gene. It usually consist of 238 amino acids in which three of them form a structure that emits visible green fluorescent light. Purification, biosensors, cell marking and selection, transcription reporter among others are some of the application of green fluorescent protein.The stable and non-toxic nature of the green fluorescent protein and technological development for the launch of new products are the key factors driving the market growth.

Global Green Fluorescent Protein Market Dynamics

Drivers

  • Wide Applications of Green Fluorescent Protein

The green fluorescent protein has been recognized as a marker in intact cells for gene expression and protein targeting. In biological studies, it is extensively used as genetically encoded fluorescent markers which enables multicolor labelling. It is used in the study of interactions between proteins.

It has multiple application including as reporter gene, active indicator, fusion tag in biological studies which is acting as a driver for the growth of the market.

  • Advantages Associated with Green Fluorescent Protein

The biggest advantage of green fluorescent protein is that it can be heritable, depending on how it was introduced, allowing for continued study of cells and tissues it is expressed in. The visualizing green fluorescent protein is non-invasive. It requires only illumination with blue light. Moreover, if used with a monomer it is able to diffuse readily throughout cells.

Therefore the advantages associated with green fluorescent protein is expected to act as a driver for the growth of the market.

Opportunities

  • Advancements in Biomedical Research

The growth of the green fluorescent protein market could lead to breakthroughs in understanding various biological processes and diseases. Researchers can use GFP to track cellular activities, protein localization, and interactions, which could lead to discoveries in areas like cancer research, neurobiology, and immunology.

  • Drug Discovery and Development

GFP technology can play a crucial role in drug discovery by enabling the visualization of drug interactions within cells and tissues. As the GFP market expands, more efficient and effective drug screening methods could emerge, potentially accelerating the development of new therapeutic agents.

Restraint/ Challenge

  • Limitations of green fluorescent protein

It is necessary that each fusion protein be tested for its functionality in vivo because green fluorescent protein tag is so relatively large that affect the function of fused protein which is of interest.
The signal cannot be amplified in a controlled manner, possibility preventing detection of low expression levels. Hence, these limitations may hamper the growth of the market.

This global green fluorescent protein market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global green fluorescent protein market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Green Fluorescent Protein Market Scope

The global green fluorescent protein market is segmented into two notable segments based on type and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

Type

  • dsRed
  • eqFP611
  • Dronpa
  • TagRFPs
  • KFP
  • EosFP/IrisFP
  • Dendra

Application

  • Transcription Reporter
  • Förster Resonance Energy Transfer
  • Split EGFP
  • Biosensors
  • Cell Marking and Cell Selection
  • Fluorescence
  • Purification

Global Green Fluorescent Protein Market Regional Analysis/Insights

The global green fluorescent protein market is analyzed, and market size insights and trends are provided based on type and application as mentioned above.

The countries covered in this market report are the U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Rest of Middle East and Africa

North America is expected to dominate the global green fluorescent protein market due to increase in the research and development activities in biomedical field.

Asia-Pacific is the expected region in terms of growth in green fluorescent protein market due to rise in the technological advancements and modernization in the healthcare techniques and rise in the research and development activities in the healthcare sector in this region.

The country section of the report also provides individual market-impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as downstream and upstream value chain analysis, technical trends, Porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands and the impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Global Green Fluorescent Protein Market Share Analysis

The global green fluorescent protein market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the green fluorescent protein market.

Some of the major players operating in the global green fluorescent protein market are:

  • Thermo Fisher Scientific Inc. (U.S.)
  • Biocompare (U.S.)
  • Merck KGaA (Germany)
  • Novus Biologicals (U.S.)
  • COSMO BIO co., ltd. (Japan)
  • Bio-Rad Laboratories, Inc. (U.S.)
  • Sino Biological Inc. (China)
  • General Electric (U.S.)
  • AnaSpec, Inc. (U.S.)
  • Takara Bio Inc (Japan)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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FREQUENTLY ASK QUESTIONS

The green fluorescent protein market size will be worth USD 589.37 million by 2030.
The growth rate of the green fluorescent protein market is 7.83% by 2030.
Wide Applications of Green Fluorescent Protein & Advantages Associated with Green Fluorescent Protein are the growth drivers of the green fluorescent protein market.
Type and application are the factors on which the green fluorescent protein market research is based.
Major companies in the green fluorescent protein market are Thermo Fisher Scientific Inc. (U.S.), Biocompare (U.S.), Merck KGaA (Germany), Novus Biologicals (U.S.), COSMO BIO co., ltd. (Japan), Bio-Rad Laboratories, Inc. (U.S.), Sino Biological Inc. (China), General Electric (U.S.), AnaSpec, Inc. (U.S.) and Takara Bio Inc (Japan)
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