Protein Engineering Market a Hybrid Approach Is Predicted To Observe Exponential Growth As A Consequence of Technological Superiority
Protein engineering market with several other technological developments contributed in parallel to establishing protein production field of research. These include the development of efficient bacterial systems for expression of variety of foreign proteins. Secondly the discovery of efficient protein purification techniques such as the phase display technology and the two hybrids systems and, the third progress accomplished in structural biology through extensive and refined application X-ray diffraction techniques as well as the development of 2D NMR.
Protein engineering market design and construction for novel proteins or enzymes with desired properties is by manipulation of their genes. The basic approaches of protein sequencing engineering science are rational design, directed evolution and semi-rational design. Rational design is a computational design which requires amino acids sequence, 3D structure and functional knowledge of proteins of interest. Directed evolution imitates the natural process of evolution by reducing the time frame of evolution from millions of years to few months.
A combination of rational design and directed evolution gives a new approach with improved properties and function of enzymes called as semi rational design. Total protein engineering finds applications in the areas of environmental bioremediation, medicine, biopolymer production, Nano biotechnology and industrially important enzyme production. The market is driven by rising prevalence of protein deficient chronic disease and the demand for alternative to chemical processes. However, the market is lack of experts to strategize the process and huge costs of the process.
Protein engineering market is majorly associated to the increasing prevalence of the use of protein engineering management in healthcare institutes and hospitals. The major companies dominating this market with its products, services, and continuous product development are Bio-Rad Laboratories, Inc, Eli Lilly and Company, Merck and Co., Inc., Genentech Inc. and Johnson & Johnson, etc. North America is leading the stake of the market with half of in U.S. Rising popularity of protein therapy as an alternative will increase in adoption of protein engineering in emerging economies such as China, India and others, will create new opportunities in regions of Asia-Pacific.
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