Proteinase K Global Market Report 2024

Description

“Proteinase K Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on proteinase k market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for proteinase k? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The proteinase k market global report ” from The Business Research Company answers all these questions and many more.

The 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.

Scope

Markets Covered:

1) By Form: Lyophilized Powder Form; Liquid Form
2) By Therapeutic Area: Infectious Diseases; Diabetes; Oncology; Cardiology; Nephrology; Autoimmune Diseases; Neurology; Other Therapeutic Areas
3) By Application: Isolation And Purification Of Genomic DNA And RNA; In Situ Hybridization; Mitochondria Isolation; Enzyme Removal
4) By End-Use: Contract Research Organization; Academic Institutes; Biotechnology Companies; Diagnostic Laboratories
Companies Mentioned: Merck KGaA; QIAGEN NV; Thermo Fisher Scientific Inc.; F Hoffmann-La Roche Ltd.; Worthington Biochemical Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Proteinase K, a serine protease derived from the mold Tritirachium album, serves as a valuable enzyme for the deactivation of protein contaminants in sample preparations. Widely utilized in DNA extraction processes, this enzyme comes in two primary forms lyophilized powder and liquid.

The lyophilized powder form is obtained through a dehydration process involving freezing and vacuum removal of water. Proteinase K finds applications across various therapeutic areas such as infectious diseases, diabetes, oncology, cardiology, nephrology, autoimmune diseases, and neurology. Its uses extend to isolation and purification of genomic DNA and RNA, in situ hybridization, mitochondria isolation, and enzyme removal.Target customers for Proteinase K include contract research organizations, academic institutes, biotechnology companies, and diagnostics laboratories. Its role in facilitating the efficient processing of samples makes it a key component in research and diagnostic workflows within the specified industries and applications.

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

The proteinase k market size has grown rapidly in recent years. It will grow from $4.47 billion in 2023 to $4.92 billion in 2024 at a compound annual growth rate (CAGR) of 10.0%. The growth observed in the historical period can be attributed to the expansion of biotechnology and life sciences research, advancements in diagnostic testing, the evolving requirements of pharmaceutical development, increased demand for bioprocessing and protein purification, and the growing emphasis on quality control in the food and beverages industry.

The proteinase k market size is expected to see rapid growth in the next few years. It will grow to $7.22 billion in 2028 at a compound annual growth rate (CAGR) of 10.1%. The anticipated growth in the forecast period can be attributed to the sustained expansion of molecular diagnostics, ongoing advancements in precision medicine, the increasing scale of biopharmaceutical manufacturing, research progress in proteomics and genomics, and the rising applications in forensic sciences. Noteworthy trends expected in the forecast period encompass the growth of the pharmaceutical industry, continuous technological advancements, intensified market competition and pricing dynamics, a focus on sustainable and animal-free variants, as well as the impact of global pandemics on the market landscape.

The anticipated growth of the proteinase K market is expected to be driven by the increasing prevalence of chronic diseases. Chronic diseases, lasting more than a year and requiring continuous medical treatment, are a significant target for proteinase K usage. The enzyme plays a crucial role in both preventative and therapeutic applications, facilitating the extraction and isolation of DNA and RNA from viruses associated with various chronic diseases. For instance, data from the National Library of Medicine in January 2023 projected a rise in the number of individuals aged 50 and older with at least one chronic condition in the US, reaching 142.66 million by 2050. This underscores the growing significance of proteinase K in addressing the needs of a population grappling with chronic diseases.

The increasing incidence of infectious diseases, particularly tuberculosis, is poised to contribute to the growth of the proteinase K market. Tuberculosis, caused by the bacterium Mycobacterium tuberculosis, is a global health concern, and proteinase K finds application in TB research by enabling the extraction and isolation of DNA and RNA from the bacterium. Notably, the World Health Organization reported a 4.5% increase in tuberculosis cases in 2021. This highlights the vital role of proteinase K in addressing the rising challenges posed by infectious diseases, further substantiating its market growth potential.

The proteinase K market is witnessing a notable trend towards product innovation, with major companies actively launching novel products to strengthen their positions. One such example is Biocatalysts Ltd., a UK-based biotechnology company, which introduced Proteocut K. This high-quality and cost-effective alternative to liquid proteinase K is a subtilisin-type serine protease with broad substrate specificity, suitable for a variety of life science applications. Its efficient hydrolysis of various proteins is attributed to its broad pH profile (6.0 - 10.0) and temperature range (40 -70°C). This innovative offering enhances the choices available in the proteinase K market, providing users with a versatile enzyme solution.

Companies are focused on continuous product development to stay competitive. ArcticZymes Technologies ASA, a Norway-based biotechnology company, exemplifies this by upscaling production and launching a glycerol-free version of ArcticZymes Proteinase. Known for its high activity and stability, this enzyme is valuable in molecular biology protocols, diagnostics, and bioprocessing. The glycerol-free variant offers enhanced stability at -20°C for up to one year, making it suitable for lyophilization and automated processes.

In January 2023, Lighthouse Pharma, a US-based biopharmaceutical company, acquired the small molecule proteinase inhibitor portfolio from Quince Therapeutics Inc. This acquisition positions Lighthouse Pharma to advance the development of gingipain inhibitors for dementia and other disorders, offering innovative treatment options. Quince Therapeutics Inc., a US-based biotechnology company specializing in proteinase inhibitors, contributes valuable assets to Lighthouse Pharma's research and development efforts.

Major companies operating in the proteinase k market report are Merck KGaA, QIAGEN NV, Thermo Fisher Scientific Inc., F Hoffmann-La Roche Ltd., Worthington Biochemical Corporation, Sigma-Aldrich Co. LLC, Behemoth Inteligencia para os Negocios LTDA, Codexis Inc., Beijing SBS Genetech Co. Ltd., Hoffmann-La Roche Ltd., Amicogen Inc., Amano Enzyme Inc., Sisco Research Laboratories Pvt. Ltd., Promega Corporation, Bioline Diagnostics LLP, Biocompare, BioVision Inc., Creative Enzymes, G-Biosciences, Advanced Enzymes Technologies, Cell Signaling Technology Inc., Dyadic International, Amresco LLC, Abcam plc, Bio Basic Inc., BioChain Institute Inc., BioLegend Inc., Bio-Rad Laboratories Inc., Enzo Life Sciences Inc., GenScript Biotech Corporation

North America was the largest region in the global proteinase k market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global proteinase k market during the forecast period. The regions covered in the proteinase k market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the proteinase k market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The proteinase K market consists of sales of acid proteinase, neutral proteinase, and alkaline proteinase. 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).

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.

Product Code: r12032

1. Executive Summary

2. Proteinase K Market Characteristics

3. Proteinase K Market Trends And Strategies

4. Proteinase K Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global Proteinase K Market Size and Growth

5.1. Global Proteinase K Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Proteinase K Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Proteinase K Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Proteinase K Market Segmentation

6.1. Global Proteinase K Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Lyophilized Powder Form
Liquid Form
6.2. Global Proteinase K Market, Segmentation By Therapeutic Area, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Infectious Diseases
Diabetes
Oncology
Cardiology
Nephrology
Autoimmune Diseases
Neurology
Other Therapeutic Areas
6.3. Global Proteinase K Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Isolation And Purification Of Genomic DNA And RNA
In Situ Hybridization
Mitochondria Isolation
Enzyme Removal
6.4. Global Proteinase K Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Contract Research Organization
Academic Institutes
Biotechnology Companies
Diagnostic Laboratories

7. Proteinase K Market Regional And Country Analysis

7.1. Global Proteinase K Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Proteinase K Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Proteinase K Market

8.1. Asia-Pacific Proteinase K Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Proteinase K Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Proteinase K Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Proteinase K Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Proteinase K Market

9.1. China Proteinase K Market Overview
9.2. China Proteinase K Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Proteinase K Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Proteinase K Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Proteinase K Market

10.1. India Proteinase K Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Proteinase K Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Proteinase K Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Proteinase K Market

11.1. Japan Proteinase K Market Overview
11.2. Japan Proteinase K Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Proteinase K Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Proteinase K Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Proteinase K Market

12.1. Australia Proteinase K Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Proteinase K Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Proteinase K Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Proteinase K Market

13.1. Indonesia Proteinase K Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Proteinase K Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Proteinase K Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Proteinase K Market

14.1. South Korea Proteinase K Market Overview
14.2. South Korea Proteinase K Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Proteinase K Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Proteinase K Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Proteinase K Market

15.1. Western Europe Proteinase K Market Overview
15.2. Western Europe Proteinase K Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Proteinase K Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Proteinase K Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Proteinase K Market

16.1. UK Proteinase K Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Proteinase K Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Proteinase K Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Proteinase K Market

17.1. Germany Proteinase K Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Proteinase K Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Proteinase K Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Proteinase K Market

18.1. France Proteinase K Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Proteinase K Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Proteinase K Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Proteinase K Market

19.1. Italy Proteinase K Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Proteinase K Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Proteinase K Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Proteinase K Market

20.1. Spain Proteinase K Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Proteinase K Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Proteinase K Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Proteinase K Market

21.1. Eastern Europe Proteinase K Market Overview
21.2. Eastern Europe Proteinase K Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Proteinase K Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Proteinase K Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Proteinase K Market

22.1. Russia Proteinase K Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Proteinase K Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Proteinase K Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Proteinase K Market

23.1. North America Proteinase K Market Overview
23.2. North America Proteinase K Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Proteinase K Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Proteinase K Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Proteinase K Market

24.1. USA Proteinase K Market Overview
24.2. USA Proteinase K Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Proteinase K Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Proteinase K Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Proteinase K Market

25.1. Canada Proteinase K Market Overview
25.2. Canada Proteinase K Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Proteinase K Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Proteinase K Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Proteinase K Market

26.1. South America Proteinase K Market Overview
26.2. South America Proteinase K Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Proteinase K Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Proteinase K Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Proteinase K Market

27.1. Brazil Proteinase K Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Proteinase K Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Proteinase K Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Proteinase K Market

28.1. Middle East Proteinase K Market Overview
28.2. Middle East Proteinase K Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Proteinase K Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Proteinase K Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Proteinase K Market

29.1. Africa Proteinase K Market Overview
29.2. Africa Proteinase K Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Proteinase K Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Proteinase K Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Proteinase K Market Competitive Landscape And Company Profiles

30.1. Proteinase K Market Competitive Landscape
30.2. Proteinase K Market Company Profiles
- 30.2.1. Merck KGaA
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. QIAGEN NV
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Thermo Fisher Scientific Inc.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. F Hoffmann-La Roche Ltd.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Worthington Biochemical Corporation
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Proteinase K Market Competitive Benchmarking

32. Global Proteinase K Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Proteinase K Market

34. Proteinase K Market Future Outlook and Potential Analysis

34.1 Proteinase K Market In 2028 - Countries Offering Most New Opportunities
34.2 Proteinase K Market In 2028 - Segments Offering Most New Opportunities
34.3 Proteinase K Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer