The Proteinase K Global Market Report 2023, provides comprehensive information on the proteinase k market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global proteinase k market size is expected to grow from $4.06 billion in 2022 to $4.47 billion in 2023 at a compound annual growth rate (CAGR) of 10.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global proteinase k market size is expected to reach $6.49 billion in 2027 at a CAGR of 9.8%.
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Product innovation is a key trend gaining popularity in the proteinase K market. Major companies in the proteinase K market are launching innovative products to sustain their position in the proteinase K market. For instance, in September 2020, Biocatalysts Ltd., a UK-based biotechnology company, launched Proteocut K, a high-quality, cost-effective alternative to liquid proteinase K. The innovative enzyme subtilisin-type serine protease with broad substrate specificity can be used in a range of life science applications. Proteinase K is a subtilisin-type serine endopeptidase with a broad pH profile and substrate specificity, enabling it to hydrolyze various proteins efficiently and effectively. The serine endopeptidase protects K has an activity of about 1,450 U/ml (Hemoglobin assay), is active throughout a broad pH (6.0 – 10.0) and temperature (40 -70°C) range, and can be employed in a variety of life science applications.
The proteinase k market is segmented:
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
North America was the largest region in the proteinase k market in 2022.
The table of contents in TBRC’s proteinase k market report includes:
- Executive Summary
- Proteinase K Market Characteristics
- Proteinase K Market Trends And Strategies
- Proteinase K Market – Macro Economic Scenario
- Proteinase K Market Size And Growth
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- Africa Proteinase K Market
- Proteinase K Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Proteinase K Market
- Proteinase K Market Future Outlook and Potential Analysis
- Appendix
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