Protein Chip Market 2025 Industry Future Growth, Key Player Analysis and Forecast 2033
The global protein chip market is expected to grow from USD 1.34 billion in 2022 to USD 3.07 billion by 2032, at a CAGR of 8.65% from 2023-2032. The increasing incidence of cancer facilitating the need for targeted treatment will augment the growth of the global protein chip market. Key Drivers Include: Rising Demand for Personalized Medicine : Protein chips are crucial for biomarker discovery and targeted therapy development, driving adoption. Increase in Proteomics Research : Growth in research to understand disease mechanisms, especially cancer and autoimmune disorders, is boosting demand. Technological Advancements : Improvements in protein chip sensitivity, throughput, and miniaturization are enhancing application scope. Government and Private Sector Funding : Investment in life sciences and genomics research supports protein chip development and deployment. Key Market Restraints: High Cost of Equipment and Reagents : Expensive instrumentation and consumables can...