Worldwide proteomics market projected to experience a 12% overall compound annual growth rate (CAGR) for the next five years

August 26, 2004 -- Research and Markets announces the addition of "Proteomics 2003: A Strategic Market Outlook and Business Analysis" to its offerings.

Understanding of the intricate molecular machinery within the human body is not accomplished with the completion of the human genome project. DNA sequence is predictive of protein structure and mRNA expression is predictive of protein levels, but the functions that are ascribed to genes are actually performed by the proteins they encode. Thus, many believe that the only way to truly elucidate the molecular workings of human cells; and thereby understand the mechanisms of life, health, and disease; is to study the associations and functions of proteins.

Successful mapping of the human genome has given rise to a series of "omics" fields that aid in drug discovery and development. Proteins have been the focus of pharmaceutical study for decades. Sequencing of the genome has permitted the acceleration of protein chemistry to create the high throughput studies currently called "proteomics."

The worldwide proteomics market is projected to experience a 12% overall compound annual growth rate (CAGR) for the next five years. Protein separation is the largest market segment with an estimated 51% market share in 2003. The U.S. market share is at 45%, with Europe at 40% and Japan at 10%.

For a thorough analysis of this high-growth market, this report:
- analyzes the market drivers and how they will expand the category and increase market share
- thoroughly examines the innovation of novel drug discovery
- reviews in-depth the market, including segment market projections
- examines the current environment and its effect on the future of proteomics
- evaluates leading business models and recommends potential business strategies for current marketers as well as new entrants to the market.

For a complete index of this report click on http://www.researchandmarkets.com/reports/222283

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