Global Protein Crystallization and Crystallography Market to Grow at a Steady CAGR of More than 7% and 10% by 2020

Outlook of the global protein crystallization and crystallography market
Technavio's market research analyst predicts the global protein crystallization and crystallography market to grow at a steady CAGR of more than 7% and 10% by 2020, respectively. Factors such as the recent increase in the demand for protein crystals for structural determination, especially for X-ray crystallography, and the augmented need for high-resolution information on the structure and nature of protein molecules, for applications like drug discovery, protein research, and protein engineering, will result in the growth of this market during the predicted period.

The augmented application of protein crystallography techniques in material sciences will be the key driver for the growth of this market. Protein crystallography techniques are primarily used in the pharmaceutical and biotechnology industries to aid in genetic engineering and drug discovery processes. Moreover, the ability of crystallography techniques to facilitate the study of the crystallization properties of cocoa butter, which is the most important ingredient in chocolate, is a significant factor that impels market growth during the estimated period.

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Segmentation by technique employed and analysis of the protein crystallization and crystallography market
• X-ray diffraction
• NMR spectroscopy
• Electron microscopy

Competitive landscape and key vendors
The global protein crystallization and crystallography market is competitive and is primarily dominated by large vendors like Bruker and Formulatrix. The large providers in this market have a strong global presence, with support centers spread across the globe. The competitive environment in this market is likely to intensify owing to the recent increase in product extensions, new product launches, and new applications of products as well as services.

Key vendors in this market are - 
• Bruker
• Formulatrix
• Hampton Research
• Molecular Dimensions
• Rigaku

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