Abstract
Research Overview
Less than favourable return on investment dissuades potential market entrants
Proteomic research may incur huge capital investment and yield poor revenues
for many commercial firms suggesting that there is a required wait period to
cross the chasm as in the market lifecycle to see any foreseeable profits.
With this uncertainty in the reimbursement climate, proteomic research does
not seem to be a welcoming one, as prime applications are perceived in the
clinical diagnostics sector. Although Federal ministries are taking measures
to aid the companies with some financing for these high risk technology
sectors, there is a lot of skepticism prevalent. Notwithstanding the
advancements from 2001, coupled with many proteome initiatives happening in
Europe, this is viewed as a very promising area of research pursuit, only time
holds the keys for the entire proteome to unravel with many technical glitches
solved. Pharmaceutical companies are yet too doubtful if they are prepared to
adopt the new technology into their drug development pipeline and most
importantly companies are wary of the premium pricing that tags along with the
many fold advantages.
Technology furthers innovation, one of the principal factors that propel the proteomics market forward
Proteomics measures qualitative and quantitative changes in protein content in
a tissue in response to a disease or treatment by scoring the protein-protein
interactions. Technology advancements to the classical protein separation
technologies, two-dimensional gel electrophoresis remain an ubiquitous
approach to assess differential protein expressions. As the tools for
expression proteomics find maximum utility in the target discovery phase of
the drug development pipeline, it can be reasonable to expect that with
technical improvisations, low abundant proteins with poor expression levels
can be reliably separated and identified.
The developments of MALDI and ESI technologies have enlarged the scope of
building more versatile mass spectrometers that is virtually the cornerstone
technology in proteomics, with enhanced facilities of automation and
compatibility with other proteomics equipment. The other trend, as suggested
by respondents is the emergence of newer dyes is increasing chances for
improved sensitivity. Technology advancements have been witnessing huge growth
year on year and Frost & Sullivan reckons that by 2011, with more emphasis on
high-throughput approach, nanotechnologies and microfluidics coupled with the
rapid growing mass spectrometry sector will take proteomics to a newer
dimension and boost revenues for the instrument sector.
Public-private partnership to foster new applications using proteomics
A comprehensive evaluation of the technology and service portfolios may need
to be realised by suppliers (Tiers 2-3) to gain market presence. The current
trend in the market has pointed towards the formation of broad partnerships.
It has dawned on many commercial sectors that this is one of the best ways of
maximising opportunities in this area as smaller companies can affiliate
themselves with larger, more recognised suppliers. Suitable company policies
and strategies are likely to increase the probability of achieving success in
this highly dynamic market. The other important collaboration is between
companies and academic research units. Such alliances are likely to be
potentially very interesting, since they are anticipated to be a merger of
disciplines, whereby academic research develops groundbreaking research
methodologies whilst companies can introduce the technology into possible
applications that are likely to boost their business in terms of revenues.
With the current emphasis focused towards small and medium enterprise
initiatives and towards knowledge transfer programmes by all national public
research funding bodies and the European Commission, drug discovery companies
should maximize their chances to foster more projects in proteome research and
bring it up to speed on the commercial scale. In this way, public research
funding institutions can be anticipated to drive the uptake of proteomics
tools in the near future.
Table of Contents
- 1. Executive Summary
- 2. Glossary
- 1. Glossary of Terms
- 2. Exchange Rates
- 3. Total Market
- 1. Market Overview
- 1. Market Overview and Definition
- 2. Segmentation
- 3. Market Engineering Measurements
- 1. Market Engineering Measurements
- 4. Market Drivers
- 5. Industry Challenges
- 6. Total European Revenue Forecasts
- 7. End-user Segmentation
- 8. Technology Trends
- 9. Competitive Landscape
- 10. Funding Landscape-Germany
- 11. Funding Landscape -United Kingdom
- 4. Protein Separation Technology
- 1. Introduction
- 2. Market Engineering Measurements
- 1. Market Engineering Measurements
- 3. Revenue Forecasts
- 5. Protein Identification Technology
- 1. Background
- 2. Market Engineering Measurements
- 1. Market Engineering Measurements
- 3. Revenue Forecasts
- 6. Strategic Recommendations
- 1. Strategic Recommendations
- 7. DSD for Proteomics
- 1. Private Investment for Biotechnology
- 1. Private Investment in Biotechnology
- 2. Pharmaceutical R&D Expenditure
- 1. Pharmaceutical R&D Expenditure
- 3. Biotech Companies and Number of Employees
- 1. Biotech Companies
- 2. Number of Employees
- 4. Pharmaceutical R&D Expenditure as a percentage of the
Pharmaceutical Market
- 1. Pharmaceutical R&D Expenditure as a Percent of Pharmaceutical
Market
- 8. Database of key Industry Participants(DKIP)
- 1. Database of Key Industry Participants
- 1. Database of Key Industry Participants