G-protein Coupled Receptors Market

Report Description
Table of Contents

Report Description

The global G-protein coupled receptors market size is estimated to be USD 3,596.7 million in 2021 and is expected to witness a CAGR of 8.21% during the forecast period. Rising application of G- receptors in determining pharmaceutically genuine drugs by biopharmaceutical and biotechnology companies is a key driver responsible for the growth of the global G-protein coupled receptors market. Additionally, increase in drug development process, digital penetration in research & development, drug contamination issues, and growing demand for biologics for the treatment of chronic diseases are some of the other drivers propelling the market growth. However, the lack of skilled personnel to understand the comprehensive signaling pathway of GPCR is expected to restrain the global market growth.

Global G-Protein Coupled Receptors Market Size (USD Million), 2021-2029

Source: Erevna Healthcare

By Product

Based on product, the market is segmented into detection kits, cell lines, ligands, and cell culture reagents. In 2021, the cell lines segment accounted for the largest revenue share and is anticipated to grow with a lucrative CAGR during the forecast period. This is attributed to their vital role in the assays of cellular impedance for the GPCR targets detection, worldwide. Detection kits segment is expected to grow at a profitable CAGR during the forecast period. This is attributed to rising development of detection kits providing quick and reliable results.

By Assay Type

Based on assay type, the market is categorized into calcium functional assays, cAMP functional assays, β-Arestin functional assays, internalization assays, radioligand binding and GTPγS functional assays, trafficking assays, and other assays. In 2021, the cAMP assays accounted for a significant revenue share due to the importance of cyclic Adenosine Monophosphate (cAMP) as intracellular messenger in GPCR signal transduction worldwide. The calcium functional assays segment is anticipated to grow at the fastest CAGR during the forecast period, due to the advantages linked with application of these assays, such as ease in the calcium flux estimation, high sensitivity, and configurability of user easily.

By Application

Based on application, the market is categorized into CNS research, cancer research, metabolic research, inflammation research, cardiovascular research, respiratory research, and other applications. The cancer research segment accounted for a noteworthy revenue in 2021. The rising application of GPCR in determining tumor invasiveness, proliferation, metastasis, angiogenesis, and drug resistance in oncology patients is a key factor that is expected to drive the segment growth.

Regional Insights

In 2021, North America accounted for the highest revenue share in the global market and is expected to maintain its dominance during the forecast period. This is attributed to the high investments in R&D and modern healthcare infrastructure in this region. In the U.S., favorable government regulations are fueling the G-protein coupled receptors market growth. Asia Pacific market is expected to grow at the fastest CAGR over the forecast period owing to the strengthening medical economy and growing focus of CROs & biopharmaceutical companies in this region.

Competitor Insights

Some of the key players in the G-protein coupled receptors market are Merck KGaA (Germany); Becton, Dickinson and Company (U.S.); Enzo Biochem, Inc. (U.S.); PerkinElmer, Inc. (U.S.); Abcam Plc (U.K.); Promega Corporation (U.S.); WuXi AppTech (China); QIAGEN N.V. (Germany); Eurofins Scientific (Luxembourg) and Thermo Fisher Scientific (U.S.). The leading players operating in the G-protein coupled receptors industry are adopting various strategies including R&D investments, mergers & acquisitions, and geographic expansions to capture a maximum revenue share.

This exhaustive research report focuses on market size and forecast at global, segmental, regional and country level along with key market trends and dynamics from 2021 to 2029. The G-protein coupled receptors market report is categorized into the following segments and subsegments: