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G-Protein Coupled Receptors Market to Witness Significant Revenue Growth Through 2027

The increasing use of G-protein - coupled receptors is expected to boost demand for G protein-coupled receptors in drug disclosure and advancement ways. In the global market for G-protein coupled receptors, there is an increase in government funding for R&D activities. A growing number of receptor-targeted allosteric modulators, biological drugs, and biassed agonists are escalating the need for assays in the market for G-protein - coupled receptors. This, in essence, has resulted in the successful detection of drug candidates that are pharmaceutically important, driving the adoption of these receptors in the process of drug development.

In clinical and preclinical trials, the presence of large numbers of licenced medicines and drugs targeting these receptors raises the need for GPCR screening assays in drug production. The global G-Protein Coupled Receptors Market Size 2020 is poised to cross USD 4.2 billion by 2025 at a CAGR of 7.1% over the review period.

The high costs involved in sustaining GPCR cell lines are, however, likely to curb the development of the global demand for G protein coupled receptors. The global G protein-coupled receptors market is currently dominated by many market players. To strengthen their market positions, key players are involved in product launches and strategic collaborations.

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Segmentation

The global market for G-protein coupled receptors has been segmented based on the Product, Assay Type, and Application.

Based on the Product, the market has been divided into cell lines, detection kits, cell culture reagents, ligands, and others.
Based on Assay Type, the global G-protein coupled receptor market has been segmented into functional calcium assays, cGMP assays, internalization assays, GTP gamma S binding assays, cAMP functional assays, ß-Arrestin Functional Assays, and others.
Based on the Application, the global G protein coupled receptors market has been segmented into the cardiovascular system, oncology, respiratory system, immunology, central nervous system, and others.
Competitive Dashboard

Some of the eminent players in the global G protein-coupled receptor market are Thermo Fisher Scientific, Inc., Abcam PLC, PerkinElmer Inc., Promega Corporation, Merck Group, HD Biosciences Co., Ltd, QIAGEN, Cisbio, Enzo Life Sciences, and Inc.BD.

Regional Analysis

Regionally, the market for G-protein coupled receptors has been divided into the Americas, Europe, the Asia Pacific, and the Middle East & Africa.

The Americas is estimated to be the leading market due to the presence of a large number of approved drugs targeting G-protein coupled receptors. The market for G-protein coupled receptors in the Americas was further divided into North America and Latin America, with the North American market divided into the United States and Canada.

The European G-protein coupled receptor market has been classified as Western Europe and Eastern Europe. The Western European market has also been classified as Germany, France, the United Kingdom, Italy, Spain, and the rest of Western Europe.

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The market for G-protein coupled receptors in the Asia Pacific has been segmented into China, Japan, South Korea, India, Australia, and the rest of the Asia Pacific. The number of approved drugs targeting GPCRs has propelled the growth of the G-protein coupled receptor market and is projected to be the fastest-growing market in the Asia Pacific. The market for G-protein coupled receptors in the Middle East and Africa has been divided into the Middle East and Africa.

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