DALLAS, June 16, 2015 /PRNewswire/ --
According to a new market research report "Expression Vectors Market by Host Type (Bacterial/E.Coli, Mammalian/CHO, Insect/Baculovirus, and Yeast), Application (Therapeutic, Research, and Industrial), End User (Pharmaceutical, Biotechnology, CROs & CMOs, and Academic Research) - Forecast to 2020", published by MarketsandMarkets, the Expression Vectors Market is expected to reach $317.1 Million by 2020 from $242.7 Million in 2015, growing at a CAGR of 5.5% from 2015 to 2020.
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The report segments the Expression Vectors Market on the basis of host type, application, end user, and region. On the basis of host type, the bacterial Expression Vectors Market is expected to account for the largest share in 2015, closely followed by mammalian expression vectors. The mammalian expression vectors segment is expected to grow at the highest CAGR during the forecast period, owing to the ability of mammalian host systems to carry out complex post-translational modifications, folding, and assembly of recombinant proteins.
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Geographically, the market is dominated by North America, followed by Europe, Asia, and the Rest of the World (RoW). North America is expected to account for the largest share of the Expression Vectors Market in 2015, while Asia is poised to witness the highest growth rate during the forecast period.
Key players in the Expression Vectors Market include Thermo Fisher Scientific, Inc. (U.S.), Promega Corporation (U.S.), Sigma-Aldrich Corporation (U.S.), Agilent Technologies (U.S.), Bio-Rad Laboratories (U.S.), New England Biolabs (U.S.), Merck Millipore (U.S.), QIAGEN (Netherlands), Clontech Laboratories, Inc. (U.S.), DNA2.0 (U.S.), and GenScript USA Inc. (U.S.).
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