G-Protein Coupled Receptors Market Growth Analysis | 2023-2028

Market Insights

The G-protein coupled receptors market was estimated at USD 3.25 billion in 2022 and is likely to grow at a CAGR of 6.7% during 2023-2028 to reach USD 4.81 billion in 2028.

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Market Dynamics

Introduction

G-protein coupled receptor, also known as a transmembrane receptor or heptahelical receptor is the most diverse group of membrane receptors in eukaryotes. It is located in the cell membrane which binds extracellular substances and transmits the signals from these substances to intracellular receptors which are called G-protein.

COVID-19 Impact

The Covid-19 outbreak impacted the growth of the G-protein coupled receptor market positively as based on the pathological findings of coronavirus-infected patients, it has been observed that GPR4 plays an essential role in Covid-19 pathophysiology and is a potential therapeutic target for treating Covid-19, infected patients. It can be exploited to mitigate vessel hyper-permeability, hyper-inflammatory response, exudate formation, pulmonary edema, vascular thromboembolism, and tissue injury that is associated with COVID-19.

Market Drivers

The global market growth is primarily driven by the increasing prevalence of diseases such as cancer, and cardiovascular and respiratory issues.

• The presence of various approved drugs and drugs that are under clinical studies that target these receptors is likely to drive the growth of the G-protein-coupled receptors market at a significant rate.
• Furthermore, increasing spending on research and development activities in drug discovery and development is likely to create lucrative growth opportunities for the players operating in the GPCRs market over the forecast period.

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Key Players

Key players operating in the global market are:

• Thermo Fisher Scientific (The U.S),
• Eurofins Scientific (Luxembourg),
• Abcam plc (UK),
• Enzo Biochem Inc. (The U.S),
• Merck KGaA (Germany),
• QIAGEN (Germany),
• Becton-Dickinson and Company (The U.S),
• Promega Corporation (The U.S),
• WuXi AppTec (The U.S). and
• PerkinElmer Inc. (UK).

Note: The above list does not necessarily include all the top players in the market.

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Segment Analysis

By Application Type

Based on application, the market has been divided into cancer research, central nervous system (CNS) research, metabolic research, cardiovascular research, respiratory research, and others. The cancer research segment accounted for a substantial market share in 2022 owing to its widespread use in the detection of tumor angiogenesis through GPCR assays.

Regional Insights

The market in North America accounted for the largest share in 2022 owing to rising incidences of cancer, approved GPCR-based drugs, and increased spending on new drug discovery and development, particularly in the U.S.

The market in the Asia-Pacific region is projected to register a healthy growth rate on account of increasing consumer awareness and high spending on R&D activities for drug development by the government in countries such as India and China.

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Research Methodology

• This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects G-protein coupled receptors market realities and future market possibilities for the forecast period.
• The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Market Segmentation

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The G-protein coupled receptors market is segmented into the following categories:

By Product Type

• Cell Lines
• Detection Kits
• Cell Culture Reagents
• Ligands

By Assay Type

• cAMP Functional Assays
• Calcium Functional Assays
• β-Arrestin Functional Assays
• Radioligand Binding and GTPγS Functional Assays
• Internalization Assays
• Trafficking Assays
• Other Assays

By Application Type

• Cancer Research
• Central Nervous System (CNS) Research
• Metabolic Research
• Cardiovascular Research
• Respiratory Research
• Other

By Region

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, The UK, Russia, and The Rest of Europe)
• Asia-Pacific (Country Analysis: Japan, China, India, and the Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, Argentina, and Others)

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Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

Custom Research: Stratview Research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.