PEGylated Proteins Market Forecast 2016 - 2024 : NOF Corporation, Creative PEGworks, Quanta BioDesign, Ltd., and Biomatrik
The development of the healthcare industry and the introduction of new drugs and therapeutics are the key factors estimated to encourage the growth of the global PEGylated proteins market in the next few years. The rising number of lifestyle disorders and the growing demand for effective therapeutics are boosting the demand for PEGylated proteins. In addition, the increasing focus on research and developing activities and innovations is estimated to generate promising growth opportunities for the leading players operating in the PEGylated proteins market across the globe in the near future.
The rise in the adoption rate of protein-based drugs in comparison with non-protein base drugs, owing to its effectiveness and the rising stability of protein are projected to fuel the development of the global PEGylated proteins market in the coming years. On the contrary, the rising issues related to the product recalls and drug failure are expected to curb the growth of the overall market. Nonetheless, the key players in the market are focusing on untapped markets across the globe in order to enhance their market presence and attract a large number of consumers.
Furthermore, the presence of a strong pipeline and the rising emphasis of key players on the development of effective new products are estimated to augment global market in the coming years. The availability of enhanced healthcare infrastructure in developed economies is expected to contribute widely towards the expansion of the global PEGylated proteins market in the near future. In addition, the increasing number of end users and the rising number of market players are estimated to accelerate the development of the overall market.
Request Sample Copy of the Report @
Global PEGylated Proteins Market: Overview
Proteins have found application in the therapeutics industry for long and are much sought after in modern medicine too. This has resulted in a growing number of protein-based drugs in market these days. However, there are quite a few pressing problems associated with their use such as swift degradation and excretion from patients, requiring frequent dosing. This ups the cost of therapy. To tackle the challenege, a polyethylene glycol (PEG) group is linked to the protein in a process called PEGylation. The global PEGylated proteins market is slated to tread on a healthy growth path in the near future on account of PEG's potential to protect against protein enzymatic degradation and prolong the half-life of drugs.
In the research report, TMR Research provides a detailed analysis of the opportunities present the global PEGylated proteins market. It segments the global market based on various parameters such as products, protein types, application, and end users. It also studies the different growth drivers and restraints affecting the competitive dynamics in the market and its growth prospects in the years ahead.
Global PEGylated Proteins Market: Trends and Opportunities
One of the primary reasons for the popularity of PEGylated proteins is their ability to bolster protein stability and circulate half-life. This unique perceived benefit has majorly contributed to the global PEGylated proteins market. Besides this, other factors stimulating the market are the rising investment in research and development by pharmaceutical and biotechnology companies, expansion in the biologics sector, increasing instances of lifestyle-related diseases, and swifter uptake of protein based drugs compared to non-protein based drugs.
Request TOC of the Report @
Countering the growth in the market, however, are drug failures and recalls. A current noticeable trend in the market is the dominance of the consumables products segment over the services segment due to the rising uptake of kit-based PEGylation products. Further, among the different end users in the market, namely academic research institutions, pharmaceutical and biotechnology companies, and CROs, the pharmaceutical and biotechnology companies account for maximum share because of their higher spend on research and development. Depending upon the type of protein, the market can be segmented into interferons, colony stimulating factors, erythropoietin, mAbs, and recombinant factor VIII. Of these, colony stimulating factors is poised for growth in the upcoming years.
Global PEGylated Proteins Market: Regional Outlook
Based on geography, the global market for PEGylated proteins market can be segmented into Europe, North America, Asia Pacific, and the Rest of the World. Among them, North America accounts for maximum share in the market. Some of the prominent growth drivers responsible for the stellar growth in the market in the region are growing take-up of biologics drugs such as erythropoietin, monoclonal antibodies, and interferon for treating chronic ailments and strong government funding and grants for research activities.
Companies Mentioned in Report
To present an in-depth assessment of the competition prevailing in the global market for PEGylated proteins, the report profiles companies such as Thermo Fisher Scientific, Inc., Merck Millipore, NOF Corporation, Creative PEGworks, Quanta BioDesign, Ltd., and Biomatrik, Inc.
Read Comprehensive Overview of Report @
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.
3739 Balboa St # 1097,
San Francisco, CA 94121
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release PEGylated Proteins Market Forecast 2016 - 2024 : NOF Corporation, Creative PEGworks, Quanta BioDesign, Ltd., and Biomatrik here
News-ID: 1214751 • Views: 136
More Releases from TMR Research
Lung Infections Market Challenging Health Concerns 2025 | Bayer AG, Insmed Incor …
Lung Infections Market: Snapshot The treatment for lung infections has conventionally been led by small molecule therapies. These therapies however, were aimed to treat the symptoms of lung infections, rather than the actual cause of the infection. This has led to the emergence of diverse treatment options, which differ in terms of their targets and their action mechanism. Many past cases exist, where a patient has been given a combination
RFID in Pharmaceuticals Market Challenges On Upcoming Trends 2025 | IBM Corporat …
Global RFID in Pharmaceuticals Market: Snapshot The U.S. Food and Drug Administration (FDA) has played a vital role in escalating the widespread adoption of Radio Frequency Identification (RFID) in the pharmaceutical sector to strengthen anti-counterfeiting and track-and-trace efforts. Besides these benefits, RFID technology is acknowledged for its ability to increase supply chain efficiency, reduce errors by proper storage of information, boost patient safety and monitoring, enhance staff, patient, and asset
Tapentadol Market Analysis On Trends and Need 2025 | Johnson & Johnson Pharmaceu …
Global Tapentadol Market: Snapshot The growing prevalence of chronic diseases is leading to the high occurrence of chronic musculoskeletal pain, which is likely to create an upswing in the demand for tapentadol worldwide. Tapentadol is also used for the treatment of moderate to severe acute pain. The potency of this treatment lies somewhere between that of morphine and tramadol. Despite the lower occurrence of side effects, its analgesic efficacy is
Gingivitis Diagnostics and Therapeutics Market 2025 | General Biologicals Corp a …
Global Gingivitis Diagnostics and Therapeutics Market: Snapshot The global market for gingivitis diagnostics and therapeutics is expected to witness growth at a significant rate in the next few years owing to factors such as the rising number of smokers, women of reproductive age, and obese people across the globe. The market is highly dynamic in terms of technologies used for diagnosing and treating gingivitis, one of the most common periodontal conditions
More Releases for PEG
Global Activated Polyethylene Glycol (PEG) Market Expected to Recover during the …
The global market status for Activated Polyethylene Glycol is precisely examined through a smart research report added to the broad database managed by Market Research Hub (MRH). This study is titled “Global Activated Polyethylene Glycol (PEG) Market Insights, Forecast to 2025”, which tends to deliver in-depth knowledge associated to the Activated Polyethylene Glycol market for the present and forecasted period until 2025. Furthermore, the report examines the target market based
PEG-10 Lanolin Market Swot Analysis 2018 Industry Research 2023
Future Market Reports on Global PEG-10 Lanolin 2018 Research Report presents a professional and complete analysis of Global PEG-10 Lanolin Market on the current market situation. The Global PEG-10 Lanolin Market 2018 report includes PEG-10 Lanolin market Revenue, market Share, PEG-10 Lanolin industry volume, market Trends, Growth aspects. It analyses the important factors of the PEG-10 Lanolin market based on present industry situations, PEG-10 Lanolin market demands, business strategies utilized
Global Children Bike Market 2018-2025 Hasbro, Mattel, Peg Prego, Funtastic
A market study "Global Children Bike Market" examines the performance of the Children Bike market 2018. It encloses an in-depth Research of the Children Bike market state and the competitive landscape globally. This report analyzes the potential of Children Bike market in the present and the future prospects from various angles in detail. The Global Children Bike Market 2018 report includes Children Bike market Revenue, market Share, Children Bike industry volume,
Global Baby Stroller Market 2017 - Emmaljunga, UPPAbaby, Peg Perego, Seebaby
Global Baby Stroller Market 2017 Survival Strategies explore Economic Impact in International Industries Manufactures, Growth, Size, Share, Trends, Development Challenges and Opportunities till 2022 Global Baby Stroller Market 2017-2022 research report by QY Research provides an essential information and statistically evaluated data about the Baby Stroller . The MRS Research Group report provides a detailed study of the Baby Stroller market, enlightening the major areas such as future market scenario, market
Solar Wafer Cutting Fluid PEG Market - Business Development, Growth and Segment …
QY Research Groups’ expert research analysts estimate the Solar Wafer Cutting Fluid PEG Market to grow at a substantial Compound Annual Growth Rate (CAGR) throughout the forecast period 2017 to 2022. The Global Solar Wafer Cutting Fluid PEG Market Research Report 2017 renders deep perception of the key regional market status of the Solar Wafer Cutting Fluid PEG Industry on a global level that primarily aims the core regions which
PEG and PPG Esters Market Globally Expected to Drive Growth through 2026
PEG and PPG Esters Market: Introduction Polyethylene glycol esters are the products of a fatty acid or fatty alcohol and polyethylene glycol. Whereas, polypropylene glycol esters are the combination of propylene glycol mono and diesters of saturated and unsaturated fatty acids which are derived from fats and edible oils. The feedstock required in the production of PEG and PPG esters include edible oils such as palm oil and sunflower oil among