Press release
Recombinant Therapeutic Antibodies and Proteins Market To Exhibit Steadfast Growth 2018-2026 by Global Top Players - Merck & Co., Novo Nordisk, Pfizer Inc., Sanofi S.A., Abbott, Amgen Inc., Biogen Inc., Eli Lilly and Company, Johnson and Johnson
Global Recombinant Therapeutic Antibodies and Proteins Market
The global recombinant therapeutic antibodies and proteins market size was valued at US$ 91.2 billion in 2017 and is expected to witness a robust CAGR of 12.2% over the forecast period (2018 – 2026).
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Market Dynamics:
Recombinant therapeutic proteins and antibodies have gained high traction in clinical applications. Due to the development of antibody-based therapeutics, mammalian expression systems have experienced a major boost and microbial expression systems continue to be widely used in industries, which in turn will fuel the growth of the market. However, variations in production methods of therapeutic antibodies can lead to differences in their structure, based on the selection of recombinant procedure. Most protein therapeutics available in the market are recombinant and the majority of them are in clinical trials for therapy of immune disorders, cancers, infections, and other diseases. Various engineered proteins, including multi-specific fusion proteins, bi-specific monoclonal antibodies (mAbs) and mAbs conjugated small molecule drugs, and proteins with optimized pharmacokinetics are under development.
Advancements in recombinant therapeutic drugs are expected to bolster the recombinant therapeutic antibodies and proteins market growth
Integration of novel approaches and strategies to modify protein drug products is an important aspect. Advancements in recombinant protein technologies have allowed drug manufacturers and developers to adjust the required functional characteristics of proteins of interest while maintaining product efficacy and safety.
Various recombinant technologies are currently in use to increase the half-life, functionality, and targeting of novel therapeutic protein drugs and increase product purity and volume. For instance, protein conjugation and derivatization methods, including albumin-fusion15, PEGylation, and Fc-fusion are currently being used to extend a drug’s circulating half-life.
Major Players Operating In The Global Recombinant Therapeutic Antibodies And Proteins Market:
Abbott, Amgen Inc., Biogen Inc., Eli Lilly and Company, F. Hoffmann-La Roche, Johnson and Johnson, Merck & Co., Novo Nordisk, Pfizer Inc., and Sanofi S.A.
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Detailed Segmentation:
Global Recombinant Therapeutic Antibodies and Proteins Market, By Drug Class:
Plasma Protein
Growth Factors
Fusion Proteins
Monoclonal Antibodies
Hormones
Enzyme
Coagulation Factors
Others
Global Recombinant Therapeutic Antibodies and Proteins Market, By Application:
Oncology
Hematology
Immunology
Endocrinology
Infectious Disease
Cardiovascular Diseases
Others
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