Press release
PEGylated Proteins Market: Competitive Dynamics & Global Outlook 2023
PEGylating has been widely used as a post-production modification methodology for improving biomedical efficacy and physicochemical properties of therapeutic proteins since the first PEGylated product was approved by Food and Drug Administration in the early 1990s.
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Global PEGylated Proteins Market: Forecast by Type / Application / Region
The threat of substitutes arises when there are similar products developed by competitors which satisfy the market needs. When consumers have access to substitute products which can satisfy their market needs, then manufacturers and suppliers lose their bargaining power.
Consumers are able to purchase competitor's products if they are not satisfied with product price or quality. In order for suppliers to tackle the challenge of threat of substitutes, they have to innovate products which meet the needs of their target market segments.
Over the next five years, LPI(LP Information) projects that PEGylated Proteins will register a 3.9% CAGR in terms of revenue, reach US$ 3910 million by 2023, from US$ 3230 million in 2017.
Global PEGylated Proteins Market: Key Players
ENZON Pharmaceuticals
Merck Sharp & Dohme
Roche
Pfizer
Amgen
UCB
Crealta (Savient)
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Related Information:
United States PEGylated Proteins Market Research Report 2018
Europe PEGylated Proteins Market Research Report 2018
North America PEGylated Proteins Market Research Report 2018
Asia-Pacific PEGylated Proteins Market Research Report 2018
China PEGylated Proteins Market Research Report 2018
EMEA PEGylated Proteins Market Research Report 2018
Global PEGylated Proteins Market Research Report 2018
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The global PEGylated proteins market is witnessing significant growth, driven by an expanding range of therapeutic applications and increasing demand for protein-based drugs. In 2024, the PEGylated proteins market is estimated to be valued at USD 7.5 billion, with forecasts projecting a robust growth trajectory through 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 8.2% during the forecast period. The rising…
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The process of chaining or modification of biological molecules by conjugation with non-immunogenic polymer and nontoxic polyethylene glycol to improve or modify the physicochemical property of molecule is known as PEGylation.PEGylation improves stability and solubility of drug and decreases immunogenicity by changing the electrostatic…
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