Press release
Protein Drugs Market 2021 In Deep Analysis, Expert Reviews and Precise Outlook 2026 |AbbVie Inc., Eli Lilly, GlaxoSmithKline
Protein Drugs Market Research Report 2021 - 2026Latest released, the research study on Global Protein Drugs Market Report Forecast 2021 - 2026, offers a detailed overview of the factors influencing the global business scope. Protein Drugs Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Protein Drugs. The study covers emerging player's data, including competitive landscape, sales, revenue and global market share of top manufacturers are: AbbVie Inc., Eli Lilly, GlaxoSmithKline, Johnson & Johnson, Merck & Co., Pfizer Inc. and Sanofi S.A.
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Summary:
Proteins, an important class of regulatorymolecules, are the building blocks of the body. Protein therapeutics has become an important segment of the healthcare industry. Geneticengineering technologymakes it possible to produce these proteinmoleculeswithmodified features. Due to high specificity and low immunogenicity, protein therapeutics is widely used to treat various life-threatening diseases such as cancer, diabetes andmultiple sclerosis.
Increasing R&D, sedentary lifestyles, increasing incidence of various diseases and the increasing population of baby boomers drive this market.
The global protein therapeuticsmarket is expected to growat a CAGRof REDACTED through 2026. Monoclonalantibodies are the largest segment in terms of revenue. The use ofmonoclonalantibodies has increased due to the increase in various chronic diseases. However, the market is facing competition fromthe entry of follow-on biologics. Insulin analogs, which are more efficient than recombinant insulin, are a contributing factor for growth of the market. Vaccines are another growth segment in the biopharmaceutical industry. The COVID-19pandemichas led to increasing public awareness toward vaccination. Government efforts to eradicate viral and bacterial infections are driving factors for the
vaccine market. Improvedmanufacturing technologies have also fueled the vaccine market.
The U.S. leads the protein therapeuticsmarket. Follow-on-biologics and price pressures are the major threats for the market. A rapid increase in medical technologies, improved diagnosis of disease and the expansion of healthcare in emergingmarkets are expected to positively impact the protein therapeutics market.
The global marketwas further segmented bymanufacturing processes; protein therapeuticsmade through cell culture had the biggest share.
Regional Analysis:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Report Includes:
- 37 data tables and 28 additional tables
- An overview of the global markets and manufacturing technologies for protein drugs
- Estimation of the market size and analyses of global market trends, with data from 2019 to 2020, estimates for 2021 with projections of compound annual growth rates (CAGRs) through 2026
- Highlights of the current and future market potential and quantification of protein drugs market based on type, manufacturing process and region
- Identification of market drivers, restraints and other forces impacting the global market and evaluation of current market size and forecast
- Detailed description of protein drugs, their classification and six main manufacturing technologies and information on recombinant deoxyribonucleic acid (rDNA) technology
- Information on advancements in manufacturing technologies, new product launches of the industry and discussion on effect of biosimilars entry to the protein drugs market
- Detailed analysis of the regulatory framework and policies and technological changes within the industry
- Market share analysis of the key companies of the industry and coverage of their proprietary technologies, strategic alliances, and other key market strategies and a relevant patent analysis
Significant Features and Key Highlights of the Reports:
– Detailed overview of Protein Drugs Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value.
– Recent industry trends and developments
– Competitive landscape of Protein Drugs Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
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