Press release
Targeted Protein Degradation Market Size, Status, Top Players, Trends and Forecast to 2029
The wide ranging Targeted Protein Degradation market research report has been organized with most advanced insight and analysis to give maximum benefits to the Targeted Protein Degradation industry. The scope of this market report involves industry research, customer insights, market sizing and forecast, competitive analysis, market entry strategy, pricing trends, sustainability trends, innovation trends, technology evolution, and distribution channel assessment. The business report can be used by both established and new players in the industry for complete understanding of the market. Besides, Targeted Protein Degradation report also includes historic data, present and future market trends, environment, technological innovation, upcoming technologies, and the technical progress in the related industry. The report also interprets the growth outlook of the global Targeted Protein Degradationmarket. Under competitive analysis section, major key players existing in the market are mentioned along with various details such as company profiles, their market share analysis, and their different strategies which make them thrive in the market.Data Bridge Market Research analyses that the targeted protein degradation market which was USD 103.31 million in 2021, would rocket up to USD 224.70 million by 2029, and is expected to undergo a CAGR of 10.20% during the forecast period 2022 to 2029.
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The major players who are leading the market throughout the globe are:
Eli Lilly and Company (U.S), Gilead Sciences, Inc. (U.S), GSK plc (U.K), Merck KGaA (Germany), Mission Therapeutics (U.K), Novartis AG (Switzerland), Pfizer Inc. (U.S), Aurigene Discovery Technologies (India), Avista Pharma Solutions (U.S), Barbara Ann Karmanos Cancer Center (U.S), 5AM Venture Management LLC (U.S), AbbVie Inc (U.S), Almac Group (U.K), Amgen Inc. (U.S), Bayer AG (Germany), Biogen (U.S), C4 Therapeutics Inc. (U.S), Cosmo Bio USA (U.S), Mission Therapeutics (U.S), Roivant Sciences Ltd. (Switzerland)
Targeted Protein Degradation Market Segmentation:
Type (Degronimids, Immunomodulatory Drugs (IMiDs), Proteolysis-targeting chimeric molecules (PROTACs), Sudden acquired retinal degeneration syndrome (SARDs), Selective Estrogen Receptor Degraders (SERDs), Specific bromodomain and extra-terminal domain (BET) and Deubiquitinases (DUB) Inhibitors), Therapeutic Area (Inflammatory Disorders, Neurological Disorders, Oncological Disorders, Respiratory Disorders, Other Therapeutic Areas), Route of Administration (Oral, Intravenous, Others)
Market Definition
Targeted protein degradation is innovatory pharmacological perception that grants practical drug development chances and is expected to announce a new paradigm in modern therapeutic interventions. Due to various reasons, conventional drugs/therapies have been partial in terms of their competence to target certain proteins of pathological significance.
Targeted Protein Degradation Market Dynamics
Drivers
Increasing adoption of advanced technology
In the forecast period of 2022-2029, therapeutic methods, rising usages of technology for epichaperome inhibitors, hydrophobic tags, lysosome targeting chimaeras, and others, as well as an increasing demand for protein degradation for drug discovery strategy to treat diseases, are expected to boost the growth of the targeted protein degradation market. The expanding number of research and development activities, on the other hand, will provide enormous chances for the targeted protein degradation market to grow throughout the forecast period.
Increasing demand for immunoassay to diagnose and detect microorganism based infections
Constantly growing frequency of chronic disease conditions such as cancer and autoimmune disorders, changing lifestyle, increasing habit of smoking and drinking, and increasing spending on healthcare are also accelerating the market growth.
Increasing awareness among the people regarding the benefits of protein degradation
Proteins are rapidly degraded in response to a precise signals, if alternative apparatus for the guideline of intracellular enzyme action. In accumulation, faulty or damaged proteins are recognized and rapidly degraded within cells, thereby removing the significances of mistakes made during protein synthesis. It will also increase the market growth.
Increasing demand for protein degradation for drug discovery strategy to treat diseases
Protein degradation pathways play an essential role in maintaining cellular homeostasis and regulating various cellular processes. And over the past decade they have been the topic of intense research.
TOC of Global Targeted Protein Degradation Market:
Market Penetration: Comprehensive information on the product portfolios of the top players in the Targeted Protein Degradation Market.
Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the Targeted Protein Degradation market.
Market Development: Comprehensive information about emerging market. This report analyses the market for various segments across geographies.
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Targeted Protein Degradation Market.
Market Growth: The growth factors of the market are discussed where the different users of the market are described in detail.
Market Segmentation: Data and information by market player, by region, by type, by application, etc and custom research can be added.
Appendix: The final of the report contains conclusion part where the industrial experts opinions are included.
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Highlights of The Report:
The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
Information about the production volume and the price trends are provided in the report.
Data related to the market industry concentration rate with respect to the raw materials are present in the report.
The report presents Targeted Protein Degradation market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
It provides a SWOT analysis and development plans in next few years based on Targeted Protein Degradation market growth forecasts.
The report further identifies the key regions and segments dominating the market.
To analyze the Targeted Protein Degradation Industry with respect to individual growth trends, future prospects, and their contribution to the overall market.
To share detailed information about the key factors influencing the growth of the market.
To project the size of Targeted Protein Degradation Market, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
This report also includes strategic important acquisition, merger, partnership, collaboration for top global players.
Targeted Protein Degradation Market Country Level Analysis:
Asia Pacific: China, Japan, India, and Rest of Asia Pacific
Europe: Germany, the UK, France, and Rest of Europe
North America: The US, Mexico, and Canada
Latin America: Brazil and Rest of Latin America
Middle East & Africa: GCC Countries and Rest of Middle East & Africa
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