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Therapeutic Proteins Market Projected To Reach CAGR Of 12.4% Forecast By 2027 || Key Players - Abbott Laboratories, Amgen Inc., Baxter International Inc
Therapeutic Proteins Market
As per the therapeutic proteins market report by The Business Research Company, the therapeutic proteins market is being driven by technological advancements in protein-based drug development. Therapeutic proteins cannot be synthesised chemically, they need to be produced by genetic engineering and recombinant DNA technology in living cells or organisms. Protein-engineering platform technologies such as glycoengineering, pegylation, Fc-fusion, albumin fusion, and albumin drug conjugation help to increase the production yield, product purity, circulating half-life, targeting, and functionality of therapeutic protein drugs.
The global therapeutic proteins market grew from $112.17 billion in 2022 to $125.74 billion in 2023 at a compound annual growth rate (CAGR) of 12.1%. The therapeutic proteins market is expected to grow from $200.43 billion in 2027 at a CAGR of 12.4%.
Read More On The Therapeutic Proteins Market Report Here:
https://www.thebusinessresearchcompany.com/report/therapeutic-proteins-global-market-report
Major competitors in the therapeutic proteins market include Abbott Laboratories, Amgen Inc., Baxter International Inc., Eli Lilly and Company, F. Hoffmann-La Roche Ltd., Pfizer Inc., Johnson & Johnson.
The therapeutic proteins market is segmented -
• By Product Type: Insulin, Fusion Protein, Erythropoietin, Interferon, Human Growth Hormone, Follicle Stimulating Hormone
• By Application: Metabolic Disorders, Immunologic Disorders, Hematological Disorders, Cancer, Hormonal Disorders, Genetic Disorders, Other Applications
• By Function: Enzymatic and Regulatory Activity, Special Targeting Activity, Vaccines, Protein Diagnostics
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the therapeutic proteins market.
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The therapeutic proteins market consists of sales of antibody-based drugs, FC fusion proteins, and anticoagulants. Values in this market are "factory gate values," that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The Table Of Content For The Therapeutic Proteins Market Include:
1. Executive Summary
2. Therapeutic Proteins Market Characteristics
3. Therapeutic Proteins Market Trends And Strategies
4. Therapeutic Proteins Market - Macro Economic Scenario
5. Therapeutic Proteins Market Size And Growth
6. Therapeutic Proteins Market Segmentation
…………………
27. Therapeutic Proteins Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Therapeutic Proteins Market
29. Therapeutic Proteins Market Future Outlook And Potential Analysis
30. Appendix
The "Global Therapeutic Proteins Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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