Press release
PEGylated Proteins Market is expected to grow at a CAGR of 4.9% from 2023-2030 : Cognitive Market Research
PEGylated Proteins Market is expected to grow at a CAGR of 4.9% from 2023-2030 : Cognitive Market Research
PEGylation is the process of covalent and non-covalent attachment of polyethylene glycol polymer chains to molecules, such as a drug, therapeutic protein, or vesicle. PEGylation increases medicine stability and solubility while decreasing immunogenicity by changing the molecule's electrostatic binding, confirmation, and hydrophobicity.
Summary:
• The global PEGylated proteins market is estimated to be valued at USD 14,656.3 million in 2022 and is expected to exhibit a CAGR of 4.9% during the forecast period (2022-2030)
• North America dominates the PEGylated proteins market with the highest revenue share
• The pharmaceutical & biotechnology companies segment accounted for the largest revenue share
• The cancer segment is expected to dominate the growth of the global market
• The consumables segment is expected to dominate the growth of the global market
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PEGylated Proteins Market Dynamics
Increasing incidences of degenerative & chronic diseases like cancer, kidney diseases, and rheumatoid arthritis across the globe drive the demand for the global PEGylated proteins market. Furthermore, rising investment in biotechnology and pharmaceutical companies provides the opportunity for the growth of the global market. However, higher process costs associated with PEGylation may hinder the market growth.
Market Segmentation:
By Type:
• Consumables
• Services
The consumables segment is expected to dominate the growth of the global market, due to the increasing availability of PEGylated consumables such as reagents and kits.
By Protein:
• Colony-stimulating factor
• Interferons
• Erythropoietin
• Recombinant factor VII
• Other
The colony-stimulating factor segment is anticipated to dominate the market. This is attributed to growing research and development activities to evaluate the use of colony-stimulating factors (CSFs) in various conditions by the major players in the market.
By Application:
• Cancer
• Autoimmune Disease
• Hepatitis
• Multiple Sclerosis
• Hemophilia
• Gastrointestinal Disorder
• Others
The cancer segment is expected to dominate the growth of the global market. This is attributed to the rising prevalence of cancer across the globe.
By End User:
• Pharmaceutical and Biotechnology Companies
• Contract Research Organizations
• Academic Research Institutes
The pharmaceutical & biotechnology companies segment accounted for the largest revenue share. Increasing research & development funding, and rising supportive government initiatives drive the demand for the global market.
Competitive Analysis for PEGylated proteins market:
Merck Sharp & Dohme, ENZON Pharmaceuticals, Roche, Pfizer, Amgen, UCB, Crealta (Savient)
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Regional Analysis:
North America dominates the PEGylated proteins market with the highest revenue share. This is attributed to the presence of advanced infrastructure and better economic conditions which are expected to drive the demand for the growth of the global market. Furthermore, Asia Pacific is anticipated to register the growth of the global market with the highest growth rate. The increasing prevalence of chronic disease, high population base, and development in healthcare infrastructure are anticipated to drive the demand for the global market in the country in the region.
News:
Merck KGaA has acquired Exelead for PEGylated products
In February 2022, Merck KGaA announced the acquisition of Exelead, a biopharmaceutical CDMO specializing in PEGylated products and complex injectable formulations, including drug delivery technology based on lipid nanoparticles (LNPs).
Source (https://www.merckgroup.com/en/news/exelead-closing-23-03-2022.html)
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global PEGylated Proteins Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 PEGylated Proteins Market Segmentation
1.5.1 PEGylated Proteins Market Regional Fragmentation
1.5.1 PEGylated Proteins Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of PEGylated Proteins Market
• 3.1 Global PEGylated Proteins Market Size 2018 - 2030, (USD Million)
• 3.2 Global PEGylated Proteins Market Statistics 2022: Snapshot
Chapter 4 Global PEGylated Proteins Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global PEGylated Proteins Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global PEGylated Proteins Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global PEGylated Proteins Market by Protein Segmentation Analysis (2018-2030)
Chapter 11 Global PEGylated Proteins Market by End User Segmentation Analysis (2018-2030)
Chapter 12 Global PEGylated Proteins Market Regional Analysis
Chapter 13 North America PEGylated Proteins Market Outlook (2018 - 2030)
Chapter 14 Europe PEGylated Proteins Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific PEGylated Proteins Market Outlook (2018 - 2030)
Chapter 16 Latin America PEGylated Proteins Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa PEGylated Proteins Market Outlook (2018 - 2030)
Chapter 18 Research Findings
To know more PEGylated Proteins Market TOC click here:
https://www.cognitivemarketresearch.com/pegylated-proteins-market-report#table_of_contents
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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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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 binding, confirmation, and hydrophobicity of the molecule. PEGylation decreases the dose frequency by reducing renal excretion and proteolysis, and increases tension time of conjugates in…
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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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https://www.marketresearchreportstore.com/reports/2882/global-pegylated-proteins-market
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