The Global Protein Therapeutics Market: Trends, Growth Factors, and Forecast 2030

𝐏𝐫𝐨𝐭𝐞𝐢𝐧 𝐓𝐡𝐞𝐫𝐚𝐩𝐞𝐮𝐭𝐢𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐬 𝟐𝟎𝟑𝟎 -

As per the report, the global protein therapeutics industry accounted for $283.64 billion in 2020, and is expected to reach $566.66 billion by 2030, growing at a CAGR of 7.1% from 2021 to 2030.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐚𝐭:

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Protein therapeutics are medications made up of proteins that can be used to treat a variety of medical conditions. These proteins are created using biotechnology techniques, which involve using living cells to produce the protein.

Proteins are an important part of our bodies, and they play many different roles, including helping to regulate our metabolism, fighting infections, and transporting molecules throughout our bodies. By creating protein therapeutics that mimic these natural proteins, scientists can develop drugs that can target specific diseases or conditions.

Protein therapeutics can be used to treat a wide range of medical conditions, including cancer, diabetes, autoimmune diseases, and genetic disorders. They can also be used to supplement or replace proteins that are missing or not functioning properly in the body.

Protein therapeutics can be delivered to the body in a variety of ways, including injection, infusion, or inhalation. They are often more effective and have fewer side effects than traditional medications because they are specifically designed to target the underlying cause of the disease or condition.

𝐂𝐨𝐯𝐢𝐝-𝟏𝟗 𝐬𝐜𝐞𝐧𝐚𝐫𝐢𝐨-

The Covid-19 pandemic had a positive impact on the growth of protein therapeutics due to surge in chronic diseases and increase in demand for therapeutic drugs.

The number of clinics and hospitals across the globe increased during the pandemic, which supplemented the demand for protein therapeutics.

However, the prolonged lockdown and disruptions of manufacturing and transportation of healthcare essentials hinder the market.

𝐆𝐞𝐭 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐢𝐦𝐩𝐚𝐜𝐭 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐧 𝐭𝐡𝐞 𝐏𝐫𝐨𝐭𝐞𝐢𝐧 𝐓𝐡𝐞𝐫𝐚𝐩𝐞𝐮𝐭𝐢𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭-

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𝐓𝐡𝐞 𝐭𝐨𝐩 𝐢𝐦𝐩𝐚𝐜𝐭𝐢𝐧𝐠 𝐟𝐚𝐜𝐭𝐨𝐫𝐬 𝐨𝐧 𝐩𝐫𝐨𝐭𝐞𝐢𝐧 𝐭𝐡𝐞𝐫𝐚𝐩𝐞𝐮𝐭𝐢𝐜𝐬 𝐢𝐧𝐜𝐥𝐮𝐝𝐞:

Advancements in Biotechnology: Biotechnology techniques have advanced rapidly, making it easier and more cost-effective to produce complex proteins for therapeutic purposes.

Increased understanding of the Human Genome: With the completion of the Human Genome Project, scientists have a better understanding of the genetic basis of many diseases, allowing for the development of targeted protein therapeutics.

Growing demand for Personalized Medicine: Personalized medicine, which involves tailoring treatments to an individual's genetic makeup, is driving the development of protein therapeutics that are more targeted and effective.

Regulatory Approval Processes: Regulatory agencies play an important role in the approval and commercialization of protein therapeutics. The regulatory approval process can be lengthy and expensive, which can impact the development and availability of protein therapeutics.

Pricing and Reimbursement: Protein therapeutics can be expensive to develop and produce, and the cost of these drugs can be a barrier to patient access. Pricing and reimbursement policies can impact the availability and affordability of protein therapeutics.

Competition: The protein therapeutics market is highly competitive, with many companies developing similar drugs for the same indications. Competition can impact the success of individual drugs and the overall market.

𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲-

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𝐊𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲-

Abbott Laboratories
Baxter International Inc.
Amgen Inc.
F. Hoffmann-La Roche Ltd.
Eli Lilly and Company
Merck & Co., Inc.
Johnson & Johnson (Janssen Pharmaceuticals)
Pfizer Inc.
Novo Nordisk A/S
Sanofi

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

The market across North America dominated the market in 2020, holding nearly half of the market, due to increase in chronic diseases, rapid adoption of advanced technologies, and presence of key players in the region. However, the market across Asia-Pacific is expected to register the highest CAGR of 8.7% during the forecast period, owing to rapidly growing geriatric population, surge in public-private investment, and increase in number of initiatives for healthcare awareness.

North America (U.S., Canada, Mexico)

Europe (Germany, France, UK, Italy, Spain, Rest Of Europe)

Asia-Pacific (Japan, China, Australia, India, South Korea, Rest Of Asia-Pacific)

LAMEA (Brazil, Saudi Arabia, South Africa, Rest Of LAMEA)

𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐢𝐧 𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

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