Press release
Protein Therapeutics Market: Growing Demand for Targeted and Personalized Medicines Drives Growth
๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐ก๐๐ซ๐๐ฉ๐๐ฎ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐๐ญ๐ข๐ฌ๐ญ๐ข๐๐ฌ - ๐๐๐๐Protein therapeutics are medicines that are made up of proteins, which are large molecules made up of long chains of amino acids. These medicines are used to treat a variety of diseases and conditions, such as cancer, autoimmune diseases, and genetic disorders.
Protein therapeutics work by targeting specific molecules in the body, such as enzymes or receptors, to help regulate their activity or block their function. Because they are made of proteins, these medicines can be designed to be very specific in their actions, which can make them more effective and have fewer side effects than traditional drugs.
Protein therapeutics can be produced using different methods, such as recombinant DNA technology or cell culture techniques. They are usually administered by injection or infusion, and can be given either at a clinic or at home under the guidance of a healthcare professional.
Overall, protein therapeutics have revolutionized the treatment of many diseases and continue to be an important area of research in medicine.
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.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ:
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๐๐จ๐ฏ๐ข๐-๐๐ ๐ฌ๐๐๐ง๐๐ซ๐ข๐จ-
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.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง -
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๐๐ซ๐จ๐ญ๐๐ข๐ง ๐ญ๐ก๐๐ซ๐๐ฉ๐๐ฎ๐ญ๐ข๐๐ฌ ๐๐๐ง ๐๐ ๐ฎ๐ฌ๐๐ ๐ญ๐จ ๐ญ๐ซ๐๐๐ญ ๐ ๐ฐ๐ข๐๐ ๐ซ๐๐ง๐ ๐ ๐จ๐ ๐๐ข๐ฌ๐๐๐ฌ๐๐ฌ ๐๐ง๐ ๐๐จ๐ง๐๐ข๐ญ๐ข๐จ๐ง๐ฌ, ๐๐ง๐ ๐ญ๐ก๐๐ฒ ๐๐ซ๐ ๐จ๐๐ญ๐๐ง ๐ฎ๐ฌ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
Oncology: Protein therapeutics are commonly used in the treatment of cancer, and can be used to target specific molecules on cancer cells to help destroy them or inhibit their growth.
Hematology: Protein therapeutics can also be used to treat blood disorders such as anemia, hemophilia, and thrombocytopenia.
Autoimmune diseases: Protein therapeutics can be used to treat autoimmune diseases such as rheumatoid arthritis, lupus, and multiple sclerosis, by targeting specific molecules involved in the immune response.
Infectious diseases: Protein therapeutics can also be used to treat infectious diseases, such as HIV/AIDS, by targeting specific molecules on the virus or by boosting the immune system's response to the infection.
Genetic disorders: Protein therapeutics can be used to treat genetic disorders such as cystic fibrosis, by replacing or supplementing the function of a missing or defective protein.
Overall, protein therapeutics are a versatile and effective tool for treating a wide range of diseases and conditions, and continue to be an important area of research and development in medicine.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ:
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.
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ-
https://www.alliedmarketresearch.com/purchase-enquiry/60
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
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
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐ซ๐๐ฅ๐๐ญ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
Nerve Repair and Regeneration Market https://www.alliedmarketresearch.com/nerve-repair-and-regeneration-market
Dialysis Market https://www.alliedmarketresearch.com/dialysis-market
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๐๐๐จ๐ฎ๐ญ ๐๐ฅ๐ฅ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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