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Recombinant Proteins Market Analysis, Trends, Growth, Research And Forecast 2032
Recombinant Proteins Market
Recombinant Proteins Market Size, Growth Rate, And Forecast
The global recombinant proteins market size is expected to grow from $1.91 billion in 2022 to $2.12 billion in 2023 at a compound annual growth rate (CAGR) of 11.29%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global recombinant proteins market size is expected to reach $3.35 billion in 2027 at a CAGR of 12.10%.
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Recombinant Proteins Market Drivers
A rising number of regulatory approvals is expected to propel the growth of the recombinant protein market going forward. Regulatory approvals refer to any government or health authority authorization for any research involving human subjects. A rising number of regulatory approvals for recombinant proteins is mandatory for all drugs, which includes the treatment of diabetes, and severe chronic diseases like cancer, cardiovascular diseases, endocrine diseases, and viral diseases.
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Recombinant Proteins Market Segments
• By Product: Antibodies, Cytokines, Immune Checkpoint Protein, Virus Antigens, Enzymes, Recombinant Regulatory Proteins, Hormones, Other Products
• By Application: Drug And Discovery Development, Therapeutics, Research, Other Applications
• By End Users: Pharmaceutical And Biotechnology Companies, Academic And Research Institute, Diagnostic Laboratories, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the template market.
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Recombinant Proteins Market Key Players
Major competitors in the template market include Abcam plc, Abnova Corporation, Bio-Rad Laboratories Inc., Merck KGaA, R&D Systems Inc., Proteintech Group Inc., RayBiotech Life Inc., GenScript Biotech Corporation, Elpiscience Biopharmaceuticals Co. Ltd., Elevian Inc., Gigagen Inc.
The Business Research Company's "Global Recombinant Proteins Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Recombinant Proteins Market Include:
1. Executive Summary
2. Recombinant Proteins Market Characteristics
3. Recombinant Proteins Market Trends And Strategies
4. Recombinant Proteins Market - Macro Economic Scenario
5. Recombinant Proteins Market Size And Growth
……
26. Africa Recombinant Proteins Market
27. Recombinant Proteins Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Recombinant Proteins Market
29. Recombinant Proteins Market Future Outlook and Potential Analysis
30. Appendix
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