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Global Bioengineered Protein Drugs Market Insights, Industry Outlook, Growing Trends
Bioengineered Protein Drugs Market
The Business Research Company's Bioengineered Protein Drugs Global Market Report 2023 identifies increasing prevalence of chronic disease as the major driver for the Bioengineered Protein Drugs market's growth in the forecast period. Chronic diseases refer to those diseases from which people suffer for a year or longer, require continuous medical care, and restrict everyday physical activities. Bioengineered protein drugs are used for the treatment of chronic diseases with designer protein therapies for use in oncology and regenerative medicine using combinatorial and logical methodologies.
The global bioengineered protein drugs market size is expected to grow from $349.20 billion in 2022 to $379.36 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. 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 bioengineered protein drugs market size is expected to reach $514.17 billion in 2027 at a CAGR of 7.9%.
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Major competitors in the Bioengineered Protein Drugs market are Abbvie Inc., Amgen Inc., AstraZeneca PLC, Bayer HealthCare Pharmaceuticals LLC, Eli Lilly and Company, F. Hoffmann-La Roche AG, GSK PLC, Johnson & Johnson, Novartis AG, Novo Nordisk A/S, Sanofi S.A., Grifols S.A., AstraZeneca PLC, Adma Biologics Inc., CSL Limited, and Grifols S.A
A key trend in the Bioengineered Protein Drugs market includes Technological innovations. Companies operating in the bioengineered protein drug market are adopting new technologies to sustain their position in the market
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The Bioengineered Protein Drugs market is segmented -
1) By Drug Type: Recombinant Protein, Vaccine, Peptide Antibiotics, Therapeutic Enzymes, Other Drug Type
2) By Technology: Bioreactors, Fractionation, Genetically Modified Organisms, Genetic Engineering, Pharming, Cell Culture, Microbial Cell Fermentation, Other Technology
3) By Application: Autoimmune, Heart, Congenital, Infectious Diseases, Cancer, Diabetes, Arthritis, Other Application
4) By End User: Pharmaceutical, Contract Research Organizations, Research Institutes, Biotechnology Companies
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Bioengineered Protein Drugs market.
The Business Research Company's "Global Bioengineered Protein Drugs Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Bioengineered Protein Drugs Market Include:
1. Executive Summary
2. Bioengineered Protein Drugs Market Characteristics
3. Bioengineered Protein Drugs Market Trends And Strategies
4. Bioengineered Protein Drugs Market - Macro Economic Scenario
5. Bioengineered Protein Drugs Market Size And Growth
......
26. Africa Bioengineered Protein Drugs Market
27. Bioengineered Protein Drugs Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Bioengineered Protein Drugs Market
29. Bioengineered Protein Drugs Market Future Outlook and Potential Analysis
30. Appendix
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