Global Bioengineered Protein Drugs Market 2016: Diabetes, Cancer, Skin diseases, Heart diseases

Proteins play a crucial role in maintaining both structural and functional aspects of an individual organism. Long chain of amino acids makes up a protein molecule and regulates all biological functions such as metabolic reactions, DNA replication and other vital expressional functions in the body. Bioengineered proteins are designed as the fundamental participants in all biological processes, represent as powerful therapeutic agents and include a broad range of products such as growth factors, hormones, vaccines, monoclonal antibodies, cytokines and few others. These special drugs are gaining attention across pharmaceutical industries due to their specificity, safety, bioreactivity and success rate in treating life-threatening diseases and injuries. Rising prevalence of diseases such as cancer, diabetes, heart diseases, asthma and others is the crucial driver of the bioengineered protein drugs market.

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Other factors propelling the growth of this market include technological advancement in manufacturing bioengineering drug proteins, targeted drug delivery methods for efficient treatment and rising expenditure on healthcare. However, high cost associated with the bioengineered protein drugs limit the growth of the market. Moreover, complications involved while treating certain diseases with bioengineered drugs obstruct the growth of bioengineered protein drugs globally.

Delivering these biologically active proteins to the target organs and tissues is a major issue. Bioengineered protein drugs are achieving significant progression as novel treatment in number of diseases such as chronic diseases, cancer, asthma and others. Thus, efficient drug delivery methods using technologically advanced vehicles such as micelles, liposomes and hydrogels are contributing toward the growth of this market.

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The report segments the bioengineered protein drugs market on the basis of drug types, diseases, technologies, drug delivery methods and geography. On the basis of drug types, the market is further segmented into recombinant protein drugs, peptide hormones, vaccines, therapeutic enzymes, monoclonal antibodies, cytokines, replacement proteins, peptide antibiotics and blood products. Monoclonal antibodies type is the most attractive drug type owing to its increased usage in therapeutics for autoimmune diseases, cancer and inflammatory diseases. According to the diseases segment, the market has been classified into diabetes, cancer, skin diseases, blood disorders, heart diseases, neurodegenerative diseases, respiratory diseases, infectious diseases, congenital diseases, autoimmune disorders, arthritis and others.

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