Press release
Bioengineered Protein Drugs Market: Significant Growth Potential with a CAGR of 8.3%, Expanding Therapeutic Applications and Emerging Market Trends
Bioengineered Protein Drugs Market Size
What Is The Projected Market Size Of The Global Bioengineered Protein Drugs Market And Its Growth Rate?
• The bioengineered protein drugs market witnessed strong growth, increasing from $406.39 billion in 2024 to $439.29 billion in 2025, registering a CAGR of 8.1%.
• The market is projected to reach $604.42 billion by 2029, with a CAGR of 8.3%.
• The overall market expansion is driven by increased regulatory approvals, collaborations, partnerships and a broader understanding of diseases.
What Is Driving The Growth In The Bioengineered Protein Drugs Market?
The escalating prevalence of chronic diseases worldwide is a crucial factor propelling the growth of the bioengineered protein drug market. Chronic diseases that persist for a year or longer and require constant medical attention are significantly treated with designer protein therapies. As per the World Health Organization (WHO) 2022 Highlights, chronic diseases accounted for 74% of global deaths annually, with significantly millions of deaths from cardiovascular diseases, cancer, chronic respiratory diseases, and diabetes. Therefore, this increase in chronic diseases is subsequently driving the bioengineered protein drugs market growth.
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Who Are the Key Players Driving Bioengineered Protein Drugs Market Growth?
• Abbvie Inc.
• Amgen Inc.
• Astrazeneca PLC
• Bayer HealthCare Pharmaceuticals LLC
• Eli Lilly and Company
• F. Hoffmann-La Roche AG
• GlaxoSmithKline plc
• Johnson & Johnson
• Novartis AG
• Novo Nordisk A/S
• Sanofi S.A.
• Grifols S.A.
• Adma Biologics Inc.
• CSL Limited
• Abbott Laboratories
• Baxter International Inc.
• Fresenius Kabi AG
• Merck & Co. Inc.
• Pfizer Inc.
• Biogen Inc.
• Bristol-Myers Squibb Company
• Genentech Inc.
• Lonza Group AG
• MedImmune LLC
• Regeneron Pharmaceuticals Inc.
• Shire plc.
• Takeda Pharmaceutical Company Limited
• Teva Pharmaceutical Industries Ltd.
• Shanghai United Cell Biotechnology Co. Ltd.
• Panacea Biotec Ltd.
What Are The Key Trends In The Bioengineered Protein Drugs Market?
• Advancements in protein engineering.
• Increased focus on monoclonal antibodies.
• Personalised medicine and targeted therapies.
• The emergence of next-generation biologics.
• Optimisation of manufacturing processes.
What Are The Segments Of The Global Bioengineered Protein Drugs Market?
• By Drug Type: Recombinant Protein, Vaccine, Peptide Antibiotics, Therapeutic Enzymes, Other Drug Type
• By Technology: Bioreactors, Fractionation, Genetically Modified Organisms, Genetic Engineering, Pharming, Cell Culture, Microbial Cell Fermentation, Other Technology
• By Application: Autoimmune, Heart, Congenital, Infectious Diseases, Cancer, Diabetes, Arthritis, Other Application
• By End User: Pharmaceutical, Contract Research Organizations, Research Institutes, Biotechnology Companies
Which Region Leads The Bioengineered Protein Drugs Market?
In 2024, North America was the predominant region in the bioengineered protein drugs market. The other regions covered in this market include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Bioengineered Protein Drugs Market Global Market Report?
- Market Size Analysis: Analyze the Bioengineered Protein Drugs Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Bioengineered Protein Drugs Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Bioengineered Protein Drugs Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Bioengineered Protein Drugs Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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