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Key Influencer in the Bioengineered Protein Drugs Market Outlook 2025: Rising Chronic Disease Prevalence Propels Expansion Of Bioengineered Protein Drug Market Outlook Driver
Bioengineered Protein Drugs Market Outlook
The rise in chronic diseases is predicted to fuel the expansion of the bioengineered protein drug market in the future. Chronic diseases are conditions that people live with for over a year, necessitate ongoing medical attention, and limit daily physical activities. Bioengineered protein drugs provide therapy for chronic diseases by designing proteins for use in oncology and regenerative medicine, utilizing combinatorial and logical techniques. As an example, the World Health Organization (WHO) 2022 Highlights reported in September 2022 that 74% of 41 million global deaths year was due to noncommunicable diseases (NCDs) or chronic diseases. This included 17.9 million deaths from cardiovascular diseases, 9.3 million from cancer, 4.1 million from chronic respiratory diseases, and 2.0 million from diabetes. Hence, the surge in chronic diseases is a driving force for the growth of the bioengineered protein drug market.
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What is the projected compound annual growth rate (CAGR) of the bioengineered protein drugs market from 2025 to 2034, and what factors influence it?
The market size for bioengineered protein drugs has significantly expanded in the past few years. The forecast suggests a growth from $406.39 billion in 2024 to $439.29 billion in 2025, registering a compound annual growth rate (CAGR) of 8.1%. Factors contributing to the historical growth include enhanced comprehension of diseases, regulatory approvals, an increase in chronic diseases, collaborations and partnerships, as well as market expansion.
Expectations are high for substantial growth in the bioengineered protein drugs market in the upcoming years. It is projected to reach a value of "$604.42 billion in 2029, with a compound annual growth rate (CAGR) of 8.3%. Factors contributing to this growth during the forecast period include trends towards personalized medicine, an increase in therapeutic applications, emerging markets, a concentration on rare diseases, and the development of healthcare infrastructure. Noteworthy trends during the forecast period are progress in protein engineering, a heightened focus on monoclonal antibodies, individualized medicine and targeted treatments, the rise of next-generation biologics, and optimization of the manufacturing process.
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How are the latest trends influencing the growth of the bioengineered protein drugs market?
Leading firms within the bioengineered protein drug market are employing a strategic alliances strategy to supply crucial bioengineered protein drugs to businesses and governmental entities. This strategy involves companies capitalizing on each other's strengths and resources to realize shared advantages and success. For example, Future Fields, a biotechnology company established in Canada, allied with Jenthera Therapeutics, another Canadian biotech company that specializes in conceiving innovative treatments for rare and intricate diseases in June 2023. Their collective aim for this alliance is to conceive a ground-breaking protein capable of combating cancer through the use of Future Fields' EntoEngine platform, enabling cost-efficient and sustainable large-scale production.
What are the major segments of the bioengineered protein drugs market and their role in driving growth?
The bioengineered protein drugs market covered in this report 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
Subsegments:
1) By Recombinant Protein: Monoclonal Antibodies, Hormones, Cytokines
2) By Vaccine: Recombinant Vaccines, DNA Vaccines
3) By Peptide Antibiotics: Lipopeptide Antibiotics, Glycopeptide Antibiotics
4) By Therapeutic Enzymes: Enzyme Replacement Therapies, Biosimilar Enzymes
5) By Other Drug Type: Fusion Proteins, Antibody-Drug Conjugates (ADCs)
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Which regions are key players in the growth of the bioengineered protein drugs market?
North America was the largest region in the bioengineered protein drugs market in 2024. The regions covered in the bioengineered protein drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the key firms paving the way for growth in the bioengineered protein drugs market?
Major companies operating in the bioengineered protein drugs market include 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.
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What Is Covered In The Bioengineered Protein Drugs Global Market Report?
• Market Size Forecast: Examine the bioengineered protein drugs market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the bioengineered protein drugs market for a structured understanding.
• Key Players Overview: Analyze major players in the bioengineered protein drugs market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the bioengineered protein drugs market.
• Segment Contributions: Evaluate how different segments drive overall growth in the bioengineered protein drugs market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the bioengineered protein drugs market.
• Industry Challenges: Identify potential risks and obstacles affecting the bioengineered protein drugs market.
• Competitive Landscape: Review strategic developments in the bioengineered protein drugs market, including expansions, agreements, and new product launches.
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