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Technological Advancements Fueling The Growth Of The Therapeutic Proteins Market: A Key Factor Shaping the Future of the Therapeutic Proteins Market in 2025
Therapeutic Proteins Market Size
The market size of therapeutic proteins has seen significant expansion recently. The growth is projected to increase from $140.96 billion in 2024 to $158.16 billion in 2025, displaying a compound annual growth rate (CAGR) of 12.2%. The progression witnessed during the historic period is largely attributed to developments in protein engineering, broadening applications in chronic diseases, the emergence of immunotherapy, advancement in recombinant DNA technology, as well as targeted cancer therapies.
The market for therapeutic proteins is predicted to experience substantial growth in the coming years, expanding to a value of $257.4 billion in 2029, with a compound annual growth rate (CAGR) of 12.9%. This projected growth within the forecast period can be ascribed to various factors such as adaptations in regulations, advancements in delivery systems, the integration of gene editing, the development of biobetters, and the evolution of immunotherapy. Key trends within this forecast period include the enhancement of regulatory frameworks, the improvement of delivery systems, advancements in biotechnology, the rise in personalized medicine, and the dominance of monoclonal antibodies.
What Are the Main Catalysts for Growth in the Therapeutic Proteins Market?
The market for therapeutic proteins is being fueled by technological advancements in the production of protein-oriented drugs. Unlike chemically synthesized drugs, therapeutic proteins necessitate production via genetic engineering and recombinant DNA technology in living cells or organisms. Technologies used in protein engineering, such as glycoengineering, pegylation, Fc-fusion, albumin fusion, and albumin drug conjugation, aid in escalating the yield, purity, half-life circulation, targeting accuracy, and functionality of therapeutic proteins drugs. Drugs like Belimumab, ipilimumab, taliglucerase alfa, albiglutide, and recombinant human coagulation factor IX, which are all therapeutic proteins, were developed using protein engineering technologies and got FDA approval within the last five years.
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Which Businesses Are at the Forefront of Therapeutic Proteins Market Development?
Major companies operating in the therapeutic proteins market include Pfizer Inc., Johnson & Johnson Services Inc., F. Hoffmann-La Roche Ltd., Merck & Co. Inc., AbbVie Inc., Novartis International AG, Sanofi S.A, Bristol Myers Squibb Co., AstraZeneca plc, Abbott Laboratories, GlaxoSmithKline plc, Eli Lilly and Company, Boehringer Ingelheim International GmbH, Amgen Inc., Novo Nordisk A/S, Baxter International Inc., Teva Pharmaceutical Industries Ltd., CSL Behring LLC, Chugai Pharmaceutical Co. Ltd., Biogen Inc., Kyowa Kirin Co. Ltd., Oramed Pharmaceuticals Inc., Sandoz International GmbH, Hualan Biological Engineering Inc., Genentech Inc., ProBiogen AG, Diasome Pharmaceuticals Inc., Genere*x Biotechnology Corp., GeneScience Pharmaceuticals Co. Ltd.
What Are the Latest Innovations in the Therapeutic Proteins Market?
The growth of the therapeutic proteins market is likely to be hampered by the increased presence of biosimilar drugs globally. The patent expiry of therapeutic proteins like monoclonal antibodies paves the way for biosimilars to penetrate the market. Take, for example, Amneal Pharmaceuticals, Inc., a US-based generics and specialty pharmaceutical firm, which launched ALYMSY (bevacizumab-maly) in the United States in October 2022. These affordable treatments, which resemble the original biologics, lead to a decrease in the revenue and sales of the therapeutic proteins market.
How Is the Therapeutic Proteins Market Segmented?
The therapeutic proteins market covered in this report is segmented -
1) By Product Type: Insulin, Fusion Protein, Erythropoietin, Interferon, Human Growth Hormone, Follicle Stimulating Hormone
2) By Function: Enzymatic And Regulatory Activity, Special Targeting Activity, Vaccines, Protein Diagnostics
3) By Application: Metabolic Disorders, Immunologic Disorders, Hematological Disorders, Cancer, Hormonal Disorders, Genetic Disorders, Other Applications
Subsegments:
1) By Insulin: Rapid-Acting Insulin, Short-Acting Insulin, Intermediate-Acting Insulin, Long-Acting Insulin
2) By Fusion Protein: Tnf-Alpha Inhibitors, Anti-Cd20 Fusion Proteins, Other Targeted Fusion Proteins
3) By Erythropoietin: Epoetin Alpha, Darbepoetin Alfa, Other Erythropoietin Variants
4) By Interferon: Interferon Alpha, Interferon Beta, Interferon Gamma
5) By Human Growth Hormone: Somatropin, Somatrem
6) By Follicle Stimulating Hormone: Follitropin Alpha, Follitropin Beta
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Where Is the Therapeutic Proteins Market Growth Most Prominent?
The countries covered in the therapeutic proteins market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
What Is Covered In The Therapeutic Proteins Global Market Report?
- Market Size Analysis: Analyze the Therapeutic Proteins Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Therapeutic Proteins 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 Therapeutic Proteins Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Therapeutic Proteins Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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