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35) Increased Awareness will Aid in Market Growth of Bioengineered Protein Drugs Market
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The global bioengineered protein drugs market is segmented on the basis of product types, application types, technology types, drug delivery methods and geographical regions.
Based on product type, the global Bioengineered protein drug market is divided into following
Cytokines and Chemokines,Peptide Hormones,Peptide antibiotics,Monoclonal antibodies,Therapeutics and enzymes,Vaccines,Other Bioengineered protein drugs
Cytokines and Chemokines can be subdivided into Interleukins, Interferon and colony stimulating factors. Peptide hormones can be subdivided into growth hormone, erythropoietin, luteinizing hormone and Follicle Stimulating hormone. Vaccines can be subdivided into Toxoid, Inactivated vaccines, Attenuated Vaccines. Therapeutics and enzymes can be subdivided into metabolic enzymes, digestive enzymes and others. There is an increase in demand of monoclonal antibody due to its increased use in therapeutics for cancer, autoimmune diseases and cancer.
Based on Application type, the global bioengineered protein drug market is divided into following
Diabetes and hormonal disorders,Genetic and fertility disorders,Cancer and Immunosuppressive disorders,Other diseases
Based on technology type, the global bioengineered protein drug market is divided into following
Fractionation,Bioreactors and microbial cell fermentation,Genetic Engineering
Pharming,Cell culture and other
Based on drug delivery methods, the global bioengineered protein drug market is divided into following
Traditional methods
Novel Methods
The traditional methods are subdivided into oral, Trans mucosal, parenteral, topical and inhalation. The novel methods are subdivided into micelles, microspheres, liposomes, micro emulsions, nanoparticles, hydrogels, and thin-film drug delivery.
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Geographically the global bioengineered protein drug market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The North American region is dominating the global bioengineered protein drug market share in terms of value and volume followed by Europe. North America is expected to lead the global market through 2024 due to improved biopharmaceutical industries, greater technological advancements and highly developed research sector etc. Asia Pacific sector is expected to register highest growth rate in the global bioengineered protein drug market owing to the factors such as developing economic scenario, improving biopharmaceutical industries, developing research sector, increase awareness of people towards technology and rise in prevalence of chronic diseases such as diabetes, asthma etc.
Some of the major players operating in the global bioengineered protein drug markets are Abbott Laboratories, Allergan, Pfizer Inc., Genentech, Inc., Lilly USA, LLC, GlaxoSmithKline plc, Panacea Biotec Ltd., Wockhardt Ltd., Allergan, Novo Nordisk, F. Hoffmann-La Roche Ltd., Amgen, Biogen, Bayer Healthcare Pharmaceuticals, Baxter Healthcare among others worldwide. To maintain a significant position in the global market, the players are adopting strategies such as providing highly efficient and cost effective bioengineered protein drugs, launches and mergers.
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