Global Protein Therapeutics Market 2024-2028
Technavio has been monitoring the protein therapeutics market and is forecast to grow by USD 172.8 bn during 2023-2028, accelerating at a CAGR of 9.47% during the forecast period. Our report on the protein therapeutics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased demand for MABS, development of novel therapies using innovative technologies, and availability of favorable reimbursement policies.
Technavio's protein therapeutics market is segmented as below:
By Product
- mAbs
- Human insulin
- Erythropoeitin
- Clotting factors
- Others
By Application
- Metabolic disorders
- Immunologic disorders
- Hematological disorders
- Cancer
- Genetic disorders
By Geography
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the continued focus on improvement of protein therapeutics as one of the prime reasons driving the protein therapeutics market growth during the next few years. Also, emergence of bi-specific and multi-specific antibodies and increase in chronic diseases will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the protein therapeutics market covers the following areas:
- Protein therapeutics market sizing
- Protein therapeutics market forecast
- Protein therapeutics market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading protein therapeutics market vendors that include AbbVie Inc., Amgen Inc., AstraZeneca Plc, Biocon Ltd., Biogen Inc., Bristol Myers Squibb Co., Celltrion Healthcare Co. Ltd., Creative Biolabs, Eli Lilly and Co., F. Hoffmann La Roche Ltd., Intas Pharmaceuticals Ltd., Ipsen Pharma, Johnson and Johnson Services Inc., LGM Pharma LLC, Midas Pharma GmbH, Novartis AG, Novo Nordisk AS, Pfizer Inc., PV Pharma Healthcare Pvt. Ltd., and Sanofi SA. Also, the protein therapeutics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.