Protein Therapeutics Market to grow with a CAGR of 6.80% throgh 2030F
Increasing healthcare infrastructure and a supportive
regulatory environment are the major drivers for the Global Protein
Therapeutics Market in the forecast period 2026-2030F
According to TechSci Research report, “Protein Therapeutics Market - Global Industry Size, Share, Trends, Competition,
Opportunity and Forecast, 2020-2030F”, Global Protein Therapeutics
Market has valued at USD 271.26 billion in 2024 and is anticipated to witness
an impressive growth in the forecast period with a CAGR of 6.80% through
2030. This can be due to collaborations and partnerships among leading
companies with a diverse approach to merge the expertise of individual
companies and to strengthen their position in the market.
Global health crises, such as pandemics and outbreaks of
infectious diseases, can drive the demand for protein therapeutics. Protein
therapeutics are essential in the development of vaccines. Vaccines typically
contain viral or bacterial proteins, or protein fragments, that stimulate the
immune system to produce an immune response. During a global health crisis like
a pandemic, the rapid development and distribution of vaccines are crucial to
prevent the spread of the disease. Monoclonal antibodies, a type of protein
therapeutic, have been used in the treatment of infectious diseases. For
example, monoclonal antibodies have been employed in the treatment of COVID-19
to neutralize the virus and reduce disease severity in infected individuals.
Some protein therapeutics, such as interferons and antiviral antibodies, are
used to combat viral infections directly by interfering with viral replication
and spread. Inflammatory responses can contribute to the severity of certain
infectious diseases. Protein therapeutics, such as cytokines and immune
modulators, can help regulate and modulate the immune response during a crisis,
potentially reducing tissue damage and improving patient outcomes.
Protein treatments provide the body with proteins in precise
amounts (depending on the patient's needs) to cure a variety of illnesses,
including diabetes, anaemia, chronic renal failure, and structural repair.
Therapeutic proteins are strong, quick-acting medications that have been shown
to be particularly successful in treating a range of disorders. Opportunities
to enhance protein treatments will persist as our knowledge of the molecular
causes of disease expands.
Rising development costs are a significant challenge in the global protein therapeutics market. The development of protein-based therapeutics, like monoclonal antibodies, enzymes, and vaccines, involves substantial financial investments and resource allocation. Protein therapeutics require extensive research and development efforts, from the initial discovery and validation of potential targets to preclinical and clinical testing. The complexity of biologic drug development often results in longer timelines and higher costs compared to small-molecule drugs. Protein therapeutics typically undergo multiple phases of clinical trials, including Phase I, Phase II, and Phase III trials. These trials involve large patient populations, extensive data collection, and monitoring, all of which contribute to rising costs.
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Global Protein Therapeutics Market segmentation is based
on protein function, product type, region and company
Based on product function, the Global Protein Therapeutics Market largest share was held by Vaccines segment and is predicted to continue expanding over the coming years. Protein therapeutics generally involve the use of proteins, such as monoclonal antibodies or recombinant proteins, for therapeutic purposes. Many vaccines are made using proteins as antigens. These antigens can be proteins or protein subunits derived from the target pathogen. For example, some COVID-19 vaccines use the spike protein of the SARS-CoV-2 virus as the antigen to trigger an immune response. When a vaccine is administered, the immune system recognizes the foreign antigen as a potential threat and mounts an immune response. This involves the production of antibodies and the activation of immune cells, such as T cells, that can recognize and destroy the pathogen. Vaccines have had a profound impact on global public health by preventing countless cases of infectious diseases, reducing mortality rates, and even leading to the eradication of some diseases (e.g., smallpox). They are essential tools in combating epidemics and pandemics.
Based on Region, Asia-pacific region to fastest
growth in the Global Protein Therapeutics Market. Many countries in the
Asia-Pacific region are experiencing increased healthcare spending due to
rising incomes, expanding middle-class populations, and government initiatives
to improve healthcare access. This increased funding has boosted the demand for
advanced therapies, including protein therapeutics. Like many parts of the
world, the Asia-Pacific region is also witnessing an aging population. With an
aging demographic comes a higher prevalence of age-related diseases and chronic
conditions, which often require protein-based therapies for treatment and
management. The region is facing a growing burden of chronic diseases, such as
cancer, diabetes, cardiovascular diseases, and autoimmune disorders. These
conditions often necessitate the use of protein therapeutics, including
monoclonal antibodies and cytokines, for effective treatment. Cancer rates are
on the rise in the Asia-Pacific region. As a result, the demand for cancer
immunotherapies, which often include protein-based monoclonal antibodies and
targeted therapies, has increased significantly.
Some of the major companies operating in the Global
Protein Therapeutics Market include:
· Amgen
Inc.
· Eli
Lilly and Company.
· F.
Hoffmann-La Roche Ltd.
· Johnson
& Johnson Services, Inc
· Merck
KGaA
· Pfizer
Inc
· AstraZeneca
Plc.
· Teva
Pharmaceutical Industries Ltd
· Bristol-Myers
Squibb Company
· AbbVie
Inc.
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“North America is expected to drive significant demand for protein
therapeutics, fueled by a strong healthcare infrastructure and increasing
prevalence of chronic diseases. The presence of well-established pharmaceutical
companies, coupled with continuous advancements in biotechnology, is
accelerating market growth. These companies are committed to improving patient
outcomes through innovative therapies, contributing to the expansion of the
global protein therapeutics market. Rising investments in research and
development, along with favorable regulatory policies, are enhancing product
availability and accessibility. As competition intensifies, the market is
poised for substantial growth during the forecast period, driven by innovation
and increasing healthcare needs" said Mr. Karan Chechi, Research Director
of TechSci Research, a research-based Global management consulting firm.
"Protein Therapeutics Market– Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Protein
Function (Enzymatic & Regulatory, Protein Diagnostics, Vaccines), By
Product Type (Blood Clotting Factor, Erythropoietin, Follicle Stimulating
Hormone, G-CSF, Insulin, Interferons, Monoclonal Antibodies), By region, and
Competition 2020-2030", evaluated the future growth potential of Global
Protein Therapeutics Market and provides statistics & information on market
size, structure, and future market growth. The report intends to provide
innovative market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in Global Protein
Therapeutics Market.
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