Global Protein Therapeutics Market Analysis & Industry Forecast, 2017-2023, With an Expected CAGR of 6.5% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jun 12, 2018--The “Protein Therapeutics Market by Product and Application - Global Opportunity Analysis and Industry Forecast, 2017-2023” report has been added to ResearchAndMarkets.com’s offering.
Proteins that are designed and engineered in the laboratory for pharmaceutical interventions to treat different diseases are known as protein therapeutics. The global protein therapeutics market accounted for $140,109 million in 2016, and is anticipated to reach $217,591 million by 2023, registering a CAGR of 6.5% from 2017 to 2023.
In principle, protein therapy is similar to gene therapy, and involves protein delivery in specific amounts to the body to aid in precise functioning of different glands and other organs in the body. Protein therapeutics play a pivotal role in treatment of an array of different diseases such as diabetes, lymphoma, hepatitis, and others.
Surge in prevalence of chronic diseases and rise in development of plasma-derived therapies supplement the market growth. However, stringent government regulations towards protein therapeutics and high treatment costs per patient impede the market growth. Conversely, increase in novel indications for known protein therapeutics and untapped emerging markets offer lucrative opportunities for the market players.
The protein therapeutics market is segmented based product, application, and geography. By product, the market is divided into monoclonal antibodies, insulin, fusion protein, erythropoietin, interferon, human growth hormone, and follicle stimulating hormone. On the basis of application, it is classified into metabolic disorders, immunologic disorders, hematological disorders, cancer, hormonal disorders, genetic disorders, and others.
Companies Mentioned:Abbott Laboratories Amgen Inc. Baxter International Inc. Eli Lilly and Company F. Hoffmann-La Roche Ltd. Johnson & Johnson Merck & Co., Inc. Novo Nordisk A/S Pfizer Inc. Sanofi Biogen, Inc. CSL Behring Genentech, Inc.
Key Topics Covered:
2 Executive Summary
3 Market Overview
4 Protein Therapeutics Market, by Product
5 Protein Therapeutics Market, by Application
6 Protein Therapeutics Market, by Geography
7 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/zc3qmm/global_protein?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180612005815/en/
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: HEALTH PHARMACEUTICAL
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 06/12/2018 08:26 AM/DISC: 06/12/2018 08:26 AM