Enjoy complimentary customisation on priority with our Enterprise License!
The protein therapeutics market size is forecast to increase by USD 172.8 billion at a CAGR of 9.47% between 2023 and 2028. The market is experiencing significant growth due to the increased demand for monoclonal antibodies (mAbs) and the continued focus on improving the efficacy and safety of these therapeutics. Companies such as Autolus and Lumosa Therapeutics are at the forefront of this innovation, developing genetically engineered versions of human proteins for disease treatment. However, the market faces challenges including the complexities in manufacturing, storage conditions, distribution policies, and high costs. For instance, bioscience reagents like PeproTech provide essential tools for research and development in the field, but their use in therapeutic protein drugs adds to the overall cost. Moreover, the protein's activity duration and the need for sugar molecules to maintain stability further increase the complexity and cost. Furthermore, despite these challenges, the market for therapeutic protein drugs continues to grow, with applications in immunological diseases, hematological disorders, and chemotherapy. Genetically engineered proteins and natural proteins both play crucial roles in medicine, offering potential solutions to various disease conditions.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.