Bioengineered Protein Drug Market Analysis

  • Report ID: 2828
  • Published Date: Jun 28, 2024
  • Report Format: PDF, PPT

Bioengineered Protein Drug Market Analysis

Drug Type (Recombinant Protein, Vaccine, Peptide Antibiotics, Therapeutic Enzymes)

The global bioengineered protein drug market is segmented and analyzed for demand and supply by drug type into recombinant protein, vaccine, peptide antibiotics, therapeutic enzymes, and others. Out of these types of drugs, the therapeutic enzymes segment is estimated to gain the largest market share in the year 2036. The growth of the segment can be attributed to the extensive use of therapeutic enzymes in the manufacturing of therapeutic proteins and the processing of recombinant DNA. Macromolecular therapeutic proteins, such as interferons, cytokines, and monoclonal antibodies, are extensively used in the treatment of HIV, cancer, and other diseases. A higher prevalence of HIV and cancer can be observed among the global population owing to several reasons such as rising tobacco and alcohol consumption, and others. For instance, it was estimated that nearly 8 million people lose their lives on account of tobacco consumption every year. Additionally, approximately 80% of tobacco users are observed to be living in developing countries.

Application (Autoimmune, Heart, Congenital, Infectious Diseases, Cancer, Diabetes, Arthritis)

The global bioengineered protein drug market is also segmented and analyzed for demand and supply by application into autoimmune, heart, congenital, infectious diseases, cancer, diabetes, arthritis, and others. Amongst these segments, the cancer segment is expected to garner a significant share in the year 2036. Cancer is the most common cause of mortality worldwide. Several types of antibodies are used to cure cancer such as monoclonal antibodies. These antibodies are cured in the labs to attack specific targets on cancer cells. Bioengineering cancer therapies include re-engineering tumor microenvironments to eliminate tumor-promoting cues and developing next-generation cell-based therapies. Furthermore, it was also observed in multiple studies that cancer patients require more protein than an ordinary healthy person. Since tumor kills the cell while bioengineered protein helps the tissues to fight infections. Some instances of the most suitable drugs for cancer are 5-fluorouracil, methotrexate, 6-mercaptopurine, gemcitabine, and cytarabine.  

Our in-depth analysis of the global market includes the following segments:

 

       By Drug Type

  • Recombinant Protein
  • Vaccine
  • Peptide Antibiotics
  • Therapeutic Enzymes
  • Others

      By Application

  • Autoimmune
  • Heart
  • Congenital
  • Infectious Diseases
  • Cancer
  • Diabetes
  • Arthritis
  • Others

        By Technology

  • Genetic Engineering
  • Cell Culture
  • Pharming
  • Others

        By Drug Delivery Method

  • Traditional Methods
  • Novel Approaches
Get more information on this report: Request Free Sample PDF

Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 2828
  • Published Date: Jun 28, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of bioengineered protein drug is assessed at USD 110.2 Billion.

The bioengineered protein drug market size was over USD 105.1 Billion in 2023 and is anticipated to cross USD 200.65 Billion by 2036, witnessing more than 5.1% CAGR during the forecast period i.e., between 2024-2036. Growing prevalence of cancer and growing incidences of diabetes are the major factors driving the market growth.

North America is projected to hold largest industry share by 2036, on the back of increasing expenditure on healthcare, both by public and private entities, along with increase in research and developmental activities and the prevalence of chronic diseases amongst individuals in the region.

Abbott Services, Johnson & Johnson Services, Inc., Amgen Inc., Bayer AG, Dr. Reddy’s Laboratories Ltd., Biocon Limited, Eli Lilly and Company, Sanofi S.A, GlaxoSmithKline plc, F. Hoffmann-La Roche Ltd
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample