Dublin, Feb. 20, 2023 (GLOBE NEWSWIRE) -- The "Bioengineered Protein Drugs: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Bioengineered Protein Drugs estimated at US$232.5 Billion in the year 2022, is projected to reach a revised size of US$329.9 Billion by 2030, growing at a CAGR of 4.5% over the analysis period 2022-2030.
Therapeutic Proteins, one of the segments analyzed in the report, is projected to record a 4.1% CAGR and reach US$129.2 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Monoclonal Antibodies segment is readjusted to a revised 4.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $63.3 Billion, While China is Forecast to Grow at 7.4% CAGR
The Bioengineered Protein Drugs market in the U.S. is estimated at US$63.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$69.4 Billion by the year 2030 trailing a CAGR of 7.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.4% and 5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$44.3 Billion by the year 2030.
Select Competitors (Total 56 Featured) -
- Abbott India Ltd.
- Amgen, Inc.
- Bayer AG
- Biocon Ltd.
- Dr. Reddy's Laboratories Ltd.
- Eli Lilly and Company
- F. Hoffmann-La Roche AG
- GlaxoSmithKline PLC
- Johnson & Johnson
- Merck & Co., Inc.
- Novartis International AG
- Panacea Biotec Ltd.
- ProBioGen AG
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Report Metrics:
| Report Attribute | Details |
| No. of Pages | 193 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $232.5 Billion |
| Forecasted Market Value (USD) by 2030 | $329.9 Billion |
| Compound Annual Growth Rate | 4.5% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Bioengineered Protein Drugs - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/5cz79c
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