The report on the global Protein therapeutics market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.
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According to the new market research report, “Protein Therapeutics Market, by Therapeutic Proteins (Monoclonal Antobodies (mAbs), Erythropoietin (EPO), Insulin, Interferon (IFN), Human Growth Hormone (HGH), Follicle Stimulating Hormone (FSH), Blood Clotting Factors) – Global Revenue, Trends, Growth, Share, Size, and Forecast To 2022”, published by Scalar Market Research, the global protein therapeutics market is expected to witness high growth during the forecast period.
KEY PREMIUM INDUSTRY INSIGHTS
- The key reasons for the growth of protein therapeutics market are favorable regulations, technological advancements in the field of healthcare, increasing geriatric population, and increase in the chronic diseases such as diabetes, cancer, and cardiovascular diseases.
- Rise in the government expenditure on healthcare in developing economies is one of the key growth opportunities in the protein therapeutics market.
- However, the protein therapeutics market will be hampered by the cost of production and the side effects.
KEY MARKET PLAYERS
Key players in the protein therapeutics market include:
- Novo Nordisk
- Johnson & Johnson
- Eli Lilly & Company
- Group Biogen Idec Inc.
- Merck Serono S.A.
- Amgen Inc.
- Abbott Laboratories
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