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Global Recombinant Proteins Market Size study, by Product, by Application, by Host Cell, by End User, and Regional Forecasts 2024-2032

Global Recombinant Proteins Market Size study, by Product, by Application,...

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Global Recombinant Proteins Market Size study, by Product, by Application, by Host Cell, by End User, and Regional Forecasts 2024-2032
Global Recombinant Proteins Market Size...
Report Code
RO1/103/3117

Publish Date
24/Sep/2024

Pages
200
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The Global Recombinant Proteins Market is valued at approximately USD 2.20 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 12.00% over the forecast period 2024-2032. Recombinant proteins, created through genetic engineering by inserting a gene encoding the desired protein into a host cell, have become indispensable tools in modern biotechnology. Their applications span therapeutic treatments, diagnostics, vaccine production, and research, driving significant advancements in personalized medicine, industrial biotechnology, and disease treatment. The increased demand for biopharmaceuticals, driven by the rising prevalence of chronic diseases, is a primary factor propelling the market's growth. As diseases like cancer, autoimmune disorders, and infectious diseases become more prevalent, the need for effective, targeted therapies increases, leading to higher investment in recombinant protein production.

Moreover, the market is benefiting from advancements in biotechnology, particularly in gene expression systems and protein purification techniques, which enhance the efficiency and cost-effectiveness of recombinant protein production. These technological innovations are accelerating the development of new therapies and diagnostics, further fueling market growth. The expanding research and development activities across academic and industrial settings also contribute to the market's robust growth. Recombinant proteins play a critical role in drug discovery, molecular biology, and genetic engineering, and the increased funding for research is expected to bolster the market further.

North America dominated the recombinant proteins market in 2023, accounting for over 33.85% of the global share. This dominance is attributed to the region's significant research spending, well-established healthcare infrastructure, and the presence of major industry players. The high prevalence of chronic diseases in North America is also driving demand for recombinant protein therapies. Meanwhile, the Asia Pacific region is poised to experience the fastest growth during the forecast period, supported by increased public and private funding for recombinant protein research, favorable government regulations, and advancements in proteomic and genomic research.

Major market players included in this report are:
Thermo Fisher Scientific
Abcam plc.
Sino Biological, Inc.
Merck KGaA
GenScript
Bio-Rad Laboratories, Inc.
Proteintech Group, Inc.
Enzo Life Sciences, Inc.
R&D Systems, Inc.
RayBiotech Life Inc.
The detailed segments and sub-segment of the market are explained below:
By Product:
Growth Factors and Chemokines
Immune Response Proteins
Structural Proteins
Membrane Proteins
Kinase Proteins
Regulatory Proteins
Recombinant Metabolic Enzymes
Adhesion Molecules and Receptors
Other Recombinant Proteins
By Application:
Drug Discovery & Development
Biopharmaceutical Production
Research
Diagnostics
Other Applications
By Host Cell:
Mammalian Systems
Insect Cells
Yeast & Fungi
Bacterial Cells
Other Host Cells
By End User:
Pharmaceutical & Biopharmaceutical Companies
Biotechnology Companies
Academic Research Institutes
Contract Research Organizations
Other End Users
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Middle East & Africa
Saudi Arabia
South Africa
RoMEA
Years considered for the study are as follows:
Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market

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