What Does the Bioengineered Protein Drugs Market Hold in Terms of Size and Growth Rate?
The bioengineered protein drugs market size has witnessed strong growth in recent years. Fluctuating from $406.39 billion in 2024 to $439.29 billion in 2025 at a compound annual growth rate (CAGR) of 8.1%. Factors such as improved understanding of diseases, regulatory approvals, and rising prevalence of chronic diseases are driving this growth.
Looking forward, the market is predicted to reach a size of $604.42 billion in 2029 at a CAGR of 8.3%. The future growth can be credited to trends such as personalized medicine, expanding therapeutic applications, and healthcare infrastructure development.
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What Are the Driving Factors For the Growth of The Bioengineered Protein Drugs Market?
The increasing prevalence of chronic diseases is one of the significant factors driving the market for bioengineered protein drugs. As globally, chronic diseases are responsible for millions of deaths, the emergence of bioengineered protein drugs for treating these diseases is a crucial step forward. Bioengineered protein drugs offer designer protein therapies beneficial in treating various chronic conditions such as cardiovascular diseases and cancer, among others.
Which Segments Dominate the Bioengineered Protein Drugs Market?
• By Drug Type: Recombinant Protein, Vaccine, Peptide Antibiotics, Therapeutic Enzymes, Other Drug Type
• By Technology: Bioreactors, Fractionation, Genetically Modified Organisms, Genetic Engineering, Pharming, Cell Culture, Microbial Cell Fermentation, Other Technology
• By Application: Autoimmune, Heart, Congenital, Infectious Diseases, Cancer, Diabetes, Arthritis, Other Application
• By End User: Pharmaceutical, Contract Research Organizations, Research Institutes, Biotechnology Companies
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Who Are the Major Players in the Bioengineered Protein Drugs Market?
The key players in the bioengineered protein drugs market include Abbvie Inc., Amgen Inc., Astrazeneca PLC, Bayer HealthCare Pharmaceuticals LLC, Eli Lilly and Company, F. Hoffmann-La Roche AG, GlaxoSmithKline plc, Johnson & Johnson, Novartis AG, Novo Nordisk A/S, Sanofi S.A., Grifols S.A., Adma Biologics Inc., CSL Limited, Abbott Laboratories, Baxter International Inc., Fresenius Kabi AG, Merck & Co. Inc., Pfizer Inc., Biogen Inc., Bristol-Myers Squibb Company, Genentech Inc., Lonza Group AG, MedImmune LLC, Regeneron Pharmaceuticals Inc., Shire plc., Takeda Pharmaceutical Company Limited, Teva Pharmaceutical Industries Ltd., Shanghai United Cell Biotechnology Co. Ltd., Panacea Biotec Ltd.
What Are the Emerging Trends in the Bioengineered Protein Drugs Market?
One of the emerging trends in the bioengineered protein drugs market is strategic partnerships. Major companies are using this approach to provide essential drugs to businesses and governments, to achieve mutual benefits. An example of this is the strategic partnership between Future Fields and Jenthera Therapeutics in June 2023, aimed at developing a novel cancer-fighting protein.
Which Region Dominates the Bioengineered Protein Drugs Market?
North America was the largest region in the bioengineered protein drugs market in 2024. Other regions covered in the market report are Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
What Does The Bioengineered Protein Drugs Global Market Report 2025 Offer?
Bioengineered protein drugs are created using certain laboratory techniques and living cells, encompassing applications of biological processes and protein molecules. These drugs offer high purity and uniform molecular weight, averting adverse outcomes. The Bioengineered Protein Drugs Global Market Report 2025 research report by The Business Research Company provides global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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