Proteins play a crucial role in maintaining both structural and functional aspects of an individual organism. Long chain of amino acids makes up a protein molecule and regulates all biological functions such as metabolic reactions, DNA replication and other vital expressional functions in the body. Bioengineered proteins are designed as the fundamental participants in all biological processes, represent as powerful therapeutic agents and include a broad range of products such as growth factors, hormones, vaccines, monoclonal antibodies, cytokines and few others. These special drugs are gaining attention across pharmaceutical industries due to their specificity, safety, bioreactivity and success rate in treating life-threatening diseases and injuries. Rising prevalence of diseases such as cancer, diabetes, heart diseases, asthma and others is the crucial driver of the bioengineered protein drugs market.
Other factors propelling the growth of this market include technological advancement in manufacturing bioengineering drug proteins, targeted drug delivery methods for efficient treatment and rising expenditure on healthcare. However, high cost associated with the bioengineered protein drugs limit the growth of the market. Moreover, complications involved while treating certain diseases with bioengineered drugs obstruct the growth of bioengineered protein drugs globally.
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- Abbott Laboratories
- Amgen
- Baxter Healthcare
- Bayer Healthcare Pharmaceuticals
- Eli Lilly and Co.
- GlaxoSmithKline
- Fresenius Kabi USA
- Hoffman-la-Roche
- Johnson and Johnson
- Merck and Co. Inc.,
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- Comprehensive analysis of factors that drive and restrict the growth of the global bioengineered protein drugs market is provided.
- The projections in this report are made by analyzing the current market trends and the market potential for the forecast period of 2014-2020, in terms of value.
- A comprehensive analysis of drug types, diseases, technologies, drug delivery methods and geography segments enable the identification of growth opportunities within the global bioengineered protein drugs market
- Competitive intelligence (of leading manufacturers of bioengineered protein drugs) helps in understanding the competitive scenario across geographies
- SWOT analysis of the key market players is provided to illustrate the business strategies adopted by the key companies
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๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ https://www.alliedmarketresearch.com/purchase-enquiry/1462
Based on technology, the market is further segmented into fractionation, bioreactors and microbial cell fermentation, genetic engineering, genetically modified organisms (GMOs), pharming, bioengineered protein drugs produced by transgenic microorganisms, plants and animals, cell culture and others. The advancement in manufacturing technologies such as GMOs and cell cultures are boosting the market growth. Based on drug delivery methods, the market has been classified into traditional methods and novel approaches. Geographic breakdown and deep analysis of each of the aforesaid segments has been included for North America, Europe, Asia-Pacific and LAMEA. North America dominate the bioengineered protein drugs market and U.S. is the leading country in this market due to the high technological advancements and extensive R&D practiced for manufacturing bioengineered protein drugs.
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