Protein therapeutics market to grow by $172.8b until 2028 | Healthcare Asia Magazine
, APAC
Photo from shutterstock

Protein therapeutics market to grow by $172.8b until 2028

It is anticipated to grow at a 9.47% CAGR within the forecast period.

The global market for protein therapeutics is projected to grow by $172.8b until 2028 at a compound annual growth rate (CAGR) of 9.47%.

A report by Technavio revealed that the market is driven by a rising prevalence of chronic diseases, advancements in protein production, and an increasing demand for targeted therapies.

“The market for protein therapy is significant in major healthcare institutions, where treatments like chemotherapy and monoclonal antibodies segment are commonly administered for immunological diseases and haematological disorders,” The report said.

Meanwhile, regulatory approvals and partnerships between academic institutions and biotech companies further fuel the market’s expansion.

According to Technavio, the market holds significant potential in developing economies amidst the continuous rise of the demand for quality drugs and advanced treatments.

 

Join Healthcare Asia Magazine community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!