The latest trending report published by Crystal Market Research titled, Protein Therapeutics Market, approximates that the Protein Therapeutics market size is estimated to flourish at a significant CAGR in the future, and this is attributed to the escalation in need for this product across the globe along with novel innovations in the market.
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The Protein Therapeutics Market was worth USD 123.54 billion in the year of 2012 and is expected to reach approximately USD 241 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 6.91% during the forecast period. Therapeutic proteins are a critical class of pharmaceuticals, which are managed to treat a variety of various diseases, for example, infectious diseases, cancer, and others. These medications hold critical potential to enhance human health. The requirement for protein therapeutics has expanded impressively, attributable to increment in predominance of chronic diseases and advancement of plasma-determined treatments.
Market Key Players:
Roche Holding AG
Johnson & Johnson
Eli Lilly and Company
On the basis of application the Protein Therapeutics Market is segmented into Immunologic Disorders, Cancer, Genetic Disorders, Metabolic Disorders, Hematological Disorders and Hormonal Disorders. Therapeutic protein drugs are an imperative class of prescriptions serving patients most needing novel treatments. Protein therapeutics has been produced to treat a wide range of clinical issues such as genetic disorders, cancer, exposure to infectious agents and inflammation.
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The global Protein Therapeutics Market is segmented as follows-
Follicle Stimulating Hormone
Human Growth Hormone
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Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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