Global Recombinant Protein Market 2021 is expected to register a CAGR of Growing rate%, during forecast period with Impact of Covid 19 Analysis

Recombinant

Global “Recombinant Protein Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Recombinant Protein in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Recombinant Protein Market report categorizes the market based on manufacturers, regions, type, and application. Recombinant Protein Market reports offer a detailed assessment of the Recombinant Protein including enabling technologies, current market situation, market assumptions, restraining factors.

The Global Recombinant Protein market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.

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The recombinant protein market is expected to register a growth rate of nearly 6.5% over the forecast period, 2018-2023. Recombinant proteins are encoded by recombinant DNA, which involves the insertion of DNA encoding that particular protein into bacterial or mammalian cells, and the protein is then purified after getting expressed in these cells. Recombinant protein is produced either by molecular cloning or through polymerase chain reaction (PCR). The prominence of recombinant proteins has been increasing tremendously for therapeutic application, owing to advancement in technologies, which further facilitates market growth by developing alternative expression technologies and enhanced cell culture systems. It is also considered to be the foundation of biomolecular research and the developing biotechnology industry. As per the geographical analysis, the North American region possesses several factors, such as well-developed research infrastructure and higher expenditure in biomedical research, which makes this market to retain dominance in this region.

Growing Prevalence of Chronic Diseases Boosts the Growth of the Recombinant Protein Market

The prevalence of chronic diseases, such as cancer, diabetes, and arthritis, are on the rise, globally, as well as the treatment of the aforementioned diseases. As per the statistics recorded by the World Health Organization (WHO), the number of people with diabetes increased to 422 million in 2014, and in 2015, approximately 1.6 million deaths were directly caused due to diabetes and its associated complications. This exponential rise presents an urgent need to establish an effective diabetes therapy, where recombinant insulin plays a major role. Arthritis is also one of the leading causes of disability among adults in the United States, where about 54 million adults have doctor-diagnosed arthritis. This huge burden of arthritis needs disease management through different recombinant proteins, thus, fueling the recombinant protein market.
Other factors contributing to the recombinant protein market are, the growing expenditure in the R&D sector, rising inclination toward biologics and biosimilars, and advanced recombinant products.

Expensive and Time-consuming Production Process Limits the Growth of the Recombinant Protein Market

Recombinant protein production is a very time-consuming procedure, which requires high maintenance. The cost of the recombinant protein produced in E. coli is around EUR 10,000–15,000/mg, this high cost thus indicates the need of alternate platform, which is expected to restrain the recombinant protein market.
Another factor limiting the growth of this market is the safety issues associated with recombinant proteins.

North America is Expected to Dominate the Recombinant Protein Market over the Forecast Period

North America is expected to lead the global recombinant protein market, owing to the increasing expenditure in research. The United States is anticipated to witness highest growth, owing to the largest concentration of world-class research universities and academic medical centers. The R&D spending of the United States is around 2.7% of its gross domestic products (GDP). In 2014, The United States was leading the R&D investments in biotechnology, and since then, the US biotechnology research and investment has been growing at a steady rate. Development of new products and collaboration activities of biotechnology companies are likely to boost the growth of the recombinant protein market.
Thus, the increasing expenditure and major focus on R&D are expected to generate high opportunities for the growth of the North American recombinant protein market.

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The global Recombinant Protein market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.

Recombinant Protein Market Report covers the Top Key-players in 2021:-

  • Abcam PLC
  • Abnova Corporation
  • Eli Lilly and Company
  • Enzo Life Sciences Inc.
  • Eurogentec (Kaneka Corporation)
  • Merck KGaA
  • Novo Nordisk AS
  • Novoprotein
  • Prospec-Tany Technogene Ltd
  • R&D Systems (Bio-Techne)
  • Roche Diagnostics
  • and ThermoFisher Scientific

Highlighted points of Recombinant Protein Market Size:

  • Covers the varying market dynamics of the industry.
  • In-depth analysis of market risks, opportunities, limitations, and growth of the market.
  • Includes market driving and restraining factors.
  • Participants profiles along with product description, overview, and business data.
  • Include details of five years of forecast analysis by types, regions, and applications.

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This Recombinant Protein Market Research/analysis Report Contains Answers to your following Questions

  • Which Manufacturing Technology is Used for Recombinant Protein? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Recombinant Protein Market? What’s Their Company Profile, Their Product Information, Contact Information?
  • What Was Global Market Status of Recombinant Protein Market? What Was Capacity, Production Value, Cost and PROFIT of Recombinant Protein Market?
  • What Is Current Market Status of Recombinant Protein Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Recombinant Protein Market by Taking Applications and Types in Consideration?
  • What Are Projections of Global Recombinant Protein Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
  • What Is Recombinant Protein Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Recombinant Protein Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Recombinant Protein Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Recombinant Protein Industry?

Key Developments in the Recombinant Protein Market: in the Recombinant Protein Market

  • Jul 2018: Abcam Merck collaboration produced PD-L1 antibody for immuno-oncology research.
  • Jan 2018: Abcam signed exclusive license agreement with Roche, and under the terms of the agreement, Abcam obtained the exclusive rights to the product portfolio of Spring Bioscience Corporation in the research-use-only (RUO) field of use, comprising of 243 recombinant rabbit monoclonal antibodies.

    Reasons to Purchase this Report

  • Current and future recombinant protein market outlook in the developed and emerging markets
  • Analysis of the various perspectives of the market with the help of Porter’s five forces analysis
  • The segment that is expected to dominate the market
  • Regions that are expected to witness the fastest growth during the forecast period
  • Identify the latest developments, market shares, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet (in Excel)

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    Finally, the report Global Recombinant Protein Market 2021 describes the Recombinant Protein industry expansion game plan, the Recombinant Protein industry knowledge supply, appendix, analysis findings, and the conclusion.

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