Press Release

Recombinant Proteins Market to Gain Traction from Growing Demand for Protein Biologics

Recombinant Proteins Market Size| 2021 Covid-19 Impact On Healthcare Industry Global Analysis By Size, Trends, Growth, Share, Business, Key Players And Regional Forecast latest study published by Fortune Business Insights. The global ”recombinant proteins market” size is estimated to flourish owing to the increasing research and development activities for developing advanced drugs to treat chronic diseases, observes Fortune Business Insights™ in an upcoming report, titled, “Recombinant Proteins Market Size, Share & Industry Analysis, By Type (Hormones, Growth Factors, Antibody, Enzyme, Others), By Application (Therapeutic, Research), By End User (Biopharmaceutical Companies, Academic & Research Institutes, Others) and Regional Forecast 2020-2027.” The demand for protein production systems is increasing rapidly amid the COVID-19 pandemic owing to its utilization in the testing process.

The emergence of COVID-19 has brought the world to a standstill. The crisis has brought an unprecedented impact on Industries across the globe. While some industries are thriving in the current scenario, some are struggling to even run their operations. Stimulus packages from governments and support from several companies are being utilized to overcome the adversities.

At Fortune Business Insights, we are striving to help your business sustain amid the pandemic by offering a comprehensive report that includes a detailed impact analysis on the market.

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Global Recombinant Proteins Market Highlights:

The Recombinant Proteins Market report offers an in-depth analysis of the Recombinant Proteins industry and the demand drivers by highlighting information on several aspects of the market. Prudent Markets addresses all these aspects and provides the latest scoop and detailed eye-opening study on all major & emerging business segments. In addition to this, the report sheds light on the industry developments by key players, which are contributing to the expansion of this industry. The development scope, feasibility study, Recombinant Proteins market concentration, and maturity analysis is elaborated in this report.

Information given in the research report pertains to different technological advancements introduced in recent years, which allows for a meticulous analysis of the industry and offers a more comprehensive understanding to the readers.

The outbreak of covid-19 in the global market has made companies uncertain about their future scenario as the prolonged lock-down finds a serious economic slump. The latest survey on COVID-19 Outbreak-Global Recombinant Proteins Market is conducted to provide hidden gems performance analysis. Essential growth factors and study of Basis points [BPS] have been discussed in the following report. Research Report explains a detailed overview of market dynamics, segmentation, product portfolio, business plans, and the latest development in the industry.

Out research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers and acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.

It offers figurative estimations for upcoming years on the basis of the recent developments and historic data. For gathering information and estimating revenue for all segments, researchers have used top-down and bottom-up approaches. On the basis of data collected from primary and secondary research and trusted data sources the report will help both existing and new aspirants for Recombinant Proteins market to figure out and study the market’s needs, market size, and competition.

Highlights of the Report:

This report incorporates an in-depth analysis of the overall growth prospects in the market. Furthermore, it provides insights into the comprehensive competitive landscape of the global market. A dashboard overview of leading companies, including their marketing strategies, market contribution, and recent developments is presented in both historic and present contexts.

Regional Analysis:

The global recombinant proteins market has been segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America followed by Europe dominated the global recombinant proteins market in 2019, owing to the rise in R&D of the pharmaceutical & biotechnology industries. Additionally, growing consolidation between small and medium sized companies operating in recombinant proteins development is likely to surge the market growth in Asia Pacific. Moreover, increased sales of products in the use of R&D experiments is fostering the market growth in the Asia Pacific countries. Latin America and Middle East & Africa are projected to register a comparatively lower CAGR by the end of the forecast period.

Regional Insights-

Increasing R&D in Pharmaceutical and Biotechnology Spaces to Aid North America Dominate

North America is estimated to lead the global recombinant proteins market due to the increasing research and development activities in pharmaceutical and biotechnology spaces. For instance, according to a research by Select USA, Over 800,000 people work in the biopharmaceutical industry in the U.S., including a broad range of occupations such as scientific research, technical support, and manufacturing.

Competitive Landscape-

Investing in R&D to Help Key Players Develop Therapeutic Drugs

The global recombinant proteins market comprises various manufacturers and businesses focused on offering advanced solutions to gain a competitive edge. Prominent players are investing in R&D to identify new applications of recombinant proteins in order to develop therapeutic products for several diseases. This will help them expand their product portfolios.

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Industry Developments-

  • In June 2020, Lonza launched GSv9, a new media, to support the production of recombinant proteins using the company’s GS Gene expression system.
  • In March 2020, AMS Biotechnology launched recombinant proteins and antibodies for the detection of the COVID-19 virus. The company offers a wide range of products including assays, recombinant proteins, and cell lines, particularly for drug development.

A List of Key Manufacturers Operating In the Global Recombinant Proteins Market Report:

  • Sigma Aldrich Company Ltd.
  • Novoprotein Scientific
  • Thermo Fisher Scientific
  • Merck KGaA
  • Abcam PLC
  • Lonza
  • GenScript Biotech Corporation
  • ProSpec Tany TechnoGene, Ltd.
  • Others

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Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

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