Protein Therapeutics Market Size, Trends, Latest Insights and Industry Statistics 2023-2028
According to IMARC Group’s latest report, titled “ Protein Therapeutics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ”, the global protein therapeutics market size reached US$ 322.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 487.0 Billion by 2028, exhibiting a growth rate (CAGR) of 7% during 2023-2028. Protein therapeutics refers to the use of proteins in medical treatments to modify or influence biological processes. These proteins, which may be naturally occurring or engineered, function as enzymes, antibodies, or hormones to treat a range of conditions, from cancer and autoimmune disorders to hormonal imbalances and metabolic diseases. Compared to traditional small-molecule drugs, protein therapeutics often offer higher specificity and efficacy with fewer side effects. This class of drugs is usually administered through injections, though research is ongoing to develop more convenient delivery methods....