Recombinant Protein Market to Surpass US$ 593.4 Million Threshold by 2025 Globally

Recombinant Protein Market
INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND
OPPORTUNITY ANALYSIS, 2017–2025
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REPORT DESCRIPTION
Recombinant Protein Market - Insights
The global recombinant protein market by Product Type (Hormones, Growth Factors, Cytokines,
Plasma Protein Factor, Recombinant Metabolic Enzymes, Immune Checkpoint Regulators, and
Others), By Application (Drug Discovery & Development, Biopharmaceutical Production, Basic
Research, and Others), By End User (Biopharmaceutical Companies, Academic & Research
Institutes, Contract Research Organizations, and Others), and Region (North America, Latin
America, Europe, Asia Pacific, the Middle East, and Africa) was valued at US$ 347.2 million in 2016
and is projected to exhibit a CAGR of 6.2% over the forecast period (2017–2025), as highlighted in
a new report published by Coherent Market Insights. Availability of wide number of innovative
recombinant proteins from various sources such as human and animal, lack of suitable alternative
for basic protein related therapies research, and increasing demand for biopharmaceutical
products is expected to fuel growth of the recombinant protein market.
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Manufacturers are involved in collaborations and acquisitions for drug discovery and
development purposes. For instance, in 2017, Crown Bioscience (CBI), Inc. entered into
collaboration with Jiangsu Qyun Bio-Pharmaceutical Co. Ltd. to develop CTLA-4 antibody.
Moreover, in 2016, CBI acquired PreClinOmics, Inc., an in Vivo preclinical company, which
specializes in early research in cardiovascular and metabolic disease and in 2016 CBI
introduced six new recombinant cell lines GITR, ICOS, CD137, CTLA-4, OX40, and RANK
immune checkpoints and receptors for biological studies, drug discovery, and development.
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REPORT DESCRIPTION
In 2012, ProSpec-Tany Technogene Ltd. and LifeMap Sciences, Inc.—a wholly owned
subsidiary of BioTime, Inc.—announced definitive agreement to offer 1,000 recombinant
proteins and antibodies, to be used for stem cell research, drug discovery, and development
biology. In 2014, BPS Bioscience, Inc. announced the introduction of 13 different mutant
EZH2 complexes and two new assay kits for screening inhibitors of mutant EZH2.
Key players in the company are focusing on expanding their geographic presence, in order to
enhance their market share. For instance, in 2016, Sigma Aldrich Company Ltd. established
nine new M Lab Collaboration Centers in Asia, North America, Europe, and Latin America for
its life science business. The centers are expected to boost growth of its recombinant
protein business. Manufacturers participate in international and national conferences to
promote their products. For instance, in 2014, Novoprotein Scientific, participated in AAPS
National Biotechnology Conference, which was dedicated to recent developments of protein
recombinants worldwide.
Browse 39 Market Data Tables and 40 Figures spread through 151 Pages and in-depth TOC on
Recombinant Protein Market by Product Type (Hormones, Growth Factors, Cytokines, Plasma
Protein Factor, Recombinant Metabolic Enzymes, Immune Checkpoint Regulators, and Others), By
Application (Drug Discovery & Development, Biopharmaceutical Production, Basic Research, and
Others), By End User (Biopharmaceutical Companies, Academic & Research Institutes, Contract
Research Organizations, and Others), and Region (North America, Latin America, Europe, Asia
Pacific, the Middle East, and, Africa) - Global Forecast to 2025
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REPORT DESCRIPTION
Key Takeaways of the Recombinant Protein Market:
• The global recombinant protein market is expected to exhibit a CAGR of 2% over the forecast
period (2017–2025), owing to product launches by manufacturers such as BioVision, Inc., and
HumanZyme, Inc.
• Growth of the recombinant protein market is driven by strong demand for applications such as
drug discovery & development and basic research
• Hormones segment is expected to exhibit high growth over the forecast period, owing to
applications in research and development of therapies for various metabolic disorders such as
diabetes and others
• Asia Pacific region is expected to exhibit strong growth over the forecast period, due to
activities such as research, and collaborations in the region. For instance, Amgen, Inc.
collaborated with Simcere Pharmaceutical Group, a China-based company, to develop four
biosimilars for the Chinese market in 2017.
• Major players operating in the global recombinant protein market include Crown Bioscience,
Inc., ProSpec Tany TechnoGene, Ltd., BPS Bioscience, Inc., Sigma Aldrich Company Ltd.,
Novoprotein Scientific, PeproTech, Inc., Feldan Bio, Inc., BioVision, Inc., HumanZyme, Inc., and
GenScript Biotech Corporation
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The global recombinant protein market by Product Type (Hormones, Growth Factors, Cytokines, Plasma Protein Factor, Recombinant Metabolic Enzymes, Immune Checkpoint Regulators, and Others), By Application (Drug Discovery & Development, Biopharmaceutical Production, Basic Research, and Others), By End User (Biopharmaceutical Companies, Academic & Research Institutes, Contract Research Organizations, and Others), and Region (North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa) was valued at US$ 347.2 million in 2016 and is projected to exhibit a CAGR of 6.2% over the forecast period (2017–2025), as highlighted in a new report published by Coherent Market Insights. Availability of wide number of innovative recombinant proteins from various sources such as human and animal, lack of suitable alternative for basic protein related therapies research, and increasing demand for biopharmaceutical products is expected to fuel growth of the recombinant protein market.