Protein Inhibitors Global Market Report 2021: COVID-19 Growth And Change

The Business Research Company’s Protein Inhibitors Global Market Report 2021: COVID-19 Growth And Change

LONDON, GREATER LONDON, UK, October 11, 2021 /EINPresswire.com/ -- According to the new market research report ‘Protein Inhibitors Global Market Report 2021: COVID-19 Growth And Change’ published by The Business Research Company, the protein inhibitors market is expected to grow from $56.97 billion in 2020 to $62.54 billion in 2021 at a compound annual growth rate (CAGR) of 9.8%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $88.74 billion in 2025 at a CAGR of 9%. The increasing prevalence of chronic diseases is predicted to contribute to the growth of the protein inhibitors market over the forecast period.

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The protein inhibitors market consists of sales of protein inhibitors by entities (organizations, sole traders, and partnerships) that are engaged in the manufacturing of protein inhibitors. Protein synthesis inhibitors stop the development of cells by disrupting the process leading to the generation of new proteins. Protein inhibitors is a pharmaceutical drug that acts on the proteins (special target) in the body and finds applications in the treatment of various diseases such as cancer, autoimmune diseases, infectious diseases, and others.

Trends In The Global Protein Inhibitors Market
Companies in the protein inhibitors market are increasingly investing in various strategic initiatives such as partnerships and collaborations to develop new drugs to meet the market demand. Strategic collaborations and partnership agreements help companies to expand their existing product portfolio and geographical presence. For instance, in February 2020, Catalent, Inc., a USA-based provider of delivery technologies, drug manufacturing, gene therapies, biologics, and consumer healthcare products announced the partnership agreement with Zumutor Biologics Inc., an immune-oncology company based in the USA to manufacture ZM008, a monoclonal antibody targeting solid tumors. Moreover, in July 2018, Anima Biotech, a USA-based biotechnology company announced a partnership agreement with Eli Lilly and Company, a USA-based pharmaceutical company for the development and discovery of translation inhibitors of several protein targets using Anima Biotech's translation control therapeutics platform.

Global Protein Inhibitors Market Segments:
The global protein inhibitors market is further segmented:
By Product: Protein Kinase Inhibitors, Monoclonal Antibody, Others
By Application: Oncology, Inflammatory Diseases, Others
By Distribution Channel: Hospital Pharmacies, Independent Pharmacies, Online Pharmacies
By Geography: The global protein inhibitors market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Read More On The Report For The Global Protein Inhibitors Market At:
https://www.thebusinessresearchcompany.com/report/protein-inhibitors-global-market-report-2020-30-covid-19-growth-and-change

Protein Inhibitors Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides protein inhibitors global market overviews, analyzes and forecasts market size and growth for the global protein inhibitors market, protein inhibitors market share, protein inhibitors market players, protein inhibitors market segments and geographies, protein inhibitors market’s leading competitors’ revenues, profiles and market shares. The protein inhibitors market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Read Protein Inhibitors Global Market Report 2021 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries

Protein Inhibitors Market Organizations Covered: Bayer AG, Astra Zeneca, Roche, Teva, Apotex, Novartis, Glaxosmithkline, Pfizer, Boehringer Ingelheim, F. Hoffmann-La Roche, Abbott Laboratories, Amgen Inc., Baxter International Inc., Merck & Co. Inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

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