Protein Therapeutics Market - Forecast(2021 - 2026)
Protein therapeutics is artificially synthesized protein which is used in treatment of chronic diseases such as cancer, diabetes and CVD. It is manufactured on large scale through genetically modified host cells. Globally, development of novel and efficient drugs, rising incidences of chronic disorders such as cardiovascular , cancer, diabetes, and others, rise in the awareness among people regarding protein therapeutics, increasing focus on research and development process, growing number of medical insurance services, and advantages of protein based drugs such as, minimal side effects results in high acceptance levels are the prime growth drivers of protein therapeutics market. In addition, increase in adoption of protein therapeutics in emerging economies such as China, India and others, will create new opportunities for protein therapeutics market. However, higher cost of the research and development, and complex government approval processes are the key restraints for p...