GLOBAL RECOMBINANT NON-GLYCOSYLATED PROTEINS MARKET IS SET TO WITNESS SUBSTANTIAL CAGR IN THE FORECAST PERIOD OF 2019- 2026. THE REPORT CONTAINS DATA OF THE BASE YEAR 2018 AND HISTORIC YEAR 2017. RISING PREVALENCE OF INFECTIOUS DISEASE AND TECHNOLOGICAL ADVANCEMENT IN HEALTHCARE INDUSTRY ARE FACTOR FOR THE GROWTH OF THIS MARKET.
The recombinant non-glycosylated proteins statistical surveying report offers a top to bottom investigation of the worldwide market size alongside the ongoing patterns and forthcoming assessments to explain the unavoidable speculation pockets. Information about key development drivers, imperatives, and openings and their effect assessment on the size is given. Watchman’s five powers assessment shows the productivity of purchasers and suppliers working inside the healthcare business. The quantitative examination of the worldwide business from 2020 to 2026 is given to decide the market potential. The recombinant non-glycosylated proteins report assesses key market highlights, along with revenue, charge, ability, capacity utilization rate, net, fabricating, creation rate, utilization, piece of the pie, CAGR, and gross edge.
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Few of the major competitors currently working in the global recombinant non-glycosylated proteins market are Sandoz International GmbH, Merck KGaA, CEVEC, Dr. Reddy’s Laboratories Ltd., Mylan N.V., Samsung BioLogics., Amgen Inc, Biocon, Celltrion Inc., Teva Pharmaceutical Industries Ltd., Pfizer Inc, EMD Serono, Inc., Genentech, Inc , WOCKHARDT., Stada Arzneimittel, ACROBiosystems, Mundipharma International among others.
Key Developments in the Market:
- In October 2018, The Mundipharma announced the acquisition of Cinfa Biotech so they can strengthen their position in the market. The main aim of the acquisition is to expand their biosimilar market and develop better biosimilar for the healthcare system. This acquisition will provide them access to Pelmeg which is a pegylated version of granulocyte-colony stimulating factor specially designed for the treatment of chemotherapy-induced neutropenia
- In February 2016, Sandoz announced that they have acquired the right and development of PF-06438179 from Pfizer. PF-06438179 is a biosimilar infliximab which is a tumor necrosis factor alpha (TNF-α) inhibitor which is specially designed for the treatment of different autoimmune diseases. The main aim of the acquisition is to provide high- quality biosimilars to the patients and this will strengthen their position in the market
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Segmentation: Global Recombinant Non-Glycosylated Proteins Market
- Recombinant Human Growth Hormone
- Granulocyte Colony-Stimulating Factor
- Chronic Diseases
- Autoimmune Diseases
- Blood Disorders
- Growth Hormone Deficiency
- Infectious Diseases
- Other Diseases
- North America
- South America
- Middle East and Africa
- Increasing incidences of chronic disease acts as a market driver
- Rising demand for biosimilar will also accelerate the market growth
- Growing aging population will also enhance the growth of this market
- Rapidly changing life style and increasing urbanization will also contribute as a factor for the growth of this market
- Complexity associated with the manufacturing of biosimilar will restrain the recombinant non-glycosylated proteins market
- High R&D cost will also hamper the market growth
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