Medical science, one of the most important sectors has been seeing tremendous growth courtesy of latest inventions and supreme quality of education. The demand for new type of treatments has gone up, especially to make treatments more effective and affordable at the same time. The targeted protein degradation has been successfully carving niche for itself. By using proteins several diseases are being effectively treatment with minimum or no side effects. This process of targeted protein degradation is done by using PROTAC molecules to complete knocking down of target protein located inside the human cells. This is driving the growth of the targeted protein degradation market.
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The graph of growth of the targeted protein degradation market went up in the times of coronavirus pandemic. Unlike other industries, this market saw massive growth as new types of remedies and treatments were sought as vaccine for the dreadful disease wasn’t available.
Meanwhile, many regulatory bodies are yet to grant authorisation to the targeted protein degradation and this is proving hindrance to the growth of the targeted protein degradation market. On the other hand, the targeted protein degradation market is forecasted to witness rapid growth over the period of next few years. Lower side effects compared to conventional treatments and therapies will help this market grow rampantly.
In terms of CAGR, the global targeted protein degradation market is expected to reach 9.6% over the forecast period (2022 – 2030).
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By Offering, Active Degraders Segment is accounts for highest market share of The Targeted Protein Degradation Market in 2022
This segment generates maximum amount of revenue for this market as active degraders are made up of binding moieties for target protein together with E3 ubiquitin ligase through a linker and is highly effective.
Europe Region accounts for second highest growth for this market and continue to grow at the fastest rate Over the Forecast Period (2022 – 2030) in the Targeted Protein Degradation Market
The country of Europe dominates in terms of market share courtesy of developed countries like Germany, England, France and Italy. The healthcare sector in the region is at peak owing to presence of top pharma and medical research companies, and this is why the targeted protein degradation market.
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A few of the key players operating in the global targeted protein degradation market are listed below:
- Almac Group
- Amgen Inc.
- Bayer AG
- C4 Therapeutics
- Captor Therapeutics
- Genentech, Inc.
- GlaxoSmithKline plc.
- KYMERA THERAPEUTICS
- Promega Corporation
- Other Market Participants
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Global Targeted Protein Degradation Market Segmentation
The global targeted protein degradation market has been segmented by offering, potential targets, type of diseases which are further classified into respective countries:
Global Targeted Protein Degradation Market Offering Outlook (Revenue, USD Million, 2015 - 2030)
- Active Degraders (PROTACs)
- LYTAC (Lysosome Targeting Chimera) Technology
- Autophagosome-tethering Compound (ATTEC)
- Autphagy-targeting Chimera (AUTAC) System
- TAG Degradation Platform (aTAG, dTAG)
- Degrader Building Blocks
- Ubiquitin Proteasome System Proteins and Assays
- Assays for Protein Degradation
- Custom Degrader Services
- SARDs and SERDs
Global Targeted Protein Degradation Market Potential Targets Outlook (Revenue, USD Million, 2015 - 2030)
- Intracellular Proteins
- Extracellular Proteins; Transmembrane Proteins
- Intracellular Proteins; Damaged Organelles Associated with Specific Proteins
- Intracellular Proteins; Non-protein Autophagy Substrates
Global Targeted Protein Degradation Market Type of Diseases Outlook (Revenue, USD Million, 2015 - 2030)
- Breast Cancer
- Colorectal Cancer
- Prostate Cancer
- Alzheimer’s disease
- Liver Fibrosis
- Parkinson’s disease
- Rheumatoid Arthritis
- Autoimmune Diseases
Global Targeted Protein Degradation Market Regional Outlook (Revenue, USD Million, 2015 - 2030)
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
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