U.S. Recombinant Proteins Manufacturing Services Market
The U.S. Recombinant Proteins Manufacturing Services Market is projected to experience significant growth in the coming years due to the increasing demand for biopharmaceuticals and advancements in the field of recombinant protein technology. The market is expected to be driven by the rising prevalence of chronic diseases, growing investments in research and development activities, and the expansion of biopharmaceutical companies in the country.
Largest Region
North America
38% Market Share in 2023
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Two primary growth drivers for the U.S. Recombinant Proteins Manufacturing Services Market include the increasing adoption of personalized medicine and the rising focus on developing novel biologics for therapeutic purposes. Additionally, the growing trend of outsourcing manufacturing services by biopharmaceutical companies is also expected to fuel market growth.
Report Coverage & Deliverables
Historical Statistics Growth Forecasts Latest Trends & Innovations Market Segmentation Regional Opportunities Competitive Landscape
Segment Analysis:
The U.S. Recombinant Proteins Manufacturing Services Market can be segmented based on type of protein (monoclonal antibodies, cytokines, growth factors, insulin, and others), expression system (mammalian cells, bacterial cells, yeast, and others), and end user (biopharmaceutical companies, academic and research institutes, and others). The market is witnessing significant growth in all these segments, with monoclonal antibodies holding a dominant position due to their wide application in therapeutics.
Competitive Landscape:
The U.S. Recombinant Proteins Manufacturing Services Market is highly competitive with the presence of several key players such as Thermo Fisher Scientific Inc., Lonza Group Ltd., Sigma-Aldrich Corporation, and Boehringer Ingelheim Group. These companies are focusing on strategic collaborations, partnerships, and acquisitions to strengthen their market presence and expand their product offerings. Additionally, the market is witnessing a surge in the number of small and mid-sized companies offering specialized manufacturing services, further intensifying the competition in the market.
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