Recombinant Proteins Market Size : Industry Insights, Major Key Players and Current Trends Analysis
The global recombinant proteins market is projected to reach USD 1.7billion by 2031 from USD 1.0billion in 2022, at a CAGR of 9.8% during the forecast period. The market growth is primarily driven by factors such as increasing government investments and R&D expenditure in pharmaceutical & biotechnology companies, growing industryacademia collaborations, and the patent expiry of biologic products. Emerging markets in Asian countries and the rising focus on personalized medicine & protein therapeutics are other factors expected to offer strong growth opportunities for players in the recombinant proteins market. In…
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