A new report into the bioengineered protein drugs market from industry analyst Fact.MR suggests that the sector could grow at a compound annual growth rate (CAGR) of 8.4% over the period from 2020 to 2025.
The report finds that oncology remains the most significant target market for companies in the bioengineered protein drugs market, with adoption forecast to grow by 7% during this period.
A subject matter expert at Fact.MR said: “The healthcare industry is experiencing a shift from curative care towards preventive care, which is projected to create more sales prospects for bioengineered protein vaccines over therapeutic proteins.”
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