Towards Healthcare
Protein Therapeutics Market Uplifts by 7.08% CAGR till 2034

Protein Therapeutics Market Trends, Share and Growth Analysis 2034

According to market projections, the protein therapeutics market sector is expected to grow from USD 375.3 billion in 2024 to USD 740.07 billion by 2034, reflecting a CAGR of 7.08%. The protein therapeutics market is expanding due to increasing diseases as well as rising therapeutic approaches. North America led the market due to the presence of well-developed industries.

Category: Therapeutic Area Insight Code: 5577 Format: PDF / PPT / Excel

Kesiya Chacko

Principal Consultant

Aditi Shivarkar

Reviewed By

Protein Therapeutics Market Size Growth and Regional Production Analysis

The global protein therapeutics market size is calculated at US$ 375.3 in 2024, grew to US$ 401.89 billion in 2025, and is projected to reach around US$ 740.07 billion by 2034. The market is expanding at a CAGR of 7.08% between 2025 and 2034.

Protein Therapeutics Market Size 2024 - 2034

Key Takeaways

  • North America dominated the global protein therapeutics market in 2024.
  • Asia Pacific is expected to be the fastest-growing during the forecast period.
  • By product type, the monoclonal antibodies segment dominated the market in 2024.
  • By product type, the insulin segment is estimated to grow significantly at a notable CAGR during the forecast period.
  • By application type, the metabolic disorders segment dominated the protein therapeutics market in 2024.
  • By application type, the immunological disorders segment is anticipated to grow significantly during the forecast period.

Key Metrics and Overview

Metric Details
Market Size in 2024 USD 375.3 Billion
Projected Market Size in 2034 USD 740.07 Billion
CAGR (2025 - 2034) 7.08%
Leading Region North America
Market Segmentation By Product, By Applications, By Region
Top Key Players

Daiichi Sankyo Company, Bayer AG, Abbott, Bristol-Myers Squibb, Genzyme Corporation (Sanofi), Sanofi, AbbVie, Inc., Thermo Fisher Scientific, Inc., Amicus Therapeutics, Leadiant Biosciences

Market Overview

The natural proteins recombinant types were the primary protein therapeutics. To maximize the clinical potential, followed by improvements by proteins or glycoengineering, Fc conjugation or fusion with polyethylene glycol was carried out to modify the proteins. Furthermore, antibody-based protein therapeutics are rising due to their effectiveness. The merging of scientific, technological, commercial, and clinical drivers can offer different approaches and address the rationale for the development of protein therapeutics with better safety, improved delivery, decreased immunogenicity, as well as improved efficacy. Moreover, new platform technologies as well as new engineered protein scaffolds are being developed to offer more advantages over antibody-based protein therapeutics.

  • In April 2025, an AI research consortium, OpenFold, which develops open-source software tools for drug discovery and biology, is collaborating with 8 new industries, which are Novo Nordisk, COGNANO, Lambda, Bristol Myers Squibb, Visterra, Tamarind Bio, Unnatural Products, and Structure Therapeutics. They will share their expertise for accelerating the drug discovery. For the development of open-source AI in molecular sciences, OpenFold is further expanding its collaborations with industry and academic leaders.
  • In April 2025, to develop new therapeutics for inflammatory diseases and cancer, Gilead Sciences is collaborating with Tentarix Biotherapeutics, which is a San Diego start-up. The contract stated an equity investment in Tentarix, giving rights to three programmes and subsidiaries, formed at approximately $80 million individually to Gilead, providing the value of $306 million to the deal.

AI Integration in the Protein Therapeutics Market

By integrating AI as well as machine learning with protein science can gain a whole understanding of cell and proteome homeostasis. Thus, by utilizing human knowledge in AI and machine learning, various protein structures can also be predicted. At the same time, processes such as protein adjustments, fitness, and self-organization can also be identified. Hence, various new protein therapeutics, protein networks, novel proteins, as well as artificial metabolic pathways, can be discovered and developed easily. Similarly, various models that predict the stability and interaction of proteins have also been developed. Furthermore, by identifying the lifestyle, genomic information, and medical history, personalized medication can be formulated. Thus, AI algorithms can further help in minimizing the cost and time associated with the development process.

Market Dynamics

Driver

Increasing Diseases

Due to rising population and lifestyle changes, the occurrences of various diseases are rising. Thus, different types of chronic disorders such as cancer, autoimmune disorders, hematological disorders, diabetes, rare diseases, etc., are rising in geriatric as well as in infants. This has increased the need for protein therapeutics as well as protein-based biologics and biosimilars. At the same time, the development of new protein treatment approaches that provide targeted and personalized medications is also rising. Furthermore, vaccines are also being developed for a variety of infections. Thus, this in turn promotes the protein therapeutics market growth.

Estimated Rates of Blood Cancer and Blood Disorders in Australia

The graph represents a comparison between the estimated rates of blood cancer and blood disorders in Australia in the year of 2022 and 2035. It indicates that there will be a rise in hematological disorders, which will lead to an increased demand for protein therapeutics as treatment options. Thus, this in turn will ultimately promote the market growth.

Restraint

Limited Stability

Protein denatures due to their sensitivity to heat, light, enzymatic degradation, as well as pH. This can lead to the aggregation or decrease in their effectiveness, or sometimes even become unsafe to use. Furthermore, due to short shelf life, they require cold temperatures, which can lead to problems during transportation or distribution. Thus, all these factors can decrease the stability of protein therapeutics, causing limited access.

Opportunity

Rising Rare Disease Therapeutics

Patients suffering from rare diseases show the absence or malfunctioning of proteins, enzymes, or genes. Thus, this increases the need for protein therapeutics. Personalized treatment options can be made available to patients by using protein therapeutics for formulating them. Furthermore, target-specific mechanisms can also be used to enhance the action and reduce the side effects of the treatments. Similarly, protein or enzyme replacement can be carried out using protein therapeutics. Thus, all these factors enhance the protein therapeutics market growth.

For instance,  

  • In April 2025, GLM101, developed by Glycomine for rare genetic disease has entered in phase 2 study with more than 20 patients across the U.S. and Europe. A 11.9-point improvement was observed in 9 adolescent and adult patients suffering from ataxia, which causes reduced muscle control as a symptom of PMM2-CDG, over 24 weeks.

Segmental Insights

Monoclonal Antibodies Segment Dominated

By product type, the monoclonal antibodies segment dominated the market in 2024. The monoclonal antibodies showed a wide range of applications in different diseases with increased specificity. This, in turn, improved the patient outcomes, and the approval rate increased, which contributed to the protein therapeutics market growth. 

Insulin Segment: Significantly Growing

By product type, the insulin segment is estimated to grow significantly at a notable CAGR during the forecast period. The use is rising due to the increasing diabetes patients. It provided longer blood sugar control, reducing the dose administration, resulting in an increased acceptance rate.

The Metabolic Disorders Segment Led in 2024

By application type, the metabolic disorders segment dominated the protein therapeutics market in 2024. The increased incidence of metabolic disorders caused an increased use of protein therapeutics. Due to their advantages, such as improved target specificity, safety, and efficacy increased their demand as well as increased the market growth.

Immunological Disorders Segment: Significantly Growing

By application type, the immunological disorders segment is anticipated to grow significantly during the forecast period. The protein therapeutics provide effective results in managing the rising immunological disorders. This, in turn, is growing their demand in the market.

Regional Insights

Protein Therapeutics Market NA, EU, APAC, LA, MEA Share, 2024 (%)

Well-developed Industries Drive North America

North America dominated the protein therapeutics market in 2024. North America consisted of well-established industries that focused on the development of new protein therapeutics. This was further supported by the government investments as well as technological advancements. Thus, all these factors contributed to the market growth.

The U.S. Protein Therapeutics Market Trends

Various industries in the U.S., as well as institutions, are developing new treatment strategies because of rising diseases. At the same time, there is a rise in the demand for protein therapeutics due to their enhanced effectiveness, which is also enhancing the manufacturing process.

The Canada Protein Therapeutics Market Trends

The rising demand for protein therapeutics has increased the manufacturing as well as the new development process. This, in turn, has increased the interest within the institutions, leading to new collaborations, which are supported by the government and private sectors.

Rising Population Boosts Asia Pacific

Asia Pacific is estimated to host the fastest-growing protein therapeutics market during the forecast period. In Asia Pacific, due to the rising population, the people infected with diseases is also rising. This is increasing the demand for new protein-based treatment options, which in turn, is promoting the market growth.

The China Protein Therapeutics Market Trends

Due to the large population in China, the occurrences of diseases are rising. This has increased the demand for new protein therapeutics for the effective management of these diseases. Furthermore, the advanced technologies and the government support are raising the production rates.

The India Protein Therapeutics Market Trends

The incidence of various diseases in the growing population has increased the need for protein-based treatments. Thus, the industries as well as hospitals are developing and adapting to such new strategies. Furthermore, the government is also supporting them to make these treatments affordable.

Europe Driven by Increasing Research

Europe is expected to grow significantly in the protein therapeutics market during the forecast period. Europe is experiencing an increased interest in research conducted by both industries and institutions in protein therapeutics. This, in turn, is increasing the protein-based treatment options for various diseases. Thus, the government and regulatory agencies are also supporting it, which promotes the market growth.

The Germany Protein Therapeutics Market Trends

Germany consists of a large number of industries as well as institutions that are focusing on the research of new protein-based treatment approaches. Different types of research are being conducted to develop treatments that can be used for various disorders. Furthermore, this is also increasing the collaborations between the industries as well as institutions.

The UK Protein Therapeutics Market Trends

For the development of personalized medications, various research is being conducted in the industries and institutions in the UK. These are further supported by the funding provided by the government as well as by regulatory agencies during the approval process.

Top Companies in the Protein Therapeutics Market

Protein Therapeutics Market Companies

Latest Announcements by Industry Leaders

  • In April 2025, a professor at the University of Toronto, CIFAR AI Chair at the Vector Institute, and Chief AI Scientist at University Health Network, Canada’s largest research hospital system, Dr. Bo Wang stated that, extraordinary insights in biology are discovered by using Artificial intelligence but the real challenge is converting them into treatments. He further stated, he is thrilled to join Xaira to link therapeutic innovation with machine learning, converting AI’s promise into life-changing medicines.
  • In March 2025, Assistant Professor at DTU Bioengineering and co-first author, Konstantinos Kalogeropoulos, stated that to significantly improve the understanding of complex cases, such as the presence of unknown proteins, or cases where the organism involved is unknown, their model could be used. He further stated, the improved identification, cancer immunology, and personalized medicine can be developed utilizing this model, which gives promising results in biomedicine.

Recent Developments in the Protein Therapeutics Market

  • In April 2025, the Founder, CEO, and President, Chris Bahl, will be taking the lead in speaking at the prestigious TED conference in Vancouver, Canada, which was announced by a Boston-based biotech company, AI Proteins. The revolutionary work in designing and developing the next generation of miniprotein therapeutics for a variety of diseases will be his main focus at the conference.
  • In April 2025, the bioequivalence and oral delivery of RT-114, a GLP-1/GLP-2 GLP-2 dual agonist (PG-102), which is delivered orally using the RaniPill® capsule, developed by Rani Therapeutics, announced successful preclinical data demonstration.

Segments Covered in the Report

By Product

  • Monoclonal Antibodies
  • Insulin
  • Fusion Protein
  • Erythropoietin
  • Interferon
  • Human Growth Hormone
  • Follicle Stimulating Hormone

By Applications

  • Metabolic Disorders
  • Immunologic Disorders
  • Hematological Disorders
  • Cancer
  • Hormonal Disorders 
  • Genetic Disorders

By Region

  • North America   
    • U.S. 
    • Canada
  • Asia Pacific 
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
  • Last Updated: 25 April 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Kesiya Chacko is a healthcare market research expert with 4+ years of experience, specializing in analyzing industry trends, assessing market opportunities, and providing actionable insights for businesses in healthcare sectors.

Learn more about Kesiya Chacko

Aditi Shivarkar, with over 14 years of experience in consumer goods, leads research at Towards Consumer Goods, ensuring precise, actionable insights on trends, consumer preferences, and sustainable packaging for businesses.

Learn more about Aditi Shivarkar

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FAQ's

Increasing diseases drive the protein therapeutics market.

Asia Pacific is the fastest-growing market because of the rising population.

Ministry of Health and Family Welfare, Government of India, National Institutes of Health, FDA, WHO, PIB, CDC.