Noida, UP -- (SBWire) -- 02/01/2011 -- According to our new research report “Global Protein Therapeutics Market Analysis”, protein therapeutics market has been growing at the fast pace for the past few years globally. Key segments in protein therapeutics are playing an important role in the global healthcare industry and in key fields of medicine. Key factors acting as growth drivers for the market are easier regulatory approvals for therapeutic products, lower threat from generic erosion, and favorable pricing environment. It was estimated that the global protein therapeutics market in 2010 stood at around US$ 95 Billion, which was a growth of 9% from previous year.
Our report has found that Human Growth Hormone (HGH) market forms an important part of the global protein therapeutics market.
Currently, the market is characterized by a small number of key players, however the future growth prospects are attractive.
Significant increase in the number of approved indications and rising generic competition helped global HGH market to be worth US$ 3.11 Billion in 2010 and the market will further grow in a fairly good manner.
The report “Global Protein Therapeutics Market Analysis”, provides a prudent analysis and extensive research of the global protein therapeutics market. It covers all the important aspects of the market and analyzes current developments and trends in segments such as, Monoclonal antibody, Insulin, Interferon Beta, G-CSF, Coagulation factors, Erythropoietin, Human growth hormone, Blood clotting factor, and Follicle stimulating hormone. The report also highlights emerging trends of the global protein therapeutics industry that are likely to impact the market development in future.
The report is an outcome of an in-depth research and rational analysis of the global protein therapeutics industry. The usage of effective methods and techniques for future projection makes the outlook more realistic and better. The report provides the description and recent developments of key active market players of the industry. Overall, the report is likely to facilitate decision making of clients by providing them effective analysis and reliable data.
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About RNCOS
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.
HGH to Back Global Protein Therapeutics Market
Backed by innovation and favorable pricing environment, the global protein therapeutics market was expected to be worth US$ 95 Billion in 2010, RNCOS acknowledged.