Increased Prevalence of Chronic Diseases is likely to Drive PEGylated Proteins Market

The global PEGylated proteins market is likely to be driven by the rising incidences of chronic diseases. Innovative technologies of drug delivery comprise the main and important component of drug development, with both intellectual and commercial values.

PEGylation is an ideal example of a drug delivery system, which is of immense scientific and high value commercial significance. Such significance of the system is mainly due to the noticeable improvement mad in the circulatory half-lives of therapeutics, particularly for peptides and protein. It even works for small molecule pharmaceuticals. PEGylation system has been utilized for the purpose of improvement of therapeutic potency of proteins.

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Augmented Investment in Research and Development to Sustain Growth of the Market

The global PEGylated proteins market is primarily driven by the benefits offered by the product.  It offers benefits like increase in proteolytic protection, lower immunogenicity, reduced toxicity, and prolonged half-life. Rise in the uptake of PEGylated protein-based drugs owing to augmented circulating half-life and stability. This factor is estimated to propel growth of the global PEGylated proteins market in the years to come.

Rising investment in the research and development by the various pharmaceutical as well as biopharmaceutical companies is anticipated to work in favor of the global PEGylated proteins market in the years to come.

In addition to that, rising incidences of various types of chronic diseases, such as rheumatoid arthritis, kidney diseases, and cancer is likely to drive the demand for PEGylated proteins in the years to come. Increased preference of protein-based drugs over the non-protein ones due to the benefits offered by PEGylated proteins are also expected to influence the global PEGylated proteins market in the years to come.

Furthermore, increased awareness amongst the healthcare professionals and patients about the adverse effects of radiation therapy and chemotherapy is likely to shift the attention toward alternative solutions such as pegylated peptide-based drugs.

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PEGylated Proteins Market Driven by Use in Cancer Therapeutics

San Francisco, California, June 08, 2017: TMR Research announces a new report on the global PEGylated proteins market. The report presents a detailed review of the historical development trajectory exhibited by the global PEGylated proteins market along with reliable forecasts regarding the trajectory of the market in the coming years. Other relevant aspects of the global PEGylated proteins market, such as its competitive landscape and segmentation, are also assessed in the report, titled ‘PEGylated Proteins Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.’

PEGylated proteins are proteins bonded to polyethylene glycol, called PEG or macrogol. PEGylation of proteins has several applications, due to the versatility of polyethylene glycol. PEGylated proteins are more likely to successfully hide from the immune system of the host, leading to increased chances of success of the therapeutic. PEGylation also helps increase the hydrodynamic size of the target proteins, which increases their passage time and allows for longer action. Last but not least, PEGylation can impart water solubility to insoluble proteins.

The steady technological development in the pharmaceuticals industry has been vital for the global PEGylated proteins market. Advanced processes such as PEGylation have been made possible due to recent technological advancements and the global PEGylated proteins likely to benefit from the sustained private and public support to development of the healthcare sector in the coming years.

The global PEGylated proteins market has been driven by rising research in their potential application in cancer treatment. PEGylation helps cancer therapeutics remain bioactive for longer than conventional drugs due to the reduction in immunogenicity provided by the process. The PEGylated proteins market is likely to receive sustained from the cancer treatment sector in the coming years due to the promising results achieved by experiments involving the use of PEG for extending the action time of cancer therapeutics.

The rising preference to protein-based therapeutics over non-protein-based therapeutics, due to the higher stability provided by proteins, is an essential driver for the global PEGylated proteins market.

The global PEGylated proteins market is geographically segmented into North America, Europe, Asia Pacific, and Rest of the World. Of these, North America is likely to retain a dominant position in the market in the coming years due to the steady government support in the region to advancement of the healthcare sector. The high private investment in the healthcare sector in the U.S. is thus a key driver for the global PEGylated proteins market.

The report also sheds light on the competitive landscape of the global PEGylated proteins market by profiling the leading players operating in it. Key companies examined in the report include Merck Millipore, Thermo Fisher Scientific Inc., Biomatrik Inc., NOF Corporation, and Quanta BioDesign Ltd.