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Stock impact report

Recombinant Proteins Market Size to Reach USD 5.0 Billion by 2032, at a CAGR of 7.6% - SNS Insider [Yahoo! Finance]

Bio-Rad Laboratories, Inc. Class A (BIO) 
Last bio-rad laboratories, inc. class a earnings: 2/13 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Pune, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Recombinant Proteins Market Size & Growth Analysis: According to SNS Insider, the Size valued at USD 2.5 billion in 2023, is forecasted to reach USD 5.0 billion by 2032, expanding at an aggressive CAGR of 7.6% during the forecast period of 2024-2032. Market Snapshot The main factors behind the global market for recombinant proteins are increased demand for therapeutic proteins, advances in biotechnology, and rising R&D activities. This market is expanding based on the present requirements for effective treatments in fields such as oncology, immunology , and infectious diseases. The most important innovations on the supply side, such as more efficient production methods and new protein engineering technologies, make recombinant proteins more accessible and affordable. Another factor increasing the demand for protein-based therapies is due to the growing prevalence of chronic diseases and genetic disorders. The shifted focus towards person Show less Read more
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