Global Targeted Protein Degradation Market Size & Outlook
The targeted protein degradation industry worldwide is expected to reach a projected revenue of US$ 1,685.3 million by 2030. A compound annual growth rate of 20.8% is expected of the worldwide targeted protein degradation industry from 2025 to 2030.
Revenue, 2024 (US$M)
$544.4
Forecast, 2030 (US$M)
$1,685.3
CAGR, 2025 - 2030
20.8%
Report Coverage
Worldwide
Global targeted protein degradation market, 2018-2030 (US$M)
Related Markets
Global targeted protein degradation market highlights
- The global targeted protein degradation market generated a revenue of USD 544.4 million in 2024 and is expected to reach USD 1,685.3 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 20.8% by 2030.
- In terms of segment, protac accounted for a revenue of USD 312.8 million in 2024.
- Molecular Glues is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, Canada is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 544.4 million |
| Market revenue in 2030 | USD 1,685.3 million |
| Growth rate | 20.8% (CAGR from 2025 to 2030) |
| Largest segment | Protac |
| Fastest growing segment | Molecular Glues |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PROTAC, Molecular Glues, LYTACs |
Other key industry trends
- In terms of revenue, the North America accounted for 44.1% of the global targeted protein degradation market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 42.5 million by 2030.
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Targeted Protein Degradation Market Scope
Targeted protein degradation market segmentation & scope
Others
Targeted Protein Degradation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global targeted protein degradation market size, by regions, 2018-2030 (US$M)
Top 10 countries: Targeted protein degradation market size, 2024 (US$M)
Global targeted protein degradation market share, by type, 2024 & 2030 (%, US$M)
Targeted protein degradation market: Opportunity assessment by country
Global targeted protein degradation market, by region, 2024 (US$M)
Related regional statistics
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