Global Targeted Protein Degradation Market Size & Outlook
The targeted protein degradation industry worldwide is expected to reach a projected revenue of US$ 1,685,328.5 million by 2030. A compound annual growth rate of 20.7% is expected of the worldwide targeted protein degradation industry from 2024 to 2030.
Revenue, 2023 (US$M)
$452,800.0
Forecast, 2030 (US$M)
$1,685,328.5
CAGR, 2024 - 2030
20.7%
Report Coverage
Worldwide
Global targeted protein degradation market, 2018-2030 (US$M)
Global targeted protein degradation market highlights
- The global targeted protein degradation market generated a revenue of USD 452,800.0 million in 2023 and is expected to reach USD 1,685,328.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 20.7% by 2030.
- In terms of segment, protac accounted for a revenue of USD 452,800.0 million in 2023.
- PROTAC 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 2023.
Global data book summary
| Market revenue in 2023 | USD 452,800.0 million |
| Market revenue in 2030 | USD 1,685,328.5 million |
| Growth rate | 20.7% (CAGR from 2023 to 2030) |
| Largest segment | Protac |
| Fastest growing segment | PROTAC |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PROTAC |
Other key industry trends
- In terms of revenue, the North America accounted for 40.3% of the global targeted protein degradation market in 2023.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Targeted Protein Degradation Market Scope
Targeted protein degradation market segmentation & scope
Application
Drug Discovery
Therapy Development
Cancer
Neurology
Infectious Diseases
Cardiovascular Diseases
Others
End Use
Pharmaceutical & Biotechnology Companies
Hospitals & Clinical Laboratories
Academic & Research Institutes
Other End-use
Countries
U.S.
Canada
Mexico
Denmark
France
Germany
Italy
Spain
Sweden
UK
Norway
Brazil
Argentina
Australia
China
India
Japan
South Korea
Thailand
UAE
South Africa
Saudi Arabia
Kuwait
Targeted Protein Degradation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global targeted protein degradation market size, by regions, 2018-2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
