Therapeutic Proteins for Cardiovascular Disorders Treatment Market: Introduction
- Human proteins obtained through genetic engineering play a vital role in therapeutic medicines market. Therapeutic proteins are crucial for maintaining a healthy lifestyle and to alleviate chronic diseases. They are required for people whose bodies cannot produce or break down some essential proteins naturally.
- Protein therapeutics are similar to gene therapy, and involve specific amounts of protein delivery to the body to help in accurate functioning of different glands and other organs in the body
- Protein therapeutics play an essential role in the treatment of a wide range of cardiovascular disorders such as heart failure, myocardial infarction, arrhythmias, coronary artery disease, and ischemic heart disease
Key Drivers of Global Therapeutic Proteins for Cardiovascular Disorders Treatment Market
Rise in Incidence of Cardiovascular Diseases
- The therapeutic proteins for cardiovascular disorders treatment market is being driven by increase in incidence of cardiovascular diseases. For instance, as per the American Heart Association (AHA), in 2016, cardiovascular disease was the primary cause of death globally, with more than 17.6 million deaths, this is further expected to grow up to approximately 23.6 million by 2030. Such instances drive the demand for the global therapeutic proteins for cardiovascular disorders treatment.
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Lower Risk of Side Effects by Using Biologics and Therapeutic Proteins
- Risk of side effects by using biologic drugs is lower as compared to other forms of pharmaceutical drugs. This factor combined with increase in awareness regarding the benefits of therapeutic proteins for cardiovascular disorders treatment drives the market.
- Besides, biologics and therapeutic proteins have better bioavailability, low toxicity, and they offer better efficacy in target disease treatment which further augments their adoption
Development of Plasma Derived Therapies
- Therapeutic proteins for cardiovascular disorders treatment is being driven by development of plasma derived therapies. Plasma derived therapies are used for replacing deficient proteins. This replacement helps increase the health and productivity among individuals. Plasma derived therapies are used to treat various conditions including a variety of cardiovascular disorders. Since these therapies use therapeutic proteins for treatment, it has increased the demand for the therapeutic proteins for cardiovascular disorders market.
Advances in Life Sciences Industry Leading to Introduction of Novel Therapeutic Proteins
- Advancements in life sciences research & development and new technologies in production process for biologics and therapeutic proteins are likely to support in discovery of novel therapeutic proteins. Parallel expansion in knowledge and database regarding various cardiovascular diseases, their pathology and causes is likely to augment the development of new therapeutic proteins for cardiovascular disorders treatment.
North America to Dominate Global Therapeutic Proteins for Cardiovascular Disorders Treatment Market
- North America accounted for the majority of the share of the global therapeutic proteins for cardiovascular disorders treatment market. The major share can be attributed to technological advancements in health care, increase in investment in research & development, high incidence of cardiovascular diseases, and rise in awareness about protein therapeutic treatments among the population.
- In North America, growing success rate of biologics drugs and protein therapeutics and their high demand have resulted in large capital investment for the expansion of commercial biologics manufacturing capacities by top pharmaceutical companies
- Asia Pacific is expected to be the fastest growing region during the forecast period due to the large population in China and India, high incidence of cardiovascular disorders, increase in awareness about biologic drugs and protein therapeutic treatments, and rise in investments in research & development toward development of biologic treatments including therapeutic proteins.
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Key Players Operating in Global Market
- The global therapeutic proteins for cardiovascular disorders treatment market is concentrated with few players contributing to majority of the market share in global therapeutic proteins for cardiovascular disorders treatment
- Demand for therapeutic proteins for cardiovascular disorders treatment has increased in both emerging and developed markets. This has resulted in a surge in number of distributors and suppliers in emerging markets. Some of the key players operating in the global market are:
- Johnson & Johnson
- Eli Lilly & Company
- Roche Group
- Pfizer Inc.
- Bristol Myers Squibb
- Merck Sereno SA
- Amgen Inc.
Global Therapeutic Proteins for Cardiovascular Disorders Treatment Market- Research Scope
- The global therapeutic proteins for cardiovascular disorders treatment market can be segmented on the basis of type, mode of action, indications, and region
Global Therapeutic Proteins for Cardiovascular Disorders Treatment Market, by Type
- Monoclonal Antibodies
- Peptide Fragments
Global Therapeutic Proteins for Cardiovascular Disorders Treatment Market, by Mode of Action
- Interleukin Antagonists & Inhibitors
- Cytokine Antagonists & Inhibitors
- TNF-alpha Inhibitors
Global Therapeutic Proteins for Cardiovascular Disorders Treatment Market, by Indications
- Heart Failure
- Myocardial Infarction
- Coronary Artery Disease
- Ischemic Heart Disease
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.