Global Targeted Protein Degradation Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Degronimids, IMiDs, PROTACs, SARDs, SERDs, and Specific BET & DUB Inhibitors.

By Therapeutic Area;

Inflammatory Disorders, Neurological Disorders, , Oncological Disorders, Respiratory Disorders, and Other Therapeutic Areas.

By Route of Administration;

Oral, Intravenous, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn082493835 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Targeted Protein Degradation Market (USD Million), 2021 - 2031

In the year 2024, the Global Targeted Protein Degradation Market was valued at USD 143.20 million. The size of this market is expected to increase to USD 288.16 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.5%.

The global targeted protein degradation (TPD) market has emerged as a revolutionary field in biopharmaceutical research, offering innovative solutions to treat diseases by selectively eliminating disease-causing proteins. Unlike traditional small molecule drugs that inhibit protein function, TPD technologies, such as proteolysis-targeting chimeras (PROTACs) and molecular glues, recruit the cellular ubiquitin-proteasome system to degrade specific proteins. This mechanism has garnered significant interest due to its ability to target previously "undruggable" proteins, paving the way for novel therapeutic approaches in oncology, neurodegenerative disorders, and autoimmune diseases.

Driven by advancements in molecular biology, chemical biology, and drug discovery platforms, the TPD market has witnessed rapid growth over recent years. Key players in the pharmaceutical and biotechnology sectors are increasingly investing in research and development, collaborations, and clinical trials to harness the full potential of TPD technologies. The unique ability of TPD to address challenging therapeutic targets has led to the development of first-in-class treatments, underscoring its transformative impact on precision medicine.

The growing prevalence of chronic and rare diseases, coupled with unmet medical needs, is fueling demand for targeted therapies, including TPD-based solutions. Additionally, strategic partnerships among academic institutions, biotech companies, and pharmaceutical giants are accelerating innovation and commercialization. As the regulatory landscape evolves to support these novel modalities, the global TPD market is poised for exponential growth, promising breakthroughs in personalized healthcare and improved patient outcomes.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Therapeutic Area
    3. Market Snapshot, By Route of Administration
    4. Market Snapshot, By Region
  4. Global Targeted Protein Degradation Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising prevalence of chronic and rare diseases
        2. Advancements in molecular and chemical biology technologies
        3. Increasing investments in R&D by pharmaceutical companies
        4. Expanding applications in oncology and precision medicine
      2. Restraints
        1. High costs associated with TPD research and development
        2. Limited availability of skilled professionals and infrastructure
        3. Challenges in targeting complex protein interactions
        4. Regulatory hurdles and stringent approval processes
      3. Opportunities
        1. Development of therapies for undruggable targets
        2. Growing strategic collaborations and partnerships
        3. Expansion into emerging markets with rising healthcare needs
        4. Adoption of artificial intelligence for drug discovery
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bragaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Industry Rivalry
  5. Market Segmentation
    1. Global Targeted Protein Degradation Market, By Type, 2021 - 2031 (USD Million)
      1. Degronimids
      2. IMiDs
      3. PROTACs
      4. SARDs
      5. SERDs
      6. Specific BET & DUB Inhibitors
    2. Global Targeted Protein Degradation Market, By Therapeutic Area, 2021 - 2031 (USD Million)
      1. Inflammatory Disorders
      2. Neurological Disorders
      3. Oncological Disorders
      4. Respiratory Disorders
      5. Other Therapeutic Areas
    3. Global Targeted Protein Degradation Market, By Route of Administration, cu.;rrent_year-4 - 2031 (USD Million)
      1. Oral
      2. Intravenous
      3. Others
    4. Global Targeted Protein Degradation Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Bayer AG
      2. Bio-Techne
      3. BOC Sciences
      4. BPS Bioscience, Inc.
      5. BroadPharm
      6. LifeSensors Inc.
      7. MedChemExpress.
      8. Merck KGaA
      9. Promega Corporation
      10. Thermo Fisher Scientific, Inc.
  7. Analyst Views
  8. Future Outlook of the Market