Targeted Protein Degradation Market Size & Share Analysis - Growth, Trends, And Forecasts (2025 - 2030)

Targeted Protein Degradation Market Report by Type (Degronimids, Immunomodulatory Drugs (IMiDs), Proteolysis-Targeting Chimeric Molecules (PROTACs), Sudden Acquired Retinal Degeneration Syndrome (SARDs), Selective Estrogen Receptor Degraders (SERDs), and Others), Application (Drug Discovery and Therapeutics (Oncological, Neurological, Inflammatory, Respiratory, and Others), End-User (Pharmaceutical and Biotechnology Companies, Academic and Research Institutes, and Others), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The Report Offers the Value (in USD) for the Above-Mentioned Segments.

Targeted Protein Degradation Market Size & Share Analysis - Growth, Trends, And Forecasts (2025 - 2030)

Targeted Protein Degradation Market Size

Targeted Protein Degradation Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 0.65 Billion
Market Size (2030) USD 1.60 Billion
CAGR (2025 - 2030) 20.75 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Medium

Major Players

Targeted Protein Degradation Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Targeted Protein Degradation Market Analysis

The Targeted Protein Degradation Market size is estimated at USD 0.65 billion in 2025, and is expected to reach USD 1.60 billion by 2030, at a CAGR of 20.75% during the forecast period (2025-2030).

Targeted Protein Degradation Market Overview

The targeted protein degradation industry is undergoing a significant transformation, driven by advancements in technology and evolving healthcare requirements. The integration of artificial intelligence (AI) and machine learning (ML) into drug discovery processes has revolutionized the identification and development of protein degraders, enabling faster and more cost-efficient development cycles. Additionally, the growing adoption of precision medicine approaches has further accelerated the use of targeted protein degradation technologies, as healthcare providers increasingly prioritize personalized therapeutic solutions for addressing complex diseases.

Technological progress in proteomics and structural biology has greatly enhanced the understanding of protein degradation mechanisms. In March 2024, researchers from the University of Toronto and Sinai Health introduced an innovative platform to identify 'effector' proteins that regulate protein stability, marking a major breakthrough in the field. Similarly, the Max Planck Institute of Biochemistry made a groundbreaking discovery in May 2023, shedding light on cellular protein recycling mechanisms and providing new insights into protein degradation pathways. These advancements have facilitated the development of more advanced degrader molecules with improved specificity and minimized off-target effects.

The research landscape has evolved significantly, supported by the establishment of specialized research centers and collaborations between academic institutions and industry players. For instance, in December 2023, the Austrian Science Fund approved the continuation of its Special Research Program in Targeted Protein Degradation for a second four-year funding period, reflecting the increasing institutional commitment to this field. Furthermore, in January 2024, the German-Israeli Project Cooperation allocated EUR 1.655 million (USD 1.72 million) to advance research aimed at overcoming degradation-resistant cancers, highlighting the global and collaborative nature of efforts in this domain.

The regulatory environment and investment landscape continue to play a pivotal role in shaping market dynamics. Regulatory authorities have demonstrated a growing understanding of and support for innovative protein degradation approaches, streamlining approval processes for novel therapies. The investment climate remains robust, with substantial capital inflows driving research and development initiatives. For example, in May 2023, Cullgen, Inc. secured USD 40 million in funding to advance its proprietary ubiquitin-mediated, small-molecule-induced target elimination (uSMITE) technology platform for targeted protein degradation, showcasing sustained investor confidence in the sector. Additionally, the establishment of specialized regulatory frameworks for protein degradation therapeutics has provided clearer pathways for drug development and commercialization.

Targeted Protein Degradation Market Type Segment Analysis

PROTACs Segment in Targeted Protein Degradation Market

In 2024, Proteolysis-Targeting Chimeric Molecules (PROTACs) have established themselves as the leading segment in the targeted protein degradation market, holding approximately 35% of the market share. This leadership stems from PROTACs' distinctive bifunctional molecular design, which enables precise protein degradation through the ubiquitin-proteasome system. The segment's growth is further driven by significant research and development initiatives undertaken by major pharmaceutical companies and biotechnology firms. PROTACs have proven highly versatile in addressing previously "undruggable" proteins, particularly within oncology applications. The segment's advancement is also supported by promising clinical trial outcomes and strategic collaborations among key industry players. Furthermore, increasing investments in PROTAC-based drug development platforms and manufacturing infrastructure have reinforced its market dominance. A strong intellectual property portfolio and an expanding pipeline of drug candidates have further solidified PROTACs' position as a market leader.

Degronimids Segment in Targeted Protein Degradation Market

The Degronimids segment is set to lead the targeted protein degradation market with an impressive projected CAGR of 18% from 2025-2030. This surge can be attributed to Degronimids' innovative edge in protein degradation and their versatile therapeutic applications. Notably, Degronimids are being spotlighted for their heightened specificity and superior pharmacokinetics over conventional therapies. The segment's momentum is bolstered by a surge in research initiatives and strategic collaborations aimed at pioneering degronimid-centric therapeutics. Recent strides in degrader design and optimization have broadened the segment's application horizon. A growing number of clinical trials, especially in oncology and rare diseases, are delving into degronimid therapies, further propelling this growth. Additionally, the segment enjoys robust backing from venture capital and keen interest from the pharmaceutical sector, underscoring the push for next-gen protein degradation technologies.

Targeted Protein Degradation Market Application Segment Analysis

Oncological Segment in Targeted Protein Degradation Market

The oncological segment holds a leading position in the Targeted Protein Degradation Market, accounting for approximately 41% of the market share in 2024. This significant dominance is driven by the increasing adoption of targeted protein degradation technologies in cancer therapeutics and the expanding pipeline of oncology-focused drug candidates. The segment's leadership is further reinforced by successful clinical trials that have demonstrated the effectiveness of protein degraders in addressing various cancer types. Leading pharmaceutical companies are making substantial investments in oncological applications, particularly in the development of Proteolysis Targeting Chimeras (PROTACs) and molecular glue degraders, aimed at targeting cancer-related proteins previously considered "undruggable." Additionally, the segment benefits from favorable regulatory pathways for cancer treatments and the pressing need for innovative therapeutic solutions in oncology. The presence of well-established research networks and specialized clinical infrastructure dedicated to cancer research has also accelerated the development and commercialization of protein degradation-based therapies for cancer.

Targeted Protein Degradation Market

Neurological Segment in Targeted Protein Degradation Market

The neurological segment is set to be the fastest-growing in the Targeted Protein Degradation Market, with projections indicating a robust CAGR of 18% from 2025 to 2030. This surge is largely attributed to heightened research efforts on neurodegenerative diseases and the promise of protein degradation technologies in tackling previously untreatable neurological issues. Breakthroughs in targeting protein aggregates linked to Alzheimer's and Parkinson's diseases are propelling this segment's growth. Pharmaceutical firms, seeing the vast potential in neurodegenerative disorder treatments, are ramping up investments in neurological applications. Recent tech advancements have bolstered the ability of protein degraders to penetrate the blood-brain barrier, paving the way for novel neurological treatments. This segment's expansion is also buoyed by escalating healthcare spending on neurological disorders and a growing awareness of innovative treatment methods. Moreover, partnerships between research institutions and pharmaceutical companies are hastening the advancement of neurological applications in protein degradation therapy.

Targeted Protein Degradation Market Geography Segment Analysis

Targeted Protein Degradation Market in North America

North America dominates the targeted protein degradation market, holding approximately 44% market share in the global market in 2024. The region's leadership position is attributed to its advanced healthcare infrastructure and substantial investments in biotechnology research and development. The presence of major pharmaceutical companies and research institutions has created a robust ecosystem for innovation in protein degradation technologies. The region benefits from well-established regulatory frameworks, particularly through the FDA, which has streamlined approval processes for novel therapeutics. Strong intellectual property protection and access to venture capital funding have enabled continued research and commercialization efforts. Additionally, the high healthcare expenditure and growing emphasis on precision medicine have created favorable conditions for market expansion. The region's sophisticated clinical trial infrastructure and experienced research workforce have accelerated the development and validation of new targeted protein degradation therapies.

Targeted Protein Degradation Market

Targeted Protein Degradation Market in Europe

The European targeted protein degradation market has experienced consistent growth during the period 2025-2030 driven by extensive research and development (R&D) initiatives and a strong emphasis on innovative therapeutic solutions. The market dynamics in the region are influenced by its well-established healthcare infrastructure and collaborative research networks that span across multiple countries. Strategic partnerships between European academic institutions and biotechnology companies, particularly in Germany, France, and the United Kingdom, have significantly advanced protein degradation technologies. The presence of leading pharmaceutical companies and renowned research institutions has further accelerated innovation and technological progress. Additionally, the supportive regulatory framework provided by the European Medicines Agency (EMA) has facilitated the development and approval of novel therapies. Europe's focus on personalized medicine and targeted therapeutic approaches has created a conducive environment for market expansion. Moreover, substantial financial support from both public and private sectors has sustained ongoing R&D efforts in this field.

Targeted Protein Degradation Market in Asia-Pacific

The Asia-Pacific targeted protein degradation market is anticipated to grow at an impressive compound annual growth rate (CAGR) of approximately 21% during the forecast period of 2025-2030. This growth is driven by the region's rapidly advancing healthcare infrastructure and increasing investments in biotechnology research and development. Countries such as China, Japan, and India are emerging as prominent players in the targeted protein degradation space, supported by government-led initiatives aimed at fostering healthcare innovation. The large patient population, coupled with the rising prevalence of chronic diseases, presents substantial opportunities for market expansion. Local pharmaceutical companies are significantly enhancing their research and development capabilities, while international firms are establishing research centers across the region. Furthermore, the improving regulatory framework and growing acceptance of innovative therapeutic approaches are accelerating market growth. The region's cost-efficient research and development capabilities also make it a preferred destination for clinical trials and drug development activities.

Targeted Protein Degradation Market in Middle East and Africa

The Middle East and Africa targeted protein degradation market is positioned as a high-potential growth area, driven by increasing investments in the healthcare sector and a rising emphasis on advanced therapeutic solutions. Countries within the Gulf Cooperation Council (GCC) are spearheading regional market development through significant investments in healthcare infrastructure and the enhancement of research capabilities. The region is experiencing a surge in collaborations between local healthcare institutions and international research organizations. Growing awareness about healthcare and improved access to advanced treatments are fostering a favorable environment for market expansion. The establishment of dedicated research centers and biotechnology parks is attracting global companies while promoting innovation. Furthermore, government initiatives aimed at economic diversification and strengthening healthcare systems are accelerating market progress. The increasing focus on personalized medicine and targeted therapies is also unlocking new growth opportunities in the region.

Targeted Protein Degradation Market in South America

The South America targeted protein degradation market is witnessing steady progress, driven by a strategic focus on enhancing biotechnology capabilities. Countries such as Brazil and Argentina are at the forefront, benefiting from increased investments in healthcare infrastructure and research facilities. Academic institutions in the region are actively partnering with international research organizations to strengthen their expertise in protein degradation research. The market's expansion is supported by the rising prevalence of chronic diseases and growing awareness of targeted therapies. Additionally, healthcare reforms and improved access to advanced treatments are unlocking new growth opportunities. Local pharmaceutical companies are increasingly adopting protein degradation technologies, while international firms are exploring collaborative partnerships to tap into the market's potential. Furthermore, government-led initiatives aimed at promoting biotechnology research and development are playing a pivotal role in driving market growth.

Targeted Protein Degradation Industry Overview

Top Companies in Targeted Protein Degradation Market

The targeted protein degradation market is led by key players including Arvinas, Bio-Techne (Tocris Bioscience), BPS Bioscience, Inc., BroadPharm, LifeSensors Inc., MedChemExpress, Merck & Co. Inc., Promega Corporation, Reaction Biology, and Thermo Fisher Scientific Inc. These companies demonstrate consolidated trends in advancing their market positions through continuous product innovation, particularly in developing novel PROTAC platforms and molecular glue technologies. Operational agility is exhibited through flexible research and development approaches, allowing quick adaptation to emerging therapeutic opportunities in oncology and neurology. Strategic moves commonly involve establishing research partnerships with academic institutions and smaller biotech firms to accelerate drug development pipelines. Geographic expansion strategies focus on strengthening presence in emerging markets while maintaining strong footholds in established regions like North America and Europe.

Market Structure Shows Dynamic Competitive Environment

The targeted protein degradation market exhibits a unique competitive structure characterized by both global pharmaceutical conglomerates and specialized biotech firms. Large pharmaceutical companies leverage their extensive resources and established commercial infrastructure to advance multiple protein degradation programs simultaneously, while specialized biotech companies focus on developing proprietary technology platforms and novel therapeutic approaches. The market demonstrates moderate consolidation, with major players actively pursuing strategic acquisitions of innovative startups and early-stage companies to enhance their technological capabilities and expand their drug candidate portfolios.

The landscape is further shaped by increasing merger and acquisition activities, particularly targeting companies with promising protein degradation platforms or advanced clinical-stage assets. Collaborative agreements between large pharmaceutical companies and smaller biotech firms have become increasingly common, allowing for shared development risks and combined expertise. Regional players, especially in Asia-Pacific markets, are emerging as significant contributors through their focus on developing cost-effective manufacturing processes and establishing strong local research and development capabilities.

Innovation and Partnerships Drive Future Success

Success in the targeted protein degradation market increasingly depends on developing differentiated technological approaches and establishing strategic partnerships. Incumbent companies can strengthen their market position by investing in novel drug delivery systems, expanding their protein degrader libraries, and developing combination therapies that leverage existing oncology portfolios. Emerging players can gain ground by focusing on underserved therapeutic areas, developing innovative targeting mechanisms, and establishing partnerships with larger pharmaceutical companies for late-stage development and commercialization.

The market's future trajectory will be influenced by the ability to address high end-user concentration in specific therapeutic areas, particularly in oncology and neurology. Companies must navigate potential substitution risks from emerging therapeutic modalities while maintaining focus on developing products with improved efficacy and safety profiles. Regulatory considerations, particularly around novel protein degradation mechanisms, will require proactive engagement with authorities and robust clinical development strategies. Success will also depend on building strong intellectual property portfolios and maintaining cost-effective development programs while meeting increasing demands for pricing transparency and value demonstration.

Targeted Protein Degradation Market Leaders

  1. Arvinas

  2. BPS Bioscience, Inc.

  3. LifeSensors Inc.

  4. Promega Corporation

  5. Reaction Biology

  6. *Disclaimer: Major Players sorted in no particular order
Targeted Protein Degradation Market Concentration
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Targeted Protein Degradation Market News

  • December 2024: Novartis acquired a Phase 3-ready protein degrader for prostate cancer from Vividion Therapeutics. The protein degrader VVD-101 is designed to target the androgen receptor, a key driver of prostate cancer. Novartis aims to advance this compound into clinical trials as part of its efforts to develop innovative treatments for prostate cancer.
  • March 2024: C4 Therapeutics announced a strategic discovery research collaboration with Merck KGaA, Darmstadt, Germany. The partnership aims to target critical oncogenic proteins using C4T's Degronimid platform technology.
  • March 2024: Researchers at the University of Toronto and Sinai Health created an innovative platform to identify 'effector' proteins. These proteins can regulate the stability of other proteins and offer new opportunities for developing targeted therapies for diseases by utilizing protein interactions within cells.
  • August 2024: Arvinas announced the completion of a phase 2 clinical trial for its PROTAC-based therapy aimed at treating advanced prostate cancer, marking a significant milestone in its development pipeline.

Targeted Protein Degradation Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Cancer Incidence and Growing Applications of TPD in Oncology
    • 4.2.2 Rising Demand for Neurological Disorder Treatments
    • 4.2.3 Increase in Partnership, Funding, Patents, Publications and Clinical Trials Activity
  • 4.3 Market Restraints
    • 4.3.1 Complexity of Drug Development and Clinical Validation
    • 4.3.2 Scientific and Technological Challenges
  • 4.4 Porter's Five Force Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - USD)

  • 5.1 By Type
    • 5.1.1 Degronimids
    • 5.1.2 Immunomodulatory Drugs (IMiDs)
    • 5.1.3 Proteolysis-Targeting Chimeric Molecules (PROTACs)
    • 5.1.4 Sudden Acquired Retinal Degeneration Syndrome (SARDs)
    • 5.1.5 Selective Estrogen Receptor Degraders (SERDs)
    • 5.1.6 Others
  • 5.2 By Applications
    • 5.2.1 Drug Discovery
    • 5.2.2 Therapeutics
    • 5.2.2.1 Oncological
    • 5.2.2.2 Neurological
    • 5.2.2.3 Inflammatory
    • 5.2.2.4 Respiratory
    • 5.2.2.5 Others
  • 5.3 By End-User
    • 5.3.1 Pharmaceutical and Biotechnology Companies
    • 5.3.2 Academic and Research Institutes
    • 5.3.3 Others
  • 5.4 Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 France
    • 5.4.2.4 Italy
    • 5.4.2.5 Spain
    • 5.4.2.6 Rest of Europe
    • 5.4.3 Asia-Pacific
    • 5.4.3.1 China
    • 5.4.3.2 Japan
    • 5.4.3.3 India
    • 5.4.3.4 Australia
    • 5.4.3.5 South Korea
    • 5.4.3.6 Rest of Asia-Pacific
    • 5.4.4 Middle East and Africa
    • 5.4.4.1 GCC
    • 5.4.4.2 South Africa
    • 5.4.4.3 Rest of Middle East and Africa
    • 5.4.5 South America
    • 5.4.5.1 Brazil
    • 5.4.5.2 Argentina
    • 5.4.5.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Arvinas
    • 6.1.2 Bio-Techne (Tocris Bioscience)
    • 6.1.3 BPS Bioscience, Inc.
    • 6.1.4 BroadPharm
    • 6.1.5 LifeSensors Inc.
    • 6.1.6 MedChemExpress
    • 6.1.7 Merck & Co. Inc.
    • 6.1.8 Promega Corporation
    • 6.1.9 Reaction Biology
    • 6.1.10 Thermo Fisher Scientific Inc.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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**Competitive Landscape Covers - Business Overview, Financials, Products and Strategies, and Recent Developments
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Targeted Protein Degradation Industry Segmentation

As per the scope of the report, targeted Protein Degradation (TPD) is a drug discovery approach that harnesses the cell’s natural protein degradation mechanisms to selectively eliminate disease-causing proteins. Unlike traditional small-molecule inhibitors that merely block protein function, TPD completely removes unwanted proteins from cells.

Targeted protein degradation market is segmented by type, application, end-user, and geography. By type, the market is segmented as degronimids, immunomodulatory drugs (IMiDs), proteolysis-targeting chimeric molecules (PROTACs), sudden acquired retinal degeneration syndrome (SARDs), selective estrogen receptor degraders (SERDs), and others, By application, the market is segmented as drug discovery and therapeutics. By therapeutics, the market is segmented as oncological, neurological, inflammatory, respiratory, and others. By end-user, the market is segmented as pharmaceutical and biotechnology companies, academic and research institutes, and others. By geography, the market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and South America. The market report also covers the estimated market sizes and trends for 17 countries across major regions, globally. The report offers the value (in USD) for the above-mentioned segments.

By Type Degronimids
Immunomodulatory Drugs (IMiDs)
Proteolysis-Targeting Chimeric Molecules (PROTACs)
Sudden Acquired Retinal Degeneration Syndrome (SARDs)
Selective Estrogen Receptor Degraders (SERDs)
Others
By Applications Drug Discovery
Therapeutics Oncological
Neurological
Inflammatory
Respiratory
Others
By End-User Pharmaceutical and Biotechnology Companies
Academic and Research Institutes
Others
Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
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Targeted Protein Degradation Market Research Faqs

How big is the Targeted Protein Degradation Market?

The Targeted Protein Degradation Market size is expected to reach USD 0.65 billion in 2025 and grow at a CAGR of 20.75% to reach USD 1.60 billion by 2030.

What is the current Targeted Protein Degradation Market size?

In 2025, the Targeted Protein Degradation Market size is expected to reach USD 0.65 billion.

Which is the fastest growing region in Targeted Protein Degradation Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Targeted Protein Degradation Market?

In 2025, the North America accounts for the largest market share in Targeted Protein Degradation Market.

What years does this Targeted Protein Degradation Market cover, and what was the market size in 2024?

In 2024, the Targeted Protein Degradation Market size was estimated at USD 0.52 billion. The report covers the Targeted Protein Degradation Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Targeted Protein Degradation Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Targeted Protein Degradation Industry Report

Statistics for the 2025 Targeted Protein Degradation market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Targeted Protein Degradation analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.