Peptide Therapeutics Market Scope | Growth USD 42.97 Billion By 2023 | By Application: Metabolic, Respiratory, Anti-infection, Dermatology, Renal, Cancers, Cardiovascular Disorder, GIT, Pain, CNS
Peptide Therapeutics Market - Industry Outlook and Trend Analysis:The Peptide Therapeutics Market was worth USD 19.52 billion in 2014 and is expected to reach approximately USD 42.97 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 9.16% during the forecast period. Expanding prevalence of cancer and metabolic disorders, for example, obesity, diabetes, and osteoporosis are the key variables contributing toward the adoption of peptide therapeutics over the conjecture time frame. The demand for low-cost and efficient drugs is high because of developing base of affected paediatric populace and predominance of target diseases in countries with a low income. The development is specifically connected with rising interests in drug revelation.
Peptide Therapeutics Market - Competitive Insights:
The leading players in the market are Sanofi, Lonza Group, GlaxoSmithKline, Pfizer, Eli Lilly and Company, Novo Nordisk, Teva Pharmaceutical Industries, Novartis, Takeda Pharmaceutical Company, Bristol-Myers Squibb, AstraZeneca and Amgen. Improvement of new products and adopting technological progressions are key methods attempted by the organizations to maintain market position. In addition, expanding collaborations for undertaking trials of new drugs is evaluated to increment competition.
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Peptide Therapeutics Market - Application Outlook and Trend Analysis:
The cancer section ruled in 2016 with revenue share of over USD 1.85 billion. Expanding prevalence of cancer worldwide and expanding prescription of peptide therapeutics for malignancy treatment are the key components in charge of predominance in this fragment. Rising demand for rapid-acting and efficient therapeutics is foreseen to highlight development.
Peptide Therapeutics Market - Type Outlook and Trend Analysis:
The innovative peptides ruled in 2016 and held a share of around 66.93%, inferable from the expanding ventures by vast pharmaceuticals in R&D for the improvement of novel drugs and high prescription rate. Nonetheless, generics are expected to encounter lucrative growth over the conjecture time frame.
Peptide Therapeutics Market - Manufacturing type Outlook and Trend Analysis:
The in-house manufacturing section held the biggest share representing more than 60.0% in 2016. Majority of the key players are engaged with developing peptide therapeutics in-house attributable to stringent regulations and increasing expenses of outsourcing. As huge pharmaceutical organizations have legitimate infrastructure for large-scale manufacturing and advanced technology, these organizations favour in-house manufacturing.
Peptide Therapeutics Market - Route of administration Outlook and Trend Analysis:
The biopharmaceuticals giants are constantly examining new techniques for drug delivery suitable to peptides. Novel drug delivery technologies are presently being evaluated for efficacy with engineered molecules containing advanced PEGylation, trying to enhance performance of drug delivery performance through better methods of drug delivery. Parenteral course of administration commanded in 2016 with a significant share of the market.
Peptide Therapeutics Market - Synthesis Technology Outlook and Trend Analysis:
The LPPS section ruled with share of more than 45.0% in 2016 attributable to existence of growing demand for unadulterated peptides for improvement of effective therapeutics. Nonetheless, issues, for example, higher usage of time are in charge of switching preferences of consumers to effective and faster methods, for example, SPPS.
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The Peptide Therapeutics Market is segmented as follows-
Peptide Therapeutics Market - By Application:
Metabolic
Respiratory
Anti-infection
Dermatology
Renal
Cancers
Cardiovascular Disorder
GIT
Pain
CNS
Others
Peptide Therapeutics Market - By Type:
Innovative
Generic
Peptide Therapeutics Market - By Type of Manufacturers:
Outsourced
In-house
Peptide Therapeutics Market - By Route of Administration:
Oral Route
Mucosal
Parenteral Route
Pulmonary
Others
Peptide Therapeutics Market - By Synthesis Technology:
Liquid Phase Peptide Synthesis (LPPS)
Solid Phase Peptide Synthesis (SPPS)
Hybrid Technology
Peptide Therapeutics Market - Regional Outlook and Trend Analysis:
North America commanded the market in 2016. Increasing awareness levels relating to peptide therapeutics products, expanding interest for diagnostics in cancer and other diseases, and developing biotechnology sector are the components contributing toward the strength. Expanding R&D expenditure by government is additionally assessed to enable peptide therapeutics to keep up predominance over the coming years.
Peptide Therapeutics Market - By Region:
North America - U.S, Canada, Mexico
Europe - Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific - Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World - Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others
Peptide Therapeutics Market - Table of Contents:
1. Introduction
2. Executive Summary
3. Market Overview
4. Market Analysis by Regions
5. Peptide Therapeutics Market, By Type
6. Peptide Therapeutics Market, By Application
7. Peptide Therapeutics Market, By Type of Manufacturers
8. Peptide Therapeutics Market, By Route of Administration
9. Peptide Therapeutics Market, By Technology
10.Peptide Therapeutics Market, By Region
11.Company Profiles
12.Global Peptide Therapeutics Market Competition, by Manufacturer
13.Peptide Therapeutics Market Forecast (2018-2023)
Browse complete report with TOC: https://www.crystalmarketresearch.com/report/peptide-therapeutics-market .
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 5 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends.
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Continued…
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