Press release
Peptide Therapeutics Market Segmented by Top Players - Teva Pharmaceutical Industries Ltd., Takeda Pharmaceuticals, Novo Nordisk A/S, Eli Lilly and Company, Sanofi S.A., Encycle Therapeutics
Increasing Research and Development (R&D) activities in the field of peptide therapeutics and regulatory approval to peptide derived drugs or products shows lucrative trend in the peptide therapeutics market. For instance, according to the Drug Discovery Today Journal data findings, in 2015, more than 60 U.S. Food and Drug Administration (FDA) approved peptide medicines are available in market with around 140 peptide drugs in clinical trials and more than 500 therapeutic peptides in preclinical development. Moreover, peptide therapeutics market is projected to witness significant growth over the forecasted period, owing to the increase in the development of novel peptide drugs. Glucagon-like peptide-1 (GPL-1) agonists, one of the novel peptide drug class commonly used indicated for the treatment of type 2 diabetes mellitus (T2DM).Download The PDF Brochure : https://www.coherentmarketinsights.com/insight/request-pdf/1837
Peptide therapeutics continue to expands its application by broaden molecular diversity and by engineering enhanced pharmaceutical properties. Research continues to expand the potential range of peptide-based pharmaceuticals to focus on treatment targets. However, large number of peptide targets shown in its early-stage of clinical trials or in preclinical models of disease, such as a melanocortin 4 receptor (MC4R) agonist, may reduce the body weight of patients with genetic obesity syndromes.
Furthermore, increasing development are in progress to extend the half-life period of peptide drugs; to improve the oral bioavailability of peptide therapeutics and to enhance the Central Nervous System (CNS) availability of peptide drugs through nanoparticle delivery in the indications such as Alzheimer’s disease and stroke.
Market Dynamics
Market players are engaged in developing novel and innovative peptide therapeutics drugs in order to offer tailored solution to target patient by increasing biocompatibility and potent therapeutic effects. Increasing prevalence of cancer and diabetes mellitus is projected to drive growth of the peptide therapeutics market over the forecast period. Also, clinical development in the field of peptide reflects it as an effective tool for molecular pharmacology.
Key features of the study:
This report provides in-depth analysis of peptide therapeutics in medical sector and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2018 – 2026), considering 2017 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
Peptide drugs are usually administered through injections on a daily basis during long-term treatment, which is considered to be a drawback. As, oral administration involves high patience compliance and acceptance. But, low oral bioavailability of peptide drugs and poor penetration of the intestinal mucosa is hindering the growth of the peptide therapeutics market. Presently, many researches are going to overcome the challenge of absorption of peptide drugs among patients.
Key players operating in peptide therapeutics market include Teva Pharmaceutical Industries Ltd., Takeda Pharmaceuticals Co. Ltd., Novo Nordisk A/S, Eli Lilly and Company, Sanofi S.A., Encycle Therapeutics, Inc., CirclePharma, Inc., Pfizer Inc., Novartis AG, PeptiDream Inc., and Amgen Inc.
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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