Press release
Biosimilar Therapeutic Peptides Market Highlights 2020-2023 | Worldwide Top Key Players -Eli Lilly, Sanofi, Takeda Pharmaceuticals, Teva Pharmaceuticals, Pfizer Inc| Covid 19 Growth And Change
The global biosimilar therapeutic peptides market is expected to decline from $0.80 billion in 2019 to $0.77 billion in 2020 at a compound annual growth rate (CAGR) of -3.45%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities resulting in operational challenges. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $1.72 billion in 2023 at a CAGR of 30.48%.
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The biosimilar therapeutic peptides market consists of sales of biosimilar therapeutic peptides by the companies that are engaged in developing and commercialization of biosimilar peptides drugs for therapeutic applications. Peptide drugs are used as replacement therapies, which supplement peptide hormones when the endogenous levels tend to decrease. Biosimilar therapeutic peptides are used in the treatment of cardiovascular diseases, metabolic diseases, respiratory conditions, cancer, and respiratory diseases.
Biosimilar therapeutic peptides are used for the treatment of various chronic diseases and cancer. The expected increase in the aging population suffering from various chronic conditions will drive the biosimilar therapeutic peptides market.
Biosimilar Therapeutic Peptides Market Segmentation: -
By Route Of Administration
1. Parenteral Route
2. Transdermal Route
3. Others
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By Application
1. Cancer
2. Cardiovascular
3. Central Nervous Systems
4. Metabolic Disorders
5. Infection
6. Hematological Disorders
Few Points From Table Of Content
1. Executive Summary
2. Biosimilar Therapeutic Peptides Market Characteristics
3. Biosimilar Therapeutic Peptides Market Size And Growth
4. Biosimilar Therapeutic Peptides Market Segmentation
5. Biosimilar Therapeutic Peptides Market Regional And Country Analysis
……
25. Biosimilar Therapeutic Peptides Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Biosimilar Therapeutic Peptides Market
27. Biosimilar Therapeutic Peptides Market Trends And Strategies
28. Biosimilar Therapeutic Peptides Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the biosimilar therapeutic peptides market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the biosimilar therapeutic peptides market are Eli Lilly, Sanofi, Takeda Pharmaceuticals, Teva Pharmaceuticals, Pfizer Inc., Amgen Inc., AstraZeneca PLC, GlaxoSmithKline (GSK), Novartis AG, Novo Nordisk A/S, Ipsen S.A, Merck & Co. Inc., F. Hoffmann-La Roche Ltd., Bachem Holding AG
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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