North America Is Projected To Hold a Dominant Position in the Global Peptide Synthesis Market In The Near Future

The growing prevalence of infectious diseases is fostering the growth of the peptide synthesis market. For instance, according to an article published by the Centers for Disease Control and Prevention (CDC) in February 2020, reports that the number of visits with infectious and parasitic diseases to physician offices as the primary diagnosis was 15.5 million in 2016 in the U.S.

Moreover, key players are adopting inorganic strategies such as collaborations and this is projected to boost the market growth over the forecast period. For instance, in January 2018, Imcyse SA, a clinical-stage biotech company based in Belgium entered into a collaboration with a leading multinational pharmaceutical corporation, Pfizer, Inc. The collaboration is aimed at the development of a certain modified peptide called Imotope. This particular peptide is synthesized for treating rheumatoid arthritis and other chronic diseases.

In January 2019, SP Scientific, a manufacturer of freeze dryers/ lyophilizers and others, launched LyoS 2.0, a line-of-sight enabled lyophilizer control system. This product is able to control peptide synthesis platforms from development to production units, making cycle transfer and scale-up that much simpler.

In April 2021, In ISSAR Pharmaceuticals, involved in Peptide Technology and peptide drug innovation, has decided to license out their peptide-based New Chemical Entities (NCEs), with pre-IND filing and US patent.

In December 2019, Creative Peptides, one of the peptide experts, announced to launch of its synthetic peptide APIs for both researchers and manufacturers who are involved in the field of drug discovery and development.

Market Size – USD 315 Million in 2020 Market Growth – 6.4% Market Trends – Expanding pharmaceutical industry and R&D investment.

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The top Major Competitive Players are: AAPPTec, GenScript Biotech Corporation, Bachem, Biotage, AnaSpec, Gyros Protein Technologies, CEM Corporation, Advanced ChemTech, New England Peptide and Merck KGaA among others

North America is projected to hold a dominant position in the global peptide synthesis market over the forecast period owing to growing new cases of cancer in the region. For instance, according to an article published by the American Cancer Association in 2018, reports that around 1,735,350 new cancer cases were diagnosed and 609,640 cancer deaths occurred in the U.S.

Segments covered in the report:
For the purpose of this report, Reports and Data has segmented the global peptide synthesis market on the basis of product, technology, end use, and region:

Product Outlook (Revenue, USD Million; 2019 – 2028)
Reagents
Equipment
Peptide Synthesizers
Chromatography Equipment
Lyophilizers

Technology Outlook (Revenue, USD Million; 2019 – 2028)
Solid-phase Peptide Synthesis
Liquid-phase Peptide Synthesis
Hybrid & Recombinant Technology

End User Outlook (Revenue, USD Million; 2019 – 2028)
Pharmaceutical and Biotechnology Companies
Contract Development and Manufacturing Organizations
Academic and Research Institutes

Peptide Synthesis is the synthesis of peptide chains on demand. Peptide chains can be polymerized to form complex molecular structures like enzymes and receptors or can be linked directly to other molecules with complementary motifs, like amino acids and sugars. Peptide Synthesis is a general function that involves the nonprotein component of peptides, which may be polypeptides or non-peptides. Peptide Synthesis is the formation of various chemical and biological substances like lipids, steroids, hormones, hydrophorunsids, glycogen, vitamins, etc... Through a series of reactions catalyzed by enzymes. Peptide Synthesis involves multiple steps and requires complex enzymatic networks in order to produce high-quality products.

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