Peptide Cancer Vaccine Market Growth, Global Survey, Analysis, Share, Company Profiles and Forecast by 2027 Says Reports And Data

Reports and Data has recently published a market research report on global Peptide Cancer Vaccine market comprising 100+ pages that provides an in-depth analysis of the market size, market growth, market share, key segments and sub-segments, top companies, current and emerging trends, drivers and restraints, opportunities, and forecast values up to 2028. The Peptide Cancer Vaccine market research report is an investigative study that offers key insights into industry overview, key manufacturers and buyers, sales network and distribution channels, and financial standing.

The Global Peptide Cancer Vaccine Market is expected to grow at a CAGR of roughly 23.3% over the forecast period, growing from USD 280.45 million in 2019 to surpass USD 1.46 billion in 2027.

The World Health Organization reported around 9.6 million deaths caused by the disease in 2018. The most common types include prostate, colorectal, cervical, lung, and breast cancers. Therefore, there is a significantly high demand for vaccines to prevent and treat the disease, adding impetus to the demand in the peptide cancer vaccine market. The expanding pool of cancer patients, technological advancements, new drug development, stronger government support, increasing geriatric population, and the long-lasting effect of peptide cancer vaccine are the drivers of the market. However, the limited reach of cancer vaccines in far off areas and the need for special storage facility and transportation are the major restraints for the peptide cancer vaccines industry.

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In addition to conventional peptide design, a number of peptide technologies have emerged that indicate high potential growth opportunities in the Peptide Cancer Vaccine industry. Among them are multifunctional and cell penetrating peptides, peptide drug conjugates, and innovations focused on different routes of administration.

Peptides have a wide range of applications, ranging from medicine and biotechnology, to therapeutic peptide chemistry in the last decade. Use of peptide for commercial purposes is also on the rise, which is also propelling Peptide Cancer Vaccine market growth. Lupron, which is a peptide-based drug used to treat prostate cancer and other diseases, had global sales of more than USD 752 million in 2020. In addition, sales for Sanofi's Lantus reached USD 7 billion in 2017.

Approximately 140 peptide drugs are in clinical trials and over 500 therapeutic peptides in preclinical processing, and are currently more than 80 FDA-approved peptide medicines are on the market.

Current Peptide Cancer Vaccine, on the other hand, is primarily focused on legacy technologies that use large amounts of highly volatile reagents and solvents. Lower performance, costly biocatalysts, and a lack of validation protocols are drawbacks of this technology, making peptide production by enzymatic methods difficult.

Some major players in the global Peptide Cancer Vaccine market include:

Genscript Biotech, Merck KGaA, Aapptec, Bachem Holdings, Anaspec, Biotage, CEM Corporation, Gyros Protein Technologies, Advanced Chemtech, and NEP (New England Peptide).

Some Key Highlights From the Report:

In 2020, reagents segment accounted for largest share among other product segments in the global Peptide Cancer Vaccine market.

The solid-phase synthesis segment is expected to register highest revenue CAGR during the forecast period.

In 2020, pharmaceutical & biotechnological companies segment accounted for largest revenue share owing to increasing number of R&D projects in genomics, molecular biology, and related fields.
North America accounted for largest revenue share in the global market in 2020. This can be attributed to major presence of key market players, increased availability of Peptide Cancer Vaccine technologies, as well as rising focus on producing peptide-based drugs on commercial scale.

The Peptide Cancer Vaccine market in Asia Pacific is expected to continue to register fastest revenue growth rate owing to increased investments by pharmaceutical and biotechnology companies as well as increasing R&D activities in countries in the region.

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Segments covered in the report:

For the purpose of this report, Reports and Data has segmented the global Peptide Cancer Vaccine market on the basis of product, technology, end use, and region:

By Type, 2017-2027

Type I
Type II

By Application, 2017-2027

Breast
Lung
Melanoma
Prostate
Others

Regional Outlook (Revenue, USD Million; 2018 – 2028)

North America
US
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of Asia Pacific
Latin America
Brazil
Rest of Latin America
Middle East and Africa
Saudi Arabia
UAE
South Africa
Rest of Middle East & Africa

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