Press release
Glycomics Market Worth US$ 2.52 Billion by 2027 at 12.80% CAGR - Report by IMARC Group
Market Overview:
The global glycomics market reached a value of US$ 1.21 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 2.52 Billion by 2027, exhibiting a CAGR of 12.80% during 2022-2027.
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Year Considered to Estimate the Market Size:
• Base Year of the Analysis: 2021
• Historical Period: 2016-2021
• Forecast Period: 2022-2027
Glycomics, also known as glycobiology, or glycans, is a study of the function, structure, and biology of carbohydrates or sugar chains found in a living organism to diagnose disease and develop a cure. It mainly helps define or quantify the glycome of a tissue, cell, or organism produced in a single organism and identifies all the genes that encode glycoproteins. It also establishes the role of carbohydrate-protein interactions in cell-cell communication. As a result, glycomics is widely utilized in drug discovery, biomedicine, research, biotechnology, immunology, and diagnostics across the globe.
Market Trends:
The market is primarily driven by the growing prevalence of chronic diseases owing to the rising smoking and alcohol addiction, sedentary lifestyles, and unhealthy eating habits of individuals. In addition, the sudden outbreak of coronavirus disease (COVID-19) has escalated the demand for vaccines and treatment drugs to prevent the spread of the pandemic, which in turn is contributing to market growth. Moreover, various advancements in technology, such as the introduction of mass spectrometry (MS), high-performance liquid chromatography (HPLC), and capillary electrophoresis (CE), in chemical and biochemical research represent other major growth-inducing factors. Besides this, the market is also propelled by various research and development (R&D) activities conducted in the field of drug discovery. Furthermore, the expanding pharmaceutical industry, the increasing number of clinical trials, rising investments by government authorities, and the development of healthcare infrastructure are some of the other factors creating a positive market outlook across the globe.
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Glycomics Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global glycomics market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
• Agilent Technologies Inc.
• Asparia Glycomics
• Bruker Corporation
• Danaher Corporation
• New England Biolabs
• RayBiotech Life Inc.
• Shimadzu Corporation
• Dextra Laboratories Limited (New Zealand Pharmaceuticals Limited)
• Merck KGaA
• Takara Bio Inc.
• Thermo Fisher Scientific Inc.
• Waters Corporation.
Key Market Segmentation:
The report has segmented the global glycomics market based on product, application, end user and region.
Breakup by Product:
• Enzymes
o Glycosidases
o Glycosyltransferases
o Neuraminidases
o Sialyltransferases
o Others
• Instruments
o Mass Spectrometers
o HPLC
o MALDI-TOF
o Array systems
o Others
• Kits
o Glycan Labeling Kits
o Glycan Purification Kits
o Glycan Release Kits
o Others
• Reagents
o Glycoproteins
o Monosaccharides
o Oligosaccharides
o Others
Breakup by Application:
• Drug Discovery and Development
• Diagnostics
• Others
Breakup by End User:
• Academic and Research Institutes
• Pharmaceutical and Biotechnology Companies
• Contract Research Organizations (CROs)
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
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Key Highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
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State: NY
Country: United States
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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