Glycomics Or Glycobiology Market Competitie Landscape, Industry Analysis, Demand, Major Giants, Future Prospects, Business Opportunities And Latest Trends || Water Corporation, Aligent Technologies, Bruker Corporation, Merck KgaA

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Glycomics Or Glycobiology Market Size, Growth Rate, And Forecast

The global glycomics or glycobiology market is expected to grow from $1.38 billion in 2022 to $1.60 billion in 2023 at a compound annual growth rate (CAGR) of 15.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The glycomics or glycobiology market is expected to reach $2.82 billion in 2027 at a CAGR of 15.2%.

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Glycomics Or Glycobiology Market Drivers

The increase in the demand for medicines for the treatment of several severe chronic diseases is expected to propel the growth of the glycomics or glycobiology market going forward. Chronic diseases are health problems that are usually long-term and can be controlled but not healed. A glycomics studies changes in glycosylation and its functions, that helps in the development of drugs and related medication for several severe chronic diseases. For instance, in 2022, according to Cancer Facts and Figures 2022-2024, a scientific paper by the American Cancer Society, there would be 22.5 million cancer (a chronic disease) survivors by 2032 and is projected to reach 26 million by 2040. Similarly, Keytruda, a drug used in cancer immunotherapy, became one of the selling drugs in 2020, with revenue accounting for $14.38 billion, an increase of 29.7% compared to 2019. Thus, the increase in the demand for medicines for the treatment of several severe chronic diseases drives the glycomics or glycobiology market.

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Glycomics Or Glycobiology Market Segments

• By Product: Enzymes, Kits, Reagents and Chemicals, Instruments, Carbohydrates

• By Application: Drug Discovery and Development, Disease Diagnostics, Other Applications

• By End-user: Academic Research Institutes, Pharmaceutical and Biotechnology Companies, Clinical Laboratories

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the glycomics or glycobiology market.

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Glycomics Or Glycobiology Market Key Players
Major competitors in the glycomics or glycobiology market are Water Corporation, Aligent Technologies, Bruker Corporation, Merck KgaA, New England Biolabs, Danaher Corporation, Shimadzu Corporation, ProZyme Inc.

The Business Research Company's "Global Glycomics Or Glycobiology Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Glycomics Or Glycobiology Market Include:
1. Executive Summary
2. Glycomics Or Glycobiology Market Characteristics
3. Glycomics Or Glycobiology Market Trends And Strategies
4. Glycomics Or Glycobiology Market - Macro Economic Scenario
5. Glycomics Or Glycobiology Market Size And Growth
………………
27. Glycomics Or Glycobiology Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Glycomics Or Glycobiology Market
29. Glycomics Or Glycobiology Market Future Outlook and Potential Analysis
30. Appendix

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