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Peptide Therapeutics Market 2023 - Opportunity Analysis, Market Share, Trends, Industry Size And Forecast To 2032
Peptide Therapeutics Market Analysis
Peptide Therapeutics Market Size, Growth Rate, And Forecast
The global peptide therapeutics market size grew from $37.26 billion in 2022 to $40.7 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. 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 peptide therapeutics market size is expected to grow to $58.75 billion in 2027 at a CAGR of 9.6%.
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Peptide Therapeutics Market Drivers
An increase in the prevalence of chronic diseases is expected to propel the growth of the peptide therapeutics market. Chronic diseases are long-lasting sickness that often cannot be healed, however, they are occasionally curable and controllable. Chronic diseases are increasing due to increased use of tobacco products, poor nutrition, physical inactivity, excessive alcohol use, and others. The use of peptide therapeutics aids in the prevention and treatment of certain chronic diseases.
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Peptide Therapeutics Market Segments
1) By Type: Generic, Branded
2) By Route of Administration: Parenteral, Mucosal, Oral, Transdermal
3) By Application: Cancer, Cardiovascular Diseases, Central Nervous Systems, Metabolic Disorders, Infections, Hematological Disorders, Gastrointestinal Disorders, Dermatology, Respiratory Disorders, Acromegaly, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the peptide therapeutics market.
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Peptide Therapeutics Market Key Players
Major competitors in the peptide therapeutics market include Amgen, Inc., Pfizer, Inc., Bristol-Myers Squibb Company, Sanofi, AstraZeneca plc, Novartis AG, Teva Pharmaceutical Industries Ltd.
The Business Research Company's "Global Peptide Therapeutics 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 Peptide Therapeutics Market Include:
1. Executive Summary
2. Peptide Therapeutics Market Characteristics
3. Peptide Therapeutics Market Trends And Strategies
4. Peptide Therapeutics Market - Macro Economic Scenario
5. Peptide Therapeutics Market Size And Growth
......
26. Africa Peptide Therapeutics Market
27. Peptide Therapeutics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Peptide Therapeutics Market
29. Peptide Therapeutics Market Future Outlook and Potential Analysis
30. Appendix
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