Press release
Peptide Synthesis Market to reach USD 964.33 Mn by 2029, emerging at a CAGR of 8 percent and forecast 2023-2029
Peptide Synthesis Market
This comprehensive report delves into the world of peptides, highlighting their role as highly effective and selective signaling molecules that interact with specific cell surface receptors, thereby initiating intracellular reactions. Peptide therapeutics are characterized by exceptional safety, tolerability, and efficacy profiles, making them promising candidates for the development of new therapies. The report explores the complexities and opportunities in peptide synthesis, including novel peptide technologies, multi-functional peptides, peptide drug conjugates, and inventive administration methods.
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Peptide Synthesis Market Research Methodology:
The report utilizes robust research methodologies to analyze the global peptide synthesis market. It presents a thorough examination of the industry's past, present, and future, with a focus on key players in the market, including market leaders, followers, and new entrants.
What are Peptide Synthesis Market Dynamics:
The growth of the global peptide synthesis market is driven by the increased commercial use of peptides, particularly in therapeutic peptide science and biotechnology. Peptide-based medications like Lupron, used to treat conditions such as prostate cancer, have demonstrated significant sales revenue, surpassing USD 755 million in 2020. Furthermore, the COVID-19 pandemic has intensified interest in peptide synthesis, as peptides play a crucial role in vaccinations and peptide-based medicines. The specific selectivity and specificity of peptides toward certain targets have made them valuable in the fight against COVID-19.
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Peptide Synthesis Market Regional Insights:
North America: North America claimed the largest market share for peptide synthesis in 2022, accounting for 38.6% of total market revenue. Factors contributing to this dominance include the high prevalence of chronic diseases, increased investments in structure-based drug design, growing research in genomics and proteomics, and a focus on personalized therapeutics. The United States played a significant role in this region's market share due to its burgeoning life science research activities and the rising incidence of chronic diseases like cancer.
Europe: Europe secured the second-largest market share in peptide synthesis in 2022, with a 30.8% share. The region benefits from a strong focus on biotechnology and pharmaceutical research, driving demand for peptide synthesis.
Asia Pacific: The Asia Pacific region ranked third in market share, contributing 27% to the global peptide synthesis market. Factors such as increasing investments in healthcare research, especially in countries like India, China, and Japan, have bolstered the region's growth. The emphasis on personalized therapeutics and genomics research is also contributing to this market share.
What is Peptide Synthesis Market Segmentation:
by Product
Equipment
Reagents & Consumables
Others
by Application
Therapeutics
Diagnosis
Research
by End-User
Pharmaceutical & Biotechnology Companies
Contract Development & Manufacturing Organization
Academic & Research Institutes
by Technology
Solid Phase Peptide Synthesis
Liquid Phase Peptide Synthesis
Hybrid Technology
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Who are Peptide Synthesis Market Key Players:
1. Bachem Holdings (Switzerland)
2. Thermo Fisher Scientific (US)
3. Merck KGgA (Germany)
4. GenScript Biotech Corporation (China)
5. Kaneka Corporation (Japan)
6. Biotage AG (Sweden)
7. Syngen International Ltd (India)
8. Mesa Laboratories (US)
9. CEM Corporation (US)
10.ProteoGenix (France)
11.Bio-Synthesis (US)
12.Purolite (US)
13.ChemPep (US)
14.AmbioPharm (US)
Table of content for the Peptide Synthesis Market includes:
Peptide Synthesis Market : Research Methodology
Peptide Synthesis Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. Peptide Synthesis Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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