G-Protein Coupled Receptors Market Growth Trends, Strategic Report, Key Drivers And Forecast To 2032

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

The Business Research Company's G-Protein Coupled Receptors Global Market Report 2023 identifies rising prevalence of cancer as the major driver for the G-protein coupled receptors market's growth in the forecast period. Cancer is an illness in which abnormal cells can infect surrounding tissues and spread uncontrollably. The lymphatic and vascular systems of the body are further routes by which cancer cells might spread. GPCRs control the processes identified as the defining characteristics of cancer, including proliferative signaling, replicative immortality, evasion of growth suppressors, resistance to apoptosis, and the activation of invasion and metastasis.

The global G-protein coupled receptors market size is expected to grow from $2.77 billion in 2022 to $2.97 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. 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 size of G-protein coupled receptors market is expected to reach $3.83 billion in 2027 at a CAGR of 6.6%.

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Major competitors in the G-protein coupled receptors market are Pfizer Inc., Roche Holding AG, AbbVie Inc., Bayer AG, Novartis International AG, Sanofi SA, Bristol-Myers Squibb Company.

A key trend in the G-protein coupled receptors market includes investment to advance GPCR screening and antibody development. Major companies operating in GPCR are focusing on attaining investment for developing drugs and medication technologies related to GPCR-driven diseases. For instance, in February 2023, LifeArc Ventures, a UK-based venture capital firm, invested $16 million in Maxion Therapeutics, a UK-based drug discovery company, to advance antibody development for previously untreatable ion channel and GPCR-driven disorders. This funding will enable the development of antibody therapeutics targeting ion channels and G-protein-coupled receptors (GPCRs) using the proprietary KnotBody technology. The KnotBody platform enables the discovery of biologicals against ion channels and GPCRs, using naturally occurring cysteine-rich mini proteins. Moreover, Septerna Inc., a US-based biotechnology company, announced its launch and Series A financing of $100 million. This Series A funding will be used for developing its emerging pipeline of innovative GPCR-targeted medication programs powered by the Native Complex Platform and covering numerous therapeutic areas.

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The G-protein coupled receptors market is segmented -
1) By Product: Cell Lines, Detection Kits, Cell Culture Reagents, Ligands

2) By Assay: CAMP Functional Assays, Calcium Functional Assays, ß-Arrestin Functional Assays, Radioligand Binding and GTP?S Functional Assays, Internalization Assays, Trafficking Assays

3) By Applications: Cancer Research, CNS Research, Metabolic Research, Cardiovascular Research, Inflammation Research, Respiratory Research, 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 G-protein coupled receptors market.

The Business Research Company's "Global G-Protein Coupled Receptors Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The G-Protein Coupled Receptors Market Include:
1. Executive Summary
2. G-Protein Coupled Receptors Market Characteristics
3. G-Protein Coupled Receptors Market Trends And Strategies
4. G-Protein Coupled Receptors Market - Macro Economic Scenario
….
32. Global G-Protein Coupled Receptors Market Competitive Benchmarking
33. Global G-Protein Coupled Receptors Market Competitive Dashboard
34. Key Mergers And Acquisitions In The G-Protein Coupled Receptors Market
35. G-Protein Coupled Receptors Market Future Outlook and Potential Analysis
36. Appendix

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