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Cell Penetrating Peptide Market Size & Share Report, 2033
Cell Penetrating Peptide Market Size
As per the report, the cell penetration peptide market size has grown rapidly in recent years. It will grow from $1.63 billion in 2023 to $1.87 billion in 2024 at a compound annual growth rate (CAGR) of 14.9%. The cell penetration peptide market size is expected to see rapid growth in the next few years. It will grow to $3.31 billion in 2028 at a compound annual growth rate (CAGR) of 15.3%.
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Role Of Research And Development In Fueling Cell Penetration Peptide Market Growth
The increasing investment in health research and development is expected to propel the growth of the cell penetration peptide market going forward. Health research and development (R&D) refers to the systematic investigation and experimentation to advance scientific knowledge and develop innovative solutions to improve healthcare outcomes. Health research and development increase is due to healthcare needs, technological progress, global health priorities, investment incentives, and economic opportunities. Cell penetration peptides offer versatile and efficient strategies for delivering biomolecules and therapeutics into cells by advancing various health research and development aspects, including drug delivery, gene therapy, vaccine development, molecular imaging, and cellular research. For instance, in December 2023, according to the National Center for Science and Engineering Statistics, a US-based federal statistical agency, state government agencies allocated $1.10 billion towards health research and experimental development (R&D) in the fiscal year 2022, marking a 2.2% rise compared to the $1.07 billion spent in fiscal year 2021. Therefore, the surge in research and development is driving the growth of the cell penetration peptide market.
Innovative Peptide Drug Discovery Platforms Transforming The Cell-Penetrating Peptide Market
Major companies operating in the cell-penetrating peptide market are focusing on developing innovative platforms, such as peptide drug discovery platforms, to gain a competitive edge in the market. A peptide drug discovery platform is a comprehensive system or toolkit to facilitate the identification, design, optimization, and evaluation of CPP-based therapeutics. For instance, in May 2023, Fujitsu Limited, a Japan-based information and communications technology equipment and services corporation, launched the Biodrug Design Accelerator, a platform to manage research processes for peptide drug discovery. The Biodrug Design Accelerator aids peptide drug discovery scientists in pharmaceutical firms by expediting and enhancing the efficiency of peptide drug development, particularly through the 'design, make, test, analyze' (DMTA) cycles. It also enables streamlined communication among scientists regarding synthesis and testing while remaining compatible with HELM, a method for describing complex biomolecules.
The cell penetrating peptide market covered in this report is segmented -
1) By Type: Synthetic Cell Penetrating Peptides, Protein-Derived Cell Penetrating Peptides, Chimeric Cell Penetrating Peptides
2) By Application: Drug Delivery, Gene Delivery, Diagnostics, Molecular Imaging, Other Applications
3) By End Use: Pharmaceutical And Biotechnology Companies, Contract Research Organization (CROs), Hospitals And Clinics, Others End Users
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Major companies operating in the cell penetrating peptide market are Thermo Fisher Scientific Inc., Novo Nordisk A/S, Merck KGaA, Corden Pharma GmbH, Sarepta Therapeutics Inc., GenScript Biotech Corporation, Bachem Holding AG, R&D Systems Inc., PolyPeptide Laboratories AB, PeptiDream Inc., Revance Therapeutics Inc., CPC Scientific Inc., Tocris Bioscience, Bio-Synthesis Inc., AnaSpec Inc., Avidity Biosciences Inc., Iris Biotech GmbH, PEPperPRINT GmbH, Chemos GmbH & Co. KG, Creative Peptides GmbH, ProImmune Ltd., Pepscan Inc., The Cupid Peptide Company, AltaBioscience Ltd., Peptomyc
Contents of the report:
1. Executive Summary
2. Cell Penetrating Peptide Market Report Structure
3. Cell Penetrating Peptide Market Trends And Strategies
4. Cell Penetrating Peptide Market - Macro Economic Scenario
5. Cell Penetrating Peptide Market Size And Growth
…..
27. Cell Penetrating Peptide Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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