Press release
Peptide Synthesis Global Market Growth Opportunities, Emerging Trends, Industry Analysis And Global Forecast 2024 To 2033 | Merck KGaA, Lonza Group, Kaneka Corporation, Uno Minda, Mesa Labs Inc.
Peptide Synthesis Market
As per the report, the peptide synthesis market size has grown strongly in recent years. It will grow from $5.22 billion in 2023 to $5.69 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The peptide synthesis market size is expected to see strong growth in the next few years. It will grow to $8.05 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%.
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Rising Incidence Of Chronic Diseases Boosts Growth In The Peptide Synthesis Market
Growing chronic diseases are expected to propel the growth of the peptide synthesis market going forward. Chronic diseases refer to illnesses or non-communicable diseases (NCDs) that are long-term health conditions that persist over an extended period and often progress gradually. Peptide synthesis can be used for chronic diseases as some peptides exert anti-inflammatory and antioxidant activity, which could aid in the prevention of chronic diseases, including cardiovascular diseases. Peptides can address the fundamental causes of chronic disease by targeting particular cellular processes and signaling pathways, opening up novel therapeutic and management options. For instance, in August 2023, according to the data published by the British Heart Foundation, a UK-based non-profit organization, the number of deaths caused by coronary heart disease in the UK increased to 65,579 in 2021, compared with 64,170 in 2020. Therefore, the growing number of chronic diseases is driving the growth of the peptide synthesis market.
Advancing Next-Generation Peptide Synthesizers To Gain A Competitive Edge
Major companies operating in the peptide synthesis market are focusing on introducing next-generation peptide synthesizers such as PurePep Sonata+ to gain a competitive edge in the market. PurePep Sonata+ is an advanced peptide synthesizer that offers improved efficiency, speed, and accuracy compared to traditional peptide synthesizers. For instance, in March 2022, Gyros Protein Technologies, a US-based peptide synthesis and bioanalytical technology services company, introduced the PurePep Sonata+ peptide synthesizer. PurePep Sonata+ extends the capabilities of Sonata XT by incorporating real-time flow technology. This innovative approach enables continuous monitoring of fluid flow rates within the system, providing a non-invasive means to ensure precise and accurate fluid transfers for a diverse range of viscosities.
The peptide synthesis market covered in this report is segmented -
1) By Product And Service: Reagents, Equipment, Services
2) By Technology: Solid-Phase Peptide Synthesis, Solution-Phase Peptide Synthesis, Hybrid And Recombinant Technology
3) By End User: Pharmaceutical And Biotechnology companies, Contract Manufacturing And Development Organizations (CDMOs) And Contract Research Organizations (CROs), Academic And Research Institutes
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Major companies operating in the peptide synthesis market report are Thermo Fisher Scientific, Novo Nordisk A/S, Merck KGaA, Lonza Group, Kaneka Corporation, Uno Minda, Guizhou Xinbang Pharmaceutical Co. Ltd., Hybio Pharmaceutical Co. Ltd., GenScript Biotech, Bachem Holding AG, Syngene International, PolyPeptide Group AG, Mesa Labs Inc., CPC Scientific Inc., New England Peptide Inc., Biotage, ScinoPharm Taiwan Ltd, MP Biomedicals, USV Private Limited, CEM Corporation, Enamine Ltd., Creative Diagnostics, AnaSpec Inc., CSBio Company Inc., Alfa Chemistry, Advanced ChemTech, Gyros Protein Technologies AB, AAPPTec LLC, Biosynth International Inc., ProteoGenix
Contents of the report:
1. Executive Summary
2. Peptide Synthesis Market Report Structure
3. Peptide Synthesis Market Trends And Strategies
4. Peptide Synthesis Market - Macro Economic Scenario
5. Peptide Synthesis Market Size And Growth
…..
27. Peptide Synthesis Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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