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Peptide Therapeutics Market Valued at $48.2 Billion in 2023, Projected to Hit $84.6 Billion by 2032

09-12-2024 05:02 PM CET | Health & Medicine

Press release from: Vantage Market Research

/ PR Agency: Vantage Market Research
Peptide Therapeutics Market

Peptide Therapeutics Market

Global Overview of Peptide Therapeutics Market

The Peptide Therapeutics Market research report plays an important role in running a successful business as it covers essential industry-related data. It is easy to make strategic decisions and allows you to monitor your business's future growth and trends. We need an effective way to reach target consumers and gain important insights into their opinions, values, and preferences.

The Global Peptide Therapeutics Market was valued at USD 48.2 Billion in 2024, and is anticipated to reach USD 84.6 Billion by 2032, exhibiting a CAGR of 7.3% during the forecast period 2024 to 2032.

The Global Peptide Therapeutics Market is split by Type and application. For the period 2024-2032, the growth among segments provides accurate calculations and forecasts for sales by Product Type and Application in terms of volume and value. This analysis can help you expand your business by targeting qualified markets.

For Requesting a Sample Copy of This Report, Please Visit @ https://www.vantagemarketresearch.com/peptide-therapeutics-market-2350/request-sample

Key Players Mentioned in the Peptide Therapeutics Market Research Report:

Eli Lilly and Company (U.S.), Pfizer Inc. (U.S.), Amgen Inc. (U.S.), Takeda Pharmaceutical Company Limited (Japan), AstraZeneca PLC (UK), Teva Pharmaceutical Industries Ltd. (Israel), Sanofi (France), F. Hoffmann-La Roche Ltd. (Switzerland), Novartis AG (Switzerland)

It becomes easy to deliver quick business results by getting all the key details related to the industry size and sharing the growth of key drivers. All major primary data and research tools are used by business analysts to form this effective industry report.

Market Estimates:

➨ The industry was valued in 2023: USD 48.2 Billion

➨ Industry Expected To Grow By 2032: USD 84.6 Billion

➨ CAGR During Provision Period: 7.3%

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Segments Covered

By Type

• Branded Peptides
• Generic Peptides

By Application

• Metabolic Disorders
• Cancer
• Cardiovascular Disorders
• Gastrointestinal Disorders
• Central Nervous System Disorders
• Respiratory Disorders
• Pain Management
• Rental Disorders
• Dermatology
• Other Applications

By Route of Administration

• Parenteral
• Oral
• Other Routes of Administration

By Manufacturer Type

• In-house
• Outsourced

By Synthesis Technology

• Liquid Phase Peptide Synthesis (LPPS)
• Solid Phase Peptide Synthesis (SPPS)
• Hybrid Technology

By Distribution Channel

• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies

This Peptide Therapeutics Market report conducts a systematic flow of the business to give deep perceptions, evaluate industry status, make significant improvements, and follow the previous performance.

Several businesses have been forced to close due to the COVID-19 outbreak. This Peptide Therapeutics Market study report contains information on industry changes, business-enhancing variables, trends, and emerging industries, as well as statistics on upcoming events and promotional activities.

Regional Analysis of Peptide Therapeutics Market:

➛ North America (the United States, and Canada, Mexico)

➛ Europe (UK, Germany, France, Italy, and Russia)

➛ Asia-Pacific (Japan, Korea, India, China, and Southeast Asia)

➛ South America (Argentina, Colombia, and Brazil)

➛ The Middle East and Africa (Saudi Arabia, Nigeria, Egypt, UAE, and South Africa)

The global Peptide Therapeutics Market research study's main role is to forecast if a product will gain profit in the business. The industry participants benefit greatly from such forecasting since they may introduce or authorize new items into the market to expand their business.

The fundamental industry facets, business key drivers, restraints, existing problems, forthcoming opportunities, and forecasts. This Peptide Therapeutics Market business survey depicts a few exact customer insights to build technology strategies to make investment useful.

The primary and secondary methods provide extensive industry data to help you make business choices and bring new items to market.

Read Full Research Report with [TOC] @ https://www.vantagemarketresearch.com/industry-report/peptide-therapeutics-market-2350

Challenges Faced by the Peptide Therapeutics Industry

➤ Rapid Elimination: Peptides are often rapidly eliminated from the body unless chemically modified, which can limit their therapeutic effectiveness.
➤ Low Bioavailability: Many peptides have poor oral bioavailability and require alternative delivery methods, such as injections.
➤ Stability Issues: Peptides can be labile during storage at ambient temperatures, necessitating special storage conditions.
➤ Production Costs: While debatable, the production of therapeutic peptides can be expensive due to the complexity of synthesis and purification processes.
➤ Regulatory Challenges: Navigating the regulatory landscape for peptide drugs can be complex, requiring extensive clinical trials to ensure safety and efficacy.

Recent Advancements in the Peptide Therapeutics Industry

➤ Improved Synthesis Techniques: Advances in peptide synthesis, including automated peptide synthesizers and new coupling reagents, have streamlined production.
➤ Peptide Libraries: The establishment of vast peptide libraries using display technologies has accelerated the discovery of new therapeutic peptides.
➤ Chemical Modifications: Innovations in chemical modifications, such as backbone and side-chain modifications, have improved peptide stability and bioavailability.
➤ Targeted Delivery Systems: Development of targeted delivery systems, including nanoparticles and conjugates, has enhanced the precision of peptide therapeutics.
➤ Peptide-Based Vaccines: Research into peptide-based vaccines has shown promise for treating various diseases, including cancer and infectious diseases.

Economic Benefits of the Peptide Therapeutics Industry

➤ Market Growth: The global peptide therapeutics market is projected to grow significantly, driven by the increasing prevalence of chronic diseases and advancements in peptide drug development.
➤ Cost-Effective Production: Compared to biologics, peptides can be more cost-effective to produce, offering economic advantages.
➤ Reduced Side Effects: Peptides often exhibit lower immunogenicity and fewer side effects compared to small molecules and biologics, potentially reducing healthcare costs.
➤ Job Creation: The growth of the peptide therapeutics industry has led to job creation in research, development, and manufacturing sectors.

Case Studies of Successful Integration

➤ Novo Nordisk: Novo Nordisk has successfully integrated peptide therapeutics into their product line, particularly with their GLP-1 analogs for diabetes treatment. These peptides have shown significant efficacy in managing blood glucose levels.
➤ Ipsen: Ipsen has developed Somatuline® (lanreotide), a peptide therapeutic for treating acromegaly and neuroendocrine tumors. The integration of this product has expanded their oncology portfolio.
➤ Amgen: Amgen's development of Parsabiv® (etelcalcetide), a peptide therapeutic for secondary hyperparathyroidism, demonstrates successful integration of peptide drugs into their nephrology product line.

Would you like to delve deeper into any of these Peptide Therapeutics Industry Research Report? https://www.vantagemarketresearch.com/peptide-therapeutics-market-2350/contact-analyst

Key Questions Answered in Peptide Therapeutics Industry Report:

➤Which are the five top players of the Peptide Therapeutics Industry?

➤How will the Peptide Therapeutics Market change in the upcoming years?

➤Which product and application will take a share of the Peptide Therapeutics Industry?

➤What will be the CAGR and size of the Peptide Therapeutics Market throughout the forecast period?

➤What are the drivers and restraints of the Peptide Therapeutics Industry?

➤Which regional market will show the highest growth?

➤What is the current Peptide Therapeutics Industry size, what will the market size be in 2030 and what will the growth rate be?

➤Who are the major competitors and what is their strategy?

➤What are the challenges to grow in the Peptide Therapeutics Industry?

➤What are the market opportunities and challenges faced by the key vendors?

➤What are the barriers to entry for new players in the Peptide Therapeutics Industry?

Scope of the Report:

Rising demand for product reliability, increase in business analytics, and powerful compliance regulations are the major key drivers for the growth of the Peptide Therapeutics Market. An overview of the Peptide Therapeutics Market with valuable sources creates opportunities for the Peptide Therapeutics Market business in the coming years. Each industry segmentation allows readers to understand the difficulties of industry situations.

Highlights of The Peptide Therapeutics Industry Report:

➤ A complete backdrop analysis, which includes an assessment of the Peptide Therapeutics Industry.

➤ Significant changes in business dynamics.

➤ The Peptide Therapeutics Market business segmentation up to the second or third level.

➤ The historical, current, and projected size of the business from the standpoint of both value and volume.

➤ Reporting and evaluation of present industry developments.

➤ Business shares and strategies of key players in the Peptide Therapeutics Market.

➤ Emerging trends, segments, and regional markets.

➤ An objective assessment of the trajectory of the Peptide Therapeutics Market.

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Peptide Modifications For PEGylation
PEGylation is the process of covalently attaching polyethylene glycol (PEG) polymer chains to peptides. By increasing their molecular mass and shielding them from proteolytic enzymes, PEGylation improves the pharmacokinetics of peptides and proteins. PEGylation reduces renal clearance and results in more sustained absorption after subcutaneous administration, as well as restricted distribution. PEGylations have been shown to significantly improve water solubility, biocompatibility, immunogenicity, and other physico-chemical properties. It is an established