Press release
Global Glycomic Therapeutics Market: Immense Growth Expected by 2029 Fueled by Rising Chronic Diseases and Advances in Drug Research
Global Glycomic Therapeutics Market
Focus Broadens on Glycomic Therapeutics: Market to Grow at a 17.4% CAGR from 2025 to 2029
What Is The Projected Market Size Of The Global Glycomic Therapeutics Market And Its Growth Rate?
The global glycomic therapeutics market is projected to exhibit significant growth:
• The market size stood at $164.71 billion in 2024
• It is expected to reach $190.03 billion in 2025, growing at a CAGR of 15.4%.
• Forecasted growth to $361.09 billion by 2029 at a CAGR of 17.4% is anticipated.
• This growth can be attributed to increased understanding of glycan biology, advancements in precision medicine, and a surge in immunotherapy interest.
What Is Driving The Growth In The Glycomic Therapeutics Market?
The increase in the prevalence of diabetes is a significant factor propelling the growth of the glycomic therapeutics market. Diabetes, a chronic medical condition that affects the body's ability to regulate blood sugar levels, witnesses alterations in glycans which potentially contribute to insulin resistance and other metabolic abnormalities. Specific glycan patterns serve as biomarkers for diagnosing diabetes, predicting its progress, and monitoring treatment responses. According to IDF Diabetes Atlas, the global prevalence of diabetes is predicted to rise from 643 million in 2030 to 783 million by 2045. This increase in diabetes cases is consequently driving the growth of the glycomic therapeutics market.
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Who Are the Key Players Driving Glycomic Therapeutics Market Growth?
• F Hoffmann-La Roche Ltd.
• Bayer AG
• Sanofi SA
• Thermo Fisher Scientific Inc.
• GlaxoSmithKline plc
• Merck KGaA
• ICON plc
• Agilent Technologies Inc.
• AMS Bio
• Shimadzu Corporation
• Waters Corporation
• Bruker Corporation
• BioMarin Pharmaceutical Inc.
• Bio Techne Corp
• Promega Corporation
• Halozyme Therapeutics Inc.
• Takara Bio Inc.
• Vector Laboratories
• New England Biolabs Inc.
• Protalix Biotherapeutics Inc.
• Genovis AB
• Ray Biotech Life Inc.
• IEC Group
• Ludger Ltd
• Z Biotech LLC
• Alzheon Inc.
• GlycoMar Limited
What Are The Key Trends In The Glycomic Therapeutics Market?
• Expansion of glycomic applications in oncology
• Glycoengineering for enhanced therapeutic proteins
• Inclusion of glycomics in immuno-oncology
• Glycomics in rare and genetic disorders
• Regulatory considerations for glycomic drugs
What Are The Segments Of The Global Glycomic Therapeutics Market?
The global glycomic therapeutics market is segmented by:
• Class: Isolated, Synthetic
• Structures: Glycoproteins, Targeting Sialic Acid, Proteoglycans, Targeting Glycosaminoglycans, Glycosylphosphatidylinositol (GPI)-Anchored Proteins And Heparin Based Glycans, Targeting Glycosphingolipids, Other Structures
• Mode Of Action: Inhibits Neuraminidase, Inhibits Heparanase And Selectins And Blocks Interactions Between Growth Factors And Heparan Sulfate, Erythropoietin And Enzyme Replacement Therapy (ERT), Tissue Plasminogen Activator, Inhibits Glucosylceramide Synthase, Interleukin 1,2 And 3, Beta And Gamma Interferons, Other Mode Of Action
• Indications: Thrombosis And Chemoprophylaxis, Anemia, Anti-Adhesive And Anti-Inflammatory, Cataracts, Gaucher's Disease, MPS-1 And IV, Cancer, Alzheimer's Disease, Influenza Type A and B, Other Indications
Which Region Leads The Glycomic Therapeutics Market?
North America was the largest region in the glycomic therapeutics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the coming years. The report covers various regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for a comprehensive grasp of the global market.
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What Is Covered In The Glycomic Therapeutics Market Global Market Report?
- Market Size Analysis: Analyze the Glycomic Therapeutics Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Glycomic Therapeutics Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Glycomic Therapeutics Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Glycomic Therapeutics Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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