Press release
Increasing Aging Population Drives Demand For Biosimilar Therapeutic Peptides In Chronic Disease Management: A Significant Driver Propelling The Biosimilar Therapeutic Peptides Market In 2025
Biosimilar Therapeutic Peptides
How Big Is the Biosimilar Therapeutic Peptides Market Size Expected to Be by 2034?
The biosimilar therapeutic peptides market size has grown exponentially in recent years. It will grow from $2.06 billion in 2024 to $2.68 billion in 2025 at a compound annual growth rate (CAGR) of 30.3%. This rapid growth is attributed to the increasing demand for cost-effective therapeutics, supportive regulatory frameworks, patent expirations of biologic drugs, the rising prevalence of chronic diseases, and well-established manufacturing processes for biosimilars.
The biosimilar therapeutic peptides market is expected to grow rapidly to $4.87 billion in 2029 at a CAGR of 16.1%. This is fueled by broader treatment applications, global aging, competitive market dynamics, alliances, and patient demand for non-invasive options. Notable trends include biotech innovation, higher biologic demand, efficient production methods, affordability focus, and technological improvements.
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What Are the Emerging Segments Within the Biosimilar Therapeutic Peptides Market?
The biosimilar therapeutic peptides market covered in this report is segmented -
1) By Type: Innovative, Generic
2) By Route Of Administration: Parenteral Route, Transdermal Route, Other Route Of Administrations
3) By Application: Cancer, Cardiovascular, Central Nervous Systems, Metabolic Disorders, Infection, Hematological Disorders, Gastrointestinal Disorders, Dermatology, Respiratory Disorders
Subsegments:
1) By Innovative: Long-Acting Peptides, Combination Peptides
2) By Generic: Monoclonal Antibodies, Hormones, Enzymes
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What Long-Term Drivers Are Shaping Biosimilar Therapeutic Peptides Market Trends?
The increasing aging population is expected to lead to more cases of chronic diseases, thereby contributing to the growth of the biosimilar therapeutic peptides market. Elderly individuals are more susceptible to chronic conditions, and the global population over 60 is predicted to reach 2 billion by 2050, according to the World Health Organization. The growing demand for treatments for chronic diseases and cancers among the aging population is expected to drive the biosimilar therapeutic peptide market.
Who Are the Top Competitors in Key Biosimilar Therapeutic Peptides Market Segments?
Major companies operating in the biosimilar therapeutic peptides market include Pfizer Inc., F. Hoffmann-La Roche Ltd., Merck & Co. Inc., Novartis AG, Sanofi SA, AstraZeneca plc, GlaxoSmithKline plc, Takeda Pharmaceuticals Co. Ltd., Eli Lilly and Company, Amgen Inc., Novo Nordisk A/S, BioXpress Therapeutics SA, Apotex Inc., Teva Pharmaceuticals Industries Ltd., Sandoz International GmbH, Lonza Inc., Stada Arzneimittel AG, Ipsen S.A, Biocon Biopharmaceuticals Pvt. Ltd., Dr. Reddy's Laboratories Ltd., Alvogen Pharma US Inc., Corden Pharma GmbH, Bachem Holding AG, PolyPeptide Laboratories Ltd., PeptiDream Inc., Coherus BioSciences Inc., Celltrion Inc., BioPartners Inc., Samsung Bioepis Co. Ltd.
What Trends Are Expected to Dominate the Biosimilar Therapeutic Peptides Market in the Next 5 Years?
Companies in the biosimilar therapeutic peptide market are developing research platforms to optimize peptide synthesis, enhance production efficiency, and ensure consistent quality throughout the discovery and commercialization phases. The Biodrug Design Accelerator platform is designed to manage research processes in peptide drug discovery, which is a promising field for new drug development. For example, in May 2023, Fujitsu Limited, a US-based company, launched the Biodrug Design Accelerator platform to help accelerate peptide drug discovery, improving efficiency and facilitating communication between scientists during the drug development process.
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Which Regions Are Becoming Hubs for Biosimilar Therapeutic Peptides Market Innovation?
The countries covered in the biosimilar therapeutic peptides market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Biosimilar Therapeutic Peptides Market?
2. What is the CAGR expected in the Biosimilar Therapeutic Peptides Market?
3. What Are the Key Innovations Transforming the Biosimilar Therapeutic Peptides Industry?
4. Which Region Is Leading the Biosimilar Therapeutic Peptides Market?
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