Phage Display Screening Library Market Size Driven by Advances in Drug Discovery and Life Sciences | Valuates Reports

Phage Display Screening Library Market Size
The global market for Phage Display Screening Library was valued at US$ 359 million in the year 2024 and is projected to reach a revised size of US$ 498 million by 2031, growing at a CAGR of 4.9% during the forecast period.

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The Phage Display Screening Library Market is witnessing strong market growth, fueled by increasing demand for novel therapeutics, rapid drug discovery methods, and advancements in biotechnology. Market trends highlight the growing use of phage display libraries in life sciences research, antibody development, and precision medicine, driving significant expansion in market size.

By type, the market is segmented into Antibody Display Libraries, Peptide Display Libraries, and Protein Display Libraries. Among these, antibody display libraries account for the largest market share, as they are widely used in therapeutic antibody discovery and development. The peptide display library segment is expected to register the fastest market growth, driven by its application in identifying binding motifs and therapeutic peptides. The protein display library segment also plays a vital role in functional protein research and enzyme engineering.

By application, the life sciences sector dominates the market share, supported by ongoing academic and clinical research in genomics, proteomics, and immunology. The drug development segment is projected to expand rapidly as pharmaceutical companies adopt phage display technology to accelerate lead discovery, improve hit-to-lead optimization, and reduce overall R&D costs. Other applications, including diagnostics and biomarker discovery, are further boosting market adoption.

Looking ahead, the market forecast indicates robust growth, driven by increasing investments in biotechnology, the rising prevalence of chronic diseases requiring advanced therapeutics, and continuous innovations in phage display platforms. As a result, the Phage Display Screening Library Market is set to become an essential enabler of next-generation drug discovery and precision medicine.

Segment by Type

• Antibody Display Library
• Peptide Display Library
• Protein Display Library

Segment by Application

• Life Sciences
• Drug Development
• Other

By Company

Creative Biolabs, CD Genomics, Sino Biological, ProteoGenix, IRBM, Cusabio, Duke University, Biomolecular Discovery Services, Elabscience

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This release was published on openPR.