Peptide Synthesis Market 2023 to 2033: Advanced R&D Process Strategies
The peptide synthesis market is predicted to capture a valuation of US$ 520.0 million in 2023 and is estimated to reach US$ 1.1 billion by 2033. The market is likely to register a CAGR of 8% during the forecast period.
The increasing demand
for peptide synthesis is due to rising metabolic disorders and a
growing number of chronic patients. The growing adoption of peptide
synthesis is due to increasing broad chemical, high biology
activities, and low toxicity. Rise in chronic diseases such as diabetes,
oncology, and obesity during the forecast period.
Rising demand for pharmacological
components for medication is driving market expansion. Increasing
cardiovascular, neurological illness and renal failure treatment boost
the adoption of peptide synthesis.
Governments' initiative
programs, advanced healthcare therapy with adopting the latest technology, and
research and development activities are further surging the market opportunities.
Rising consumer
healthcare and pharmaceutical sectors are increasing the demand for peptide
synthesis. Moreover, the growing malignancies, uneven lifestyles, and
deadly diseases propel market opportunities. Due to its effective result, the growing
popularity of enzymatic technology upsurges market growth among
patients.
Key Takeaways:
- The peptide synthesis market is
expected to have a valuation of US$ 1.1 billion by 2033.
- With a CAGR of 8%, the global market increasing
from 2022 to 2033.
- The United States peptide synthesis
market is anticipated to record a CAGR of 7.8% through 2033.
- With a CAGR of 7.1%, the United Kingdom market
significantly uplifts during the forecast period.
- China's market is expected to hold a CAGR of 7.4%
over the forecast period.
- Japan's market captured a CAGR of 6.5% from 2023
to 2033.
Competitive
Landscape:
The present prominent players
fragmented the market. These players invested a huge amount in research and
development activities to acquire maximum output. Through their marketing
strategies, these prominent players upsurge the market growth.
Get More Insights@
https://www.futuremarketinsights.com/reports/peptide-synthesis-market
Key Players:
- GenScript Biotech Corporation
- Bachem Holding AG
- Thermo Fisher Scientific Inc
- Merck KGaA
- Kaneka Corporation
Peptide
Synthesis Market by Category
By
Product and Services:
- Reagents
- Equipment
- Services
By
Technology:
- Solid-phase
peptide Synthesis
- Solution-phase
Peptide Synthesis
- Hybrid
& Recombinant Technology
By End
Use:
- Pharmaceuticals
& Biotechnology Companies
- CDMOs
& CROs
- Academics
& Research Institutes
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