Peptide Therapeutics Market Size is Expected to Reach USD 85.9 billion, Advancing at a CAGR of 9.6% by 2031: Transparency Market Research Inc.
Innovations improving peptide stability and half-life, extending therapeutic efficacy and reducing dosing frequency.
Wilmington, Delaware, United States, Transparency Market Research Inc. -, Sept. 04, 2024 (GLOBE NEWSWIRE) — The global peptide therapeutics market (ペプチド治療薬市場) is estimated to thrive at a CAGR of 9.6% from 2023 to 2031. Transparency Market Research projects that the overall sales revenue for peptide therapeutics
Peptide Therapeutics Market Growth Drivers & Trends
- Increasing prevalence of chronic diseases drives demand for targeted and personalized therapies, propelling growth in the peptide therapeutics market.
- Advancements in peptide synthesis and delivery technologies enhance efficacy and expand treatment options.
- Rising investments in biopharmaceutical R&D foster innovation and pipeline expansion for peptide-based drugs.
- Growing acceptance of biologics and biosimilars fuels adoption of peptide therapeutics for various therapeutic applications.
- Strategic collaborations and partnerships between pharmaceutical companies and research institutions accelerate drug development and commercialization in the peptide therapeutics market.
Global Peptide Therapeutics Market: Regional Profile
- In North America, particularly the United States, the market is propelled by robust healthcare infrastructure, significant R&D investments, and a high prevalence of chronic diseases. Key players such as Eli Lilly and Company and Amgen Inc., drive innovation, supported by favorable regulatory frameworks fostering drug development and commercialization.
- Europe boasts a mature market for peptide therapeutics, led by countries like Germany, the United Kingdom, and France. Strong emphasis on biopharmaceutical research, coupled with government initiatives promoting healthcare access, fuels market growth. Partnerships between academia and industry foster collaborative research efforts, driving advancements in peptide-based therapies.
- The Asia Pacific region emerges as a rapidly expanding market, propelled by rising healthcare expenditures, increasing patient awareness, and a growing geriatric population.
- Countries like China, Japan, and India witness significant investments in biotechnology and pharmaceutical sectors, facilitating market expansion. Local players and multinational corporations strategically invest in this region to capitalize on its vast market potential and favorable regulatory landscape.
Peptide Therapeutics Market: Key Segments
By Product Type
- Innovative
- Generic
By Application
- Metabolic
- Oncology
- Gastrointestinal
- Cardiovascular
- Neurological
- Others
By Route of Administration
- Parenteral
- Oral
- Others
By Types of Peptide
- Native Peptides
- Analog Peptides
- Heterologous Peptides
By Technology
- Liquid Phase
- Solid phase
- Hybrid
By Manufacturing Type
- In-house
- CMO
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
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