Future market Insights (FMI) has published a new report titled, ‘Peptide Therapeutics Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2030’. According The global peptide therapeutics market was valued at US$ 25.6 Bn in 2019, and is expected to exhibit a healthy CAGR of 11% during the forecast period (2020-2030).
Increased incidence of cancer, presence of active product range, cumulative acceptance of sedentary lifestyle leading to rising of metabolic diseases, emerging healthcare markets, are key factors contributing to high CAGR of Peptide Therapeutics market during the forecast period
“Higher efficacy, widespread availability, and future generic competition are amongst the key factors expected to shape the peptide therapeutics market across the world. With increasing regional product adoption in Asia Pacific (APAC) and the Middle East & Africa (MEA), market players are driving their attention towards these regions for sustained growth.”
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Parenteral Segment Hold a Major Share of Global Peptide Therapeutics Market
In terms of route of administration, the global peptide therapeutics market has been classified into parenteral, oral and others.
The parenteral segment dominated the peptide therapeutics market. The parenteral route of administration is the most common as it ensures faster and better bioavailability, faster onset time and better treatment outcomes. However, with advances in drug delivery technologies there has been a change in the trend of route of administration of therapeutic peptides
COVID-19 Pandemic to Hit Profit Margins of Manufacturers
The COVID-19 pandemic has been severely affecting the global economic order, and, in turn, overwhelming almost every industry, with the healthcare industry at the front line of the pandemic.
As the epidemiological numbers continue to rise, governments around the world have imposed travel restrictions, self-quarantines, and social distancing norms. This will adversely affect businesses and consumer spending until Q2 ends. These factors will have a negative impact on the global peptide therapeutics market.
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PEPTIDE THERAPEUTICS MARKET TAXONOMY
The global peptide therapeutics market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the readers.
- Cardiovascular Diseases
- Central Nervous Systems
- Metabolic Disorders
- Hematological Disorders
- Gastrointestinal Disorders
- Respiratory Disorders
- Other Applications
Route of Administration
- Parenteral Route
- Mucosal Route
- Oral Route
- Transdermal Route
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan
The global peptide therapeutics market is fragmented in terms of number of players. Key players in the global peptide therapeutics market include Amgen, Inc., Bachem Holding AG, Eli Lilly and Company, F. Hoffmann-La Roche Ltd., GlaxoSmithKline plc, Novartis AG, Pfizer, Inc., Sanofi, Takeda Pharmaceutical Company Limited and Teva Pharmaceutical Industries Ltd.
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What the report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020 to 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company Profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.