Peptide Synthesis Market is given a growth halo in the form of a flourishing pharmaceutical sector and growing demand for peptide drugs
Global Peptide Synthesis Market is projected to meet a market valuation of US$ 546.3 Million in 2021 and is anticipated to grow at a CAGR of 6.6% during the forecast period (2021-2028), as mentioned in a new report published by Coherent Market Insights.
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Overview
The use of a solid phase peptide synthesizer allows the production of high purity peptides on a large scale. It also allows for multiple sequences to be synthesized simultaneously, providing advanced weapons for the battle against disease. The technology is now being used for vaccine development and has been shown to be highly effective. One of the challenges in developing a robust synthesis protocol is the lack of experience in the field. There are many pitfalls associated with the peptide synthesis process, including using multiple protecting groups or novel coupling reagents. The benefits of solid support peptide synthesis are many. It is possible to develop a high quality, reliable peptide without side effects. A solid phase chemistry process is much faster than solution-phase chemistry.
Competitive Landscape
Major companies contributing to the global peptide synthesis market include Bachem Holding AG, Syngene, Lonza, ThermoFisher Scientific Inc., CEM Corporation, Merck KGaA, AAPPTec, PuroSynth, Creative Diagnostics, Novo Nordisk A/S, and Gyros Protein Technologies.
Drivers
The increasing application of peptides in making pharmaceutical drugs amidst growing demand for targeted drugs is expected to foster growth of the peptide synthesis market throughout the forecast period.
In addition to this, increasing production of peptides using enzymatic technology and rising research activities are expected to further cushion growth of the peptide synthesis market over the forecast period.
Summary of the COVID-19 Debacle
The inception of the COVID-19 crisis has catalyzed the prospects of the global peptide synthesis market. The pandemic-driven surge in demand for immunity-boosting drugs to combat virus transmission has positively influenced the market. On top of that, the advent of disease-based drug designs is further brightening the future of the market.
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Key Takeaways
- The peptide synthesis market is anticipated to grow at a CAGR of 6.6 % during the forecast period owing to increasing research activities and rising investments in the pharmaceutical sector. For instance, in December 2021, researchers at the National University of Australia developed a new method to blend peptide with bismuth for preparing bio-active bicycles.
- From a geographical standpoint, the North American region is a major destination for the global peptide synthesis market in view of the rapid commercialization of peptide drugs and their increasing availability at local drug stores.
- In the runner-up spot, the Asia Pacific region is another profit hub for the global peptide synthesis market on account of rising demand for peptide treatments, increasing spending on healthcare services, and rising awareness of peptide drugs.
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Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product
- Market Snippet, By Technology
- Market Snippet, By Application
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Pipeline Analysis
- Reimbursement Scenario
- Epidemiology
- Pest Analysis
- Regulatory Scenario
- New Product Launches
- Collaborations and Agreements
- Market Trends
- Market Dynamics
- Global Peptide Synthesis Market โ Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Market Scenario
- Impact of COVID-19 Market on the Peptide Synthesis Products
- Global Peptide Synthesis Market, By Product, 2016 โ 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 โ 2027
- Segment Trends
- Reagents & Consumables
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Mn)
- Equipment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Mn)
- Peptide Synthesizers
- Lyophilizers
- Chromatography Equipment
- Introduction
- Global Peptide Synthesis Market, By Technology, 2016 โ 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 โ 2027
- Segment Trends
- Solid Phase
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Mn)
- Liquid Phase
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Mn)
- Hybrid & Recombinant
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Mn)
- Introduction
- Global Peptide Synthesis Market, By Application, 2016 โ 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 โ 2027
- Segment Trends
- Therapeutics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Mn)
- Metabolic Disorders
- Cardiovascular Disorders
- Respiratory Disorders
- Infectious Diseases
- Others
- Diagnosis
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Mn)
- Research
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Mn)
- Introduction
- Global Peptide Synthesis Market, By End User, 2016 โ 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 โ 2027
- Segment Trends
- Pharmaceutical and Biotechnology Companies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Mn)
- Contract Development & Manufacturing Organization (CDMO)/Contract Research Organization (CRO)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Mn)
- Academic and Research Institutes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Mn)
- Introduction
View Press Release: https://www.coherentmarketinsights.com/press-release/peptide-synthesis-market-3596
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