Since peptides are naturally occurring molecules, researchers use synthetic peptide synthesis to produce specific peptides for research purposes. There are several steps involved in peptide synthesis. Among these are the assembly, cleavage, purification, and characterization steps. To determine peptides’ biological activity, the products of peptide synthesis are characterized using amino acid analysis, high-performance liquid chromatography, capillary electrophoresis, and mass spectrometry. Peptide synthesis has become one of the most important methodologies in bio-organic chemistry for research and diagnosis.
The market is expected to witness significant growth on the account of growing incidence of infectious diseases. For instance, according to an article published by the Centers for Disease Control and Prevention (CDC) in February 2020, reports that the number of visits with infectious and parasitic diseases to physician offices as the primary diagnosis were 15.5 million in 2016 in the U.S.
The global peptide synthesis market is estimated to be valued at US$ 348.9 million in 2020 and is expected to exhibit a CAGR of 6.6% during the forecast period (2020-2027).
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Inorganic strategies such as collaborations by market players for peptide synthesis is expected to propel growth of the global peptide synthesis market
Major players are focusing on expanding their business with inorganic strategies such as collaborations and this is expected to boost the market growth over the forecast period. For instance, in January 2018, Imcyse SA, a clinical-stage biotech company based in Belgium entered into a collaboration with leading multinational pharmaceutical corporation, Pfizer, Inc. The collaboration aimed at development of a certain modified peptide called Imotope. This particular peptide is synthesized for treating rheumatoid arthritis and other chronic diseases.
Additionally, growing incidence of cancer cases is expected to boost the market growth. For instance, according to an article published by the World Health Organization in 2018, 18.1 million new cancer cases are reported every year across the globe. Among these, 300,000 cases are diagnosed among children aged 0 to 19 years.
Growing cancer cases in North America is expected to boost the market growth
North America is expected to hold leading position in the global peptide synthesis market, due to growing new cases of cancer in the region. For instance, according to an article published by the American Cancer Association in 2018, reports that around 1,735,350 new cancer cases were diagnosed and 609,640 cancer deaths occurred in the U.S.
Global Peptide Synthesis Market – Impact of Coronavirus (COVID-19) Pandemic
The coronavirus (COVID-19) pandemic and lockdowns in various countries across the globe have impacted the financial status of businesses in all sectors. The private healthcare is one such sector, which has been impacted significantly by the COVID-19 pandemic.
The lockdown in various countries due to the pandemic has placed an economic burden on the healthcare sector. Moreover, the coronavirus pandemic has hampered the development, production, and supply of drugs and other healthcare products and affected growth of healthcare businesses of various companies across the globe.
As a result, the impact of the COVID-19 pandemic is also expected to limit growth of the global peptide synthesis market during the forecast period.
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Key Players
Major players operating in the global peptide synthesis market include GenScript Biotech Corporation, Merck KGaA, ThermoFisher Scientific Inc., Syngene, Lonza, Novo Nordisk A/S, Bachem Holding AG, Gyros Protein Technologies, Creative Diagnostics, CEM Corporation, PuroSynth, AAPPTec, and Biotage AB among others.
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◘ Add weight to presentations and pitches by understanding the future growth prospects of the emerging Peptide Synthesis Market with five year historical forecasts
◘ Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region
The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Peptide Synthesis Market in 2028 is also explained. Additionally, type wise and application wise consumption tables and figures of Peptide Synthesis Market are also given.
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Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Peptide Synthesis Market Size Analysis from 2020 to 2027
11.6 COVID-19 Outbreak: Peptide Synthesis Industry Impact
Chapter 2 Global Peptide Synthesis Competition by Types, Applications, and Top Regions and Countries
2.1 Global Peptide Synthesis (Volume and Value) by Type
2.3 Global Peptide Synthesis (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Peptide Synthesis Sales, Consumption, Export, Import by Regions
Chapter 5 North America Peptide Synthesis Market Analysis
Chapter 6 East Asia Peptide Synthesis Market Analysis
Chapter 7 Europe Peptide Synthesis Market Analysis
Chapter 8 South Asia Peptide Synthesis Market Analysis
Chapter 9 Southeast Asia Peptide Synthesis Market Analysis
Chapter 10 Middle East Peptide Synthesis Market Analysis
Chapter 11 Africa Peptide Synthesis Market Analysis
Chapter 12 Oceania Peptide Synthesis Market Analysis
Chapter 13 South America Peptide Synthesis Market Analysis
Chapter 14 Company Profiles and Key Figures in Peptide Synthesis Business
Chapter 15 Global Peptide Synthesis Market Forecast (2020-2027)
Chapter 16 Conclusions
Research Methodology….
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