Peptide Synthesis Market Analysis

  • Report ID: 4800
  • Published Date: Jun 17, 2024
  • Report Format: PDF, PPT

Peptide Synthesis Market Analysis

Product (Equipment, Reagents & Consumables)

The reagent & consumable segment is expected to dominate the global peptide synthesis market registering a CAGR of 53% by the end of 2036. This section includes both inorganic and organic substances that are employed in the production of various peptide types. The market is expanding as a result of the growing need for peptides in medication discovery and research. For instance, research on peptide hormones resulted in 6020 items in the HORDB database, comprising 5720 peptide hormones and 42 peptide medicines.

End User {Pharmaceutical & Biotechnology Companies, Contract Development & Manufacturing Organization (CDMO), Research Institutes}

Peptide synthesis market from the pharmaceutical and biotechnology company segment is estimated to witness the highest CAGR of 35% in the estimated period. The segment's expansion may be ascribed to the brisk expansion of biotechnology and pharmaceutical firms, the rise in biologic drug production, and expanding public knowledge of peptide synthesis technology. The Indian pharmaceutical sector is set to reach USD 130 billion by the end of 2030. Peptide synthesis technology is in higher demand due to the growth in the amount of pharma and biotechnology firms, which has resulted in the creation of more sophisticated peptide synthesis products.

Our in-depth analysis of the global Peptide synthesis market includes the following segments:

 

     Product

  • Equipment
  • Reagents & Consumables

 

 

     Technology

  • Solid Phase
  • Liquid Phase
  • Hybrid & Recombinant

 

 

 

     End User

  • Pharmaceutical & Biotechnology Companies
  • Contract Development and Manufacturing Organization (CDMO)
  • Research Institutes
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Browse Key Market Insights with Data Illustration:


Author Credits:  Rajrani Baghel


  • Report ID: 4800
  • Published Date: Jun 17, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of peptide synthesis is evaluated at USD 683.91 Million.

The peptide synthesis market size was over USD 606.73 Million in 2023 and is projected to exceed USD 1.46 Billion by the end of 2036, witnessing over 7.1% CAGR during the forecast period i.e., between 2024-2036. Growing expenditure by the pharmaceutical industry on R&D along with growth in drug approvals and high usage in COVID-19 treatment are some of the major factors anticipated to drive the growth of the market.

North America industry is slated to dominate reveue share by 2036, backed by government and academic institutions increasing efforts to create innovative peptide-based medicinal pharmaceuticals in the region.

CordenPharma International, Evonik, CSBio Company Inc., Bachem Holding, AGBiotage, AAPP Tec, CEM Corporation, ProteoGenix, GenScript, Thermo Fisher Scientific Inc.
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