Peptide Synthesis Market Size

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. In the year 2024, the industry size of peptide synthesis is evaluated at USD 683.91 Million. The market growth can be attributed to the escalating integration of precision medicines and the high demand for personalized medicine. The development of personalized medicines enables doctors to tailor treatments to each individual patient’s oriented needs and characteristics. Thus, with increasing investment in the R&D of precise medicines the demand for peptide synthesis is expected to increase in the future.

Besides, there are more factors behind the expansion of the peptide synthesis market such as rising emphasis on protein-based therapeutics such as recombinant proteins, and the high prevalence of cardiovascular diseases, reported by the World Health Organization every year around 17.9 million deaths take place globally due to cardiovascular diseases.