Healthcare sector has witnessed highest number of advancements over the period of last few decades. Novel types of drugs and treatments are adopted by doctors and medical professionals. Peptide-based drugs have been boon to several people who are suffering from chronic diseases like cancer as they happen to affordable and effective at the same time. Many pharmaceutical companies are turning towards peptides. The growth of the global peptide synthesis market is determined by various factors like increased funding for research & development activities.
In the times of COVID-19 pandemic, the global peptide synthesis market saw a spike in demand. New type of treatments were extensively sought in wake of the rising number of casualties across the globe. Peptide-based drugs proved efficient against the dreadful disease and this contributed to this market’s growth.
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As stated above, each passing day numerous pharmaceutical companies are using peptides for development of drugs as they are extremely active along with being biological active at a higher level. Due to these qualities, peptide-based drugs can prove effective against diseases cancer, diabetes and obesity. Extensive use of peptides by pharmaceutical companies is driving the growth of the global peptide synthesis market.
While the use of peptides is fairly new, and not researched enough, several countries are still apprehensive to grant approval. Regulatory issues are forecasted to drag back the global peptide synthesis market in terms of growth.
Despite few hindrances, the global peptide synthesis market is forecasted to witness tremendous growth over the period of next few years. This would be majorly because many people are turning towards personalized treatment or drugs. Peptides are used in tailor-made therapies and this would help this market grow.
By Technology, Solid-phase Peptide Synthesis (SPPS) Technology Segment is forecasted to witness growth at the fastest rate for The Global Peptide Synthesis Market in 2022
Proper addition of protected derivatives of amino acids to peptide chain that is growing on a solid phase is solid-phase peptide synthesis (SPPS) technology. This treatment is already creating a niche for itself among several people.
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Europe Region is Expected to Witness Fastest Growth Over the Forecast Period (2022 – 2030) in the Global Peptide Synthesis Market
The region of Europe would witness growth at the fastest rate as number of people suffering from chronic diseases, and seeking customized treatments are on a rise.
Some of the major players operating in the global peptide synthesis market are listed below:
- Avenit AG (Bachem)
- Buchi AG
- CEM Corporation
- Merck KGaA
- MP BIOMEDICALS
- Thermo Fisher Scientific
- Other Market Participants
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Global Peptide Synthesis Market Segmentation
Global Peptide Synthesis Market has been segmented by offering, technology, application, end users, distribution channel which are further classified into respective countries:
Global Peptide Synthesis Market Offering Outlook (Revenue, USD Million, 2015 - 2030)
- Peptide Synthesizers
- Single Channel Peptide Synthesizers
- Multi-Channel Peptide Synthesizers
- Chromatography Systems
- HPLC Columns
- Analytical Columns
- Prep Columns
- Semi-Prep Columns
- Lyophilizer/ Freeze Dryers
- Peptide Cleavage
- Synthesis Reagents
- Fmoc-Amino Acids
- SPPS Resins
- Coupling Reagents for SPPS
- DMB and Isoacyl Dipeptides
Global Peptide Synthesis Market Technology Outlook (Revenue, USD Million, 2015 - 2030)
- Solid-phase Peptide Synthesis (SPPS) Technology
- Liquid-phase Peptide Synthesis (LPPS) Technology
- Hybrid Synthesis Technology
Global Peptide Synthesis Market Application Outlook (Revenue, USD Million, 2015 - 2030)
- Vaccine Design
- Cancer Diagnosis and Treatment
- Antibiotic Drug Development
- Production of Antibodies
- Mass Spectrometry-based Applications
- Biological and Drug Discovery Research
Global Peptide Synthesis Market End Users Outlook (Revenue, USD Million, 2015 - 2030)
- Academic & Research Institutions
- Pharmaceutical and Biotechnology Companies
- Contract Research Organizations (CROs)
Global Peptide Synthesis Market Distribution Channel Outlook (Revenue, USD Million, 2015 - 2030)
Global Peptide Synthesis Market Regional Outlook (Revenue, USD Million, 2015 - 2030)
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
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