Insights on the Recombinant Peptide Market to 2022 | Industry Statistics, Emerging Demands, Forecast to 2028
The global recombinant peptide market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Peptides are extremely active and highly specific drug substances. They are used in an extensive range of therapeutic areas on account of the diversity of their biological functions. Peptides are gradually entering drug development pathways as potential active pharmaceutical ingredients (API) on the back of their hefty chemical space, high biological activity, high specificity, relative ease of synthesis, ready availability, and low toxicity. The market growth is expected to be driven by the surging use of peptides in pharmaceutical drugs, growth in research activities and availability of funding for R&D, and the development of advanced automated peptide synthesizers across the globe.
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Peptides are extensively used in three prominent therapeutics areas namely
oncology, diabetes, and obesity. Moreover, the demand for peptides is soaring
for the treatment of cardiovascular and neurodegenerative diseases, renal
failure, and rare diseases. Further, the development of personalized medicines
globally is expected to create ample opportunities for market growth in the
near future. Interest in personalized treatment has been driven by the concept
of tailored therapy with the best response and highest safety margin to ensure
better patient care. Some key players operating in the market include Amgen
Inc., Novartis International AG, and Biocon Ltd., among others. These players
are eyeing on strengthening their position in the market by adopting various
strategies as mergers and acquisitions, partnerships, collaborations, new
product launch and development in the existing product portfolio, and so on.
Market Coverage
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The market number available for – 2021-2028
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Base year- 2021
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Forecast period- 2022-2028
Segment Covered-
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By Type
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By Application
Regions covered-
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North America
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Europe
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Asia-Pacific
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Rest of the World
Competitive Landscape: Amgen Inc., Novartis International AG, and Biocon
Ltd., among others.
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Global Recombinant Peptide Market Report by Segment
By Type
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Glucagon
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Calcitonin
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Others
By Application
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Oncology
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Blood Disorders
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Infectious Diseases
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Autoimmune Diseases
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Others
Global Recombinant Peptide Market Report by Region
North America
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United States
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Canada
Europe
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UK
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Germany
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Spain
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France
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Italy
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Rest of Europe
Asia-Pacific
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India
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China
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Japan
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South Korea
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Rest of APAC
Rest of the World
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Latin America
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Middle East & Africa
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