The global glycosylated peptide market is anticipated to grow at a considerable CAGR during the forecast period (2022-2028). The global market for the glycosylated peptide is growing due to the increasing prevalence of diabetes across the globe and the growing geriatric population along with unhealthy lifestyles will drive the market during the forecast period. Furthermore, significant growth in the biopharmaceutical industry and increasing R&D activities to develop more targeted glycosylated peptides further boost the growth of the market.
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Moreover, increasing investment by the pharmaceutical companies to increase the utilization of the glycosylated peptide products and mergers with other companies will further drive the global glycosylated peptide market. For instance, in February 2022, Biocon Biologics Ltd. a subsidiary of Biocon ltd. announced that the company has entered into a definitive agreement with its partner Viatris Inc. to acquire Viatris’ biosimilars business to create a unique fully integrated global biosimilars enterprise. Viatris will receive consideration of up to $3.335 billion, including cash up to $2.335 billion and compulsorily convertible preference shares in Biocon Biologics Ltd. valued at $1 billion.
However, the major challenge faced by the global glycosylated peptide market is the complexities of manufacturing and the high cost of the active pharmaceutical ingredient (API), which in turn in will restrain the growth of the market. Furthermore, low economic conditions and a lack of favorable insurance systems may also hinder the growth of the global glycosylated peptide market. Moreover, some major players in the market include Bachem Group, Biocon Ltd., Celltrion Healthcare Co. Ltd., Dr. Reddy’s Laboratories Ltd., Teva Pharmaceutical Industries Ltd., among others.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
Segment Covered-
- By Type
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- Bachem Group, Biocon Ltd., Celltrion Healthcare Co. Ltd., Dr. Reddy’s Laboratories Ltd., Teva Pharmaceutical Industries Ltd., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Glycosylated Peptide Market Report Segment
By Type
- Monoclonal Antibodies (MABS)
- Erythropoietin (EPO)
- Others
By Application
- Oncology
- Blood Disorder
- Others
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Glycosylated Peptide Market– Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- CPC Scientific Inc.
- Equillium, Inc.
- GlyTech, Inc.
- JPT Peptide Technologies GmbH
- Medtronic plc
- Pfizer Inc.
- Hoffmann-La Roche Ltd.
- Sandoz International GmbH
- Samsung Bioepis Co. Ltd.
- Sussex Research Laboratories Inc.
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