Peptide Therapeutics Market Growth Accelerated by Technological Advancements
Peptide Therapeutics Market Growth Accelerated by Technological Advancements
The global Peptide Therapeutics Market is estimated to be valued at US$ 51133.71 Bn in 2024 and is expected to exhibit a CAGR of 8.9% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Peptide therapeutics are short chains of amino acids linked by peptide (amide) bonds. They are used to treat conditions such as cancer, metabolic disorders, cardiovascular disease, and infectious diseases. The rising prevalence of chronic diseases and growing focus on personalized medicine have increased the adoption of peptide therapeutics. They possess high target specificity, excellent safety profiles, limited immunogenicity, and are selectively absorbed by the human body. 

Market key trends:

Technological advancements are one of the major trends fueling the growth of the peptide therapeutics market. Researchers are developing novel techniques to enhance the stability, solubility, and potency of peptide drugs. For instance, structural modifications through cyclization, PEGylation, lipidation, and using unnatural and D-amino acids to enhance bioavailability and resistance to proteolytic degradation. Companies are also exploring delivery technologies like pulmonary, transdermal, and oral formulations of peptide drugs to improve patient compliance over injection-based delivery. These technological innovations are increasing the applications of peptide therapeutics, which is expected to drive market growth over the forecast period.

Segment Analysis

The global peptide therapeutics market is dominated by cancer segment. Cancer is the leading cause of death worldwide and one of the most prevalent diseases. Rising global incidence of different types of cancer and increasing availability of peptide drugs for cancer treatment has boosted the growth of cancer segment.

Key Takeaways

The Global Peptide Therapeutics Market Growth is expected to witness high.

Regional analysis: North America region currently dominates the global peptide therapeutics market and is expected to maintain its dominance during the forecast period. Growing prevalence of metabolic disorders and cancers, availability of advanced healthcare facilities are some key factors driving the market growth in this region.

Key players operating in the Peptide Therapeutics market are Amgen, Teva, Eli Lilly, Novo Nordisk, Sanofi, Bristol-Myers Squibb, AstraZeneca, GlaxoSmithKline, Bachem Holding, Pfizer.

Explore more information on this topic, Please visit - 

https://www.insightprobing.com/peptide-therapeutics-market-share-and-demand-analysis/ 

Explore more trending article related this topic - 

https://www.marketwebjournal.com/to-grow-substantially-due-to-increasing-prevalence-of-diabetes-and-obesity/ 

https://whotimes.com/beyond-dna-exploring-the-frontier-of-creation-through-the-lens-of-synthetic-biology/ 

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