Peptide Therapeutics Market: Advancing Precision Medicine with Innovative Therapies

 


The global peptide therapies market was worth USD 42.05 billion in 2022 and is expected to increase at a CAGR of 6.3% from 2023 to 2030. During the forecast period, the rising prevalence of cancer and metabolic illnesses such as osteoporosis, obesity, and diabetes will boost the adoption of peptide therapies. Due to the growing number of paediatric patients and the prevalence of target diseases in low-income countries, there is a great demand for cost-effective medications. Peptide therapies are also being investigated as COVID-19 treatments, with researchers looking for molecules that can prevent the mechanisms involved in infection or treat the ensuing diseases.

Download Free Sample Report- https://www.marketdigits.com/request/sample/640                        
                               
The Food and Drug Administration broadened the definition of biologics on February 21, 2020 to include chemically synthesised polypeptides with more than 40 amino acids but fewer than 100 amino acids, as well as synthetic peptides with 40 amino acids or fewer. It is anticipated that the market will benefit from the identification of peptide medications as possible COVID-19 therapies.
Clinical trials in the United States were severely disrupted by the COVID-19 epidemic, which had an impact on the healthcare industry. Non-COVID-19 tests were halted as a result of the relocation of many drug research organisations to remote working settings. As a result, during the global epidemic, COVID-19 is anticipated to have a higher impact on the market for non-COVID-19 peptide therapies.

Recent Development in Peptide Therapeutics Market
 
  • Increasing Number of Peptide-Based Drugs: The peptide therapeutics market witnessed a growing number of approved peptide-based drugs for various medical conditions. Peptide drugs were gaining popularity due to their high target specificity and favorable safety profiles.
  • Advancements in Drug Delivery Systems: Research and development efforts focused on improving drug delivery systems for peptide therapeutics. Novel formulations, such as sustained-release formulations and innovative delivery methods, were being explored to enhance the efficacy and patient compliance of peptide drugs.
  • Expanding Therapeutic Applications: Peptide therapeutics were being investigated for an expanding range of therapeutic applications, including oncology, metabolic disorders, infectious diseases, and autoimmune disorders.
  • Personalized Medicine and Peptide Vaccines: The concept of personalized medicine was gaining momentum, and peptide-based vaccines and therapies tailored to individual patients' genetic profiles were being explored for precision medicine approaches.
  • Combination Therapies: Researchers were studying the potential of combining peptide therapeutics with other treatment modalities, such as chemotherapy, immunotherapy, and targeted therapies, to enhance treatment outcomes.
  • Peptide Biomarkers: Peptides were gaining attention as potential biomarkers for disease diagnosis, prognosis, and therapeutic response prediction. Biomarker discovery using peptide technology had promising applications in precision medicine.
Get a discount on report- https://www.marketdigits.com/request/discount/640                                                               
                                                   
Major Classifications are as follows:

Application Outlook (Revenue, USD Billion, 2023 - 2030)
• Cancer
• Metabolic Disorders
• Cardiovascular Disorders
• Respiratory Disorders
• Gastrointestinal Disorders
• Infectious Diseases
• Pain
• Dermatological Disorders
• Neurological Disorders
• Renal Disorders
• Others
Type Outlook (Revenue, USD Billion, 2023 - 2030)
• Generic
• Innovative
Type Of Manufacturers Outlook (Revenue, USD Billion, 2023 - 2030)
• In-house
• Outsourced
Route Of Administration Outlook (Revenue, USD Billion, 2023 - 2030)
• Parenteral Route
• Oral Route
• Pulmonary
• Mucosal
• Others
Synthesis Technology Outlook (Revenue, USD Billion, 2023 - 2030)
• Solid Phase Peptide Synthesis (SPPS)
• Liquid Phase Peptide Synthesis (LPPS)
• Hybrid Technology
Regional Outlook (Revenue, USD Billion, 2023 - 2030)
• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Spain
• Italy
• Denmark
• Sweden
• Norway
• Asia Pacific
• Japan
• China
• India
• South Korea
• Australia
• South Korea
• Latin America
• Brazil
• Mexico
• Argentina
• Chile
• Middle East & Africa
• South Africa
• UAE
• Saudi Arabia
• Kuwait

Key Players

Eli Lilly and Company, Pfizer Inc., Amgen Inc., Takeda Pharmaceutical Company Limited, AstraZeneca, Teva Pharmaceutical Industries Ltd., Sanofi, F. Hoffmann-La Roche Ltd, Novartis AG, Novo Nordisk A/S, GlaxoSmithKline plc., Ironwood Pharmaceuticals, Inc., Radius Health, Inc., and Ipsen Pharma.

Request for enquiry before buying- https://www.marketdigits.com/request/enquiry-before-buying/640                                                         

Key Questions Addressed by the Report

• What are the growth opportunities in the Peptide Therapeutics Market?
• What are the major raw materials used for manufacturing Peptide Therapeutics Market?
• What are the key factors affecting market dynamics?
• What are some of the significant challenges and restraints that the industry faces?
• Which are the key players operating in the market, and what initiatives have they undertaken over the past few years

Peptide Therapeutics Market Frequently Asked Questions (FAQs):
 
  • What is the biggest limitation of peptide based drugs?
  • Why are therapeutic peptides preferred over protein drugs?
  • How do peptide therapeutics work?
  • What are the advantages of peptide therapeutics over traditional drugs?
About MarketDigits:

MarketDigits is one of the leading business research and consulting companies that helps clients to tap new and emerging opportunities and revenue areas, thereby assisting them in operational and strategic decision-making. We at MarketDigits believe that market is a small place and an interface between the supplier and the consumer, thus our focus remains mainly on business research that includes the entire value chain and not only the markets.
We offer services that are most relevant and beneficial to the users, which help businesses to sustain in this competitive market. Our detailed and in-depth analysis of the markets catering to strategic, tactical, and operational data analysis & reporting needs of various industries utilize advanced technology so that our clients get better insights into the markets and identify lucrative opportunities and areas of incremental revenues.

Contact US:

1248 CarMia Way Richmond,
VA 23235, United States.
Phone: +1 510-730-3200
Email: sales@marketdigits.com     
Website: https://www.marketdigits.com
 

Comments

Popular posts from this blog

Industrial Robotics Market Surges Ahead with Innovative Technologies and Strong Growth Prospects

Revenue Cycle Management Market Surging Due to Technological Advancements and Healthcare Industry Acceptance

North America Pea Protein Market Surges with Increasing Demand for Plant-Based Protein Alternatives