Peptide Therapeutics Market Forecast to 2027 – COVID-19 Impact and Analysis – by Type, Route of Administration, Synthesis Technology, and Application
According to our new research study on “Peptide Therapeutics Market Forecast to 2027 – COVID-19 Impact and Analysis – by Type, Route of Administration, Synthesis Technology, and Application,” the peptide therapeutics market is expected to reach US$ 50,003.15 million by 2027 from US$ 24,878.55 million in 2019; it is estimated to grow at a CAGR of 9.2% from 2020 to 2027. The report highlights trends prevailing in the market, and the factors driving and hindering the market growth. The growth of the peptide therapeutics market is mainly attributed to the growing investments on peptide therapeutics and increasing prevalence of metabolic disorders and infectious diseases. However, operational limitations of peptides deter the market growth.
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Peptides are naturally occurring biological molecules that play a prominent role in important biological activities. There are extensive efforts have been taken in pharmaceutical research and development (R&D) to innovate new peptides for the treatment of chronic conditions. Over 7000 naturally occurring peptides have been identified in recent years, which have crucial roles in human physiology, including actions as neurotransmitters, hormones, ion channel ligands, and growth factors, amongst others.
Increasing utilization of peptide molecules for the development of COVID-19 vaccine is estimated to have a positive impact on the market growth. Moreover, extensive support from government authorities for the use of peptides for COVID-19 vaccine development is also anticipated to offer potential opportunity for the adoption of peptides, which will eventually accelerate the growth of peptide therapeutics market.
Eli Lilly and Company, Amgen Inc., TEVA PHARMACEUTICAL INDUSTRIES LTD, Polypeptide Group, EVER Pharma GmbH, Bristol-Myers Squibb Company, Novo Nordisk A/S, Sanofi, AstraZeneca PLC, and Glaxosmithkline PLC are among the leading companies operating in the peptide therapeutics market.
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The report segments global Motor Controller Market as follows:
Peptide Therapeutics Market – by Type
· Innovative
· Generic
Peptide Therapeutics Market – by Route of Administration
· Parenteral
· Mucosal
· Oral
· Pulmonary
· Others
Peptide Therapeutics Market – by Synthesis Technology
· Solid Phase Peptide Synthesis (SPPS)
· Liquid Phase Peptide Synthesis (LPPS)
· Hybrid Technology
Peptide Therapeutics Market – by Application
· Cancer
· Metabolic Disorder
· Cardiovascular Disorder
· Respiratory Disorder
· Pain
· Dermatology
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