Global Peptide Therapeutics Market Report 2023: Sector is Expected to Reach $69.3 Billion by 2030 at a CAGR of 6.6%


Dublin, May 25, 2023 (GLOBE NEWSWIRE) -- The "Peptide Therapeutics Market, By Product Type, By Application, By Route of Administration, and By Region - Size, Share, Outlook, and Opportunity Analysis, 2023-2030" report has been added to ResearchAndMarkets.com's offering.

This report provides in-depth analysis of the global peptide therapeutics market, and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year.

Company Profiles

  • Teva Pharmaceutical Industries Ltd.
  • Novo Nordisk A/S
  • OPKO Health, Inc.
  • Lilly
  • Hanmi Pharm.Co.
  • Sanofi
  • Circle Pharma
  • Pfizer Inc.
  • Novartis AG
  • PeptiDream Inc.
  • Amgen Inc.
  • AstraZeneca
  • Bachem Holding AG
  • CordenPharma International
  • Ipsen Pharma
  • Merck KGaA
  • PolyPeptide Group
  • Bayer AG

Peptide drug development has grown immensely due to new manufacturing, modification, and analytical techniques. Peptides are generated and modified using both chemical and biological methods, along with new design and delivery strategies that overcomes the inherent drawbacks of peptide and enables continued progress in this field.

A wide variety of natural and modified peptides have been obtained and studied covering multiple therapeutic area such as cardio metabolic, immunology and dermatology, oncology, etc. Peptide drug development entered a new era with the advent of the 21st century, since then advances in structural biology, recombinant biologics, and new synthetic and analytic technologies have significantly accelerated the process. A sophisticated system of peptide drug development has been established, including peptide drug discovery, drug design, peptide synthesis, structural modification, and activity evaluation.

Therapeutic peptides are a unique class of pharmaceuticals composed of an ordered series of amino acids, typically with molecular weights between 500 and 5000 Da.

Market players are developing novel and innovative peptide therapeutics to provide tailored solutions for target patients, by enhancing biocompatibility and potent therapeutic efficacy. Increasing prevalence of cancer, cardiovascular diseases, and diabetes mellitus is projected to drive growth of the peptide therapeutics market over the forecast period.

Increasing adoption of organic growth strategies such as collaborations by key players in the market in order to expand their product portfolio, is expected to drive the market growth over the forecast period. For instance, in January 2023, Lilly, one of the world's largest pharmaceutical companies, and Merck, a global healthcare company, announced their partnership for peptide-targeted drug delivery, collaborating to acquire PeptiDream which is a biopharmaceutical company.

Key features of the study:

  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global peptide therapeutics market based on the following parameters-company highlights, products portfolio, key highlights, financial performance, and strategies
  • Insights from this report will allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • Global peptide therapeutics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global peptide therapeutics market

Key Attributes:

Report AttributeDetails
No. of Pages184
Forecast Period2023 - 2030
Estimated Market Value (USD) in 2023$44386.9 Million
Forecasted Market Value (USD) by 2030$69385.3 Million
Compound Annual Growth Rate6.5%
Regions CoveredGlobal

Detailed Segmentation:

by Product Type:

  • Branded Peptide
  • Generic Peptide

by Application:

  • Cancer
  • Cardiovascular diseases
  • Metabolic diseases
  • Respiratory diseases
  • Infectious diseases
  • Others

by Route of Administration:

  • Oral Administration
  • Parenteral Administration
  • Others

For more information about this report visit https://www.researchandmarkets.com/r/5rqtic

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Global Peptide Therapeutics Market

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