The peptide based metabolic disorders therapeutics global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Peptide Based Metabolic Disorders Therapeutics Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The peptide based metabolic disorders therapeutics market size has grown rapidly in recent years. It will grow from $26.03 billion in 2023 to $29.89 billion in 2024 at a compound annual growth rate (CAGR) of 14.8%. The growth in the historic period can be attributed to the increasing prevalence of metabolic disorders, advancements in peptide synthess technologies, rising healthcare expenditure, a growing aging population, an expanding biopharmaceutical sector, regulatory approvals for new therapies, and increasing awareness about personalized medicine.
The peptide based metabolic disorders therapeutics market size is expected to see rapid growth in the next few years. It will grow to $52.16 billion in 2028 at a compound annual growth rate (CAGR) of 14.9%. The growth in the forecast period can be attributed to the development of novel peptide analogs, rising R&D investments in metabolic disorders, adoption of precision medicine approaches, expansion of emerging markets, collaborations and partnerships in drug development, advancements in delivery technologies, and focus on patient-centric therapies. Major trends in the forecast period include the application of artificial intelligence in drug discovery, the growth of personalized therapies, the utilization of CRISPR/Cas9 for genetic therapies, the integration of wearable devices for patient monitoring, the development of oral peptide formulations, the rise of digital therapeutics in disease management, and the expansion of biobanking for personalized treatments.
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Scope Of Peptide Based Metabolic Disorders Therapeutics Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Peptide Based Metabolic Disorders Therapeutics Market Overview
Market Drivers –
The rising prevalence of obesity is expected to propel the growth of the peptide-based metabolic disorders therapeutic market going forward. Obesity is a medical condition characterized by excessive body fat accumulation that poses a health risk. The increasing cases of obesity are due to sedentary lifestyles, unhealthy dietary habits, genetic predisposition, and environmental influences promoting calorie-rich diets and physical inactivity. Peptide-based metabolic disorders therapeutics aim to manage conditions such as obesity by leveraging peptides to regulate metabolic functions, improve insulin sensitivity, and control appetite, thereby enhancing patient health outcomes and reducing long-term health risks associated with these chronic disorders. For instance, in May 2023, according to a report published by the Office for Health Improvement and Disparities, a UK-based governmental body, it was noted that in the period from 2021 to 2022, 63.8% of adults aged 18 years and older in England were estimated to be overweight or living with obesity, marking a slight increase from 63.3% in the previous year. Therefore, the rising prevalence of obesity is driving the peptide-based metabolic disorder therapeutics market.
Market Trends –
Major peptide-based metabolic disorders therapeutics market companies are developing innovative peptide-based treatments, such as anti-diabetic biosimilars, to address unmet medical needs and expand patient treatment options. Peptide-based anti-diabetic biosimilars refer to therapeutic drugs that mimic existing peptide-based therapies for diabetes, offering comparable efficacy and safety profiles to established medications while potentially lowering treatment costs through competitive pricing strategies. For instance, in January 2024, Glenmark Pharmaceuticals Ltd., an India-based pharmaceutical company, launched Lirafit, a biosimilar version of the popular anti-diabetic drug Liraglutide in India. It belongs to the class of glucagon-like peptide-1 receptor agonists (GLP-1 RAs). This class of drugs mimics the action of the naturally occurring GLP-1 hormone, which is crucial in regulating blood sugar levels. This biosimilar has undergone clinical trials demonstrating its effectiveness in lowering glycemic parameters, promoting weight reduction, and enhancing cardiovascular safety. These are crucial benefits for managing diabetes and associated conditions such as obesity and cardiovascular diseases.
The peptide based metabolic disorders therapeutics market covered in this report is segmented –
1) By Drug Type: Liraglutide, Exenatide, Other Drug Type
2) By Application: Lysosomal Storage Diseases, Diabetes, Obesity, Hypercholesterolemia, Other Applications
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
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Regional Insights –
North America was the largest region in the peptide based metabolic disorders therapeutics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the peptide based metabolic disorders therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the peptide based metabolic disorders therapeutics market are Pfizer Inc., Johnson And Johnson, Roche Holding AG, Merck And Co. Inc., AbbVie Inc., Sanofi SA, Bristol-Myers Squibb Company, AstraZeneca PLC, Novartis AG, Takeda Pharmaceutical Company Limited, GlaxoSmithKline plc, Boehringer Ingelheim International GmbH, Eli Lilly Company, Amgen Inc., Gilead Sciences Inc., Novo Nordisk A/S, Teva Pharmaceutical Industries Ltd., Regeneron Pharmaceuticals Inc., Biogen Inc., Vertex Pharmaceuticals Incorporated, Jazz Pharmaceuticals plc, Ipsen S.A, BioMarin Pharmaceutical Inc., Amarin Corporation plc, PolyPeptide Group
Table of Contents
1. Executive Summary
2. Peptide Based Metabolic Disorders Therapeutics Market Report Structure
3. Peptide Based Metabolic Disorders Therapeutics Market Trends And Strategies
4. Peptide Based Metabolic Disorders Therapeutics Market – Macro Economic Scenario
5. Peptide Based Metabolic Disorders Therapeutics Market Size And Growth
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32. Global Peptide Based Metabolic Disorders Therapeutics Market Competitive Benchmarking
33. Global Peptide Based Metabolic Disorders Therapeutics Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Peptide Based Metabolic Disorders Therapeutics Market
35. Peptide Based Metabolic Disorders Therapeutics Market Future Outlook and Potential Analysis
36. Appendix
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