Product Code: 978-1-68038-179-5
Peptide Therapeutics Market Growth & Trends:
The global peptide therapeutics market size is expected to reach USD 66.41 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to grow at a CAGR of 6.1% from 2024 to 2030. Increasing demand for efficient and rapid-acting therapeutics for the treatment of cancer and other lifestyle-associated disorders, which result in lesser adverse effects, is anticipated to propel market growth. The rising incidence of cancer calls for exploring and introducing other means of therapies and low-cost treatment alternatives is expected to drive the market. Moreover, the growing geriatric population is expected to widen the consumer base by triggering the incidence rate of target diseases such as cancer and diabetes, which is expected to drive the demand for peptide therapeutics.
As per the International Agency for Research on Cancer (GLOBOCAN 2020) report, there will be 19,292,789 new cancer cases diagnosed globally in 2020, with 9,958,133 cancer deaths. Furthermore, the five-year prevalence of cancer was projected to be 50,550,287 worldwide. The global number of new cases of cancer is projected to reach 28,887,940 by 2040. As a result, the higher incidence of cancers around the world is set to perform an important role in the development of peptide therapeutics over the forecast period. Besides that, increasing awareness among health care providers and patients about the negative effects of chemotherapy and/or radiation therapy is a primary factor influencing the increased emphasis on alternative therapeutics like peptide-based drugs.
Technological advancements in the peptide manufacturing process are driving the market during the forecast period. Manufacturers and suppliers are focusing on the adoption of novel technologies to manufacture efficient drug molecules with low time and capital investment. Improvement in purification and automation process and less generation of waste are additional factors contributing to the market growth. For instance, in March 2022, Amgen announced the official opening of its latest bio-manufacturing facility in Holly Springs, North Carolina. The facility, which is set to open in 2025, will help cope with the growth of Amgen's medicines, which treat serious diseases like cancer and heart disease.
The COVID-19 pandemic is anticipated to spur the spectrum of cancer care, which includes delayed diagnoses, therapeutic interventions, and the impeding of clinical trials focused on developing cost-effective therapeutics for cancer treatment, with peptide therapeutics for cancer treatment being no exception, as per a research article published in Nature Cancer, 2020. There have been 21 peptide drugs in therapies for the treatment of COVID-19 as of May 2020, such as 15 synthetic peptides for the therapies of acute respiratory distress syndrome (ARDS) as well as other respiratory illnesses induced by severe acute respiratory infection. However, current implementations of peptide therapeutics in oncological and metabolic disorders and other fields have been hampered by drug shortages, operational problems, and the slow progress of clinical trials involving non-COVID-19 therapeutics.
For instance, in May 2022, EVER Pharma announced that Bortezomib has received EU-wide approval for the treatment of individuals with symptomatic myeloma and mantle cell lymphoma1. In May 2022, The European Commission approved Novartis' Jakavi post-steroid therapy for acute and chronic graft-versus-host ailments. Jakavi will be the first JAK1/2 inhibitor widely available for patients in Europe with steroid-refractory graft-versus-host ailment. In September 2021, Nimble Therapeutics and Incyte entered into strategic collaborative research to discover additional new peptide therapies.
Peptide Therapeutics Market Report Highlights:
- By application, cancer held the second-largest revenue share in 2023 owing to the increasing demand for alternative therapeutics over conventional treatment options. Peptides are being used as potential therapeutic agents in cancer treatment
- The generic type segment is expected to showcase an upward shift due to the patent expiration of blockbuster peptides and supportive government initiatives pertaining to the introduction of the generic class
- Outsourcing manufacturing segment is anticipated to grow at the fastest CAGR during the forecast period owing to the requirements of complex procedures and a shift in preference toward outsourcing, which helps in eliminating the cost of production
- By synthesis technology, hybrid technology is expected to witness the fastest growth over the forecast period. Benefits associated with this technology such as time conservation and ease of usage for both solid- and liquid-phase peptide synthesis are the key factors affirming growth
- North America held the largest share in terms of revenue in 2023 owing to a higher level of awareness pertaining to genomics and proteomics products, well-established R&D infrastructure, and rising funding initiatives
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation
- 1.1.1 Regional Scope
- 1.1.2 Market Definitions
- 1.1.3 Estimates and Forecast Timeline
- 1.2 Objectives
- 1.2.1 Objective - 1
- 1.2.2 Objective - 2
- 1.2.3 Objective - 3
- 1.3 Research Methodology
- 1.4 Information Procurement
- 1.4.1 Purchased Database
- 1.4.2 GVR's Internal Database
- 1.4.3 Secondary Sources
- 1.4.4 Primary Research
- 1.4.5 Details of Primary Research
- 1.5 Information or Data Analysis
- 1.5.1 Data Analysis Models
- 1.6 Market Formulation & Validation
- 1.7 Model Details
- 1.7.1 Commodity Flow Analysis
- 1.7.1.1 Approach 1: Commodity Flow Approach
- 1.7.1.2 Approach 2: Country-wise market estimation using bottom-up approach
- 1.8 List of Secondary Sources
- 1.9 List of Abbreviations
Chapter 2 Executive Summary
- 2.1 Market Snapshot
- 2.2 Application Segment Snapshot
- 2.3 Type and Type of Manufacturers Segment Snapshot
- 2.4 Route of Administration and Synthesis Technology Segment Snapshot
- 2.5 Competitive Landscape Snapshot
Chapter 3 Peptide Therapeutics Market Variables, Trends, and Scope
- 3.1 Peptide Therapeutics Market Lineage Outlook
- 3.1.1 Parent Market Outlook
- 3.1.2 Ancillary Market
- 3.2 Market Dynamics
- 3.2.1 Market Driver Analysis
- 3.2.1.1 Increasing Incidence of Cancer
- 3.2.1.1.1 Cancer Incidence Data
- 3.2.1.2 Rising Prevalence of Metabolic Disorders
- 3.2.1.3 Presence of Strong Product Pipeline
- 3.2.1.4 Technological Advancements
- 3.2.2 Market Restraint Analysis
- 3.2.2.1 Increasing Complexity of Peptides
- 3.2.2.2 High Cost of Manufacturing Equipment
- 3.3 Peptide Therapeutics Market Analysis Tools
- 3.3.1 Porter's Five Forces Analysis
- 3.3.2 PESTLE Analysis
Chapter 4 Peptide Therapeutics Market - Segment Analysis, by Application, 2018 - 2030 (USD Million)
- 4.1 Peptide Therapeutics Market: Application Movement Analysis
- 4.2 Peptide Therapeutics Market Estimates & Forecast, By Application (USD Million)
- 4.2.1 Cancer
- 4.2.2 Metabolic Disorders
- 4.2.3 Cardiovascular Disorders
- 4.2.4 Respiratory Disorders
- 4.2.5 Gastrointestinal Disorders
- 4.2.6 Infectious Diseases
- 4.2.7 Pain
- 4.2.8 Dermatological Disorders
- 4.2.9 Neurological Disorders
- 4.2.10 Renal Disorders
- 4.2.11 Others
Chapter 5 Peptide Therapeutics Market: Segment Analysis, by Type, 2018 - 2030 (USD Million)
- 5.1 Peptide Therapeutics Market: Type Movement Analysis
- 5.2 Peptide Therapeutics Market Estimates & Forecast, by Type (USD Million)
- 5.2.1 Generic
- 5.2.2 Innovative
Chapter 6 Peptide Therapeutics Market: Segment Analysis, By Type Of Manufacturers, 2018 - 2030 (USD Million)
- 6.1 Peptide Therapeutics Market: Type of Manufacturers Movement Analysis
- 6.2 Peptide Therapeutics Market Estimates & Forecast, by Type Of Manufacturers (USD Million)
- 6.2.1 In-house
- 6.2.2 Outsourced
Chapter 7 Peptide Therapeutics Market: Segment Analysis, by Route Of Administration, 2018 - 2030 (USD Million)
- 7.1 Peptide Therapeutics Market: Route Of Administration Movement Analysis
- 7.2 Peptide Therapeutics Market Estimates & Forecast, by Route Of Administration (USD Million)
- 7.2.1 Parenteral Route
- 7.2.2 Oral Route
- 7.2.3 Pulmonary
- 7.2.4 Mucosal
- 7.2.5 Others
Chapter 8 Peptide Therapeutics Market - Segment Analysis, by Synthesis Technology, 2018 - 2030 (USD Million)
- 8.1 Peptide Therapeutics Market: Synthesis Technology Movement Analysis
- 8.2 Peptide Therapeutics Market Estimates & Forecast, By Synthesis Technology (USD Million)
- 8.2.1 Solid Phase Peptide Synthesis (SPPS)
- 8.2.2 Liquid Phase Peptide Synthesis (LPPS)
- 8.2.3 Hybrid Technology
Chapter 9 Peptide Therapeutics Market: Regional Estimates and Trend Analysis by Application, Type, Type of Manufacturer, Route of Administration, and Synthesis Technology
- 9.1 Peptide Therapeutics Market: Regional Outlook
- 9.2 North America
- 9.2.1 North America Peptide Therapeutics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.2.2 U.S.
- 9.2.2.1 Key Country Dynamics
- 9.2.2.2 Target Disease Prevalence
- 9.2.2.3 U.S. Peptide Therapeutics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.2.2.4 Competitive/Market Scenario
- 9.2.2.5 Regulatory Framework
- 9.2.2.6 Reimbursement Scenario
- 9.2.3 Canada
- 9.2.3.1 Key Country Dynamics
- 9.2.3.2 Target Disease Prevalence
- 9.2.3.3 Canada Peptide Therapeutics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.2.3.4 Competitive/Market Scenario
- 9.2.3.5 Regulatory Framework
- 9.2.3.6 Reimbursement Scenario
- 9.3 Europe
- 9.3.1 Europe Peptide Therapeutics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3.2 UK
- 9.3.2.1 Key Country Dynamics
- 9.3.2.2 Target Disease Prevalence
- 9.3.2.3 UK Peptide Therapeutics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3.2.4 Competitive/Market Scenario
- 9.3.2.5 Regulatory Framework
- 9.3.2.6 Reimbursement Scenario
- 9.3.3 Germany
- 9.3.3.1 Key Country Dynamics
- 9.3.3.2 Target Disease Prevalence
- 9.3.3.3 Germany Peptide Therapeutics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3.3.4 Competitive/Market Scenario
- 9.3.3.5 Regulatory Framework
- 9.3.3.6 Reimbursement Scenario
- 9.3.4 France
- 9.3.4.1 Key Country Dynamics
- 9.3.4.2 Target Disease Prevalence
- 9.3.4.3 France Peptide Therapeutics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3.4.4 Competitive/Market Scenario
- 9.3.4.5 Regulatory Framework
- 9.3.4.6 Reimbursement Scenario
- 9.3.5 Spain
- 9.3.5.1 Key Country Dynamics
- 9.3.5.2 Target Disease Prevalence
- 9.3.5.3 Spain Peptide Therapeutics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3.5.4 Competitive/Market Scenario
- 9.3.5.5 Regulatory Framework
- 9.3.5.6 Reimbursement Scenario
- 9.3.6 Italy
- 9.3.6.1 Key Country Dynamics
- 9.3.6.2 Target Disease Prevalence
- 9.3.6.3 Italy Peptide Therapeutics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3.6.4 Competitive/Market Scenario
- 9.3.6.5 Regulatory Framework
- 9.3.6.6 Reimbursement Scenario
- 9.3.7 Denmark
- 9.3.7.1 Key Country Dynamics
- 9.3.7.2 Target Disease Prevalence
- 9.3.7.3 Denmark Peptide Therapeutics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3.7.4 Competitive/Market Scenario
- 9.3.7.5 Regulatory Framework
- 9.3.7.6 Reimbursement Scenario
- 9.3.8 Sweden
- 9.3.8.1 Key Country Dynamics
- 9.3.8.2 Target Disease Prevalence
- 9.3.8.3 Sweden Peptide Therapeutics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3.8.4 Competitive/Market Scenario
- 9.3.8.5 Regulatory Framework
- 9.3.8.6 Reimbursement Scenario
- 9.3.9 Norway
- 9.3.9.1 Key Country Dynamics
- 9.3.9.2 Target Disease Prevalence
- 9.3.9.3 Norway Peptide Therapeutics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3.9.4 Competitive/Market Scenario
- 9.3.9.5 Regulatory Framework
- 9.3.9.6 Reimbursement Scenario
- 9.3.9.7 Rest of Europe Peptide Therapeutics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4 Asia Pacific
- 9.4.1 Asia Pacific Peptide Therapeutics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 9.4.2 Japan
- 9.4.2.1 Key Country Dynamics
- 9.4.2.2 Target Disease Prevalence
- 9.4.2.3 Japan Peptide Therapeutics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 9.4.2.4 Competitive/Market Scenario
- 9.4.2.5 Regulatory Framework
- 9.4.2.6 Reimbursement Scenario
- 9.4.3 China
- 9.4.3.1 Key Country Dynamics
- 9.4.3.2 Target Disease Prevalence
- 9.4.3.3 China Peptide Therapeutics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 9.4.3.4 Competitive/Market Scenario
- 9.4.3.5 Regulatory Framework
- 9.4.3.6 Reimbursement Scenario
- 9.4.4 India
- 9.4.4.1 Key Country Dynamics
- 9.4.4.2 Target Disease Prevalence
- 9.4.4.3 India Peptide Therapeutics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 9.4.4.4 Competitive/Market Scenario
- 9.4.4.5 Regulatory Framework
- 9.4.4.6 Reimbursement Scenario
- 9.4.5 Australia
- 9.4.5.1 Key Country Dynamics
- 9.4.5.2 Target Disease Prevalence
- 9.4.5.3 Australia Peptide Therapeutics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 9.4.5.4 Competitive/Market Scenario
- 9.4.5.5 Regulatory Framework
- 9.4.6 Thailand
- 9.4.6.1 Key Country Dynamics
- 9.4.6.2 Thailand Peptide Therapeutics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 9.4.6.3 Competitive/Market Scenario
- 9.4.6.4 Regulatory Framework
- 9.4.6.5 Reimbursement Scenario
- 9.4.7 South Korea
- 9.4.7.1 Key Country Dynamics
- 9.4.7.2 South Korea Peptide Therapeutics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 9.4.7.3 Competitive/Market Scenario
- 9.4.7.4 Regulatory Framework
- 9.4.7.5 Reimbursement Scenario
- 9.4.8 Rest of Asia Pacific Peptide Therapeutics Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 9.5 Latin America
- 9.5.1 Latin America Peptide Therapeutics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.5.2 Brazil
- 9.5.2.1 Key Country Dynamics
- 9.5.2.2 Target Disease Prevalence
- 9.5.2.3 Brazil Peptide Therapeutics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.5.2.4 Competitive/Market Scenario
- 9.5.2.5 Regulatory Framework
- 9.5.2.6 Reimbursement Scenario
- 9.5.3 Mexico
- 9.5.3.1 Key Country Dynamics
- 9.5.3.2 Target Disease Prevalence
- 9.5.3.3 Mexico Peptide Therapeutics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.5.3.4 Competitive/Market Scenario
- 9.5.3.5 Regulatory Framework
- 9.5.3.6 Reimbursement Scenario
- 9.5.4 Argentina
- 9.5.4.1 Key Country Dynamics
- 9.5.4.2 Target Disease Prevalence
- 9.5.4.3 Argentina Peptide Therapeutics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.5.4.4 Competitive/Market Scenario
- 9.5.4.5 Regulatory Framework
- 9.5.4.6 Reimbursement Scenario
- 9.5.5 Rest of Latin America Peptide Therapeutics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.6 MEA
- 9.6.1 MEA Peptide Therapeutics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.6.2 South Africa
- 9.6.2.1 Key Country Dynamics
- 9.6.2.2 Target Disease Prevalence
- 9.6.2.3 South Africa Peptide Therapeutics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.6.2.4 Competitive/Market Scenario
- 9.6.2.5 Regulatory Framework
- 9.6.2.6 Reimbursement Scenario
- 9.6.3 Saudi Arabia
- 9.6.3.1 Key Country Dynamics
- 9.6.3.2 Target Disease Prevalence
- 9.6.3.3 Saudi Arabia Peptide Therapeutics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.6.3.4 Competitive/Market Scenario
- 9.6.3.5 Regulatory Framework
- 9.6.3.6 Reimbursement Scenario
- 9.6.4 UAE
- 9.6.4.1 Key Country Dynamics
- 9.6.4.2 Target Disease Prevalence
- 9.6.4.3 UAE Peptide Therapeutics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.6.4.4 Competitive/Market Scenario
- 9.6.4.5 Regulatory Framework
- 9.6.4.6 Reimbursement Scenario
- 9.6.5 Kuwait
- 9.6.5.1 Key Country Dynamics
- 9.6.5.2 Target Disease Prevalence
- 9.6.5.3 Kuwait Peptide Therapeutics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.6.5.4 Competitive/Market Scenario
- 9.6.5.5 Regulatory Framework
- 9.6.5.6 Reimbursement Scenario
- 9.6.5.7 Rest of MEA Peptide Therapeutics Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 10 Competitive Landscape
- 10.1 Company Categorization
- 10.2 Strategy Mapping
- 10.2.1 New Product Launch
- 10.2.2 Partnerships
- 10.2.3 Acquisition
- 10.2.4 Collaboration
- 10.2.5 Funding
- 10.3 Key Company Market Share Analysis, 2023
- 10.4 Company Profiles
- 10.4.1 Eli Lilly and Company
- 10.4.1.1 Company overview
- 10.4.1.2 Financial performance
- 10.4.1.3 Product benchmarking
- 10.4.1.4 Strategic initiatives
- 10.4.2 Pfizer Inc.
- 10.4.2.1 Company overview
- 10.4.2.2 Financial performance
- 10.4.2.3 Product benchmarking
- 10.4.2.4 Strategic initiatives
- 10.4.3 Amgen Inc.
- 10.4.3.1 Company overview
- 10.4.3.2 Financial performance
- 10.4.3.3 Product benchmarking
- 10.4.3.4 Strategic initiatives
- 10.4.4 Takeda Pharmaceutical Company Limited
- 10.4.4.1 Company overview
- 10.4.4.2 Financial performance
- 10.4.4.3 Product benchmarking
- 10.4.4.4 Strategic initiatives
- 10.4.5 Sanofi
- 10.4.5.1 Company overview
- 10.4.5.2 Financial performance
- 10.4.5.3 Product benchmarking
- 10.4.5.4 Strategic initiatives
- 10.4.6 AstraZeneca
- 10.4.6.1 Company overview
- 10.4.6.2 Financial performance
- 10.4.6.3 Product benchmarking
- 10.4.6.4 Strategic initiatives
- 10.4.7 Teva Pharmaceutical Industries Ltd.
- 10.4.7.1 Company overview
- 10.4.7.2 Financial performance
- 10.4.7.3 Product benchmarking
- 10.4.7.4 Strategic initiatives
- 10.4.8 F. Hoffmann-La Roche Ltd
- 10.4.10.1 Company overview
- 10.4.10.2 Financial performance
- 10.4.10.3 Product benchmarking
- 10.4.10.4 Strategic initiatives
- 10.4.9 Novartis AG
- 10.4.9.1 Company overview
- 10.4.9.2 Financial performance
- 10.4.9.3 Product benchmarking
- 10.4.9.4 Strategic initiatives
- 10.4.10 Novo Nordisk A/S
- 10.4.10.1 COMPANY OVERVIEW
- 10.4.10.2 Product benchmarking
- 10.4.10.3 Strategic initiatives
- 10.4.11 GlaxoSmithKline plc.
- 10.4.11.1 Company overview
- 10.4.11.2 Product benchmarking
- 10.4.11.3 Strategic initiatives
- 10.4.12 Ironwood Pharmaceuticals, Inc.
- 10.4.12.1 Company overview
- 10.4.12.2 Product benchmarking
- 10.4.12.3 Strategic initiatives
- 10.4.13 Radius Health, Inc.
- 10.4.13.1 Company overview
- 10.4.13.2 Cepheid
- 10.4.13.3 Financial performance
- 10.4.13.4 Product benchmarking
- 10.4.13.5 Strategic initiatives
- 10.4.14 Ipsen Pharma
- 10.4.14.1 Company overview
- 10.4.14.2 Cepheid
- 10.4.14.3 Financial performance
- 10.4.14.4 Product benchmarking
- 10.4.14.5 Strategic initiatives
Chapter 11 Conclusion