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What is the Expected Growth Rate of the Peptide Synthesis Market from 2024 to 2033?

The peptide synthesis market has grown strongly, from $5.22 billion in 2023 to $5.69 billion in 2024 at a CAGR of 8.9%. Factors contributing to this growth include the rise of peptide-based vaccines, growth in biotechnology and biopharmaceuticals, demand for high-purity peptides, and regulatory approvals and standardization.

The peptide synthesis market is expected to grow significantly, reaching $8.05 billion in 2028 at a CAGR of 9.1%. The growth is attributed to the rapid development of therapeutic peptides, increasing demand for customized peptides, their role in drug discovery, and a focus on peptide libraries. Key trends include peptide mimetics development, novel amino acid derivatives, peptide cyclization, innovations in solid-phase peptide synthesis, and the use of click chemistry.

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What Key Factors Are Fueling the Growth of the Peptide Synthesis Market?

The growing prevalence of chronic diseases is expected to propel the peptide synthesis market. Peptides, which can exert anti-inflammatory and antioxidant activities, are increasingly being used for chronic disease treatment. The British Heart Foundation reported that deaths from coronary heart disease in the UK increased from 64,170 in 2020 to 65,579 in 2021. The rising number of chronic diseases is expected to drive the peptide synthesis market.

What Are the Major Segments of the Peptide Synthesis Market?

1) By Product And Service: Reagents, Equipment, Services

2) By Technology: Solid-Phase Peptide Synthesis, Solution-Phase Peptide Synthesis, Hybrid And Recombinant Technology

3) By End User: Pharmaceutical And Biotechnology companies, Contract Manufacturing And Development Organizations (CDMOs) And Contract Research Organizations (CROs), Academic And Research Institutes

What New Trends Are Transforming the Peptide Synthesis Market?

Companies in the peptide synthesis market are introducing next-generation peptide synthesizers, such as PurePep Sonata+, to enhance efficiency and accuracy. In March 2022, Gyros Protein Technologies launched the PurePep Sonata+ peptide synthesizer, which incorporates real-time flow technology for continuous monitoring of fluid flow rates. This innovation ensures precise and accurate fluid transfers, improving the efficiency of peptide synthesis.

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Which Regions Are Driving Growth in the Peptide Synthesis Market?

North America was the largest region in the peptide synthesis market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the peptide synthesis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Peptide Synthesis Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the peptide synthesis market, its market share, and analyzes key competitors along with their market positions.

The Table Of Content For The Peptide Synthesis Market Include

1. Peptide Synthesis Market Executive Summary

2. Peptide Synthesis Market Segments

3. Peptide Synthesis Market Size And Template Market Growth Rate

4. Key Peptide Synthesis Market Trends

5. Major Peptide Synthesis Market Drivers

……

25. Key Mergers And Acquisitions In The Peptide Synthesis Market

26. Top Peptide Synthesis Companies

27. Peptide Synthesis Market Opportunities And Strategies

28. Peptide Synthesis Market, Conclusions And Recommendations

29. Appendix

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