Biosimilar Therapeutic Peptides Market Forecast and Insights: Exploring Growth Trends, Market Size, and Emerging Opportunities
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers in the Industry Acting as Catalysts for the Growth of theBiosimilar Therapeutic Peptides Market?
The expanding elderly population is predicted to increase the number of individuals with chronic diseases, boosting the biosimilar therapeutic peptides market. As the global population aged 60 and above grows, so does the incidence of chronic diseases, which biosimilar therapeutic peptides can help treat. The World Health Organization estimates that by 2050, the global elderly population will reach 2 billion, further driving the biosimilar therapeutic peptide market.
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#What Growth Opportunities Will Drive the Biosimilar Therapeutic Peptides Market’s CAGR Through 2034?
The biosimilar therapeutic peptides market size has grown exponentially in recent years. It will grow from $2.06 billion in 2024 to $2.68 billion in 2025 at a compound annual growth rate (CAGR) of 30.3%. Growth is driven by the increasing demand for cost-effective therapeutics, regulatory support, patent expirations of biologic drugs, the rising incidence of chronic diseases, and advancements in manufacturing processes.
The biosimilar therapeutic peptides market is projected to grow rapidly to $4.87 billion by 2029, at a CAGR of 16.1%. The forecasted growth is driven by expanding therapeutic applications, the global aging population, market competition, strategic collaborations, and the preference for non-invasive therapies. Major trends include advancements in biotechnology, rising demand for biologics, manufacturing innovations, focus on cost-efficiency, and technological advancements.
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Which Cutting-Edge Market Trends Are Expected to Drive theBiosimilar Therapeutic Peptides Market’s Growth?
In the biosimilar therapeutic peptide market, companies are developing research platforms to optimize peptide synthesis, improve production efficiency, and ensure consistent quality from discovery to commercialization. The Biodrug Design Accelerator platform, focused on peptide drug discovery, is seen as a promising development. In May 2023, Fujitsu Limited, a U.S.-based toy manufacturing and entertainment company, launched this platform to accelerate peptide drug discovery research. The platform supports pharmaceutical companies in streamlining peptide drug development through its design, make, test, analyze (DMTA) cycles, fostering efficient communication among scientists regarding synthesis and testing.
What Are the Major Market Players Making an Impact on theBiosimilar Therapeutic Peptides Market Growth?
Major companies operating in the biosimilar therapeutic peptides market include Pfizer Inc., F. Hoffmann-La Roche Ltd., Merck & Co. Inc., Novartis AG, Sanofi SA, AstraZeneca plc, GlaxoSmithKline plc, Takeda Pharmaceuticals Co. Ltd., Eli Lilly and Company, Amgen Inc., Novo Nordisk A/S, BioXpress Therapeutics SA, Apotex Inc., Teva Pharmaceuticals Industries Ltd., Sandoz International GmbH, Lonza Inc., Stada Arzneimittel AG, Ipsen S.A, Biocon Biopharmaceuticals Pvt. Ltd., Dr. Reddy’s Laboratories Ltd., Alvogen Pharma US Inc., Corden Pharma GmbH, Bachem Holding AG, PolyPeptide Laboratories Ltd., PeptiDream Inc., Coherus BioSciences Inc., Celltrion Inc., BioPartners Inc., Samsung Bioepis Co. Ltd.
How Are the Key Segments of the Biosimilar Therapeutic Peptides Market Driving Opportunities and Innovations?
The biosimilar therapeutic peptides market covered in this report is segmented –
1) By Type: Innovative, Generic
2) By Route Of Administration: Parenteral Route, Transdermal Route, Other Route Of Administrations
3) By Application: Cancer, Cardiovascular, Central Nervous Systems, Metabolic Disorders, Infection, Hematological Disorders, Gastrointestinal Disorders, Dermatology, Respiratory Disorders
Subsegments:
1) By Innovative: Long-Acting Peptides, Combination Peptides
2) By Generic: Monoclonal Antibodies, Hormones, Enzymes
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What Regions Are At the Forefront of #How Are Key Drivers in the Industry Acting as Catalysts for the Growth of theBiosimilar Therapeutic Peptides Market?# Market Expansion?
The countries covered in the biosimilar therapeutic peptides market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
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