Biosimilar Therapeutic Peptides Market 2025-2034: Key Highlights, Growth Dynamics, and Emerging Trends
Discover trends, market shifts, and competitive outlooks for the biosimilar therapeutic peptides industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research
What Is the Estimated Market Size of the Biosimilar Therapeutic Peptides Market In 2029?
In the past few years, the size of the biosimilar therapeutic peptides market has seen a dramatic increase. It is projected to expand from $2.06 billion in 2024 to $2.68 billion in 2025, following a compound annual growth rate (CAGR) of 30.3%. Factors contributing to the growth during the historic period include a surge in demand for affordable therapeutics, supportive regulatory frameworks, patent expiration of biologic drugs, an increase in chronic disease incidence, and the establishment of efficient manufacturing processes.
The market size of biosimilar therapeutic peptides is predicted to undergo swift augmentation in the approaching years, reaching $4.87 billion in 2029 with a compound annual growth rate (CAGR) of 16.1%. The expected growth in the coming phase is a result of the broadening scope of therapeutic applications, the aging population worldwide, market competition, strategic alliances and partnerships, and the predilection of patients towards non-invasive treatments. The main trends anticipated during the forecast period are progress in biotechnology, a surge in biologics demand, technological advances in production, emphasis on affordability and healthcare access, and technological breakthroughs.
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How Are Key Drivers in the Industry Acting as Catalysts for the Growth of the Biosimilar Therapeutic Peptides Market?
The projected rise in the elderly population is expected to inflate the number of patients with chronic diseases, giving a boost to the biosimilar therapeutic peptides market’s growth. Older adults are more susceptible to various persistent diseases, leading to a rapid expansion in the global aging population predicted to maintain over the forecasted period. The World Health Organization (WHO) reveals that the global population over 60 years old will likely touch 2 billion by 2050 end. Also, as per the World Population Prospects, the population aged 80 and above is projected to rise from 143 million in 2019 to 426 million by 2050. Biosimilar therapeutic peptides, used in treating multiple chronic diseases and cancers, will see an upsurge due to the anticipated growth in the ageing population afflicted by various chronic ailments, fuelling the growth of the biosimilar therapeutic peptide market.
Which Segments in the Biosimilar Therapeutic Peptides Offer the Most Growth?
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 Are the Fastest-Growing Geographies in the Biosimilar Therapeutic Peptides Market?
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
Which Cutting-Edge Market Trends Are Expected to Drive the Biosimilar Therapeutic Peptides Market’s Growth?
Leading businesses in the biosimilar therapeutic peptide sector are building a research framework to fine-tune peptide synthesis, improve production effectiveness and maintain uniform quality from the discovery phase to commercialisation. The Biodrug Design Accelerator is seen as a critical tool for managing research procedures in peptide drug discovery and viewed as a prospective frontier in the arena of novel drug development. In May 2023, for example, the American toy manufacture and entertainment firm, Fujitsu Limited, unveiled the Biodrug Design Accelerator platform with the aim of speeding up the research into peptide drug discovery. The Biodrug Design Accelerator platform is aimed at supporting scientists working on peptide drug discovery in pharmaceutical firms, to expedite and enhance the proficiency of peptide drug development, primarily through the cycles of design, produce, test, analyze (DMTA). This will ultimately lead to faster and more informed design of peptide drug candidates and foster effective dialogue among scientists about synthesis and testing.
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What Are the Key Elements That Define the Biosimilar Therapeutic Peptides Market?
Biosimilar therapeutic peptides refer to a peptide drug that is used in place of or in addition to peptide hormones when endogenous levels tend to decline. Therapeutic peptides that are biosimilar have applications in the treatment of cancer, metabolic, pulmonary, cardiovascular, and other illnesses.
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