Solid Phase Peptide Synthesis Equipment Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 2.1 Billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030.
The global Solid Phase Peptide Synthesis (SPPS) equipment market was valued at approximately USD 415 million in 2022. The market is projected to grow at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2028. This growth is driven by increasing demand for peptide-based drugs, advancements in peptide synthesis technologies, and rising investments in research and development within the pharmaceutical and biotechnology sectors. The expanding applications of peptides in drug discovery and diagnostics are contributing to the market's expansion, with a notable rise in the use of SPPS equipment in both academic and commercial settings.
Emerging opportunities within the market include the integration of automation and digital technologies to enhance synthesis efficiency and reproducibility. Additionally, there is a growing focus on personalized medicine, which is expected to drive the demand for customized peptide synthesis solutions. The increasing prevalence of chronic diseases and the need for novel therapeutic agents are further boosting the market potential. Regions such as Asia-Pacific are anticipated to experience significant growth due to increasing investments in healthcare infrastructure and a rising number of research initiatives. These factors collectively present a favorable landscape for market expansion and innovation.
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Büchi AG
AAPPTec
CEM Corporation
Gyros Protein Technologies (Mesa Labs)
Biotage
CSBio
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Solid Phase Peptide Synthesis Equipment Market
Science & Research
Commercial
Based on Types the Market is categorized into Below types that held the largest Solid Phase Peptide Synthesis Equipment market share In 2023.
Fully-automatic
Semi-automatic
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Solid Phase Peptide Synthesis Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Solid Phase Peptide Synthesis Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Solid Phase Peptide Synthesis Equipment Market, By Type
6. Global Solid Phase Peptide Synthesis Equipment Market, By Application
7. Global Solid Phase Peptide Synthesis Equipment Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Solid Phase Peptide Synthesis Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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