Peptide Therapeutics Drugs Market was valued at USD 35.2 Billion in 2022 and is projected to reach USD 69.4 Billion by 2030, growing at a CAGR of 9.1% from 2024 to 2030.
From 2023 to 2033, the demand for peptide therapeutics is expected to continue growing at an accelerated rate. As scientific knowledge continues to evolve, more applications for peptide-based drugs are being explored. The upcoming decade is projected to witness a surge in the development of peptide vaccines, treatments for neurological disorders, and innovations in cancer immunotherapy. The global focus on precision medicine, along with advancements in drug delivery methods, will likely drive the market’s growth. Additionally, the COVID-19 pandemic accelerated the need for faster vaccine development, which has also prompted greater interest in peptides for viral diseases and therapeutic vaccines. The increasing aging population worldwide, combined with a growing demand for more effective treatments for conditions like diabetes and obesity, is expected to drive demand for peptide therapeutics.
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The peptide therapeutics drugs market has seen remarkable growth from 2018 to 2022, driven by increasing demand for more targeted and personalized treatments in the pharmaceutical industry. During this period, the market was characterized by advancements in biotechnology, new drug approvals, and a rise in chronic diseases and genetic disorders requiring peptide-based therapies. By focusing on better precision and efficacy, peptide drugs have opened doors for treating various conditions, from cancer and autoimmune disorders to diabetes and hormonal imbalances. The market has flourished with significant investment in research and development, as well as the emergence of new delivery systems that have made peptides more accessible for therapeutic use. Key players in the peptide therapeutics field, such as Eli Lilly, Roche, and Novo Nordisk, led the charge in developing breakthrough therapies, offering both generics and novel treatments in oncology and endocrinology, further boosting market expansion.
Sanofi
Eli Lilly
Novo Nordisk
Takeda
Teva
Novartis
AstraZeneca
Ipsen
AbbVie
Allergan
Ferring
Merck
JNJ
Tarix Pharmaceuticals
Lonza
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 Peptide Therapeutics Drugs Market
Cancer
Metabolic Disorders
Central Nervous System
Other
Based on Types the Market is categorized into Below types that held the largest Peptide Therapeutics Drugs market share In 2023.
Injection
Oral
Other
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 Peptide Therapeutics Drugs 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 Peptide Therapeutics Drugs Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Peptide Therapeutics Drugs Market, By Type
6. Global Peptide Therapeutics Drugs Market, By Application
7. Global Peptide Therapeutics Drugs Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Peptide Therapeutics Drugs Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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