Peptide Synthesis Market – Aftereffects Of COVID19 On The Global Industry
Summary
- Emerging Markets in the Asia Pacific Region.
- Peptide Synthesis Market: Impact Analysis of Drivers, Restraints, Opportunities, and Challenges.
- Peptide Synthesis Reagents Market, By Country, 2016–2023 (USD Million).
- Peptide Synthesis Equipment Market, By Type, 2016–2023 (USD Million).
- Peptide Synthesis Equipment Market, By Country, 2016–2023 (USD Million).
Major Takeaways from This Study:
# Covid Impact on Peptide Synthesis Market, growth/decline in product type/use cases of Peptide Synthesis Market due to cascaded impact of Covid on Extended Ecosystem.
# How top 50 companies in Peptide Synthesis Market are making rapid shifts in their strategies as we speak here.
# Outside-in view of top 50 companies client and client's clients shifting short-term priorities
Target Audience:
# Biotechnology & pharmaceutical companies
# Market research and consulting firms
# Venture capitalists and investors
# Research & development companies
# Contract research organizations (CROS)
# Academic research institutes
# Government institutes
What the Market Looks Like?
The peptide synthesis market is projected to reach USD 426.4 million by 2023 from USD 310.5 million in 2018, at a CAGR of 6.5% during the forecast period.
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Global Geographical Scenario:
APAC is expected to grow at the highest CAGR during the forecast period.
Global peptide synthesis market has been studied for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. APAC is expected to grow at the highest CAGR in the peptide synthesis market, primarily due to the increasing investments by pharmaceutical and biotechnology companies and rising R&D activities in the region.
Major Leaders:
The global peptide synthesis market is a fragmented market. GenScript Biotech Corporation (CHINA), Merck KGAA (Germany), AAPPTec (US), Bachem (Switzerland), and Biotage (Sweden) dominated the global peptide synthesis market in 2017.
What Drives the Market?
The growth of the global Peptide Synthesis Industry is primarily influenced by the following factors:
# Increasing Use of Peptides in Pharmaceutical Drugs
# Increase in Research Activities and Availability of Funding for R&D
# Development of Advanced Peptide Synthesizers
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