Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 117.26 Billion | USD 332.95 Billion | 11% | 2024 |
FrequentlyAsked Questions
Peptide therapeutics are a class of medical drugs made from peptides, which are short chains of amino acids (the building blocks of proteins). These peptides are designed to mimic natural molecules in the body to treat diseases by interacting with specific targets like hormone receptors, enzymes, or immune system components.
The global peptide therapeutics market is expected to grow due to rising demand for targeted and biologic therapies, increasing prevalence of chronic diseases, growing advancements in peptide drug development, and expanding applications in oncology, metabolic disorders, and infectious diseases.
According to a study, the global peptide therapeutics market size was worth around USD 117.26 Billion in 2024 and is expected to reach USD 332.95 Billion by 2034.
The global peptide therapeutics market is expected to grow at a CAGR of 11% during the forecast period.
North America is expected to dominate the peptide therapeutics market over the forecast period.
Leading players in the global peptide therapeutics market include Teva Pharmaceutical Industries, AstraZeneca, Sanofi S.A, Amazen Inc., Takeda Pharmaceutical, Ipsen S.A, Merck & Co., Novo Nordisk A/S, GlaxoSmithKline plc, Ever Neuro Pharma, Eli Lilly and Company, CordenPharma International.,, among others.
The report explores crucial aspects of the peptide therapeutics market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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