The global demand for Glycomic Therapeutics Market is presumed to reach the market size of nearly USD 291.26 MN by 2028 from USD 100 MN in 2021 with a CAGR of 16.5% under the study period 2022 - 2028.
Glycomics therapeutics is an emerging field that aims to focus on the structure and function of glycans in a cell, tissue, or organism. Glycomic therapeutics focuses on the structures and functions of complex carbohydrates, as found in glycoproteins, glycolipids, and glycosaminoglycans. Glycomic therapeutics also aid in establishing the role of carbohydrate-protein interactions in cell-cell communication. Glycomic therapeutics has a range of applications in diagnostics, cancer research and therapeutics, drug discovery and development, and immunology, among others.
Market Dynamics
The increasing number of patients suffering from chronic diseases is anticipated to revive the growth of the global glycomics therapeutics market. Moreover, the growth of pharmaceutical companies and research institutes to boost the drug discovery and development sector is driving the glycomics therapeutics market. Furthermore, technological advancements in biotechnology, investments in R&D activities to study glycans, and increasing applications in disease diagnostics create revenue opportunities in the global glycomics therapeutics market. In addition, due to the importance of surface glycan in the metastatic and neoplastic characteristics of tumour cells, the growing use of glycobiology in cancer research is expected to drive market growth throughout the forecast period. However, high instrument costs and the variability of glycomes are expected to hamper the market growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of glycomic therapeutics. The growth and trends of glycomic therapeutics industry provide a holistic approach to this study.
Market Segmentation
This section of the glycomic therapeutics market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Class
By Structures
- Glycoproteins
- Targeting Sialic Acid
- Proteoglycans
- Targeting Glycosaminoglycans
- Glycosylphosphatidylinositol (Gpi)-Anchored Proteins & Heparin Based Glycans
- Targeting Glycosphingolipids
- Others
By Indications
- Thrombosis & Chemoprophylaxis
- Anaemia
- Anti-Adhesive & Anti-Inflammatory
- Cataracts
- Gaucher’S Disease
- Mps-1 & Iv
- Cancer
- Alzheimer’S Disease
- Influenza Type A & B
- Others
By Mode Of Action
- Inhibits Neuraminidase
- Inhibits Heparanase And Selectins And Blocks Interactions Between Growth Factors And Heparan Sulfate
- Erythropoietin & Enzyme Replacement Therapy (Ert)
- Tissue Plasminogen Activator
- Inhibits Glucosylceramide Synthase
- Interleukin 1, 2 & 3
- Beta & Gamma Interferons
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Glycomic Therapeutics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Glycomic Therapeutics Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the glycomic therapeutics market include Intellihep Ltd, Protalix Biotherapeutics, BioMarin Pharmaceutical Inc., Genzyme Corporation (Sanofi), Halozyme Therapeutics, Inc., Bayer AG, Alzheon Inc., GlycoMar, GlaxoSmithKline plc., and F. Hoffmann-La Roche Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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