REPORT ATTRIBUTE | DETAILS |
---|---|
MARKET SIZE (2032) | USD 88.1 billion |
MARKET SIZE (2024) | USD 46.5 billion |
CAGR (2023-2029) | 7.2% |
HISTORIC YEAR | 2019 |
BASE YEAR | 2023 |
FORECAST YEAR | 2032 |
BY TYPE | Branded Generic In-house Outsourced |
BY APPLICATION | Metabolic Disorders Cancer Cardiovascular Disorders Respiratory Disorders |
GEOGRAPHIC ANALYSIS | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
KEY PLAYERS | Bachem Holding AG, Lonza Group, Roche Holding AG, Sanofi, Merck & Co., Inc, Eli Lilly and Company, AstraZeneca PLC, Takeda Pharmaceutical Company Limited, Novartis AG, Pfizer Inc.. |
Market Introduction: -
Introducing a new peptide drug into the market requires considerable strategic steps, which include comprehensive R&D for establishing and enhancing its planned sequence. Regulatory approval by the FDA, for example, is contingent upon results in preclinical and clinical studies. This requires a commercialization strategy market segmentation, pricing and distribution channels with emphasis on brand development & positioning. The company also looks to increase market awareness and educate the healthcare professionals as well as patients about its benefits.
Demand for peptide-based drugs owing to the range of application in treatment and management strategy, increase prevalence of chronic diseases are some reasons driven market growth" Peptides, or short chains of amino acids that regulate a variety of biological processes in the body, and can be targeted for an array of therapies such as treatment for metabolic disorders, cancer and infectious diseases.
Post-marketing surveillance for safety and effectiveness are essential, as well as sales/marketing strategies to drive adoption. Post-launch opportunities for lifecycle management, combination products and reformulation improvements can increase the market opportunity of a drug when compared to branded therapy.
Success in taking a peptide drug to market is dependent on collaboration between pharma companies, physicians regulatory agencies and patient advocacy groups. Effective use of these strategies allows companies to provide the best possible conditions and increase their peptide drugs chances for lasting success in the highly competitive pharmaceutical market.
The momentum of the demand for peptide-based therapeutics is expected to rise and thus, key companies are concentrating at improving peptides as well scaling-up production. Regulatory Approvals and Pharmaceutical Companies Partnerships Pushing Commercialization of The Market.
The Global Peptide Drug Discovery Market value was USD 46.5 billion in 2024, it is Expected to Hit USD 88.1 billion by 2032 with CAGR of 7.2%
Key Takeaways:
Market drivers: -
Market trends: -
Peptide Therapeutics for Rare Diseases: For their selectivity and ability to fill an unmet medical need, peptides have gained interest as potential therapies for rare or orphan diseases. Refinement of safe- and effective-drug targets will bear these trends out, it is anticipated that this trajectory will be amplified by additional rare disease-target identifications.
Applications of AI and Machine Learning: Artificial intelligence, as well machine learning have a pivotal role in the discovery of peptide drugs by helping us predicting various functions including structure prediction for peptides; binding affinities helping designing optimized one or accelerating process efficiency to decrease drug development time.
Oral Peptide Drugs on the Rise: Typically administered through injection, there is a recent trend of oral peptide drug development. Significant technological advancements in formulation may help enable the oral administration route, thus widening opportunities for peptide therapeutics.
Growth in Focus on Targeted Therapies: Peptides are now being investigated to an increasingly large extent for their potential use as targeted therapies, covering particularly oncology at one end of the spectrum; and metabolic disorders/autoimmune diseases—among others—at the other. Their potency to bind precisely and strongly to targets render them a good candidate for precision medicine.
Progress in Peptide Synthesis: The development of more efficient peptide synthesis technologies such as automated solid-phase and liquid phase syntheses is expediting discovery. Thus, these developments have simplified the production of difficult peptides at a more competitive cost with increased purity.
Peptide Libraries Expansion: The growth of peptide libraries, unique and boundless, has driven high-throughput screening discovery all the more accessible; this helps in rapidly identify therapeutic candidates. It leads to innovation in peptide drug discovery.
Market key players: -
Recent Development: -
20 June 2024 - Roche announced today the launch of the first clinically approved, highly-sensitive in-situ hybridization (ISH) test, the VENTANA Kappa and Lambda Dual ISH mRNA Probe Cocktail assay, in countries accepting the CE Mark. The test is designed to help pathologists differentiate a B-cell malignancy from a normal, reactive response to an infection.
June 25, 2024 - Eli Lilly and Company announced a collaboration with OpenAI that will allow Lilly to leverage OpenAI's generative AI to invent novel antimicrobials to treat drug-resistant pathogens. Antimicrobial resistance (AMR) is one of the top public health and development threats across the global health landscape.
29 July 2024 - Roche announced today the completion of the acquisition of LumiraDx’s Point of Care technology, following the receipt of all required antitrust and regulatory clearances. Roche will now embark on the full integration of the company’s innovative multi-assay point of care platform and the related R&D, operational and commercial sites into its global organization.
Market segmentation: -
By Type
By Type of Manufacturers
By Application
By Route of Administration
By Synthesis Technology
Key stakeholders: -
Major Restraints:
Difficulties in the Large-Scale Synthesis of Peptides: While certain synthesis methods are practical at small scale, scaling up production while maintaining quality, consistency and purity is challenging, time consuming and requires extensive resources.
Market Dynamics and Access/ Reimbursement Issues: Peptide drugs are often at risk regarding access and reimbursement. Payers and insurance companies lack the willingness to cover peptide therapies regardless of cost, implicating the market potential for any developed peptide drug.
Limited Clinical Indication for Therapies: Typically, peptides are usually implemented for limited therapeutic indication for example oncology and area of endocrinology, and will have limited potential for further clinical therapeutic indentation requiring ongoing exploration and testing.
Lack of standard methodology for assays of peptides: An area of concern is the lack of methodology or standardized assays for regional evaluation of peptide drugs. For example, results of testing with peptide in one methodology, analyzing these drugs could lead to different outcomes in one study assessing it peptides across numerous different studies.
Opportunity: -
Emerging Application in Cancer and Immunotherapy: Peptides are receiving greater emphasis and interest as potentially important tools for oncology and immunotherapy. They could provide cancer vaccines, targeted therapies, and immune modulators. There may be large development potential for peptides in these highly valued therapeutic areas.
Emerging Application of Peptide-based Vaccines: Recently, peptide-based vaccines have received attention because of their capacity to give highly specifically targeted immune responses. The two unique examples of where peptides can take a significant opportunity include infectious diseases and cancer immunotherapy.
Peptide Drug Conjugates: A Promising Growth Avenue The use of peptide drug conjugates that is the binding or linking of peptide drugs to other therapeutic agents is growing. This could potentially be a new route to enhance selectivity and effectiveness, thus opening a new way for drug development.
Conclusion: -
The Peptide Drug Discovery Market is growing rapidly due to the demand for innovative therapy options for chronic disease, including cancer, diabetes, and cardiovascular disease. The advantage of using peptides is based upon their specificity, safety, and efficacy over small molecules or biologics. The technological advancements in peptide synthesis, screening technologies, and delivery systems have led to developments in peptide therapeutics development. In addition, research and the increased proportional investment in R&D have increased interest and have also driven the demand for peptide drugs, particularly for personalized medicine to patient populations.
Although there are positive developments in the peptide drug discovery market, there still remains challenges, including the complexity of the manufacture processes, stability, and costs associated to developing peptide drugs. Continuous research and increasing investment in the research and development market is likely to positively impact solutions to these issues in development to be submitted to the market. Collaborations in pharmaceutical institutions and research institutions will also drive innovations and will continue to expand the peptide drug pipeline as positive development in launching and selling drug therapies and drugs in hospital formulary increases. Overall, the Peptide Drug Discovery Market will continue to see positive growth, advancement in therapeutic development, development of clinical value, and improvements, to patient healthcare.
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