Glycomics Market Trend, Research, Insights and Forecast 2019 - 2026

 Glycomics Industry Overview

The global glycomics market size was estimated at USD 822.5 million in 2018. It is anticipated to expand at a CAGR of 14.7% over the forecast period. Technological advancements are expected to drive the market.

Rising investments in research by various government bodies and development of novel drugs by pharmaceutical and biotechnology companies are other major contributing factors. In addition, rising focus on glycomics and proteomics research studies is anticipated to propel market expansion in near future.

Rising investments from governments and organizations have enabled academic researchers to develop new glycomics and glycobiology tools. This factor is anticipated to drive the field of glycoscience, thereby driving the overall market. In glycoproteomics, there is a need for advanced analytical methods for studying pathogen and human glycobiology in disease and health.

Gather more insights about the market drivers, restrains and growth of the Global Glycomics Market

Hence, there has been a rise in biomedical and proteomics research, leading to the growth of this market. Technological advancements have also contributed to the increased demand for glycomics instruments. Procedures like protein characterizations are evolving into advanced technologies, such as High Performance Liquid Chromatography (HPLC), Mass Spectrometry (MS), and Capillary Electrophoresis (CE) in chemical and biochemical research. These advanced techniques provide rapid and high-sensitivity results.

Pharmaceutical and biotechnology companies are growing with increasing R&D activities, which include glycomics research. For instance, Thermo Fisher Scientific invested around USD 888 million in R&D in 2017. Agilent Technologies spent USD 339 million on R&D in 2017. Moreover, small-scale pharmaceutical companies are also spending more on R&D. This factor is anticipated to accelerate market growth in the years to come.

Browse through Grand View Research's Biotechnology Industry Research Reports.

  • Enzymes Market - The global enzymes market size was valued at USD 10.69 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.5% from 2021 to 2028.
  • Nucleic Acid Isolation And Purification Market - The global nucleic acid isolation and purification market size was valued at USD 4.1 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 11.4% from 2021 to 2028.

Glycomics Market Segmentation

 

Grand View Research has segmented the global glycomics market on the basis of product type and region:

 

  • Glycomics Product Outlook (Revenue, USD Million, 2015 - 2026)
    • Enzymes
      • Glycosidases
      • Neuraminidases
      • Glycosyltransferases
      • Sialyltransferases
      • Others
    • Kits
      • Glycan Labeling Kits
      • Glycan Purification Kits
      • Glycan Release Kits
      • Others
    • Reagents
      • Glycoproteins
      • Monosaccharides
      • Oligosaccharides
      • Others
    • Instruments
      • Mass Spectrometers
      • HPLC
      • MALDI-TOF
      • Array Systems
      • Others

 

  • Glycomics Application Outlook (Revenue, USD Million, 2015 - 2026)
    • Drug Discovery & Development
    • Diagnostics
    • Others

 

  • Glycomics End Use Outlook (Revenue, USD Million, 2015 - 2026)
    • Academic & Research Institutes
    • Pharmaceutical & Biotechnology Companies
    • CROs

 

  • Glycomics Regional Outlook (Revenue, USD Million, 2015 - 2026)
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East and Africa

 

Market Share Insights

  • February 2018: Merck KGaA invested 40 million Euros to enhance their distribution and manufacturing services in the Asian region.
  • July 2018: Agilent Technologies completed the acquisition of ULTRA Scientific Assets, a company engaged in distribution of certified chemical materials and standards. This acquisition was aimed at providing the company with life sciences solutions, creating a wider consumer base.

Key Companies profiled:

Some prominent players in the global glycomics market include

  • Danaher
  • ProZyme
  • Shimadzu Corporation
  • Agilent Technologies
  • Bruker
  • Merck KGaA
  • Takara Bio, Inc.
  • New England Biolabs
  • ThermoFisher Scientific, Inc.
  • Waters Corporation

Order a free sample PDF of the Glycomics Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

 

 

 

 

 

Comments

Post a Comment

Popular posts from this blog

Global Potash Market: Trends, Growth & Forecast 2023-2032

T he global  potash market  size is expected to reach USD 93.50 billion by 2032, growing at a CAGR of 4.9% from 2023 to 2032, according to a new study by Grand View Research, Inc. This is attributed to the increasing demand for food and efficient usage of agricultural land. As consumers seek healthier options, there has been a surge in demand for high-value crops like fruits, vegetables, and specialty crops, boosting the demand for potash. Furthermore, the adoption of precision agriculture techniques has become increasingly prevalent in recent years. Precision agriculture involves using advanced technologies and data-driven approaches, such as soil testing and targeted nutrient management, to make informed decisions about fertilizer application.   Farmers are embracing precise and site-specific methods for applying fertilizers, based on field variability and crop requirements. This trend makes way for optimized resource utilization, improved crop performance, and enhanced...
Read more

Smart Ticketing Market Report: Emerging Technologies & Market Opportunities

  The global smart ticketing market size is expected to reach USD 31.65 billion by 2030, growing at a CAGR of 15.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. With the widespread adoption of smartphones, mobile ticketing channels have gained traction, allowing users to purchase, store, and validate tickets directly on their mobile devices, eliminating the need for physical cards or paper tickets. The convenience and ease of use offered by mobile ticketing have contributed to the growth of the market. Smart ticketing systems generate vast amounts of data on passenger journeys, travel patterns, and ticket usage.   Operators leverage this data to gain valuable insights, optimize operations, and improve the overall passenger experience. Data analytics techniques, such as predictive modeling and real-time monitoring, are being applied to enhance efficiency, manage capacity, and offer personalized services, which bode well for smart ticketing...
Read more

Boosting Crop Yields: India Foliar Fertilizer Market Trends & Forecasts

  The  India foliar fertilizer market  size is expected to reach USD 4.9 billion by 2030, expanding at a CAGR of 11.3% during the forecast period, as per a new report by Grand View Research, Inc. The industry growth is majorly driven by surged demand for food due to increasing population coupled with supportive government initiatives and decreasing arable land in the country.   There has been a significant increase in the global prices of fertilizers and foliar fertilizers. As such, farmers falling into small- and marginal-income categories cannot afford to buy fertilizers resulting in reduced agricultural yields. This has led the Government of India to take initiatives to provide fertilizer subsidies to farmers in the country to make them affordable at subsidized prices. For instance, the Government of India announced a subsidy scheme related to fertilizers worth USD 27 billion in 2022 to ensure that fertilizers are affordable for every farmer in the country. Thus, ...
Read more