The global peptide therapeutics market size is expected to reach USD 260.25 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to grow at a CAGR of 10.77% from 2025 to 2030. Increasing demand for efficient and rapid-acting therapeutics for the treatment of cancer and other lifestyle-associated disorders, which result in lesser adverse effects, is anticipated to propel market growth. The rising incidence of cancer calls for exploring and introducing other means of therapies and low-cost treatment alternatives is expected to drive the market. Moreover, the growing geriatric population is expected to widen the consumer base by triggering the incidence rate of target diseases such as cancer and diabetes, which is expected to drive the demand for peptide therapeutics.
As per the International Agency for Research on Cancer (GLOBOCAN 2020) report, there will be 19,292,789 new cancer cases diagnosed globally in 2020, with 9,958,133 cancer deaths. Furthermore, the five-year prevalence of cancer was projected to be 50,550,287 worldwide. The global number of new cases of cancer is projected to reach 28,887,940 by 2040. As a result, the higher incidence of cancers around the world is set to perform an important role in the development of peptide therapeutics over the forecast period. Besides that, increasing awareness among health care providers and patients about the negative effects of chemotherapy and/or radiation therapy is a primary factor influencing the increased emphasis on alternative therapeutics like peptide-based drugs.
Technological advancements in the peptide manufacturing process are driving the market during the forecast period. Manufacturers and suppliers are focusing on the adoption of novel technologies to manufacture efficient drug molecules with low time and capital investment. Improvement in purification and automation process and less generation of waste are additional factors contributing to the market growth. For instance, in March 2022, Amgen announced the official opening of its latest bio-manufacturing facility in Holly Springs, North Carolina. The facility, which is set to open in 2025, will help cope with the growth of Amgen's medicines, which treat serious diseases like cancer and heart disease.
The COVID-19 pandemic is anticipated to spur the spectrum of cancer care, which includes delayed diagnoses, therapeutic interventions, and the impeding of clinical trials focused on developing cost-effective therapeutics for cancer treatment, with peptide therapeutics for cancer treatment being no exception, as per a research article published in Nature Cancer, 2020. There have been 21 peptide drugs in therapies for the treatment of COVID-19 as of May 2020, such as 15 synthetic peptides for the therapies of acute respiratory distress syndrome (ARDS) as well as other respiratory illnesses induced by severe acute respiratory infection. However, current implementations of peptide therapeutics in oncological and metabolic disorders and other fields have been hampered by drug shortages, operational problems, and the slow progress of clinical trials involving non-COVID-19 therapeutics.
For instance, in May 2022, EVER Pharma announced that Bortezomib has received EU-wide approval for the treatment of individuals with symptomatic myeloma and mantle cell lymphoma1. In May 2022, The European Commission approved Novartis' Jakavi post-steroid therapy for acute and chronic graft-versus-host ailments. Jakavi will be the first JAK1/2 inhibitor widely available for patients in Europe with steroid-refractory graft-versus-host ailment. In September 2021, Nimble Therapeutics and Incyte entered into strategic collaborative research to discover additional new peptide therapies.
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By type, the generic segment is the second largest segment in the market. The rise of generic peptide therapeutics is an emerging trend in the pharmaceutical industry
Outsourcing manufacturing segment is anticipated to grow at the fastest CAGR during the forecast period owing to the requirements of complex procedures and a shift in preference toward outsourcing, which helps in eliminating the cost of production
Based on synthesis technology, the recombinant DNA technology segment accounted for the largest revenue share of 79.26% in 2024
The North America Peptide Therapeutics market maintains a leading position in 2024 with share of 60.21% globally in 2024, driven by the rising prevalence of cancer, metabolic disorders, and rare diseases
Grand View Research has segmented the global peptide therapeutics market report based on application, type, type of manufacturer, route of administration, synthesis technology, and region:
Peptide Therapeutics Application Outlook (Revenue, USD Million, 2018 - 2030)
Cancer
Metabolic Disorders
Cardiovascular Disorders
Respiratory Disorders
Gastrointestinal Disorders
Infectious Diseases
Pain
Dermatological Disorders
Neurological Disorders
Renal Disorders
Others
Peptide Therapeutics Type Outlook (Revenue, USD Million, 2018 - 2030)
Generic
Innovative
Peptide Therapeutics Type of Manufacturers Outlook (Revenue, USD Million, 2018 - 2030)
In-house
Outsourced
Peptide Therapeutics Route of Administration Outlook (Revenue, USD Million, 2018 - 2030)
Parenteral Route
Oral Route
Pulmonary
Mucosal
Others
Peptide Therapeutics Synthesis Technology Outlook (Revenue, USD Million, 2018 - 2030)
Solid Phase Peptide Synthesis (SPPS)
Recombinant DNA Technology
Hybrid Technology
Liquid-Phase Peptide Synthesis (LPPS)
Others
Peptide Therapeutics Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Denmark
Sweden
Norway
Asia Pacific
China
Japan
India
Australia
Thailand
South Korea
Latin America
Brazil
Argentina
Middle East & Africa
South Africa
Saudi Arabia
UAE
Kuwait
List Of Key Players in the Peptide Therapeutics Market
Eli Lilly and Company
Pfizer Inc.
Amgen Inc.
Takeda Pharmaceutical Company Limited
AstraZeneca
Teva Pharmaceutical Industries Ltd.
Sanofi
F. Hoffmann-La Roche Ltd
Novartis AG
Novo Nordisk A/S
GSK plc
Ironwood Pharmaceuticals, Inc.
Radius Health, Inc. (Subsidiary of Gurnet Point Capital and Patient Square Capital)
Ipsen Pharma
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