This Glycomics/Glycobiology Market report covers the detailed competitive outlook of the market including the market share and company profiles of the key participants in the market. Various market Analysis Like SWOT analysis, Porter five Analysis, Industry value chain analysis are included in this research report. This Glycomics/Glycobiology Market research report provides discussion of research and development and the demand for new products and new applications. This Glycomics/Glycobiology Market report also provided comprehensive company profiles of major players in the industry. The scope of the report includes a detailed study of global and regional markets for various Glycomics/Glycobiology Market market for variations in the growth of the industry in certain regions.
This Glycomics/Glycobiology Market report will impact the industry and profiles of leading suppliers of the market. These key players compete based upon pricing, quality, technology and reputation. The market is forecasted to demonstrate a stunning growth, surpassing its previous growth record in terms of value with striking CAGR during the estimated period. The Glycomics/Glycobiology Market report for global market further comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market.
Data Bridge Market Research analyses that the glycomics/glycobiology market which was USD 16.4 billion in 2021, would rocket up to USD 47.44 billion by 2029, and is expected to undergo a CAGR of 14.2% during the forecast period 2022 to 2029.
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Definition
The study of saccharides, which are extensively distributed in nature and are also thought as glycans, and their structure, biology, and function is known as glycomics or glycobiology. Each and every living thing contains glycans. Biotechnology, biomedicine, and basic research are all interested in glycobiology's rapidly developing biological topic.
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Key Growth Drivers:
- Technological advancements
Technological advancements are thought to promote corporate expansion. Other important aspects that operate as determinants include rising analysis spending by various administration groups and the development of novel drugs by biotechnology and pharmaceutical firms. Additionally, throughout the 2022–2029 forecast period, increasing interest in proteomics examination learnings is anticipated to fuel market growth.
- Rising R&D expenditures
The market is expanding primarily due to rising glycomics research efforts, rising R&D expenditures by pharmaceutical and biotechnology firms, and expanding proteomics sales. On the other hand, developing nations like China and India provide profitable chances for business in this sector.
- Rise in the geriatric population
The rising prevalence of disorders like diabetes and obesity, rising health-care spending, and the fast-growing diagnostic industry are driving the expansion of the global glycomics/glycobiology market.
The report emphasizes the participation of key entities, notably:
- Merck KGaA (Germany)
- Agilent Technologies Inc. (U.S.)
- Thermo Fisher Scientific Inc. (U.S.)
- Shimadzu Corporation (Japan)
- Takara Bio Inc. (Japan)
- Waters Corporation (U.S.)
- Asparia Glycomics S.L. (Spain)
- Bio-Techne (U.S.)
- Bruker (U.S.)
- Danaher (U.S.)
- RayBiotech, Life Inc. (U.S.)
- Z Biotech LLC (U.S.)
- Chemily Glycoscience (U.S.)
- Dextra Laboratories Ltd. (U.K.)
- Lectenz Bio (U.S.)
- Ludger Ltd. (U.K.)
Key Market Perspectives:
- Thorough examination of prevailing market tendencies
- Updates on the latest product advancements and innovations
- Glycomics/Glycobiology MarketCompound Annual Growth Rate (CAGR) for both historic and forecasted years
- Strategies and activities of prominent players and brands in the field
- Insights into the industry landscape for emerging participants
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Key Market Segmentation
By Product (Enzymes, Kits, Reagents and Chemicals, Instruments, Carbohydrates), Application (Drug Discovery and Development, Disease Diagnostics, Other Application), End User (Academic Research Institutes, Pharmaceutical and Biotechnology Companies, Clinical Laboratories)
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