Global Glycomics/Glycobiology Market is expected to reach USD
2.1 billion by 2025, according to a
new report by Grand View Research, Inc. Increasing investment in R&D by
research institutes and pharmaceutical & biotechnology companies has been a
major factor driving market growth. In addition, technological advancement has
led to increased demand for advanced glycomics products for drug discovery
& development, diagnostics, and oncology research.
Escalating
popularity of personalized medicines for the treatment of several severe
chronic diseases and genetic disorders is another major factor contributing
toward the growth. Personalized medicines involve the application of glycomics
for the study of structure and function of glycans that are attached to
biomolecules. Glycans play a crucial role in modulating various biological
processes and their assessment can help determine the susceptibility to
diseases & response to treatment. Thus, application of glycobiology
products is expected to rise in near future, owing to their high potential in
personalized medicine.
Untapped
opportunities in developing regions, including Asia Pacific and Africa, are
another major factor supporting the growth of the glycomics market. Glycomics
research is important for comprehensive study of glycomes to understand the
cellular signaling pathways, cell functions, genetic structure, and
physiological & pathological aspects. Glycomics research has become more
popular these days due to its advantages over genomic/proteomic analysis that
cannot be used to study many pathological processes. Thus, the demand for
advanced glycomics products by researchers and healthcare professionals is
expected to fuel the sector growth.
Full Research Report on Global Glycomics Market
Analysis:
http://www.grandviewresearch.com/industry-analysis/glycobiology-market
http://www.grandviewresearch.com/industry-analysis/glycobiology-market
Further Key Findings From the Report Suggest:
- Enzymes segment is the fastest growing
segment of the glycobiology market in 2016, due to its huge application in
research & diagnostics and repetitive purchase of these products
- In the application segment, drug
discovery & development accounted for the largest revenue share in
2016, owing to the growing focus on novel drug development and demand for
personalized medicines
- The academic and research institutes
dominated in terms of revenue in 2016, owing to the large focus on
glycobiology research and proteomics study
- The North America glycobiology market is
the leading regional sector and expected to dominate the market during
forecast period
- Existence of large number of research laboratories,
pharmaceutical companies, and biotechnology companies in North America
region is the major reason for the high demand for glycobiology products
in this region
- The Asia Pacific glycobiology market is
expected to grow at the highest growth rate during the forecast period
- Some of the major players include
Danaher; ProZyme; Shimadzu Corporation; Agilent Technologies; Bruker;
Merck KGaA; Takara Bio, Inc.; New England Biolabs; ThermoFisher
Scientific, Inc.; and Waters Corporation
View more reports of this category by Grand View Research
at: http://www.grandviewresearch.com/industry/biotechnology
Grand View Research has segmented the Global
Glycomics/Glycobiology Market on the basis of product, application, end-use,
and region:
Glycomics/Glycobiology Product Outlook (Revenue, USD
Million; 2014 - 2025)
- Instruments
- Mass spectrometers
- HPLC
- MALDI-TOF
- Array systems
- Others
- Reagents
- Glycoproteins
- Monosaccharides
- Oligosaccharides
- Others
- Kits
- Glycan labeling kits
- Glycan purification kits
- Glycan release kits
- Others
- Enzymes
- Glycosidases
- Glycosyl transferases
- Neuraminidases
- Sialyl transferases
- Others
Glycomics/Glycobiology Application Outlook (Revenue,
USD Million; 2014 - 2025)
- Drug discovery & development
- Diagnostics
- Others
Glycomics/Glycobiology End-use Outlook (Revenue, USD
Million; 2014 - 2025)
- Academic and research institutes
- Pharmaceutical and biotechnology
companies
- CROs
Glycomics/GlycobiologyRegional Outlook (Revenue, USD
Million; 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- Asia Pacific
- Japan
- China
- India
- Latin America
- Brazil
- Mexico
- MEA
- South Africa
Access Press Release of this research report by Grand
View Research: http://www.grandviewresearch.com/press-release/global-glycomics-glycobiology-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.comc
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