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The global glycomics market attained a value of about USD 1.58 billion in 2023. The market is further expected to grow at a CAGR of 15.1% during the forecast period of 2024-2032 to reach nearly USD 5.58 billion by 2032.
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The global market for glycomics is being driven by its various applications in drug discovery and diagnostics. The field of glycoscience is growing at a healthy pace owing to robust investments in glycomic and proteomic research. Glycans are found in all living organisms, and due to the rising number of chronic diseases, robust pharmaceutical investments in the research and development (R&D) for glycans to treat diseases like inflammatory and cardiometabolic disorders is boosting the growth of the market. In addition to this, academic and research institutes play a significant role in the growth of the market. This can be attributed to the growth and advancement of research institutions, active collaborations between pharmaceutical companies and research centres to study the relationship between glycan structure and different diseases. These factors are augmenting the market growth of glycomics.
Glycomics or glycobiology refers to the study of the structure, composition, and function of carbohydrates or glycans found in a living organism for the diagnosis of a disease or for the development of a cure.
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On the basis of product, the market can be divided into:
Enzymes can be further classified into glycosidases, neuraminidases, glycosyltransferases, and sialyltransferases, among others.
Kits can be sub-divided into glycan labelling kits, glycan purification kits, and glycan release kits, among others.
Reagents can be further segmented into glycoproteins, monosaccharides, and oligosaccharides, among others.
Instruments can be further categorised into mass spectrometers, HPLC, MALDI-TOF, and array systems, among others.
Based on application, the market can be categorised into:
The market, based on end-use, can be segmented into:
The EMR report looks into the regional markets of glycomics like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
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The global market for glycomics is being aided by the increasing healthcare expenditures by governments of developed and developing nations in the field of biology. Glycans play a crucial role in biological processes such as cell interaction and are therefore significant for drug and vaccine developments. The market growth can also be linked to the adoption of advanced research tools such as data analytics using progressive digital technology like artificial intelligence. Furthermore, the strategies employed by leading industry players to expand operations in untapped and emerging economies is another factor bolstering the growth of the market. Moreover, the advent of deep sequencing technologies has led to major analytical advances in the field of glycomics in recent years, hence invigorating the growth of the market.
The report presents a detailed analysis of the following key players in the global glycomics market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions:
The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product |
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Breakup by Application |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global glycomics market attained a value of nearly USD 1.58 billion in 2023.
The market is projected to grow at a CAGR of 15.1% in the forecast period of 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 5.58 billion by 2032.
The market is being driven by the increasing prevalence of underlying diseases and the resultant rise in investments for pharmaceutical research and development (R&D) for diagnosis and drug development.
The market growth can be associated with robust government investments into the healthcare sector of developing countries and the advancements in advanced research and analytical tools.
The major regional markets for glycomics are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
The different products of glycomics are enzymes, kits, reagents, and instruments.
The significant applications of glycomics are drug discovery and development, and diagnostics, among others.
The major end-uses of glycomics are academic and research institutes, pharmaceutical and biotechnology companies, and contact research organisations (CROs).
The major players in the industry are Merck KGaA, Thermo Fisher Scientific Inc., Shimadzu Corporation, Agilent Technologies, Inc., and Takara Bio Inc., among others.
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