North America Is The Largest Regional Market For Glycomics Products

By Author: Johnny
Total Articles: 114
Comment this article

Glycomics Industry Overview

The global glycomics market is projected to reach USD 2 billion by 2025, from USD 1 billion in 2020, at a CAGR of 13.8% from 2020 to 2025. The growth of this market is mainly driven by increasing RD spending and financing for proteomics and glycomics. . . . Research, growth of the proteomics market and technological advancements in glycomics devices are key factors driving the growth of the glycomics market.

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

Glycomics Market Segmentation

MarketsandMarkets has segmented the Glycomics market on the basis of application, end user, and region:

The enzymes segment accounted for the largest share of the glycomics market, by product

The glycomics market, by enzymes, has been categorized into five product segments, namely, enzymes, instruments, kits, carbohydrates, and reagents chemicals. The enzymes segment is expected to dominate the market and is projected to grow at the highest CAGR during the forecast period.

Glycomics market for drug discovery development ...
... application is expected to grow at a high rate

By application, the glycomics market is segmented into drug discovery development, disease diagnostics, and other applications. Drug discovery development is the largest and the fastest-growing application segment in the glycomics market, majorly due to the increasing RD investments in pharmaceutical and biotechnology companies and the growing number of drug discovery research activities in academic research institutes.

Glycomics Market Regional Outlook

North America
Europe
Asia Pacific
Latin America
MEA
Market Share Insights

Agilent Technologies (US) has launched InfinityLab LC/MSD iQ System
Thermo Fisher Scientific (US) had launched UHMR Hybrid Quadrupole-Orbitrap Mass Spectrometer.
Key Companies Profile

The industry is marked by the presence of various large- and small-scale businesses operators. The market is highly competitive and dominated by key participants that focus on executing innovative strategies like mergers and acquisitions, market penetration, partnerships, and distribution agreements to increase their revenue.

Some prominent players in the global Glycomics market include,

Merck KGaA (Germany), Agilent Technologies (US), Thermo Fisher Scientific (US), New England Biolabs (US), Shimadzu Corporation (Japan), Takara Bio (Japan), S-BIO (subsidiary of Sumitomo Bakelite Co. Ltd., Japan), Waters Corporation (US), Asparia Glycomics S.L. (Spain), Bio-Techne (US), Bruker Corporation (US), Danaher Corporation (US), RayBiotech (US), Z Biotech (US), Chemily Glycoscience (US), Dextra Laboratories (UK), Lectenz Bio (US), and Ludger Ltd. (UK).

Order a free sample PDF of the Glycomics Market Intelligence Study, published by MarketsandMarkets