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Glycomics/Glycobiology Market by Product, Instruments, Kits & Reagents, Application, End User - Global Forecast to 2021

Glycomics/Glycobiology Market: Global Forecast until 2021

  • January 2017
  • 160 pages
  • ID: 4674548
In this report:
According to Eurostat, in 2013, the pharmaceutical R&D in the U.K. was around USD ##.## billion (£##.## billion)-around ##% of the total expenditure on R&D in U.K. The high pharmaceutical R&D expenditure is expected to boost the growth of the glycomics market in the forecast period.
The drug discovery and development application segment is expected to command the largest share of ##.##% of the global glycomics market in 2016, growing at the highest CAGR of ##.##% during the forecast period.

Summary

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The overall glycomics/glycobiology market is poised to reach $1211.40M by 2021 from $649.50M in 2016, at a compound annual growth rate (CAGR) of 13.30 percent. The glycomics/glycobiology market is broken down on the basis of product, application, final user, and area.

Elements such as growing government and private funding for glycomics and proteomics research and increasing R&D expenditure by pharmaceutical and biotechnology firms are the top drivers for the increase ot the overall glycomics/glycobiology market.

On the basis of product, the sector is divided into enzymes, instruments, kits, and reagents. The enzymes segment is expected to grow at the highest CAGR (Compound annual growth rate) during the estimate period. This increase is primarily attributed to their consumable nature and wide applications in a variety of R&D and drug discovery procedures. The enzymes segment is further divided into glycosidases, glycosyltransferases, neuraminidases, sialyltransferases, and other enzymes.

On the basis of application type, the sector is divided into diagnostics, drug discovery & development, oncology, immunology, and other applications. In 2016, the drug discovery and development segment is forecasted to account for the biggest share of the market. This rise can be attributed to growth in Research&development activities for the development of novel drugs and therapies.

On the basis of area, the sector is divided into North America, Asia area, Europe (EU), and RoW. The Asian market is forecasted to grow at the highest compound annual growth rate (CAGR) during the outlook period. This increase is essentially attributed to the rising commercialization of R&D by pharmaceutical and biotechnology firms, increasing demand for personalized medicine, and growing importance of companion diagnostics.

Apart from comprehensive regional and product review and sizing of market, the study also offers a competitive analysis that includes the increase strategies approved by sector actors over the last three years. Additionally, the corporation reviews include basic views on the top players in the glycomics/glycobiology market and product types, advancements, and strategies approved by market actors to maintain and rise their market shares in the upcoming future. The above-mentioned segment research data, current market size, and projection of future trends will facilitate top players and new sector entrants to make the essential decisions regarding product offerings, regional focus, change in strategic way, Research and development investments for modernizations in products and technologies, and levels of output in order to remain profitable.

Why acquiring this study can help you:

The market research will increase both established firms as well as new entrants/smaller companies to measure the pulse of the sector, which in turn will facilitate the organizations collect a higher market share. Companies obtaining the industry report can use any one or an aggregation of the below-mentioned five strategies (sector entry, product improvement/innovative projects, sector development, business diversification, and opposing assessment) for strengthening their market shares.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on product portfolios of the top actors in the glycomics/glycobiology market. The analysis examines the glycomics/glycobiology by product, application, end-user, and area

- Product improvement/Innovative products: In-depth understanding on the next technologies, Research&development activities, and recent product launches in the glycomics/glycobiology market

- Opposing assessment: In-depth assessment of the market strategies, regional and industry segments, and product review of the main players in the glycomics/glycobiology market

- Industry development: Highlighted information about the profitable emerging sectors. The market research examines the sector for different glycomics/glycobiology offerings across localities

- Industry diversification: Complete information about recent products and services, untapped areas, recent evolutions, and market investments in the glycomics/glycobiology market

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