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Europe Glycomic Therapeutics Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – Class, Structures, Indications, Mode of Action

Europe Glycomic Therapeutics Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – Class, Structures, Indications, Mode of Action

  • November 2022
  • 222 pages
  • ID: 6368895
  • Format: PDF
  • The Insight Partners

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The glycomic therapeutics market in Europe is expected to grow from US$ 37,002.34 million in 2022 to US$ 88,658.62 million by 2028; it is estimated to grow at a CAGR of 14.5% from 2022 to 2028.

Increasing Research and Development in Glycomic Therapeutics Drives Market Growth

Glycans may be exceedingly complex and are found in many areas of the microbiome components, such as proteins and cell surfaces.Researchers and players are actively involved in the glycomics industry and are constantly focusing on technological developments to offer better alternatives to conventional techniques.

For instance, in March 2022, Palleon Pharmaceuticals, a company pioneering the field of glycol-immunology to treat cancer and inflammatory diseases, announced the dosing of the first patient in the company’s Phase 1/2 study of E-602 in patients suffering from an advanced stage of cancers.The study, called GLIMMER-01 (Glycan-Immune Regulation), is the first clinical study of Palleon’s novel approach to cancer immunotherapy, which targets immunosuppressive sialoglycans.

In April 2022, CPTAC glycoproteomic researchers developed the "Peptide-First" multi-attribute glycan identification method.According to a study published in February 2022 by researchers at the University of Copenhagen’s Center for Glycomics, Heparin can now be produced without using animal through glycomics studies.

Such research and developments in the field of glycomics are driving the glycomics therapeutics market growth.

Market Overview

The Europe glycomic therapeutics market is segmented into Germany, the UK, France, Italy, Spain, and the Rest of Europe.The region holds a significant share of the glycomic therapeutics market.

Europe occupies a significant position in the glycomic therapeutics market and is estimated to register a robust growth rate over the forecast period. The market growth in the region is expected due to the rising number of cancer cases and viral infection and an increase in investment in research and development.

Europe Glycomic Therapeutics Market Revenue and Forecast to 2028 (US$ Billion)

Europe Glycomic Therapeutics Market Segmentation

The Europe glycomic therapeutics market is segmented on the basis of class, structure, indications, mode of action, and country.

Based on class, the Europe glycomic therapeutics market is bifurcated into isolated and synthetic.The synthetic segment registered a larger market share in 2022.

Based on structure, the Europe glycomic therapeutics market is segmented into glycoproteins, targeting sialic acid, proteoglycans, targeting glycosaminoglycans, glycosylphosphatidylinositol (GPI)-anchored proteins & heparin based glycans, targeting glycosphingolipids, and others.The glycoproteins segment held the largest market share in 2022.

Based on indications, the Europe glycomic therapeutics market is segmented into thrombosis & chemoprophylaxis, anaemia, anti-adhesive & anti-inflammatory, cataracts, gaucher’s disease, MPS-1 & IV, cancer, alzheimer’s disease, influenza type A & B, and others.The influenza type a & b segment held the largest market share in 2022.

Based on mode of action, the Europe glycomic therapeutics market is segmented into inhibits neuraminidase, inhibits heparanase and selectins and blocks interactions between growth factors and heparan sulfate, erythropoietin & enzyme replacement therapy (ERT), tissue plasminogen activator, inhibits glucosylceramide synthase, interleukin 1 and 2 and 3, beta & gamma interferons, and others. The erythropoietin & enzyme replacement therapy (ERT) segment held the largest market share in 2022. Based on country, the Europe glycomic therapeutics market is segmented into the UK, Germany, France, Italy, Spain, and the Rest of Europe. Germany dominated the market in 2022. Intellihep Ltd; BioMarin Pharmaceutical Inc.; Genzyme Corporation(Sanofi); Bayer AG; Alzheon, Inc.; GlycoMar; GlaxoSmithKline plc.; and F. Hoffmann-La Roche Ltd. are the leading companies operating in the glycomic therapeutics in Europe.

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