The Glycomics Market size was estimated at USD 1.7 billion in 2022 and is expected to reach USD 5.09 billion by 2030 with a growing CAGR of 14.7% during the forecast period of 2023-2030.
Glycomis is the study of saccharides, which are widely distributed in nature and are also assumed to be glycans, and their structure, biology, and function. Glycans are found in all living things. The rapidly emerging biological field of glycobiology piques the interest of biotechnology, biomedicine, and fundamental research.
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Researchers at the University of California, San Diego, developed a platform in September 2021 that allows glycomics datasets to be evaluated using AI and other machine learning approaches. GlyCompare is the term given by the researchers to their method. It requires a systems-level perspective that takes into consideration shared glycan biosynthesis pathways within and across samples. The researchers hope to create clinical advancements in cancer diagnoses using this approach.
DRIVERS
Technological progress
An increase in the geriatric population
Glycans are emerging as biomarkers.
Glycans are essential in life; changes in glycans can result in harmful outcomes such as birth abnormalities, heart problems, growth issues, and epilepsy. According to research, mutations in glycosyltransferases or associated enzymes modify/alter the glycome and can cause over 100 different forms of glycosylation diseases in humans.
RESTRAIN
Glycobiology products and tools are extremely expensive.
Glycobiology products and instruments, such as reagents, carbohydrates, mass spectrometers, glycan analysis kits, and enzymes, are prohibitively expensive. Developing glycobiology instruments necessitates tremendous investment, which is exacerbated by tight laws and regulations.
OPPORTUNITY
Applications of glycomics in precision medicine
Precision medicine has expanded considerably in recent years. Many pharmaceutical and biotech companies are substantially investing in the development of tailored medications that can be used for a specific population of patients. Sugars on the cell's surface and complex biomolecules are engaged in a variety of functions, including cell recognition and communication. Inflammation, autoimmune illness, and viral and bacterial infections all rely on these pathways.
CHALLENGES
Lack of skilled workers
One of the most significant issues is a lack of trained workers involved in glycobiology research and process execution. This is a time-consuming, inefficient, and hazardous practice. Even the personnel who handle glycobiology products are in short supply. This is the most significant market barrier.
The current Russia-Ukraine war has taken a toll on the country's pharmaceutical industry, with commerce down by at least 50% as many manufacturers who ship medications to Russia allege, they have yet to be paid. Furthermore, the production cycle has been hampered because output will be hampered if manufacturers do not receive their payments on time. India's pharmaceutical exports to Russia account for 2.4% of overall pharmaceutical exports, while exports to Ukraine account for 0.74%. Dr. Reddy's Laboratories, India's fourth-largest pharmaceutical company by market capitalization, distributes a wide range of pharmaceutical products to Russia and is a significant distributor of Russia's Sputnik covid-19 vaccine in India.
IMPACT OF ONGOING RECESSION
Many analysts are concerned that the United States is on the verge of a recession as the economic damage from the COVID-19 outbreak intensifies. While every company is watching for the consequences, those in the biopharma industry may be especially concerned. Many businesses will certainly shift course if the United States experiences a recession. However, it may have a positive impact on some biotechs. According to experts, biotechs will turn to technology to compensate for budget cuts, resulting in higher efficiencies, faster outcomes, and a shift in the way biotech professionals work. However, biotechs facing budget cuts and revenue losses may feel compelled to collaborate with larger pharmaceutical companies, or even agree to an acquisition. Other areas, like as research and development, are unlikely to change as a result of the recession, at least not immediately. Clinical trials, on the other hand, may suffer unless biotechs adopt technology that make the procedure more cost-effective.
By Product
Enzymes
Glycosidases
Neuraminidases
Glycosyltransferases
Sialyltransferases
Others
Kits
Glycan Labeling Kits
Glycan Purification Kits
Glycan Release Kits
Others
Reagents
Glycoproteins
Monosaccharides
Oligosaccharides
Others
Instruments
Mass Spectrometers
HPLC
MALDI-TOF
Array Systems
Others
In 2022, the enzymes segment is expected to held the highest market share of 29.3% during the forecast period due to the widespread use of enzymes in glycan-based research, diagnostics, and drug discovery. Several research investigations show that these enzymes are epigenetically regulated in multiple cancer cells, leading in the production of glycan structures, which are one of the most commonly used strategies by malignant cells to elude immune responses in a host. Researchers created genetically modified cell models to better understand the activities of particular glycan cancer epitopes. Overexpression of glycosyltransferases, for example, results in the characterization of the function and biosynthesis of cancer-associated epitopes such as STn, T, Tn, and ST.
By Application
Drug Discovery & Development
Diagnostics
Others
In 2022, the drug discovery & development segment is expected to dominate the largest market growth rate of 42.4% during the forecast period. forecast period because of the increased number of R&D initiatives and government financing for glycomics and proteome research. Glycan profiling tools and analytical techniques, as well as advances in glycobiology research, have paved the way for understanding the significance of glycans in the identification of novel therapeutic targets. Furthermore, increased market collaboration to understand the role of glycan in the development of therapies for various illnesses is expected to drive segment expansion. For example, BridgeBio Pharma, Inc. and the Canadian Glycomics Network (GlycoNet) cooperated in April 2021 to uncover possible treatments for hereditary diseases using glycomics research.
By End User
Academic & Research Institutes
Pharmaceutical & Biotechnology Companies
Biopharmaceutical Companies
CROs
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In 2022, the academic & research institutes segment is expected to dominate the highest market share of 38.4% during the forecast period owing to the growing choice for glycobiology as a field for training and education is another element driving segment growth. Furthermore, glycomics products have several applications in biomedical research, drug discovery and development, immunology, cell biology, and biochemistry, which are projected to drive market expansion in the near future. Government agencies fund specific organizations to collaborate with university institutions, which has increased the penetration of glycomics approaches.
North America held a significant market share of 39.2% in 2022 owing to the developed economies, improved healthcare infrastructure, presence of significant players, and different strategic initiatives done by them jointly drive the industry. Furthermore, rising demand for sophisticated therapies, as well as increased government support in the form of R&D funding, are driving regional industry growth. For example, in April 2023, the National Institutes of Health (NIH) launched a program named Glycoscience to support glycobiology research in glycan science.
Europe is witness to expand fastest CAGR rate of during the forecast due to the existence of world-class universities and research facilities, as well as a high disease burden, are expected to boost the regional market. Furthermore, the availability of research grants and funding programs has enabled biopharmaceutical businesses and academic institutions to conduct more in-depth glycomics investigations and investigate possible applications in healthcare.
REGIONAL COVERAGE
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The major players are Thermo Fisher Scientific, Inc., Merck KgaA, Agilent Technologies Inc., Bruker, New England Biolabs, Shimadzu Corporation, Waters Corporation, Takara Bio Inc, Asparia Glycomics, RayBiotech Life, Inc., and Others.
In April 2022, Bruker Corporation (US) purchased lonSense (US) in order to expand the use of DART Mass spectrometers.
In April 2021, GlycoNet and BridgeBio Pharma Inc. formed a collaboration to discover medications for genetic illnesses through glycobiology research.
|
Report Attributes |
Details |
|
Market Size in 2022 |
US$ 1.7 billion |
|
Market Size by 2030 |
US$ 5.09 billion |
|
CAGR |
CAGR of 14.7% From 2023 to 2030 |
|
Base Year |
2022 |
|
Forecast Period |
2023-2030 |
|
Historical Data |
2019-2021 |
|
Report Scope & Coverage |
Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
|
Key Segments |
• Instruments), By Application (Drug Discovery & Development, Diagnostics, Others) |
|
Regional Analysis/Coverage |
North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
|
Company Profiles |
Thermo Fisher Scientific, Inc., Merck KgaA, Agilent Technologies Inc., Bruker, New England Biolabs, Shimadzu Corporation, Waters Corporation, Takara Bio Inc, Asparia Glycomics, RayBiotech Life, Inc. |
|
Market Opportunities |
• Applications of glycomics in precision medicine |
|
Market Restrain |
•Glycobiology products and tools are extremely expensive. |
The Construction And Demolition Waste Management Market is expected to grow at CAGR 4.9% from 2023 to 2030.
According to our analysis, the Construction And Demolition Waste Management Market is anticipated to reach USD 114.56 Billion By 2030.
Favorable government efforts and economical raw material procurement are major drivers of market expansion.
The leading participants in the,Veolia Environnement S.A. (France), Waste Connections (U.S.), Clean Harbors, Inc. (U.S.), Remondis (Germany), Republic Services (U.S.), FCC Environment Limited (U.K.), WM Intellectual Property Holdings, L.L.C. (U.S.).
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Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Ukraine- Russia War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Glycomics Market Segmentation, By Product
8.1 Enzymes
8.1.1 Glycosidases
8.1.2 Neuraminidases
8.1.3 Glycosyltransferases
8.1.4 Sialyltransferases
8.1.5 Others
8.2 Kits
8.2.1 Glycan Labeling Kits
8.2.2 Glycan Purification Kits
8.2.3 Glycan Release Kits
8.2.4 Others
8.3 Reagents
8.3.1 Glycoproteins
8.3.2 Monosaccharides
8.3.3 Oligosaccharides
8.3.4 Others
8.4 Instruments
8.4.1 Mass Spectrometers
8.4.2 HPLC
8.4.3 MALDI-TOF
8.4.4 Array Systems
8.4.5 Others
9. Glycomics Market Segmentation, By Application
9.1 Drug Discovery & Development
9.2 Diagnostics
9.3 Others
10. Glycomics Market Segmentation, By End User
10.1 Academic & Research Institutes
10.2 Pharmaceutical & Biotechnology Companies
10.3 Biopharmaceutical Companies
10.4 CROs
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Glycomics Market by Country
11.2.2North America Glycomics Market by Product
11.2.3 North America Glycomics Market by Application
11.2.4 North America Glycomics Market by End User
11.2.5 USA
11.2.5.1 USA Glycomics Market by Product
11.2.5.2 USA Glycomics Market by Application
11.2.5.3 USA Glycomics Market by End User
11.2.6 Canada
11.2.6.1 Canada Glycomics Market by Product
11.2.6.2 Canada Glycomics Market by Application
11.2.6.3 Canada Glycomics Market by End User
11.2.7 Mexico
11.2.7.1 Mexico Glycomics Market by Product
11.2.7.2 Mexico Glycomics Market by Application
11.2.7.3 Mexico Glycomics Market by End User
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Glycomics Market by Country
11.3.1.2 Eastern Europe Glycomics Market by Product
11.3.1.3 Eastern Europe Glycomics Market by Application
11.3.1.4 Eastern Europe Glycomics Market by End User
11.3.1.5 Poland
11.3.1.5.1 Poland Glycomics Market by Product
11.3.1.5.2 Poland Glycomics Market by Application
11.3.1.5.3 Poland Glycomics Market by End User
11.3.1.6 Romania
11.3.1.6.1 Romania Glycomics Market by Product
11.3.1.6.2 Romania Glycomics Market by Application
11.3.1.6.4 Romania Glycomics Market by End User
11.3.1.7 Turkey
11.3.1.7.1 Turkey Glycomics Market by Product
11.3.1.7.2 Turkey Glycomics Market by Application
11.3.1.7.3 Turkey Glycomics Market by End User
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Glycomics Market by Product
11.3.1.8.2 Rest of Eastern Europe Glycomics Market by Application
11.3.1.8.3 Rest of Eastern Europe Glycomics Market by End User
11.3.2 Western Europe
11.3.2.1 Western Europe Glycomics Market by Product
11.3.2.2 Western Europe Glycomics Market by Application
11.3.2.3 Western Europe Glycomics Market by End User
11.3.2.4 Germany
11.3.2.4.1 Germany Glycomics Market by Product
11.3.2.4.2 Germany Glycomics Market by Application
11.3.2.4.3 Germany Glycomics Market by End User
11.3.2.5 France
11.3.2.5.1 France Glycomics Market by Product
11.3.2.5.2 France Glycomics Market by Application
11.3.2.5.3 France Glycomics Market by End User
11.3.2.6 UK
11.3.2.6.1 UK Glycomics Market by Product
11.3.2.6.2 UK Glycomics Market by Application
11.3.2.6.3 UK Glycomics Market by End User
11.3.2.7 Italy
11.3.2.7.1 Italy Glycomics Market by Product
11.3.2.7.2 Italy Glycomics Market by Application
11.3.2.7.3 Italy Glycomics Market by End User
11.3.2.8 Spain
11.3.2.8.1 Spain Glycomics Market by Product
11.3.2.8.2 Spain Glycomics Market by Application
11.3.2.8.3 Spain Glycomics Market by End User
11.3.2.9 Netherlands
11.3.2.9.1 Netherlands Glycomics Market by Product
11.3.2.9.2 Netherlands Glycomics Market by Application
11.3.2.9.3 Netherlands Glycomics Market by End User
11.3.2.10 Switzerland
11.3.2.10.1 Switzerland Glycomics Market by Product
11.3.2.10.2 Switzerland Glycomics Market by Application
11.3.2.10.3 Switzerland Glycomics Market by End User
11.3.2.11.1 Austria
11.3.2.11.2 Austria Glycomics Market by Product
11.3.2.11.3 Austria Glycomics Market by Application
11.3.2.11.4 Austria Glycomics Market by End User
11.3.2.12 Rest of Western Europe
11.3.2.12.1 Rest of Western Europe Glycomics Market by Product
11.3.2.12.2 Rest of Western Europe Glycomics Market by Application
11.3.2.12.3 Rest of Western Europe Glycomics Market by End User
11.4 Asia-Pacific
11.4.1 Asia-Pacific Glycomics Market by Country
11.4.2 Asia-Pacific Glycomics Market by Product
11.4.3 Asia-Pacific Glycomics Market by Application
11.4.4 Asia-Pacific Glycomics Market by End User
11.4.5 China
11.4.5.1 China Glycomics Market by Product
11.4.5.2 China Glycomics Market by End User
11.4.5.3 China Glycomics Market by Application
11.4.6 India
11.4.6.1 India Glycomics Market by Product
11.4.6.2 India Glycomics Market by Application
11.4.6.3 India Glycomics Market by End User
11.4.7 Japan
11.4.7.1 Japan Glycomics Market by Product
11.4.7.2 Japan Glycomics Market by Application
11.4.7.3 Japan Glycomics Market by End User
11.4.8 South Korea
11.4.8.1 South Korea Glycomics Market by Product
11.4.8.2 South Korea Glycomics Market by Application
11.4.8.3 South Korea Glycomics Market by End User
11.4.9 Vietnam
11.4.9.1 Vietnam Glycomics Market by Product
11.4.9.2 Vietnam Glycomics Market by Application
11.4.9.3 Vietnam Glycomics Market by End User
11.4.10 Singapore
11.4.10.1 Singapore Glycomics Market by Product
11.4.10.2 Singapore Glycomics Market by Application
11.4.10.3 Singapore Glycomics Market by End User
11.4.11 Australia
11.4.11.1 Australia Glycomics Market by Product
11.4.11.2 Australia Glycomics Market by Application
11.4.11.3 Australia Glycomics Market by End User
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Glycomics Market by Product
11.4.12.2 Rest of Asia-Pacific Glycomics Market by Application
11.4.12.3 Rest of Asia-Pacific Glycomics Market by End User
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Glycomics Market by Country
11.5.1.2 Middle East Glycomics Market by Product
11.5.1.3 Middle East Glycomics Market by Application
11.5.1.4 Middle East Glycomics Market by End User
11.5.1.5 UAE
11.5.1.5.1 UAE Glycomics Market by Product
11.5.1.5.2 UAE Glycomics Market by Application
11.5.1.5.3 UAE Glycomics Market by End User
11.5.1.6 Egypt
11.5.1.6.1 Egypt Glycomics Market by Product
11.5.1.6.2 Egypt Glycomics Market by Application
11.5.1.6.3 Egypt Glycomics Market by End User
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Glycomics Market by Product
11.5.1.7.2 Saudi Arabia Glycomics Market by Application
11.5.1.7.3 Saudi Arabia Glycomics Market by End User
11.5.1.8 Qatar
11.5.1.8.1 Qatar Glycomics Market by Product
11.5.1.8.2 Qatar Glycomics Market by Application
11.5.1.8.3 Qatar Glycomics Market by End User
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Glycomics Market by Product
11.5.1.9.2 Rest of Middle East Glycomics Market by Application
11.5.1.9.3 Rest of Middle East Glycomics Market by End User
11.5.2 Africa
11.5.2.1 Africa Transfusion Diagnostics Market by Country
11.5.2.2 Africa Glycomics Market by Product
11.5.2.3 Africa Glycomics Market by Application
11.5.2.4 Africa Glycomics Market by End User
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Glycomics Market by Product
11.5.2.5.2 Nigeria Glycomics Market by Application
11.5.2.5.3 Nigeria Glycomics Market by End User
11.5.2.6 South Africa
11.5.2.6.1 South Africa Glycomics Market by Product
11.5.2.6.2 South Africa Glycomics Market by Application
11.5.2.6.3 South Africa Glycomics Market by End User
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Glycomics Market by Product
11.5.2.7.2 Rest of Africa Glycomics Market by Application
11.5.2.7.3 Rest of Africa Glycomics Market by End User
11.6 Latin America
11.6.1 Latin America Glycomics Market by Country
11.6.2 Latin America Glycomics Market by Product
11.6.3 Latin America Glycomics Market by Application
11.6.4 Latin America Glycomics Market by End User
11.6.5 Brazil
11.6.5.1 Brazil Glycomics Market by Product
11.6.5.2 Brazil Glycomics Market by Application
11.6.5.3 Brazil Glycomics Market by End User
11.6.6 Argentina
11.6.6.1 Argentina Glycomics Market by Product
11.6.6.2 Argentina Glycomics Market by Application
11.6.6.3 Argentina Glycomics Market by End User
11.6.7 Colombia
11.6.7.1 Colombia Glycomics Market by Product
11.6.7.2 Colombia Glycomics Market by Application
11.6.7.3 Colombia Glycomics Market by End User
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Glycomics Market by Product
11.6.8.2 Rest of Latin America Glycomics Market by Application
11.6.8.3 Rest of Latin America Glycomics Market by End User
12. Company profile
12.1 Thermo Fisher Scientific, Inc.
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Merck KgaA
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Agilent Technologies Inc.
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Bruker
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 New England Biolabs
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Shimadzu Corporation
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Waters Corporation
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Takara Bio Inc
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Asparia Glycomics
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product/Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 RayBiotech Life, Inc.
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Product/Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View
13. Competitive Landscape
13.1 Competitive Bench marking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. Use Case and Best Practices
15. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
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Step 1: Secondary Research:
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Step 2: Primary Research
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Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
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