REPORT SCOPE & OVERVIEW
The Glycomics Market size was estimated USD 1.7 billion in 2022 and is expected to reach USD 5.09 billion by 2030 at a 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.
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.
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.
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.
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.
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.
IMPACT OF RUSSIAN UKRAINE WAR
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.
Glycan Labeling Kits
Glycan Purification Kits
Glycan Release Kits
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.
Drug Discovery & Development
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
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.
Rest of Eastern Europe
Rest of Western Europe
Rest of Asia Pacific
Middle East & Africa
Rest of Middle East
Rest of Africa
Rest of Latin America
The major key 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.
Agilent Technologies Inc-Company Financial Analysis
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.
Market Size in 2022
US$ 1.7 billion
Market Size by 2030
US$ 5.09 billion
CAGR of 14.7% From 2023 to 2030
Report Scope & Coverage
Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
• Instruments), By Application (Drug Discovery & Development, Diagnostics, Others)
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)
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.
• Applications of glycomics in precision medicine
•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.).
Yes, you may request customization based on your company's needs.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 Impact of the Ukraine- Russia war
4.2 Impact of ongoing Recession
4.2.2 Impact on major economies
18.104.22.168 United Kingdom
22.214.171.124 South Korea
126.96.36.199 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Glycomics Market Segmentation, By Product
8.2.1 Glycan Labeling Kits
8.2.2 Glycan Purification Kits
8.2.3 Glycan Release Kits
8.4.1 Mass Spectrometers
8.4.4 Array Systems
9. Glycomics Market Segmentation, By Application
9.1 Drug Discovery & Development
10. Glycomics Market Segmentation, By End User
10.1 Academic & Research Institutes
10.2 Pharmaceutical & Biotechnology Companies
10.3 Biopharmaceutical Companies
11. Regional Analysis
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
188.8.131.52 USA Glycomics Market by Product
184.108.40.206 USA Glycomics Market by Application
220.127.116.11 USA Glycomics Market by End User
18.104.22.168 Canada Glycomics Market by Product
22.214.171.124 Canada Glycomics Market by Application
126.96.36.199 Canada Glycomics Market by End User
188.8.131.52 Mexico Glycomics Market by Product
184.108.40.206 Mexico Glycomics Market by Application
220.127.116.11 Mexico Glycomics Market by End User
11.3.1 Eastern Europe
18.104.22.168 Eastern Europe Glycomics Market by Country
22.214.171.124 Eastern Europe Glycomics Market by Product
126.96.36.199 Eastern Europe Glycomics Market by Application
188.8.131.52 Eastern Europe Glycomics Market by End User
184.108.40.206.1 Poland Glycomics Market by Product
220.127.116.11.2 Poland Glycomics Market by Application
18.104.22.168.3 Poland Glycomics Market by End User
22.214.171.124.1 Romania Glycomics Market by Product
126.96.36.199.2 Romania Glycomics Market by Application
188.8.131.52.4 Romania Glycomics Market by End User
184.108.40.206.1 Turkey Glycomics Market by Product
220.127.116.11.2 Turkey Glycomics Market by Application
18.104.22.168.3 Turkey Glycomics Market by End User
22.214.171.124 Rest of Eastern Europe
126.96.36.199.1 Rest of Eastern Europe Glycomics Market by Product
188.8.131.52.2 Rest of Eastern Europe Glycomics Market by Application
184.108.40.206.3 Rest of Eastern Europe Glycomics Market by End User
11.3.2 Western Europe
220.127.116.11 Western Europe Glycomics Market by Product
18.104.22.168 Western Europe Glycomics Market by Application
22.214.171.124 Western Europe Glycomics Market by End User
126.96.36.199.1 Germany Glycomics Market by Product
188.8.131.52.2 Germany Glycomics Market by Application
184.108.40.206.3 Germany Glycomics Market by End User
220.127.116.11.1 France Glycomics Market by Product
18.104.22.168.2 France Glycomics Market by Application
22.214.171.124.3 France Glycomics Market by End User
126.96.36.199.1 UK Glycomics Market by Product
188.8.131.52.2 UK Glycomics Market by Application
184.108.40.206.3 UK Glycomics Market by End User
220.127.116.11.1 Italy Glycomics Market by Product
18.104.22.168.2 Italy Glycomics Market by Application
22.214.171.124.3 Italy Glycomics Market by End User
126.96.36.199.1 Spain Glycomics Market by Product
188.8.131.52.2 Spain Glycomics Market by Application
184.108.40.206.3 Spain Glycomics Market by End User
220.127.116.11.1 Netherlands Glycomics Market by Product
18.104.22.168.2 Netherlands Glycomics Market by Application
22.214.171.124.3 Netherlands Glycomics Market by End User
126.96.36.199.1 Switzerland Glycomics Market by Product
188.8.131.52.2 Switzerland Glycomics Market by Application
184.108.40.206.3 Switzerland Glycomics Market by End User
220.127.116.11.2 Austria Glycomics Market by Product
18.104.22.168.3 Austria Glycomics Market by Application
22.214.171.124.4 Austria Glycomics Market by End User
126.96.36.199 Rest of Western Europe
188.8.131.52.1 Rest of Western Europe Glycomics Market by Product
184.108.40.206.2 Rest of Western Europe Glycomics Market by Application
220.127.116.11.3 Rest of Western Europe Glycomics Market by End User
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
18.104.22.168 China Glycomics Market by Product
22.214.171.124 China Glycomics Market by End User
126.96.36.199 China Glycomics Market by Application
188.8.131.52 India Glycomics Market by Product
184.108.40.206 India Glycomics Market by Application
220.127.116.11 India Glycomics Market by End User
18.104.22.168 Japan Glycomics Market by Product
22.214.171.124 Japan Glycomics Market by Application
126.96.36.199 Japan Glycomics Market by End User
11.4.8 South Korea
188.8.131.52 South Korea Glycomics Market by Product
184.108.40.206 South Korea Glycomics Market by Application
220.127.116.11 South Korea Glycomics Market by End User
18.104.22.168 Vietnam Glycomics Market by Product
22.214.171.124 Vietnam Glycomics Market by Application
126.96.36.199 Vietnam Glycomics Market by End User
188.8.131.52 Singapore Glycomics Market by Product
184.108.40.206 Singapore Glycomics Market by Application
220.127.116.11 Singapore Glycomics Market by End User
18.104.22.168 Australia Glycomics Market by Product
22.214.171.124 Australia Glycomics Market by Application
126.96.36.199 Australia Glycomics Market by End User
11.4.12 Rest of Asia-Pacific
188.8.131.52 Rest of Asia-Pacific Glycomics Market by Product
184.108.40.206 Rest of Asia-Pacific Glycomics Market by Application
220.127.116.11 Rest of Asia-Pacific Glycomics Market by End User
11.5 Middle East & Africa
11.5.1 Middle East
18.104.22.168 Middle East Glycomics Market by Country
22.214.171.124 Middle East Glycomics Market by Product
126.96.36.199 Middle East Glycomics Market by Application
188.8.131.52 Middle East Glycomics Market by End User
184.108.40.206.1 UAE Glycomics Market by Product
220.127.116.11.2 UAE Glycomics Market by Application
18.104.22.168.3 UAE Glycomics Market by End User
22.214.171.124.1 Egypt Glycomics Market by Product
126.96.36.199.2 Egypt Glycomics Market by Application
188.8.131.52.3 Egypt Glycomics Market by End User
184.108.40.206 Saudi Arabia
220.127.116.11.1 Saudi Arabia Glycomics Market by Product
18.104.22.168.2 Saudi Arabia Glycomics Market by Application
22.214.171.124.3 Saudi Arabia Glycomics Market by End User
126.96.36.199.1 Qatar Glycomics Market by Product
188.8.131.52.2 Qatar Glycomics Market by Application
184.108.40.206.3 Qatar Glycomics Market by End User
220.127.116.11 Rest of Middle East
18.104.22.168.1 Rest of Middle East Glycomics Market by Product
22.214.171.124.2 Rest of Middle East Glycomics Market by Application
126.96.36.199.3 Rest of Middle East Glycomics Market by End User
188.8.131.52 Africa Transfusion Diagnostics Market by Country
184.108.40.206 Africa Glycomics Market by Product
220.127.116.11 Africa Glycomics Market by Application
18.104.22.168 Africa Glycomics Market by End User
22.214.171.124.1 Nigeria Glycomics Market by Product
126.96.36.199.2 Nigeria Glycomics Market by Application
188.8.131.52.3 Nigeria Glycomics Market by End User
184.108.40.206 South Africa
220.127.116.11.1 South Africa Glycomics Market by Product
18.104.22.168.2 South Africa Glycomics Market by Application
22.214.171.124.3 South Africa Glycomics Market by End User
126.96.36.199 Rest of Africa
188.8.131.52.1 Rest of Africa Glycomics Market by Product
184.108.40.206.2 Rest of Africa Glycomics Market by Application
220.127.116.11.3 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
18.104.22.168 Brazil Glycomics Market by Product
22.214.171.124 Brazil Glycomics Market by Application
126.96.36.199 Brazil Glycomics Market by End User
188.8.131.52 Argentina Glycomics Market by Product
184.108.40.206 Argentina Glycomics Market by Application
220.127.116.11 Argentina Glycomics Market by End User
18.104.22.168 Colombia Glycomics Market by Product
22.214.171.124 Colombia Glycomics Market by Application
126.96.36.199 Colombia Glycomics Market by End User
11.6.8 Rest of Latin America
188.8.131.52 Rest of Latin America Glycomics Market by Product
184.108.40.206 Rest of Latin America Glycomics Market by Application
220.127.116.11 Rest of Latin America Glycomics Market by End User
12. Company profile
12.1 Thermo Fisher Scientific, Inc.
12.1.1 Company Overview
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Merck KgaA
12.2.1 Company Overview
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Agilent Technologies Inc.
12.3.1 Company Overview
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4.1 Company Overview
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
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Shimadzu Corporation
12.6.1 Company Overview
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Waters Corporation
12.7.1 Company Overview
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Takara Bio Inc
12.8.1 Company Overview
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Asparia Glycomics
12.9.1 Company Overview
12.9.3 Product/Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 RayBiotech Life, Inc.
12.10.1 Company Overview
12.10.3 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
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The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
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