The global Peptide Drug Conjugates market is expected to be worth $861.12 million in 2023 and $5,331.83 million by 2033. During the forecast period of 2023 to 2033, the projected growth rate is nearly 20%.
The robust clinical trial pipeline with peptide drug conjugates (PDCs), increased R&D investments for developing PDCs, and rising disease burden globally are expected to drive market growth. Takeda Pharmaceutical Company Limited, for example, announced in July 2021 that it would invest USD 3.5 billion in the development of peptide drugs for neuromuscular disease in collaboration with Peptide Dream.
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Crucial information and forecast statistics covered in the Peptide Drug Conjugates market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.
COVID-19 Impact Analysis on Peptide Drug Conjugates Market
The recent outbreak of the COVID-19 has turned the spotlight on the healthcare industry, and subsequently impacted the Peptide Drug Conjugates market. Severe shortages of critical medical supplies and a rapid rise in number of COVID-19 cases have resulted into a revolution rather than evolution in the healthcare ecosystems. Consequently, the impact is noticeable in the Peptide Drug Conjugates market.
Following government’s measures, particularly social distancing norms and stay-at-home orders, doctors are delaying or postponing elective surgeries unless critical to prevent the spread of the virus to individuals with comorbidities or chronic conditions. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace.
The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Peptide Drug Conjugates market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.
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Peptide Drug Conjugates Market: Segmentation
Valuable information covered in the FMI’s Peptide Drug Conjugates market report has been segregated into key segments and sub-segments.
By Product:
- Lutetium
- Melflufen
- ANG1005
- BT1718
- CBX-12
- Other Pipeline Products
By Type:
- Therapeutic Peptide Drug Conjugates
- Diagnostic Peptide Drug Conjugates
Peptide Drug Conjugates Market: Competition Analysis
The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Peptide Drug Conjugates market. Competitive information detailed in the Peptide Drug Conjugates market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Peptide Drug Conjugates market report.
Key players covered in the report include:
- Novartis AG
- Oncopeptides AB
- Bicycle Therapeutics
- AstraZeneca
- Cybrexa Therapeutics
- Angiochem Inc.
- Innovasium Soricimed Biopharma
- Theratechnologies
- Coherent Biopharma
- WuXI STA
Important Questions Answered in the Peptide Drug Conjugates Market Report
- Which end user remains the top revenue contributor in different regional markets?
- At what rate has the global Peptide Drug Conjugates market been expanding during the forecast period?
- How will the global Peptide Drug Conjugates market look like by the end of the forecast period?
- What innovative strategies are adopted by Peptide Drug Conjugates market players to stay ahead of the pack?
- What are the restraints affecting the growth of the global Peptide Drug Conjugates market?
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Key Offerings of the Report
- Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
- Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
- Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
- Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
- Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Peptide Drug Conjugates market
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