GLYCOMICS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
The global glycomics market is estimated to be valued at USD 1.99 BN in 2024 and is expected to exhibit a CAGR of 13.5% during the forecast period (2024-2031). Glycomics is the large-scale study of the entire complement of sugars, known as the glycome. Glycomics seeks to understand the synthesis and function of sugars in biological processes. Sugars are essential building blocks of all living things and serve structural or functional roles in proteins and lipids. Glycomics focuses on characterizing the structure, function, and interactions of glycans, which are sugars or sugar chains that attach to proteins and lipids. Understanding glycans is important as they influence key biological mechanisms including cell-cell communication, cell development, immune response, and disease pathogenesis. Advancements in analytical technologies, such as mass spectrometry and microarrays, have enabled high-throughput glycomic profiling and hold promise for widespread applications in biomedicine.
Market Dynamics:
The global glycomics market is driven by factors such as increasing research on glycosylation and its roles in diseases, growing initiatives by government and private organizations to support glycomics research, and rising applications of glycans in developing diagnostics, biomarkers, and therapeutics for cancer and other conditions. However, the market growth can be restrained by technical challenges in glycomic analysis due to the structural complexity of glycans and lack of standardized profiling methods. Major opportunities include partnerships between research institutes and companies to translate fundamental glycomics research into commercial biopharmaceutical applications as well as expanding the market into non-biomedical sectors involving industrial product development and quality control.
Key Features of the Study:
Market Segmentation
Table of Contents
*Browse 28 market data tables and 34 figures on "Global Glycomics Market” - forecast to 2031
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