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Global Glycomics Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2031

Healthcare | Upcoming Report | Nov 2024 | Global | 350 Pages | No of Tables: 220 | No of Figures: 60

Report Description

Global Glycomics Market Segmentation, By Product (Enzymes, Instruments, Kits, and Reagents), Application (Diagnostics, Drug Discovery & Development, Oncology, Immunology, and Other Applications), End User (Academic Research Institutes, Pharmaceutical and Biotechnology Companies, and Contract Research Organizations) – Industry Trends and Forecast to 2031


 

Glycomics Market Analysis

The global glycomics market is experiencing significant growth, fueled by advancements in technologies and increasing applications in drug development, diagnostics, and personalized medicine. Understanding glycan structures and their roles in biological processes has become critical, particularly in areas such as cancer research, immunology, and infectious diseases. This expanding knowledge is driving innovation in carbohydrate-based therapeutics, which are poised to transform healthcare outcomes. However, the market faces challenges, including high research costs, complex regulatory environments, and the need for specialized expertise. Despite these hurdles, the glycomics field offers promising opportunities for advancements in diagnostics and treatment options, making it a vital area for future research and investment. As researchers and companies continue to explore the intricate relationships between glycans and biological functions, the glycomics market is set to play a crucial role in the development of next-generation therapies and improved patient care.

Glycomics Market Size

The global Glycomics market size was valued at USD 6.27 billion in 2023 and is projected to reach USD 18.22 billion by 2031, with a CAGR of 14.25% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Glycomics Market Trends

Increasing Focus on Personalized Medicine”

The glycomics market is experiencing significant growth, driven by advancements in analytical techniques and an increasing understanding of glycans' role in various biological processes. One notable trend is the rise in the adoption of high-throughput glycan analysis methods, which enhance the efficiency of glycobiology research. For instance, companies such as Agilent Technologies are developing innovative tools for rapid glycan profiling, enabling researchers to analyze complex carbohydrate structures more efficiently. This trend is particularly relevant in the fields of diagnostics and drug development, where glycomics plays a crucial role in understanding disease mechanisms and identifying potential therapeutic targets. As pharmaceutical and biotechnology companies increasingly invest in glycomics research, the demand for specialized instruments and reagents is expected to rise. This growth underscores the importance of glycomics in advancing precision medicine and highlights its potential to revolutionize areas such as oncology and immunology by facilitating the development of targeted therapies.

Report Scope and Glycomics Market Segmentation  

Attributes

Glycomics  Key Market Insights

Segments Covered

  • By Product: Enzymes, Instruments, Kits, and Reagents
  • By Application: Diagnostics, Drug Discovery & Development, Oncology, Immunology, and Other Applications
  • By End Users: Academic Research Institutes, Pharmaceutical and Biotechnology Companies, and Contract Research Organizations

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Key Market Players

Merck KGaA (Germany), Shimadzu Corporation (Japan), Bruker (Germany), Waters Corporation (U.S.), Thermo Fisher Scientific Inc. (U.S.), Agilent Technologies, Inc. (U.S.), New England Biolabs (U.S.), Asparia Glycomics (Canada), Vector Laboratories, Inc (U.S.), Beth Israel Deaconess Medical Center (U.S.), CANADIAN GLYCOMICS NETWORK (GLYCONET) (Canada), University of Georgia, Athens (U.S.), GlySign (Netherlands), GlycoDisplay (Germany), RayBiotech, Inc. (U.S.), GlycoDwrite (U.S.), LABORATORIOS FARMACEUTICOS ROVI SA (Spain), and Glyco Expression Technologies, Inc (U.S.)

Market Opportunities

  • Increasing Advancements in Glycomics Technologies
  • Emerging Applications in Drug Development

Value Added Data Infosets

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Glycomics Market Definition

Glycomics is the comprehensive study of glycans, which are complex carbohydrates that play essential roles in various biological processes, including cell signaling, immune response, and disease progression. This field encompasses the analysis of glycan structures, functions, and interactions within biological systems. Glycomics is pivotal in advancing drug development, diagnostics, and personalized medicine by leveraging the unique glycan profiles associated with specific diseases.

Glycomics Market Dynamics

Drivers

  • Increasing Incidence of Chronic Diseases

The rising incidence of chronic diseases is a significant driver of the glycomics market, as the World Health Organization (WHO) estimates that chronic diseases account for approximately 71% of all deaths globally, with cancer, diabetes, and cardiovascular diseases being the leading contributors. For instance, the International Diabetes Federation reports that approximately 500 million adults were living with diabetes in 2021, a figure projected to rise to around 650 million by 2030. This surge necessitates advancements in personalized medicine and diagnostics tailored to individual patient profiles, thereby intensifying interest in glycomics research. Glycans play a crucial role in disease processes, influencing cellular interactions, immune responses, and disease progression. As researchers explore glycan-based biomarkers for early diagnosis and treatment efficacy, the demand for glycomics tools and technologies is expected to grow significantly, thereby positioning the glycomics market as a pivotal sector in combating chronic diseases.

  • Growing Investment in Research and Development (R&D)

Growing investment in research and development (R&D) is a critical driver of the glycomics market, as both public and private sectors increasingly allocate resources toward glycomics research initiatives. In 2019, global investment in R&D reached approximately USD 2.4 trillion, with significant portions directed toward biomedicine and biotechnology. For instance, the National Institutes of Health (NIH) in the U.S. announced an investment of USD 45 billion in research funding for the fiscal year 2022, which includes funding for glycomics-related studies aimed at understanding the roles of glycans in various diseases. This robust funding environment fosters the development of innovative therapeutic approaches and diagnostic tools, enhancing our understanding of disease mechanisms and enabling the discovery of glycan-based biomarkers. As a result, the emphasis on R&D promotes advancements in glycomics technologies and drives the overall growth of the glycomics market as new applications and products emerge from this research.

Opportunities

  • Increasing Advancements in Glycomics Technologies

Advancements in glycomics technologies present a significant market opportunity, as innovations such as mass spectrometry, high-performance liquid chromatography (HPLC), and next-generation sequencing (NGS) have revolutionized the analysis of glycans and their biological roles. For instance, mass spectrometry has become a powerful tool for characterizing glycans due to its sensitivity and ability to analyze complex mixtures, allowing researchers to identify glycan structures in various biological samples accurately. These technological advancements improve the efficiency and accuracy of glycan analysis and drive the development of new applications in drug discovery, personalized medicine, and disease diagnostics. As the demand for precise glycan analysis continues to grow, the glycomics market is poised for substantial growth, fueled by ongoing innovations in glycomics technologies.

  • Emerging Applications in Drug Development

Emerging applications in drug development represent a significant market opportunity for glycomics, as this field plays a crucial role in the design and production of biopharmaceuticals and vaccines. Glycans are essential for the efficacy and safety of many therapeutic proteins, influencing their stability, immunogenicity, and bioactivity. For instance, the development of the COVID-19 mRNA vaccines, such as those by Pfizer-BioNTech and Moderna, highlighted the importance of glycan structures in vaccine formulation, ensuring optimal immune responses. As the pharmaceutical and biotechnology industries increasingly recognize the significance of glycomics in developing new therapeutics, the demand for glycan analysis tools and technologies is expected to grow, driving the glycomics market forward.

Restraints/Challenges

  • High Costs Associated with Glycomics Technologies

High costs associated with glycomics technologies pose a significant challenge to the market, as advanced tools such as mass spectrometry (MS) and high-performance liquid chromatography (HPLC) can be prohibitively expensive to acquire and maintain. For instance, a high-end mass spectrometer can cost upto several thousand dollars with additional expenses for maintenance, reagents, and specialized personnel. This financial barrier restricts access for smaller laboratories and academic institutions, which may lack the necessary funding to invest in such sophisticated equipment. Consequently, this limitation can slow the pace of glycomics research and innovation, hindering the development of glycan-based therapeutics and diagnostics. As a result, the overall growth of the glycomics market may be constrained, as fewer research entities can participate in cutting-edge studies and advancements.

  • Complex Regulatory Frameworks

Regulatory challenges present a significant hurdle for the glycomics market, as products developed within this field, particularly biopharmaceuticals and diagnostics, must adhere to stringent scrutiny by regulatory bodies such as the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA). These agencies require comprehensive data on safety, efficacy, and manufacturing processes, which can lead to lengthy approval timelines. Such complexity can delay the commercialization of glycan-based therapeutics and diagnostics, discouraging investment in glycomics research and development. Consequently, the uncertainty surrounding regulatory compliance may limit the market's growth potential as companies face significant hurdles in bringing innovative products to market.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Glycomics Market Scope

The market is segmented on the basis of product, application, and end users. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

  • Enzymes

  • Instruments

    • Mass Spectrometers
    • HPLC
    • MALDI-TOF
    • Array Systems
    • Others

  • Kits

    • Glycan Labeling Kits
    • Glycan Purification Kits
    • Glycan Release Kits
    • Others

  • Reagents

    • Glycoproteins
    • Monosaccharides
    • Oligosaccharides
    • Others

Application

  • Diagnostics
  • Drug Discovery & Development
  • Oncology
  • Immunology
  • Other Applications

End User

  • Academic Research Institutes
  • Pharmaceutical and Biotechnology Companies
  • Contract Research Organizations

Glycomics Market Regional Analysis

The market is analysed and market size insights and trends are provided by country, product, application, and end users as referenced above.

The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America leads the glycomics market, driven by a strong presence of major pharmaceutical and biopharmaceutical companies, which fuels significant research and development activity. The region benefits from easy access to advanced glycomics products and technologies, supported by a robust healthcare infrastructure. Additionally, North America’s established network of research institutions and healthcare facilities contributes to high demand and adoption of glycomics applications across diagnostics and therapeutic areas.

The Asia-Pacific region is anticipated to experience substantial growth in the glycomics market from 2024 to 2031, largely due to its rapidly advancing pharmaceutical and biopharmaceutical sectors. Increasing investment in drug and biologics development, coupled with expanded production capabilities, supports this upward trend. Additionally, Asia-Pacific’s growing focus on innovation and expanding infrastructure for biotechnological research strengthens its role in the global glycomics market. This progress is further fueled by rising demand for advanced healthcare solutions across the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.  

Glycomics Market Share

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.

Glycomics Market Leaders Operating in the Market Are:

  • Merck KGaA (Germany)
  • Shimadzu Corporation (Japan)
  • Bruker (Germany)
  • Waters Corporation (U.S.)
  • Thermo Fisher Scientific Inc. (U.S.)
  • Agilent Technologies, Inc. (U.S.)
  • New England Biolabs (U.S.)
  • Asparia Glycomics (Canada)
  • Vector Laboratories, Inc (U.S.)
  • Beth Israel Deaconess Medical Center (U.S.)
  • CANADIAN GLYCOMICS NETWORK (GLYCONET) (Canada)
  • University of Georgia, Athens (U.S.)
  • GlySign (Netherlands)
  • GlycoDisplay (Germany)
  • RayBiotech, Inc. (U.S.)
  • GlycoDwrite (U.S.)
  • LABORATORIOS FARMACEUTICOS ROVI SA (Spain)
  • Glyco Expression Technologies, Inc (U.S.)

Latest Developments in Glycomics Market

  • In June 2023, Agilent Technologies Inc. introduced the Agilent BioTek 406 FX washer dispenser, a compact instrument offering versatile reagent dispensing and plate-washing capabilities. Designed for integration in automated systems or for standalone benchtop use, the BioTek 406 FX enhances liquid handling functions.
  • In March 2023, Waters Corporation launched the Next-Generation Alliance iS HPLC System, which is engineered to help reduce up to 40 percent of common laboratory errors. This system aids laboratories in managing operational risks, minimizing disruptions, and boosting productivity.
  • In September 2022, Thermo Fisher Scientific Inc. unveiled the DynaSpin™ Single-Use Centrifuge System, designed for efficient large-scale cell culture harvesting. The system streamlines and optimizes cell culture separation processes within single-use bio applications.
  • In April 2022, Bruker Corporation, based in the U.S., acquired IonSense to expand the use of DART mass spectrometers across various applications.
  • In April 2021, GlycoNet (Canada) partnered with BridgeBio Pharma Inc. (U.S.) to conduct research in glycobiology aimed at developing drugs for genetic disorder treatments.


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