MARKET OVERVIEW
:
Glycomics is an emerging field which aims to focus on the structure and function of the glycans in a cell, tissue or in an organism. Glycans are the chain like structures of the carbohydrates that are free or conjugated to macromolecules such as lipids or proteins. They contribute in a diverse selection of biological processes such as protein folding, cell signaling, and immune recognition. These are implicated in a number of diseases such as oncological, autoimmune, and others.
MARKET SCOPE
The "Glycomics Market to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of glycomics market with detailed market segmentation by of Product type, Application, End Users. The glycomics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in glycomics market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- n the basis of product type, the market is segmented into Instruments, Enzymes, Reagents, Kits.
- n the basis of test type, the market is segmented into Drug discovery and development, Diagnostics, Immunology, Cancer, Others.
- n the basis of end User, the market is segmented into Pharmaceutical and biotechnlogy companies, academic and research institutes, Contract research organizations.
MARKET DYNAMICS
Drivers:
- Increased glycomics research, expanding R&D investments in pharmaceutical and biotechnology businesses, and growth in the proteomics sector are all driving this market ahead.
- The prevalence of cancer and autoimmune disorders is increasing, demanding the development of new medicines and treatment processes, among other things. Biotechnology technologies have increased numerous opportunities for market growth in the coming years.
Restraints
During the projected period, the high cost of tools is expected to hamper market growth to a certain extent.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the glycomics market based on various segments. It also provides market size and forecast estimates from year 2021 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The glycomics market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting glycomics market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the glycomics market in these regions.
IMPACT OF COVID-19 ON GLYCOMICS MARKET:
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. The global impacts of the COVID-19 are already starting to be felt, and will significantly affect the glycomics market in 2020.Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the glycomics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from glycomics market are anticipated to have lucrative growth opportunities in the future with the rising demand for glycomics market in the global market. Below mentioned is the list of few companies engaged in the glycomics market.
The report also includes the profiles of key players in glycomics market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered financial information of last 3 years, key development in past five years.
- Thermo Fisher Scientific, Inc.
- Merck KGaA
- Agilent Technologies, Inc.
- New England Biolabs Inc.
- Danaher Corporation
- Waters Corporation
- Bruker Corporation
- Takara Bio, Inc.
- Prozyme, Inc.
- Shimadzu Corporation
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.