Precision Business Insights has published a report on the global solid phase peptide synthesis services market, estimating its value at USD 278.2 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 5.7% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/solid-phase-peptide-synthesis-services-market
The Solid Phase Peptide Synthesis (SPPS) Services Market is the specialized outsourcing of synthetic peptide manufacturing utilizing solid phase synthesis techniques, which include successively adding amino acids to a developing chain anchored on an insoluble resin. This technology provides excellent purity, scalability, and flexibility, making it crucial for pharmaceutical firms, biotech, academic institutions, and diagnostic developers engaged in drug discovery, therapeutic development, and biomedical research.
Drivers:
- Rising Demand for Peptide-Based Therapeutics
- Growth in Biotech & Pharma R&D
The global solid phase peptide synthesis services market segmentation:
1) By Application: (Therapeutic Peptides, Diagnostic Peptides, Research and Development)
2) By Scale of Operation: (Preclinical/Clinical Scale, and Commercial Scale),
3) By End User: (Pharma and Biopharma (Small and Start-ups, Mid-Size, and Large Companies), Academic and Research Institutes
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Regional Overview:
The report also examines the current concerns and their Future Effects on the solid phase peptide synthesis services market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the solid phase peptide synthesis services market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Lonza Group, WuXi AppTec, Bachem Holding AG, Pepscan, CordenPharma, Cem Life Sciences, GL Biochem, AAPPTec, SynPeptide Co., Ltd, Bio-Synthesis Inc., JPT Peptide Technologies, Genscript, PolyPeptide Group, Senn Chemicals
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