Glycomics Market Consumption and Revenue Forecast by Regions 2026

Felton, California , USA, May 12 2022 — /EPR Network/ —

Glycomics Industry Overview

The global glycomics market size was estimated at USD 822.5 million in 2018. It is anticipated to expand at a CAGR of 14.7% over the forecast period. Technological advancements are expected to drive the market.

Rising investments in research by various government bodies and development of novel drugs by pharmaceutical and biotechnology companies are other major contributing factors. In addition, rising focus on glycomics and proteomics research studies is anticipated to propel market expansion in near future.

Rising investments from governments and organizations have enabled academic researchers to develop new glycomics and glycobiology tools. This factor is anticipated to drive the field of glycoscience, thereby driving the overall market. In glycoproteomics, there is a need for advanced analytical methods for studying pathogen and human glycobiology in disease and health.

Gather more insights about the market drivers, restrains and growth of the Global Glycomics Market

Hence, there has been a rise in biomedical and proteomics research, leading to the growth of this market. Technological advancements have also contributed to the increased demand for glycomics instruments. Procedures like protein characterizations are evolving into advanced technologies, such as High Performance Liquid Chromatography (HPLC), Mass Spectrometry (MS), and Capillary Electrophoresis (CE) in chemical and biochemical research. These advanced techniques provide rapid and high-sensitivity results.

Pharmaceutical and biotechnology companies are growing with increasing R&D activities, which include glycomics research. For instance, Thermo Fisher Scientific invested around USD 888 million in R&D in 2017. Agilent Technologies spent USD 339 million on R&D in 2017. Moreover, small-scale pharmaceutical companies are also spending more on R&D. This factor is anticipated to accelerate market growth in the years to come.

Browse through Grand View Research’s Biotechnology Industry Research Reports.

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Glycomics Market Segmentation 

Grand View Research has segmented the global glycomics market on the basis of product type and region:

• Glycomics Product Outlook (Revenue, USD Million, 2015 – 2026)
  • Enzymes
    • Glycosidases
    • Neuraminidases
    • Glycosyltransferases
    • Sialyltransferases
    • Others
  • Kits
    • Glycan Labeling Kits
    • Glycan Purification Kits
    • Glycan Release Kits
    • Others
  • Reagents
    • Glycoproteins
    • Monosaccharides
    • Oligosaccharides
    • Others
  • Instruments
    • Mass Spectrometers
    • HPLC
    • MALDI-TOF
    • Array Systems
    • Others 

• Glycomics Application Outlook (Revenue, USD Million, 2015 – 2026)
  • Drug Discovery & Development
  • Diagnostics
  • Others 

• Glycomics End Use Outlook (Revenue, USD Million, 2015 – 2026)
  • Academic & Research Institutes
  • Pharmaceutical & Biotechnology Companies
  • CROs 

• Glycomics Regional Outlook (Revenue, USD Million, 2015 – 2026)
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa 

Market Share Insights

• February 2018: Merck KGaA invested 40 million Euros to enhance their distribution and manufacturing services in the Asian region.
• July 2018: Agilent Technologies completed the acquisition of ULTRA Scientific Assets, a company engaged in distribution of certified chemical materials and standards. This acquisition was aimed at providing the company with life sciences solutions, creating a wider consumer base.

Key Companies profiled:

Some prominent players in the global glycomics market include

• Danaher
• ProZyme
• Shimadzu Corporation
• Agilent Technologies
• Bruker
• Merck KGaA
• Takara Bio, Inc.
• New England Biolabs
• ThermoFisher Scientific, Inc.
• Waters Corporation

Order a free sample PDF of the Glycomics Market Intelligence Study, published by Grand View Research.