Market Size of Glycomics Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 13.90 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Glycomics Market Analysis
The glycomics market is expected to register a CAGR of 13.9% during the forecast period with the increasing research and development activities about glycomes and emerging technology for analysis of glycans and proteomes. Glycans, generally present on the cell surface, plays a very crucial role in the body system. They are responsible for many hereditary diseases and has a vital role in cancer development. Erythropoietin is a biological product used in anti-viral therapy and has three N-glycans and one O-glycan chain. Furthermore, in 2017, Sciex launched 'Fast Glycan Labelling and Analysis Kit.' It saves time and effort for sample preparation, mostly used in the quantitative estimation of N-glycan. Hence, these factors are expected to drive the glycomics market growth. But the high cost of products related to glycomes may obstruct the glycomes market growth.
