Gauri Cmi
by on March 29, 2024
11 views


The Glycomics market deals with the analysis, characterization, and sequencing of the glycome; the entire complement of sugars, whether free or present in more complex molecules of an organism. Glycomics involve the scientific analysis of structures, function, and roles of glycans in biological processes. Key advantages include identification of disease-specific biomarkers and development of new diagnostic tools and treatments.

The glycome plays a pivotal role in numerous physiological and pathological processes like cell signaling, molecular recognition, cancer metastasis, inflammation, and infection. Glycomics techniques aid in deep understanding of the intricate nature of protein glycosylation and roles of glycans in health and diseases. This has triggered development of novel glycotherapeutics to treat cancers, genetic disorders, microbial infections, among others. Major products include glycan labeling kits, glycan analysis & purification kits, chips, chemical/ consumables, instruments, and services.

The Global Glycomics Market Size is estimated to be valued at US$ 1.99 Billion in 2024 and is expected to exhibit a CAGR of 13% over the forecast period from 2024 to 2031.


Key Takeaways

Key players operating in the Glycomics market are RayBiotech Life, Inc., Shimadzu Corporation, Asparia Glycomics, Agilent Technologies Inc., Thermo Fisher Scientific, Inc., Bruker Corporation, Merck KgaA, New England Biolabs, Takara Bio Inc, Waters Corporation, Danaher, Lectenz Bio, GlycoMimetics, Inc., Ludger Ltd., GlycoTech Corporation, Glycosyn LLC, Glykos, Inc., and Glanbia PLC. Main players are focusing on product launches and strategic collaborations to consolidate market presence.

There is growing demand for glycomics tools in biomarker discovery, particularly for diagnosis of cancer, infectious diseases, and rare genetic disorders. rising prevalence of these conditions is a key driver of growth. Advances in glycobiology and genomics have improved applications of glycomics techniques in precision medicine.

Technological advancements like mass spectrometry, bioinformatics, next-gen sequencing, microarrays, and AI/ML enabled process automation have augmented glycomics research capabilities. This has accelerated development of disease-relevant glycan biomarkers and novel drugs.

Market Trends

Increasing R&D investments: With potential advantages, governments and pharma companies are investing heavily in glycomics R&D. This will aid technology development, clinical translation, and market growth.

Growing focus on precision medicine: Personalized medicine approaches powered by glycomics are gaining traction. This emphasis on individual patient profiles/molecular signatures over one-size-fits-all treatment will have transformative impact.

Market Opportunities

Glycoprotein therapeutics: Glycosylation affects protein folding, stability, and function. Drugs exploiting glycoprotein interactions promise treatment for a range of diseases.

Glycans as anti-viral targets: Glycans play a role in host-pathogen interactions during viral infections. Novel anti-virals targeting glycan receptors of SARS-CoV-2 and influenza viruses are under investigation.

Impact of COVID-19 on Glycomics Market Growth
The COVID-19 pandemic has significantly impacted the glycomics market. Due to nationwide lockdowns imposed by governments worldwide, supply chains and production were disrupted. Research activities involving glycomics also slowed down as researchers shifted their focus to developing vaccines and treatments for COVID-19. This led to decline in demand and revenues for companies operating in this market in 2020. However, understanding the role of glycans in viral pathogenesis has gained more importance during the pandemic. Researchers are studying how SARS-CoV-2 interacts with host cell surfaces and evades immune response. Such studies assessing viral tropism and pathogenesis can aid development of antiviral therapies and vaccines. Also, glycomics tools are being utilized to understand immune response to COVID-19 vaccines and natural infection. This renewed research focus on role of glycans in viral diseases is expected to boost the glycomics market post-pandemic. Companies are collaborating with research institutes to study viral glycobiology. Increased funding for COVID-19 research presents opportunities for growth of this market. Adoption of automation and high-throughput technologies can further aid in processing large sample volumes for such studies.

Geographically, in terms of value, the glycomics market in North America accounted for the largest share in 2024 owing to presence of major companies, increasing R&D investments and stringent regulatory scenario supporting clinical research. Asia Pacific is expected to be the fastest growing market during the forecast period driven by rising healthcare expenditures, growing genomics research and increasing outsourcing of clinical studies to counties such as China and India. Advancing research infrastructure and thriving biopharmaceutical industry are supporting market growth in Asia Pacific region. Japan also holds significant market share due to presence of leading companies and focus on applications of glycomics in precision medicine and disease diagnostics. Europe follows North America in terms of revenue contribution due to strategic collaborations between academics and industry.

Geographical concentration of glycomics market is shifting towards Asia due rising diagnostics and pharmaceutical industry. Countries like China, Japan and India are emerging as major markets driven by heavy investments in healthcare sector and genomics research. North America dominated the market however Asia Pacific region is poised to witness fastest growth during the forecast period. Increased funding and policy support, presence of major players as well as rising disease burden and focus on precision medicine are factors driving Asia Pacific region to become fastest growing market for glycomics.

The key strategies that companies must adopt to thrive in this highly competitive glycomics market include focus on development of high-throughput profiling solutions, utilizing machine learning and artificial intelligence, entering partnerships for collaborative research, expanding presence in emerging Asian markets by investing in R&D facilities, strategic acquisitions to enhance portfolios and leveraging automation and cloud-based informatics for more productive research.

 

Get More Insights On This Topic: Glycomics Market

Posted in: Business
Be the first person to like this.