Glycobiology Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 0.62 Billion |
| Market Size (2029) | USD 1.24 Billion |
| CAGR (2024 - 2029) | 14.87 % |
| Fastest Growing Market | Europe |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Glycobiology Market Analysis
The Glycobiology Market size is estimated at USD 0.62 billion in 2024, and is expected to reach USD 1.24 billion by 2029, growing at a CAGR of 14.87% during the forecast period (2024-2029).
Several vaccine development efforts related to COVID-19 primarily focused on the coronavirus transmembrane spike (S) glycoprotein, which extends from the viral surface and mediates host cell entry. A critical step in this crosstalk between the virus and the host cell is the binding of S-glycoprotein to the ACE2 receptor on the surface of human cells. Both S-glycoprotein and ACE2 receptors are known to be extensively glycosylated, i.e., they contain covalently linked complex oligosaccharides called glycans. This makes a promising research path on glycans during the pandemic. Many research studies proved that glycans are crucial in COVID-19 infection. A March 2021 research study by researchers at RIKEN Center for Computational Science (R-CCS) found that glycans sugar molecules play an essential role in the structural changes that occur when the virus causes COVID-19 to invade human cells.
According to a study published in the Journal of Molecular Biology in June 2021, glycan-binding proteins are involved in both human defense and the ability of viruses to infect. Drugs that should be considered for COVID-19 prevention and treatment include glycan antigens, anti-glycan antibodies, glycan-binding proteins, lectin inhibitors, polysaccharides, glycosidase inhibitors, and glycosides. Thus, the above-mentioned factors state that the global glycobiology market was significantly impacted by the COVID-19 pandemic. However, the market is currently gaining its pre-pandemic nature and is expected to witness healthy growth over the forecast period.
The major factor responsible for the growth of the glycobiology market is the increasing research and development activities about glycomes and emerging technology for analyzing glycans and proteomes. Glycans, generally present on the cell surface, play a crucial role in the body system. They are responsible for many hereditary diseases and have a vital role in cancer development. In December 2021, Griffith University's Institute for Glycomics of Australia received a grant of USD 1.80 million from the Australian Cancer Research Foundation (ACRF) to establish the ACRF International Centre for Cancer Glycomics. In August 2022, GlycoNet, a pan-Canadian network of Centers of Excellence centered at UAlberta, received a USD 10.68 million investment from the Canadian Foundation for Innovation's Major Science Initiative Fund to continue its mission of researching glycomics for the benefit of human health.
Thus, owing to the above-mentioned factors, the market studied is believed to witness strong growth over the forecast period.
Glycobiology Market Trends
This section covers the major market trends shaping the Glycobiology Market according to our research experts:
Drug Discovery and Development is Expected to be the Largest Growing Segment
As the burden of chronic diseases increases, the need to develop new drugs is also increasing. Glycans play a key role in biological processes, such as cell-cell interaction, and thus have immense importance in drug development. Therefore, glycan chains are modified to synthesize drugs. For instance, hyaluronan, a naturally occurring disaccharide unit of glycosaminoglycan, has wide applications in medicine. It is used in post-surgical wounds and is essential in osteoarthritis treatment.
According to a study published in the International Journal of Nanomedicine in July 2021, glycan nanostructures are thought to be potential targets for molecular diagnosis, antiviral therapeutics, and vaccine development. The development of vaccines, drug delivery systems, and biomolecular therapeutics for viruses and infectious diseases can be enabled by studying glycans at the nanoscale. Glycan-based self-adjuvanted vaccines can be created to improve immunogenicity and vaccine response using glycoprotein expression systems and genetic engineering tools. Thus, glycobiology plays an essential role in the development of vaccines, thereby boosting the growth of the segment. In February 2022, Mizutani Foundation for Glycoscience received 119 research grant applications from 28 countries. After careful evaluation of scientific and social merit, potentiality, and feasibility, the Foundation decided to award grants of approximately USD 0.51 million to 14 projects. Thus, grants and approvals are expected to boost research and development in glycobiology, thereby boosting the growth of the segment.
North America is Expected to Dominate the Market Over the Forecast Period
The increasing research and development activities and government funding programs, along with the growing burden of chronic diseases in the United States, are expected to create more opportunities for the North America region. In September 2022, Cold Spring Harbor Laboratory Press (CSHL Press), a publisher of scientific books, journals, and electronic media established a new program to provide access to the field of glycobiology, which is developing rapidly across the United States. InterVenn Biosciences, a clinical technology company leveraging glycoproteomics to transform the future of healthcare, is involved in supporting the grant for CSHL Press. This indicates the increasing focus on glycobiology which is expected to fuel the market growth in coming years across the United States.
In March 2022, Vector Laboratories, the pioneer of innovative proteomic and glycobiology solutions, opened its new facility in Newark, California. These immunofluorescence (IF) kits enable the profiling and characterization of complex glycans in biological systems and are completely integrated for the detection of glycan expression in tissue sections. As more researchers express interest in studying glycobiology due to the potential impact it may have on important areas of illness research like oncology, glycan research is continuing to gain popularity. Hence, owing to the above-mentioned factors, the market studied is expected to witness strong growth over the forecast period.
Glycobiology Industry Overview
The glycobiology market is moderately competitive, with the presence of a considerable number of companies that significantly contribute to the market growth. New product launches, mergers and acquisitions, partnerships, and collaborations are the key strategies adopted by these companies for sustainable growth. Some key companies in the market include Agilent Technologies, Waters Corporation, Shimadzu Corporation, Merck KGaA, and New England Biolabs, among others.
Glycobiology Market Leaders
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Agilent Technologies
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Waters Corporation
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Shimadzu Corporation
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Merck KGaA
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New England Biolabs
*Disclaimer: Major Players sorted in no particular order
Glycobiology Market News
- In June 2022, Thermo Fisher Scientific announced a co-marketing agreement with TransMIT GmbH Center for Mass Spectrometric Developments to promote the use of a mass spectrometry imaging (MSI) platform for spatial multi-omics applications in pharma and clinical labs.
- In April 2022, Bruker launched a novel MALDI HiPLEX-IHC tissue imaging solution for timsTOF flex using AmberGen's HiPLEX-IHC peptide code antibody probes, combined with unbiased lipidomics, glycomics, and metabolomics tissue imaging.
Glycobiology Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
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4.2 Market Drivers
- 4.2.1 Increasing Government and Private Funding for Glycomics and Proteomics Research
- 4.2.2 Growing R&D Expenditures by Pharmaceutical and Biotechnology Companies
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4.3 Market Restraints
- 4.3.1 High Product Cost
- 4.3.2 Low Availability of Skilled Professionals
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4.4 Porter's Five Force Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size - Value in USD million)
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5.1 By Product
- 5.1.1 Enzymes
- 5.1.2 Instruments
- 5.1.3 Kits and Reagents
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5.2 By Application
- 5.2.1 Diagnostics
- 5.2.2 Drug Discovery and Development
- 5.2.3 Oncology
- 5.2.4 Immunology
- 5.2.5 Other Applications
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5.3 By End User
- 5.3.1 Pharmaceutical and Biotechnology Companies
- 5.3.2 Contract Research Organizations
- 5.3.3 Other End Users
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5.4 Geography
- 5.4.1 North America
- 5.4.1.1 United States
- 5.4.1.2 Canada
- 5.4.1.3 Mexico
- 5.4.2 Europe
- 5.4.2.1 Germany
- 5.4.2.2 United Kingdom
- 5.4.2.3 France
- 5.4.2.4 Italy
- 5.4.2.5 Spain
- 5.4.2.6 Rest of Europe
- 5.4.3 Asia-Pacific
- 5.4.3.1 China
- 5.4.3.2 Japan
- 5.4.3.3 India
- 5.4.3.4 Australia
- 5.4.3.5 South Korea
- 5.4.3.6 Rest of Asia-Pacific
- 5.4.4 Middle East and Africa
- 5.4.4.1 GCC
- 5.4.4.2 South Africa
- 5.4.4.3 Rest of Middle East and Africa
- 5.4.5 South America
- 5.4.5.1 Brazil
- 5.4.5.2 Argentina
- 5.4.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 Agilent Technologies
- 6.1.2 Bruker Corporation
- 6.1.3 Danaher Corporation
- 6.1.4 Merck KGaA
- 6.1.5 New England Biolabs
- 6.1.6 ProZyme
- 6.1.7 Shimadzu Corporation
- 6.1.8 Takara Bio
- 6.1.9 Thermo Fisher Scientific
- 6.1.10 Waters Corporation
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityGlycobiology Industry Segmentation
As per the scope of the report, glycobiology is the study of carbohydrates and carbohydrate-containing biomolecules in biological processes. This study is used in diagnostics, drug discovery research, immunology, oncology, and other applications. The glycobiology market is segmented by product (enzymes, instruments, and kits and reagents), application (diagnostics, drug discovery and development, oncology, immunology, and other applications), end user (pharmaceutical and biotechnology companies, contract research organizations, and other End users), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report also covers the estimated market sizes and trends for 17 different countries across major regions. The report offers all values in USD million for the above segments.
| By Product | Enzymes | |
| Instruments | ||
| Kits and Reagents | ||
| By Application | Diagnostics | |
| Drug Discovery and Development | ||
| Oncology | ||
| Immunology | ||
| Other Applications | ||
| By End User | Pharmaceutical and Biotechnology Companies | |
| Contract Research Organizations | ||
| Other End Users | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | Middle East and Africa | GCC |
| South Africa | ||
| Rest of Middle East and Africa | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America |
Glycobiology Market Research FAQs
How big is the Glycobiology Market?
The Glycobiology Market size is expected to reach USD 0.62 billion in 2024 and grow at a CAGR of 14.87% to reach USD 1.24 billion by 2029.
What is the current Glycobiology Market size?
In 2024, the Glycobiology Market size is expected to reach USD 0.62 billion.
Who are the key players in Glycobiology Market?
Agilent Technologies, Waters Corporation, Shimadzu Corporation, Merck KGaA and New England Biolabs are the major companies operating in the Glycobiology Market.
Which is the fastest growing region in Glycobiology Market?
Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Glycobiology Market?
In 2024, the North America accounts for the largest market share in Glycobiology Market.
What years does this Glycobiology Market cover, and what was the market size in 2023?
In 2023, the Glycobiology Market size was estimated at USD 0.54 billion. The report covers the Glycobiology Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Glycobiology Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Glycobiology Industry Report
Statistics for the 2024 Glycobiology market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Glycobiology analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
