Peptide Synthesizers Market Size, Share, Growth, Trends, and Global Industry Analysis: By Application (Vaccines, Oncology, and Others), By Product (Reagents and Peptide Synthesizers), By End User (Pharmaceutical and Biotechnology Companies, CDMO/CRO, and Academic Research Institutes), and Region

Peptide Synthesizers Market size was valued at US$ 371.92 million in 2023 and is poised to grow at a significant CAGR of 6.6% from 2024-2030. Peptide Synthesizers Market is chains of amino acids that make up the basic building blocks of all living things. Individual amino acids can be used to make in-vitro peptides, which are subsequently bound according to their desired sequence in a highly regulated environment. Previously, synthetic peptides were manufactured using the liquid phase method, which has mostly been replaced by the solid phase method. Prior to the introduction of peptide synthesiser devices, in-vitro peptide synthesis was a time-consuming process requiring a lot of resources, highly skilled operators, and a lot of complexity.

Peptide synthesisers provide the capacity to synthesise and create complex peptides in a short amount of time, from the research stage through the manufacturing stage. Furthermore, modern peptide synthesisers are capable of simultaneously synthesising numerous peptides. Synthetic peptides are used in the research and design of enzymes, vaccines, and medicines, as well as to manufacture specific antibody epitopes and enzyme-binding sites.

This is projected to propel the global market for peptide synthesisers. Furthermore, the growing preference in the pharmaceutical sector for peptide therapies and biosimilars is expected to boost the market. Rising viral and parasite infections around the world, as well as the incidence of other chronic diseases, are projected to increase demand for cutting-edge diagnostic technologies that use specific antibodies. In vitro peptide synthesis is predicted to increase as a result, fueling the global market for peptide synthesisers in the coming years.