A recent report published by Infinium Global Research on oral proteins and peptides market provides an in-depth analysis of segments and sub-segments in the global as well as regional oral proteins and peptides market. The global oral proteins and peptides market is projected to grow at a CAGR of 12.6% over the forecast period of 2018-2024.
Pune, India -- (SBWIRE) -- 03/24/2019 -- The Oral Proteins and Peptides Market's segment market shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates. Each segment represented visually with supporting reasons to justify the growth rates. IGR's report also covers drivers and restraints in the oral proteins and peptides market.
Infinium Global Research's report covers the annual growth of the Global oral proteins and peptides market. It also includes chapters on the Global oral proteins and peptides industry trends, geographic analysis, and competitive landscape.
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The report also includes a SWOT analysis to present the indicators of strength, weakness, prospects, and risk of the market until the completion of the projection period in 2024.
Oral Proteins and Peptides Market: Industry Insights
Peptide and protein administered through the oral route to treat different diseases. The peptides are used in the delivery of the microparticles, macromolecules, nanoparticles, and liposomes into cells or tissues by hybridizing with the target molecules. Oral proteins and peptides improve human health and it is beneficial in the treatment of several diseases.
Oral Proteins and Peptides Market: Drivers and Restraints
The growing prevalence of chronic disorders drives the growth of oral proteins and peptides market. Chronic disorders are one of the leading cause of deaths. According to world health organization morbidity, mortality, and disability attributed to the major chronic diseases and by 2020 their contribution is expected to rise up to 73% of all deaths and 60% of the global burden of disease. 79% of the deaths attributed to chronic diseases occur in developing countries. Half of the chronic disorder deaths happen prematurely, in people under 70 years of age. Furthermore, increasing consumer preference for oral drugs boosts the growth of oral proteins and peptides market.
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Oral Proteins and Peptides Market: Segmentation
Global oral proteins and peptides market categorized into segments such as drug type and application. On the basis of drug type, the oral proteins and peptides market segmented into octreotide, linaclotide, insulin, plecanatide, and calcitonin. Among these drug type, insulin accounted for the largest drug type of oral proteins and peptides market. Insulin helps in maintaining blood sugar level from getting too high or too low. Based on application, oral proteins and peptides market is categorized into hormonal disorders, gastric & digestive disorders, diabetes, and bone diseases. Among these applications, diabetes is accounted for the largest market share of oral proteins and peptides market. Diabetes is a chronic disorder that occurs with high blood sugar levels over a prolonged period.
Oral Proteins and Peptides Market: Regional Insights
Among the regions, North America dominated the oral proteins and peptides market. Growing healthcare infrastructure, as well as huge spending on healthcare, drives the growth of oral proteins and peptides market in the region. Europe is the second largest region for the oral proteins and peptides market followed by the Asia Pacific. Growing development in healthcare infrastructure boosts the growth of oral proteins and peptides market in the Asia Pacific region.
Oral Proteins and Peptides Market: Competitive Analysis
The prominent players in the oral proteins and peptides market are Chiasma Inc., Allergan Plc., Biocon Limited, Generex Biotechnology Corp., Oramed Pharmaceuticals Inc., Synergy Pharmaceuticals Inc., AstraZeneca PLC, Novo Nordisk A/S, Proxima Concepts Limited, and Tarsa Therapeutics Inc.
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