Persistence Market Research Pvt. Ltd is released new forthcoming report on title "Glycobiology Market: Global Industry Analysis and Forecast 2015 - 2021".
New York, NY -- (SBWIRE) -- 02/08/2016 -- Glycobiology is the branch of science dealing with the structure and biosynthesis of saccharides. Saccharides are the most essential components of all living things and also play a vital role in various life sciences and medical research procedures. Moreover, these components also regulate several biological processes such as cell recognition, cell-to-cell interaction, inflammation, etc. Glycobiology products such as enzymes, kits, instruments, and reagents are used in the identification of cell surface markers. These products are also used in drug discovery and development processes.
The global glycobiology market is categorized based on various types of products, applications, and end-users. Based on the types of products, the report covers enzymes, kits, instruments, and reagents. The enzyme sub-segment includes sialyltransferases, neuraminidases, glycosyltransferases, glycosidases, and others. Glycosidases holds the largest share in the global glycobiology market. The kit sub-segment is further sub-divided into glycan purification kits, glycan labeling kits, and glycan release kits. Major instruments used in glycobiology includes mass spectrometry, matrix-assisted laser desorption/ionization (MALDI), lectin arrays, high-performance liquid chromatography (HPLC), antibody arrays, and others. The reagents sub-segment is further sub-divided into oligosaccharides reagents, monosaccharide, glycoprotein reagents, and others.
Based on applications, the report covers oncology, immunology, drug discovery and development, and diagnostic applications. Drug discovery and development application holds the largest share in the global glycobiology market. The end-user segment comprises pharmaceutical companies, academic research institutes, and others. The academic research institute sub-segment holds the largest market share in the global glycobiology market.
In terms of geography, North America dominates the global glycobiology market. This is due to improved pharmaceutical and biopharmaceutical infrastructure, and increasing demand for glycobiology instruments in the region. In addition, technological advancement in glycobiology instruments has also propelled the growth of the market in North America. The U.S. represents the largest market for glycobiology in North America, followed by Canada. In Europe, Germany, France, and the U.K. hold major shares of the glycobiology market. The glycobiology market in Asia too is expected to show high growth rate in the next five years. This is due to increasing demand of glycobiology products in the region. Growing demographics and economies in developing countries such as India and China are expected to lead the growth in the glycobiology market in Asia. Moreover, countries such as India, China, and Japan are expected to be the fastest growing markets for glycobiology in the region.
Increasing government support in the form of funding in glycomics research is a key driver for the global glycobiology market. Besides, technological advancements in the instruments used in glycomics research, and increasing pharmaceutical and biopharmaceutical R&D expenditure has propelled the growth of the global glycobiology market. Moreover, increasing prevalence of chronic diseases including cancer and infectious diseases has fueled the demand of glycobiology products for the discovery and development of novel therapeutics drugs.
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Stringent regulatory requirements for the approval of glycobiology reagents and instruments inhibit the growth of global glycobiology market. Rapid product launches, and increasing number of mergers and acquisitions between glycobiology instruments and reagents manufacturing companies are some major trends observed in the global glycobiology market.
Key points covered in the report
1) Report segments the market on the basis of types, application, products, technology, etc (as applicable)
2) The report covers geographic segmentation
3) The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
4) The report provides company profiles of some of the leading companies operating in the market
5) The report also provides porters five forces analysis of the market.-
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