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Glycomics Market to Expand at a CAGR of 11.2% during Forecast Period, notes TMR Study

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News provided by

Transparency Market Research

Nov 01, 2022, 13:30 ET

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  • In order to cater to the growing glycomics industry globally, pharmaceutical companies are raising their output capacity
  • Rising healthcare spending and the existence of cutting-edge research facilities in the North America are projected to boost development of the regional market

WILMINGTON, Del., Nov. 1, 2022 /PRNewswire/ -- By 2031, the glycomics market sizes is estimated to touch valuation of US$ 3.1 Bn. The glycomics market analysis estimate the market to rise at 11.2% CAGR during the forecast period, from 2021 to 2031. The rising incidence of chronic illnesses like diabetes and cancer as well as technical developments in the pharmaceutical industry predicted to open up attractive revenue potential for companies in the global glycomics market. Besides, an increase in glycan research efforts, which is also one of the key glycomics market trends, is also anticipated to propel the market in the years to come.

In order to increase their income potential, pharmaceutical firms are entering the global market to fund glycan R&D initiatives. Government spending on healthcare and bioinformatics R&D is rising, which is anticipated to help the market grow and have a wider reach. Given that cancer is one of the primary causes of mortality, market participants are increasingly focusing on assisting medication research and development efforts in the realm of oncology to establish lucrative growth prospects.

North America is anticipated to account for substantial glycomics market shares during the forecast period.

Get Exclusive PDF Sample Copy of Glycomics Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77846 

Key Findings of Market Report

  • Glycomics market forecast highlight that growing relationships with pharmaceutical R&D companies to outsource R&D tasks helps market players grow and stay competitive. The global market is driven by the growing collaborative efforts between industry players and research institutions to investigate proteomics and glycomics and find treatments for genetic illnesses.

Ask for References – https://www.transparencymarketresearch.com/sample/sample.php?flag=ARF&rep_id=77846 

Global Glycomics Market: Key Players

Some of the key market players are

  • Canadian Glycomics Network (GLYCONET)
  • Thermo Fisher Scientific Inc.
  • Agilent Technologies, Inc.
  • Shimadzu Corporation
  • Glyco Expression Technologies, Inc.
  • New England Biolabs

Make an Enquiry Before Buying – https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=77846 

Global Glycomics Market: Segmentation

Product Type

  • Enzymes
  • Instruments
  • Kits
  • Reagents

Application

  • Diagnostics
  • Drug Discovery & Development
  • Oncology
  • Immunology
  • Others

End User

  • Academic Research Institutes
  • Pharmaceutical & Biotechnology Companies
  • Contract Research Organizations

Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Research Reports by Transparency Market Research:

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About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyse information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ

Contact

Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: [email protected]

Logo: https://mma.prnewswire.com/media/1682871/TMR_Logo_Logo.jpg

SOURCE Transparency Market Research

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