The US peptide therapeutics market is anticipated to project a CAGR of 5.0%, during the forecast period. The major factor that contributes to the country’s market growth is continuously increasing healthcare spending. According to the Peptide Therapeutics Foundation, the number of new peptides entering the clinic has been doubled in the past decade. Additionally, the four of the US-approved peptides have also achieved global sales over $1 billion. There are more than 54 therapeutic peptides that have been approved across the globe out of which the US has a considerable share of 26 drugs. Such data showcase the substantial growth of the US in the global peptide market.
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The US peptide therapeutics market is segmented on the basis of route of administration and application. Based on the route of administration, the market is bifurcated into parenteral administration and oral administration. On the basis of application, the market is segmented into cancer, metabolic disorder (diabetes & obesity), gastrointestinal disorders, central nervous system disorders, respiratory disorders, and others including chronic kidney diseases, osteoporosis, and autoimmune disorder. Among these applications, the metabolic disorder dominates the market in the US. The increasing prevalence of diabetes globally created demand for insulin and hence drives the market growth.
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US Peptide Therapeutics Market Segmentation
By Route of Administration
Oral
Parenteral
By Application
Cancer
Metabolic Disorder
Gastrointestinal Disorders
Central Nervous System Disorders
Respiratory Disorders
Others (Kidney Disorder and Autoimmune Disorder)
Company Profiles
Amgen, Inc.
Overview
Amgen Inc. in Peptide Therapeutics Landscape
Recent Developments
AstraZeneca PLC
Bristol Myers Squibb Co.
Eli Lilly and Co.
F. Hoffmann-La Roche Ltd.
GlaxoSmithKline PLC
Merck & Co., Inc.
Novartis International AG
Novo Nordisk A/S
Pfizer Inc.
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