Oral Proteins and Peptides Market Size to Hit $8.233 Billions by 2028 | Current Trends and Industry Analysis
Therapeutic proteins and peptides are an important class of drugs, which serve patients in need of novel therapies. Approved oral proteins and peptides drugs are indicated to treat a wide array of clinical indications, including diabetes, gastric & metabolic disorders, and hormonal disorders.
Oral proteins and peptides market was valued at $643 million in 2016, and is projected to reach $8,233 million by 2023, growing at a CAGR of 11.7% from 2022 to 2028. The linaclotide drug type segment occupied the highest market share of the market in 2016.
Some of the key players involved in the Market are:
Allergan plc, AstraZeneca plc, Biocon Limited, Chiasma, Inc., Proxima Concepts Limited (Diabetology Ltd.), Generex Biotechnology Corp., Novo Nordisk A/S, Synergy Pharmaceuticals Inc., and Tarsa Therapeutics Inc. Other players (profiles not included in the report) in the value chain analysis include Sanofi S.A., F. Hoffmann-La Roche AG, Synthetic Biologics, Inc., Hovione Limited, and Novartis International AG.
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The oral proteins and peptides market segment encompasses companies and research institutions involved in several key areas:
- Formulation Development: Companies are actively engaged in developing novel formulations and delivery systems that protect proteins and peptides from degradation in the digestive system and enhance their absorption in the gastrointestinal tract.
- Clinical Trials: Numerous clinical trials are conducted to evaluate the safety and efficacy of orally delivered proteins and peptides. These trials aim to demonstrate the therapeutic potential of oral formulations in various disease indications, including diabetes, cancer, autoimmune disorders, and metabolic disorders.
- Manufacturing and Scale-up: The production of oral protein and peptide-based therapeutics requires specialized manufacturing processes. Companies in this market segment focus on optimizing production methods, ensuring consistent quality, and scaling up manufacturing capabilities to meet the demand.
- Regulatory Considerations: As with any pharmaceutical product, oral proteins and peptides must adhere to stringent regulatory requirements for safety and efficacy. Companies operating in this market segment invest in regulatory affairs to navigate the complex landscape of drug approvals and comply with guidelines set by regulatory authorities.
- Commercialization and Market Access: Once a product receives regulatory approval, companies engage in commercialization activities to make the oral protein or peptide available to patients. This involves market analysis, pricing strategies, distribution logistics, and establishing partnerships with healthcare providers and distributors.
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