According to the new market research report "Glycobiology / Glycomics Market by Product (Enzymes (Glycosyltransferase, Glycosidase), Instruments (Mass Spectrometry, Chromatography), Carbohydrates, Reagents & Chemicals), Application (Disease Diagnostics), End-User (Academic) -Global Forecasts to 2025", published by MarketsandMarkets™, the market is projected to reach USD 2.0 billion by 2025 from USD 1.0 billion in 2020, at a CAGR of 13.8% from 2020 to 2025.

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The growth of this Glycomics Market is majorly driven by the increasing R&D expenditure and funding for proteomics and glycomics research, growth of the proteomics market, and technological advancements in glycomics instrumentation are the major factors driving the growth of the market.

The enzymes segment accounted for the largest share of the Glycomics Market, by product

The Glycobiology Market, by enzymes, has been categorized into five product segments, namely, enzymes, instruments, kits, carbohydrates, and reagents & chemicals. The enzymes segment is expected to dominate the market and is projected to grow at the highest CAGR during the forecast period.

Glycomics Market for drug discovery & development application is expected to grow at a high rate

By application, the market is segmented into drug discovery & development, disease diagnostics, and other applications. Drug discovery & development is the largest and the fastest-growing application segment in the Glycobiology Market, majorly due to the increasing R&D investments in pharmaceutical and biotechnology companies and the growing number of drug discovery research activities in academic research institutes.

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North America is the largest regional market for glycomics products

The global Glycobiology Market is segmented into North America (US and Canada), Europe (Germany, the UK, France, Italy, Spain, and the Rest of Europe), Asia Pacific (Japan, China, India, Australia, and the Rest of Asia Pacific), and the Rest of the World (Latin America and the Middle East and Africa).

Key Market Players

The prominent players operating in the Glycobiology Market include Merck KGaA (Germany), Agilent Technologies (US), Thermo Fisher Scientific (US), New England Biolabs (US), Shimadzu Corporation (Japan), Takara Bio (Japan), S-BIO (subsidiary of Sumitomo Bakelite Co. Ltd., Japan), Waters Corporation (US), Asparia Glycomics S.L. (Spain), Bio-Techne (US), Bruker Corporation (US), Danaher Corporation (US), RayBiotech (US), Z Biotech (US), Chemily Glycoscience (US), Dextra Laboratories (UK), Lectenz Bio (US), and Ludger Ltd. (UK).

This report categorizes the glycomics/glycobiology market into the following segments and subsegments

By Product
Enzymes
Instruments
Kits
Carbohydrates
Reagents & Chemicals
By Application
Drug Discovery & Development
Diagnostics
Cancer Diagnostics
Other Diagnostics
Other Applications
By End User
Academic & Research Institutes
Pharmaceutical & Biotechnology Companies
Clinical Laboratories
Contract Research Organizations (CROs)
By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa


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