The Reports and Insights, a leading market research company, has recently releases report titled “Molecular Glues Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Molecular Glues Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Molecular Glues Market?
According to Reports and Insights analysis, the global molecular glues market is expected to register a revenue CAGR of 5.8% during the forecast period of 2024-2032.
What are Molecular Glues?
Molecular glues are small molecules capable of binding to two different proteins simultaneously, thereby effectively "gluing" them together. This characteristic enables them to modulate interactions between proteins, influencing various cellular functions. Molecular glues have garnered considerable interest in drug discovery and development because they can target protein complexes that are difficult to inhibit using conventional methods. They present a promising strategy for creating new treatments for diseases like cancer, neurodegenerative disorders, and viral infections, by selectively targeting specific protein interactions crucial for the advancement of these conditions.
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What are the growth prospects and trends in the Molecular Glues industry?
The molecular glues market growth is driven by various factors. The molecular glues market is experiencing significant growth, primarily due to the increasing emphasis on drug discovery and development. Molecular glues are essential for modulating interactions between proteins, making them invaluable in addressing complex diseases. Factors such as the rising incidence of chronic diseases, growing demand for targeted therapies, and advancements in molecular biology are propelling market expansion. Moreover, the rising investment in research and development focused on molecular glues is expected to drive further market growth. Hence, all these factors contribute to molecular glues market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Product Type:
- Proteolysis-Targeting Chimeras (PROTACs)
- Specific and Nongeneric Protein Degraders
- Other Molecular Glues
Application:
- Oncology
- Genetic Disorders
- Neurological Disorders
- Infectious Diseases
- Other Therapeutic Areas
End-user:
- Pharmaceuticals and Biotechnology Companies
- Research Institutes and Academia
- Contract Research Organizations (CROs)
- Others
Research Focus:
- Preclinical Studies
- Clinical Trials
- Post-market Surveillance
Segmentation By Region:
North America:
- United States
- Canada
Europe:
- Germany
- The U.K.
- France
- Spain
- Italy
- Russia
- Poland
- BENELUX
- NORDIC
- Rest of Europe
Asia Pacific:
- China
- Japan
- India
- South Korea
- ASEAN
- Australia & New Zealand
- Rest of Asia Pacific
Latin America:
- Brazil
- Mexico
- Argentina
Middle East & Africa:
- Saudi Arabia
- South Africa
- United Arab Emirates
- Israel
Who are the key players operating in the industry?
The report covers the major market players including:
- Arvinas Inc.
- C4 Therapeutics
- Kymera Therapeutics
- Nurix Therapeutics
- Bristol Myers Squibb
- Boehringer Ingelheim
- AstraZeneca
- Genentech (a member of the Roche Group)
- GlaxoSmithKline
- Novartis
- Pfizer Inc.
- Takeda Pharmaceuticals
- Merck & Co., Inc.
- Amgen Inc.
- Vertex Pharmaceuticals
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