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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