The G-Protein Coupled Receptors Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s G-Protein Coupled Receptors Global Market Report 2024, The g-protein coupled receptors market size has grown strongly in recent years. It will grow from $2.97 billion in 2023 to $3.18 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to drug discovery advances, fda approvals, genomic discoveries, emerging markets, market consolidation, growing aging population.
The g-protein coupled receptors market size is expected to see strong growth in the next few years. It will grow to $4.09 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to personalized medicine, increased focus on rare diseases, artificial intelligence in drug discovery, patient-centric drug development, environmental and social factors, biosimilar market growth. Major trends in the forecast period include biotechnology advancements, increased r&d investment, technological innovations, collaborations and partnerships, digital therapeutics.
The rising prevalence of cancer is expected to propel the growth of the G-protein-coupled receptors market going forward. Cancer is an illness in which abnormal cells can infect surrounding tissues and spread uncontrollably. The lymphatic and vascular systems of the body are further routes by which cancer cells might spread. GPCRs control the processes identified as the defining characteristics of cancer, including proliferative signaling, replicative immortality, evasion of growth suppressors, resistance to apoptosis, and the activation of invasion and metastasis. For instance, in March 2023, according to the American Society of Clinical Oncology (ASCO), a US-based non-profit organization working for cancer care, in the United States, kidney cancer will be discovered in 81,800 individuals in 2023 (52,360 males and 29,440 women. Furthermore, in April 2022, Breast cancer surpassed lung cancer to become the most commonly diagnosed cancer worldwide, affecting an estimated 2.3 million women in 2021 alone, according to the Breast Cancer Research Foundation, a US-based not-for-profit organization in breast cancer for clinical and translational research. In the United States, where breast cancer has been the most frequent cancer for many years, 281,550 women are expected to be diagnosed in 2021 Therefore, the rising prevalence of cancer is driving the growth of the G-protein coupled receptors market.
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The g-protein coupled receptors market covered in this report is segmented –
1) By Product: Cell Lines, Detection Kits, Cell Culture Reagents, Ligands
2) By Assay: CAMP Functional Assays, Calcium Functional Assays, β-Arrestin Functional Assays, Radioligand Binding and GTPγS Functional Assays, Internalization Assays, Trafficking Assays
3) By Applications: Cancer Research, CNS Research, Metabolic Research, Cardiovascular Research, Inflammation Research, Respiratory Research, Other Applications
Investment to advance GPCR screening and antibody development is a key trend gaining popularity in the G-protein-coupled receptor (GPCR) market. Major companies operating in GPCR are focusing on attaining investment for developing drugs and medication technologies related to GPCR-driven diseases. For instance, in February 2023, LifeArc Ventures, a UK-based venture capital firm, invested $16 million in Maxion Therapeutics, a UK-based drug discovery company, to advance antibody development for previously untreatable ion channel and GPCR-driven disorders. This funding will enable the development of antibody therapeutics targeting ion channels and G-protein-coupled receptors (GPCRs) using the proprietary KnotBody technology. The KnotBody platform enables the discovery of biologicals against ion channels and GPCRs, using naturally occurring cysteine-rich mini proteins. Moreover, Septerna Inc., a US-based biotechnology company, announced its launch and Series A financing of $100 million. This Series A funding will be used for developing its emerging pipeline of innovative GPCR-targeted medication programs powered by the Native Complex Platform and covering numerous therapeutic areas.
The g-protein coupled receptors market report table of contents includes:
1. Executive Summary
2. G-Protein Coupled Receptors Market Characteristics
3. G-Protein Coupled Receptors Market Trends And Strategies
4. G-Protein Coupled Receptors Market – Macro Economic Scenario
5. Global G-Protein Coupled Receptors Market Size and Growth
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31. G-Protein Coupled Receptors Market Other Major And Innovative Companies
32. Global G-Protein Coupled Receptors Market Competitive Benchmarking
33. Global G-Protein Coupled Receptors Market Competitive Dashboard
34. Key Mergers And Acquisitions In The G-Protein Coupled Receptors Market
35. G-Protein Coupled Receptors Market Future Outlook and Potential Analysis
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