The glycobiology market has been witnessing significant growth due to the increasing prevalence of chronic diseases, such as cancer and autoimmune disorders, which require glycobiology research for the development of effective therapies. The rising demand for personalized medicine and biologics has also been driving the market. The introduction of advanced technologies and techniques, such as mass spectrometry and glycan arrays, has further boosted the market growth. Additionally, the increasing investments in R&D activities and the collaborations between academic and industrial players in the glycobiology field are expected to create lucrative opportunities for market growth. However, the high cost of research and the lack of skilled professionals in the field may hinder market growth. The Asia Pacific region is expected to witness the highest growth due to the increasing investments in healthcare infrastructure and research activities.
Global Glycobiology Market is estimated to be valued at US$ 1,568.73 million in 2022 and is expected to exhibit a CAGR of 12.9% during the forecast period (2022-2030).
Key Players in the Glycobiology Industry:
1. Tracxn Technologies Limited
Tracxn Technologies Limited is a research and data analytics company founded in 2013, headquartered in Bengaluru, India. The company specializes in tracking startups and private companies across various sectors, including glycobiology. Tracxn provides insights into market trends, investment opportunities, and industry analysis. In 2021, Tracxn launched its Glycobiology Landscape report, which provides an in-depth analysis of the companies, products, and technologies in the glycobiology space.
2. Agilent Technologies, Inc.
Agilent Technologies, Inc. is a global technology company founded in 1999, headquartered in Santa Clara, California, USA. The company provides analytical instruments, software, services, and consumables for the life sciences, chemical analysis, and diagnostics industries. Agilent's glycobiology solutions include mass spectrometry, capillary electrophoresis, and high-performance liquid chromatography. In 2021, Agilent acquired Resolution Bioscience, a company focused on developing liquid biopsy solutions for cancer diagnostics.
3. Blirt.eu
Blirt.eu is a biotechnology company founded in 2009, headquartered in Gdansk, Poland. The company specializes in the development of recombinant proteins, antibodies, and enzymes for research and diagnostic purposes. Blirt.eu's glycobiology products include lectins, glycoproteins, and glycosidases. In 2021, the company launched its GlycoEnzyme platform, which enables the production of glycosidases with high activity and specificity.
4. Takara Bio Inc.
Takara Bio Inc. is a biotechnology company founded in 1967, headquartered in Shiga, Japan. The company develops and sells research reagents, gene editing tools, and diagnostic kits. Takara Bio's glycobiology products include glycosylation enzymes, lectins, and glycobiology kits. In 2021, Takara Bio launched its Glycosylation Master Mix for N-Glycan Profiling, a tool for the analysis of N-glycan structures.
5. Bio-Techne
Bio-Techne is a global life sciences company founded in 1976, headquartered in Minneapolis, Minnesota, USA. The company provides a wide range of products and services, including antibodies, proteins, genomic tools, and cell analysis reagents. Bio-Techne's glycobiology products include lectins, glycosylation enzymes, and glycan arrays. In 2021, Bio-Techne acquired Asuragen, a company focused on developing diagnostic tests for genetic disorders.
6. Bruker Corporation
Bruker Corporation is a scientific instruments company founded in 1960, headquartered in Billerica, Massachusetts, USA. The company provides analytical instruments for life sciences, materials research, and industrial applications. Bruker's glycobiology solutions include mass spectrometry, nuclear magnetic resonance, and infrared spectroscopy. In 2021, Bruker acquired Canopy Biosciences, a company focused on providing gene editing and cell analysis tools.
7. Thermo Fisher Scientific Inc.
Thermo Fisher Scientific Inc. is a global life sciences company founded in 2006, headquartered in Waltham, Massachusetts, USA. The company provides a wide range of products and services, including analytical instruments, reagents, and software for research and diagnostics. Thermo Fisher's glycobiology products include glycosylation enzymes, lectins, and glycan analysis kits. In 2021, Thermo Fisher acquired PPD, a contract research organization focused on drug development.
8. Shimadzu Corporation
Shimadzu Corporation is a scientific instruments company founded in 1875, headquartered in Kyoto, Japan. The company provides analytical instruments for various industries, including life sciences, environmental monitoring, and food safety. Shimadzu's glycobiology solutions include mass spectrometry, liquid chromatography, and glycan analysis kits. In 2021, Shimadzu acquired AlsaChim, a company focused on developing stable isotope.
9. New England Biolabs (NEB)
New England Biolabs (NEB) was founded in 1974 and is headquartered in Ipswich, Massachusetts. NEB has recently launched new glycan analysis tools and reagents, such as the Sialyl-Lewis X (SLeX) Antibody for the detection of glycoproteins, and operates in more than 70 countries.
10. Waters Corporation
Waters Corporation was founded in 1958 and is headquartered in Milford, Massachusetts. Waters has recently introduced new liquid chromatography and mass spectrometry technologies for glycan analysis, such as the Waters GlycoWorks RapiFluor-MS N-Glycan Kit, and operates in more than 100 countries.
11. Merck KGaA
Merck KGaA, also known as MilliporeSigma in the United States, was founded in 1668 and is headquartered in Darmstadt, Germany. Merck has recently launched a new glycan analysis kit, the GlycanClean & Enrich Kit, and operates in more than 60 countries.
*Definition- Glycobiology is the study of carbohydrates (also known as glycans) and their roles in biological processes such as cell communication, immune response, and disease development. It involves the analysis of glycan structures, functions, and interactions with proteins and other molecules