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Why is Catalog Peptides Market Expected to Exhibit Sharp Surge in North America in Future?

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Catalog Peptides Market Size, Share | Industry Forecast, 2019-2024

Catalog peptide market report covers, antibody production, drug discovery, enzyme profiling, cancer and apoptosis, cardiovascular, diabetes, neuroscience, infectious diseases, anti-inflammatory, blood disorders and biomarker discovery and the end users of the industry includes, pharmaceutical and biotechnology companies, CMO, CRO, academic and research institute

https://www.psmarketresearch.com/market-analysis/catalog-peptides-market/report-sample?utm_source=bebee&utm_medium=Pramod

Furthermore, based on the estimates of the market research firm, P&S Intelligence, the market is expected to reach a valuation of $332.1 million by 2024. The major factors driving the surge of the market are the soaring number of research and development (R&D) activities in several therapeutic applications, increasing incidence of chronic diseases, and surging investments in protein-based research.

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The increasing R&D activities for addressing the unmet medical requirements in the treatment procedures of various types of chronic diseases such as cancer, diabetes, respiratory ailments, and ischemic heart disorders is a key factor fuelling the advancement of the market. The governments, research institutes, and regulatory bodies in many countries are increasingly making huge investments in research activities in order to develop new and affordable drugs. For example, the National Institute of Health (NIH) in the U.S. makes investments worth $32.3 billion in medical research every year.

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