The high cost of peptide-based therapies, the complex and time-consuming process of peptide synthesis and purification, and the regulatory challenges associated with the development and commercialization of peptide-based drugs are some of the major challenges facing the market. Additionally, the market is expected to face competition from the biosimilars market which has been growing rapidly in recent years.
Overall, the Peptide Therapeutics Market is a rapidly growing segment of the biotech industry, with a wide range of potential applications in the treatment of various diseases. The increasing number of peptide-based drugs in development, the growing demand for targeted therapies, and the increasing adoption of personalized medicine are expected to drive market growth in the coming years.
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