The global healthcare specialty enzymes market size was exhibited at USD 3.72 billion in 2022 and is projected to hit around USD 6.86 billion by 2032, growing at a CAGR of 6.3% during the forecast period 2023 to 2032.
Key Pointers:
Healthcare Specialty Enzymes Market Report Scope
Report Coverage | Details |
Market Size in 2023 | USD 3.96 Billion |
Market Size by 2032 | USD 6.86 Billion |
Growth Rate From 2023 to 2032 | CAGR of 6.3% |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Segments Covered | Product, Source, Technique, Usage, Application, End use |
Market Analysis (Terms Used) | Value (US$ Million/Billion) or (Volume/Units) |
Regional Scope | North America; Europe; Asia Pacific; Central and South America; the Middle East and Africa |
Key Companies Profiled | Advanced Enzymes Technologies Ltd.; Amano Enzymes, Inc.; Amicogen; BBI Solutions; biotechrabbit; Brain AG; CPC Biotech; Creative Enzymes; EKF Diagnostics; F. Hoffmann-La Roche Ltd; Merck KGaA; Sekisui Chemical Co., Ltd.; Thermo Fisher Scientific, Inc. |
Enzymes are complex proteins capable of inducing chemical changes in other substances without being changed themselves. The specificity of enzymes to certain tissues or organs aids in identifying the site of damage, which helps in disease diagnosis. Changing levels of Lactate Dehydrogenase (LDH) in the blood is a preferred approach to detect the onset of cardiovascular diseases; this enzyme is specifically found in the heart and skeletal muscle in two distinguished forms.
Specialty enzymes are employed in various diagnostic applications such as DNA manipulation and sequencing. Decline in cost of DNA manipulation and sequencing is projected to drive the demand and increase usage of enzymes in research & biotechnology and pharmaceuticals applications. Increase in geriatric population in developed countries is also anticipated to propel the demand for healthcare specialty enzymes. Research & biotechnology application of enzymes is estimated to increase at a rapid pace, as advances in diagnostic tests due to decline in DNA sequencing costs are likely to lead to increase in testing in agricultural, food, and medical applications. Moreover, large pharmaceutical companies continue to boost research & development spending on biologics to expand their new drug pipelines.
Investments by various multinational enzyme manufacturers operating in the global healthcare specialty enzymes market, such as Novozymes, Codexis, and Biocatalysts, has been increasing for the last few years. The healthcare specialty enzymes market is driven by continued investment in biotechnology and genetics, as pharmaceutical companies rely on biotechnology to overcome difficulties in introducing successful new small molecule drugs to the market.
The enzyme industry is concentrated, with top players dominating the market. This is because enzyme products require specialized knowledge of manufacturing processes such as fermentation. Technical and niche nature of the business, reliance on R&D, and shortage of qualified professionals act as entry barriers for new players in the global specialty enzyme market.
North America dominated the market for healthcare specialty enzymes and accounted for the largest revenue share of 45.2% in 2022. Introduction of new policies, such as Affordable Care Act, has increased the demand for high-quality healthcare facilities. Demand for preventive healthcare is another factor driving the healthcare specialty enzymes market, which in turn is fueling the healthcare specialty enzymes market in North America.
Developing economies in Asia Pacific and Latin America provide significant opportunities in the healthcare specialty enzymes market owing to government initiatives, such as awareness programs and increase in geriatric population that is more prone to metabolic diseases and certain metabolic disorders that would lead to a large potential patient base, is likely to boost the healthcare specialty enzymes market in these regions
Some of the prominent players in the Healthcare Specialty Enzymes Market include:
Segments Covered in the Report
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global Healthcare Specialty Enzymes market.
By Product
By Source
By Technique
By Usage
By Application
By End-use
By Region
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Healthcare Specialty Enzymes Market
5.1. COVID-19 Landscape: Healthcare Specialty Enzymes Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Healthcare Specialty Enzymes Market, By Product
8.1. Healthcare Specialty Enzymes Market, by Product, 2022-2030
8.1.1. Carbohydrases
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Polymerases and Nucleases
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Proteases
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Lipases
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Phosphatases/Phytases
8.1.5.1. Market Revenue and Forecast (2017-2030)
8.1.6. Other Products
8.1.6.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Healthcare Specialty Enzymes Market, By Source
9.1. Healthcare Specialty Enzymes Market, by Source, 2022-2030
9.1.1. Micro-organisms
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Animals
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Plants
9.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Healthcare Specialty Enzymes Market, By Technique
10.1. Healthcare Specialty Enzymes Market, by Technique, 2022-2030
10.1.1. Clinical Chemistry
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Immunodiagnostics/Immunoassays
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Molecular Diagnostics
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Hematology
10.1.4.1. Market Revenue and Forecast (2017-2030)
10.1.5. Hematology
10.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Healthcare Specialty Enzymes Market, By Usage
11.1. Healthcare Specialty Enzymes Market, by Usage, 2022-2030
11.1.1. Research & Biotechnology
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Diagnosis
11.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Healthcare Specialty Enzymes Market, By Application
12.1. Healthcare Specialty Enzymes Market, by Application, 2022-2030
12.1.1. Infectious Diseases
12.1.1.1. Market Revenue and Forecast (2017-2030)
12.1.2. Diabetes
12.1.2.1. Market Revenue and Forecast (2017-2030)
12.1.3. Oncology
12.1.3.1. Market Revenue and Forecast (2017-2030)
12.1.4. Cardiology
12.1.4.1. Market Revenue and Forecast (2017-2030)
12.1.5. Nephrology
12.1.5.1. Market Revenue and Forecast (2017-2030)
12.1.6. Autoimmune Diseases
12.1.6.1. Market Revenue and Forecast (2017-2030)
Chapter 13. Global Healthcare Specialty Enzymes Market, By End-User
13.1. Healthcare Specialty Enzymes Market, by End-User, 2022-2030
13.1.1. Hospitals
13.1.1.1. Market Revenue and Forecast (2017-2030)
13.1.2. Laboratory
13.1.2.1. Market Revenue and Forecast (2017-2030)
13.1.3. Others
13.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 14. Global Healthcare Specialty Enzymes Market, Regional Estimates and Trend Forecast
14.1. North America
14.1.1. Market Revenue and Forecast, by Product (2017-2030)
14.1.2. Market Revenue and Forecast, by Source (2017-2030)
14.1.3. Market Revenue and Forecast, by Technique (2017-2030)
14.1.4. Market Revenue and Forecast, by Usage (2017-2030)
14.1.5. Market Revenue and Forecast, by Application (2017-2030)
14.1.6. Market Revenue and Forecast, by End-User (2017-2030)
14.1.7. U.S.
14.1.7.1. Market Revenue and Forecast, by Product (2017-2030)
14.1.7.2. Market Revenue and Forecast, by Source (2017-2030)
14.1.7.3. Market Revenue and Forecast, by Technique (2017-2030)
14.1.7.4. Market Revenue and Forecast, by Usage (2017-2030)
14.1.8. Market Revenue and Forecast, by Application (2017-2030)
14.1.8.1. Market Revenue and Forecast, by End-User (2017-2030)
14.1.9. Rest of North America
14.1.9.1. Market Revenue and Forecast, by Product (2017-2030)
14.1.9.2. Market Revenue and Forecast, by Source (2017-2030)
14.1.9.3. Market Revenue and Forecast, by Technique (2017-2030)
14.1.9.4. Market Revenue and Forecast, by Usage (2017-2030)
14.1.10. Market Revenue and Forecast, by Application (2017-2030)
14.1.11. Market Revenue and Forecast, by End-User (2017-2030)
14.1.11.1.
14.2. Europe
14.2.1. Market Revenue and Forecast, by Product (2017-2030)
14.2.2. Market Revenue and Forecast, by Source (2017-2030)
14.2.3. Market Revenue and Forecast, by Technique (2017-2030)
14.2.4. Market Revenue and Forecast, by Usage (2017-2030)
14.2.5. Market Revenue and Forecast, by Application (2017-2030)
14.2.6. Market Revenue and Forecast, by End-User (2017-2030)
14.2.7.
14.2.8. UK
14.2.8.1. Market Revenue and Forecast, by Product (2017-2030)
14.2.8.2. Market Revenue and Forecast, by Source (2017-2030)
14.2.8.3. Market Revenue and Forecast, by Technique (2017-2030)
14.2.9. Market Revenue and Forecast, by Usage (2017-2030)
14.2.10. Market Revenue and Forecast, by Application (2017-2030)
14.2.10.1. Market Revenue and Forecast, by End-User (2017-2030)
14.2.11. Germany
14.2.11.1. Market Revenue and Forecast, by Product (2017-2030)
14.2.11.2. Market Revenue and Forecast, by Source (2017-2030)
14.2.11.3. Market Revenue and Forecast, by Technique (2017-2030)
14.2.12. Market Revenue and Forecast, by Usage (2017-2030)
14.2.13. Market Revenue and Forecast, by Application (2017-2030)
14.2.14. Market Revenue and Forecast, by End-User (2017-2030)
14.2.14.1.
14.2.15. France
14.2.15.1. Market Revenue and Forecast, by Product (2017-2030)
14.2.15.2. Market Revenue and Forecast, by Source (2017-2030)
14.2.15.3. Market Revenue and Forecast, by Technique (2017-2030)
14.2.15.4. Market Revenue and Forecast, by Usage (2017-2030)
14.2.16. Market Revenue and Forecast, by Application (2017-2030)
14.2.16.1. Market Revenue and Forecast, by End-User (2017-2030)
14.2.17. Rest of Europe
14.2.17.1. Market Revenue and Forecast, by Product (2017-2030)
14.2.17.2. Market Revenue and Forecast, by Source (2017-2030)
14.2.17.3. Market Revenue and Forecast, by Technique (2017-2030)
14.2.17.4. Market Revenue and Forecast, by Usage (2017-2030)
14.2.18. Market Revenue and Forecast, by Application (2017-2030)
14.2.18.1. Market Revenue and Forecast, by End-User (2017-2030)
14.3. APAC
14.3.1. Market Revenue and Forecast, by Product (2017-2030)
14.3.2. Market Revenue and Forecast, by Source (2017-2030)
14.3.3. Market Revenue and Forecast, by Technique (2017-2030)
14.3.4. Market Revenue and Forecast, by Usage (2017-2030)
14.3.5. Market Revenue and Forecast, by Application (2017-2030)
14.3.6. Market Revenue and Forecast, by End-User (2017-2030)
14.3.7. India
14.3.7.1. Market Revenue and Forecast, by Product (2017-2030)
14.3.7.2. Market Revenue and Forecast, by Source (2017-2030)
14.3.7.3. Market Revenue and Forecast, by Technique (2017-2030)
14.3.7.4. Market Revenue and Forecast, by Usage (2017-2030)
14.3.8. Market Revenue and Forecast, by Application (2017-2030)
14.3.9. Market Revenue and Forecast, by End-User (2017-2030)
14.3.10. China
14.3.10.1. Market Revenue and Forecast, by Product (2017-2030)
14.3.10.2. Market Revenue and Forecast, by Source (2017-2030)
14.3.10.3. Market Revenue and Forecast, by Technique (2017-2030)
14.3.10.4. Market Revenue and Forecast, by Usage (2017-2030)
14.3.11. Market Revenue and Forecast, by Application (2017-2030)
14.3.11.1. Market Revenue and Forecast, by End-User (2017-2030)
14.3.12. Japan
14.3.12.1. Market Revenue and Forecast, by Product (2017-2030)
14.3.12.2. Market Revenue and Forecast, by Source (2017-2030)
14.3.12.3. Market Revenue and Forecast, by Technique (2017-2030)
14.3.12.4. Market Revenue and Forecast, by Usage (2017-2030)
14.3.12.5. Market Revenue and Forecast, by Application (2017-2030)
14.3.12.6. Market Revenue and Forecast, by End-User (2017-2030)
14.3.13. Rest of APAC
14.3.13.1. Market Revenue and Forecast, by Product (2017-2030)
14.3.13.2. Market Revenue and Forecast, by Source (2017-2030)
14.3.13.3. Market Revenue and Forecast, by Technique (2017-2030)
14.3.13.4. Market Revenue and Forecast, by Usage (2017-2030)
14.3.13.5. Market Revenue and Forecast, by Application (2017-2030)
14.3.13.6. Market Revenue and Forecast, by End-User (2017-2030)
14.4. MEA
14.4.1. Market Revenue and Forecast, by Product (2017-2030)
14.4.2. Market Revenue and Forecast, by Source (2017-2030)
14.4.3. Market Revenue and Forecast, by Technique (2017-2030)
14.4.4. Market Revenue and Forecast, by Usage (2017-2030)
14.4.5. Market Revenue and Forecast, by Application (2017-2030)
14.4.6. Market Revenue and Forecast, by End-User (2017-2030)
14.4.7. GCC
14.4.7.1. Market Revenue and Forecast, by Product (2017-2030)
14.4.7.2. Market Revenue and Forecast, by Source (2017-2030)
14.4.7.3. Market Revenue and Forecast, by Technique (2017-2030)
14.4.7.4. Market Revenue and Forecast, by Usage (2017-2030)
14.4.8. Market Revenue and Forecast, by Application (2017-2030)
14.4.9. Market Revenue and Forecast, by End-User (2017-2030)
14.4.10. North Africa
14.4.10.1. Market Revenue and Forecast, by Product (2017-2030)
14.4.10.2. Market Revenue and Forecast, by Source (2017-2030)
14.4.10.3. Market Revenue and Forecast, by Technique (2017-2030)
14.4.10.4. Market Revenue and Forecast, by Usage (2017-2030)
14.4.11. Market Revenue and Forecast, by Application (2017-2030)
14.4.12. Market Revenue and Forecast, by End-User (2017-2030)
14.4.13. South Africa
14.4.13.1. Market Revenue and Forecast, by Product (2017-2030)
14.4.13.2. Market Revenue and Forecast, by Source (2017-2030)
14.4.13.3. Market Revenue and Forecast, by Technique (2017-2030)
14.4.13.4. Market Revenue and Forecast, by Usage (2017-2030)
14.4.13.5. Market Revenue and Forecast, by Application (2017-2030)
14.4.13.6. Market Revenue and Forecast, by End-User (2017-2030)
14.4.14. Rest of MEA
14.4.14.1. Market Revenue and Forecast, by Product (2017-2030)
14.4.14.2. Market Revenue and Forecast, by Source (2017-2030)
14.4.14.3. Market Revenue and Forecast, by Technique (2017-2030)
14.4.14.4. Market Revenue and Forecast, by Usage (2017-2030)
14.4.14.5. Market Revenue and Forecast, by Application (2017-2030)
14.4.14.6. Market Revenue and Forecast, by End-User (2017-2030)
14.5. Latin America
14.5.1. Market Revenue and Forecast, by Product (2017-2030)
14.5.2. Market Revenue and Forecast, by Source (2017-2030)
14.5.3. Market Revenue and Forecast, by Technique (2017-2030)
14.5.4. Market Revenue and Forecast, by Usage (2017-2030)
14.5.5. Market Revenue and Forecast, by Application (2017-2030)
14.5.6. Market Revenue and Forecast, by End-User (2017-2030)
14.5.7. Brazil
14.5.7.1. Market Revenue and Forecast, by Product (2017-2030)
14.5.7.2. Market Revenue and Forecast, by Source (2017-2030)
14.5.7.3. Market Revenue and Forecast, by Technique (2017-2030)
14.5.7.4. Market Revenue and Forecast, by Usage (2017-2030)
14.5.8. Market Revenue and Forecast, by Application (2017-2030)
14.5.8.1. Market Revenue and Forecast, by End-User (2017-2030)
14.5.9. Rest of LATAM
14.5.9.1. Market Revenue and Forecast, by Product (2017-2030)
14.5.9.2. Market Revenue and Forecast, by Source (2017-2030)
14.5.9.3. Market Revenue and Forecast, by Technique (2017-2030)
14.5.9.4. Market Revenue and Forecast, by Usage (2017-2030)
14.5.9.5. Market Revenue and Forecast, by Application (2017-2030)
14.5.9.6. Market Revenue and Forecast, by End-User (2017-2030)
Chapter 15. Company Profiles
15.1. Advanced Enzymes Technologies Ltd
15.1.1. Company Overview
15.1.2. Product Offerings
15.1.3. Financial Performance
15.1.4. Recent Initiatives
15.2. Amano Enzymes, Inc.
15.2.1. Company Overview
15.2.2. Product Offerings
15.2.3. Financial Performance
15.2.4. Recent Initiatives
15.3. Amano Enzymes, Inc.
15.3.1. Company Overview
15.3.2. Product Offerings
15.3.3. Financial Performance
15.3.4. Recent Initiatives
15.4. BBI Solutions
15.4.1. Company Overview
15.4.2. Product Offerings
15.4.3. Financial Performance
15.4.4. Recent Initiatives
15.5. biotechrabbit GmbH
15.5.1. Company Overview
15.5.2. Product Offerings
15.5.3. Financial Performance
15.5.4. Recent Initiatives
15.6. Brain AG
15.6.1. Company Overview
15.6.2. Product Offerings
15.6.3. Financial Performance
15.6.4. Recent Initiatives
15.7. CPC Biotech
15.7.1. Company Overview
15.7.2. Product Offerings
15.7.3. Financial Performance
15.7.4. Recent Initiatives
15.8. Creative Enzymes
15.8.1. Company Overview
15.8.2. Product Offerings
15.8.3. Financial Performance
15.8.4. Recent Initiatives
15.9. EKF Diagnostics
15.9.1. Company Overview
15.9.2. Product Offerings
15.9.3. Financial Performance
15.9.4. Recent Initiatives
15.10. F. Hoffmann-La Roche Ltd
15.10.1. Company Overview
15.10.2. Product Offerings
15.10.3. Financial Performance
15.10.4. Recent Initiatives
Chapter 16. Research Methodology
16.1. Primary Research
16.2. Secondary Research
16.3. Assumptions
Chapter 17. Appendix
17.1. About Us
17.2. Glossary of Terms