pooja makkhar
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US Peptide Therapeutics Market Size, Share, Future Prospects and Forecast 2020-2026

The US peptide therapeutics market is anticipated to project a CAGR of 5.0%, during the forecast period. The major factor that contributes to the country’s market growth is continuously increasing healthcare spending. According to the Peptide Therapeutics Foundation, the number of new peptides entering the clinic has been doubled in the past decade. Additionally, the four of the US-approved peptides have also achieved global sales over $1 billion. There are more than 54 therapeutic peptides that have been approved across the globe out of which the US has a considerable share of 26 drugs. Such data showcase the substantial growth of the US in the global peptide market.

Monoclonal Antibodies Market Size, Share, Future Prospects and Forecast 2020-2026

The global monoclonal antibodies market is estimated to grow at a CAGR of 8.6% during the forecast period. The increasing prevalence of cancer and auto-immune diseases and increasing research on monoclonal antibodies are some crucial factors accelerating market growth. There are more than 80 autoimmune diseases and some of them are well known, including multiple sclerosis, type 1 diabetes, rheumatoid arthritis, and lupus, while others are difficult and rare to diagnose. National Institutes of Health (NIH) estimates that auto-immune diseases affect over 24 million people in the US and a further eight million people have autoantibodies, blood molecules which show an individual’s possibility of developing an autoimmune disease.

European Monoclonal Antibodies Market Size, Share, Future Prospects and Forecast 2020-2026

European monoclonal antibodies market is estimated to grow at a CAGR of 7.2% during the forecast period. The increasing prevalence of cancer and rising approvals for monoclonal antibodies are some pivotal factors encouraging market growth. As per the World Health Organization (WHO), in Europe, there were nearly 4.2 million new cancer incidences reported in 2018. The most common forms of cancer reported in the region include breast cancer (12.4%), colorectum (11.8%), lung (11.1%), prostate (10.6%), bladder (4.7%), and other cancers (49.4%). Monoclonal antibodies act as one of the potentially used immune system proteins produced in the lab, which is highly useful in cancer treatment. These antibodies are developed naturally by the body...

China Monoclonal Antibodies Market Size, Share, Future Prospects and Forecast 2020-2026

China monoclonal antibodies market is estimated to grow at a CAGR of 9.2% during the forecast period. A significant rise in cancer incidences and increasing launches of biosimilars are some potential factors accelerating market growth. To increase access to potential oncology treatment, the Chinese authorities have been granted approvals of monoclonal antibodies. For instance, in January 2020, Bio-Thera Solutions, Ltd. declared that China National Medical Products Administration (NMPA) launched QLETLI, a biosimilar to Humira (adalimumab).

Asia-Pacific Monoclonal Antibodies Market Size, Share, Future Prospects and Forecast 2020-2026

Asia-Pacific monoclonal antibodies market is estimated to grow at a CAGR of 8.9% during the forecast period. Significant rise in the incidences of cancer and infectious diseases and increasing approvals of biosimilars are primarily encouraging the market growth. The rising number of approvals for monoclonal antibodies biosimilars has been reported in the region owing to the increasing government focus towards improving access to care for patients. For instance, in October 2020, Cadila Pharmaceuticals introduced two similar biologics in the Indian market. This includes Cadalimab, a similar biologic of the auto-immune treatment adalimumab, and NuPTH, a teriparatide similar biologic. Cadila has revealed four new products in India since...

Global Tyrosine Kinase Market Size, Share, Future Prospects and Forecast 2020-2026

The global tyrosine kinase market is projected to grow at a considerable CAGR of around 6% during the forecast period (2020-2026). The high incidence and prevalence of different cancer such as lung cancer, breast cancer, renal cancer, and Chronic Myeloid Leukemia (CML) among others is a key factor contributing towards the growth of the tyrosine kinase market across the globe. According to the American Cancer Society, around 228,820 new cases of lung cancer will be diagnosed in the US with 135,720 mortalities. Lung cancer is highly found in older people. Therefore, the rising geriatric population which is mainly susceptible to this cancer is anticipated to offer opportunities to the growth of the tyrosine kinase market across the globe.

Global Somatostatin Analogue Drug Market Size, Share, Future Prospects and Forecast 2020-2026

The global somatostatin analogue drug market is projected to grow at a considerable CAGR of around 4% during the forecast period (2020-2026). The growing prevalence of acromegaly and NET is anticipated to drive the growth of the global market. According to the National Organization for Rare Disorders, Inc. (NORD), nearly 50 to 70 people per million people develop acromegaly. Further, as per the estimation of NORD, 3 people out of every million develop the disorder each year. However, patients take an average of 8 painful years to understand the symptoms of acromegaly. Therefore, in November 2017, the World Alliance of Pituitary Organizations (WAPO) had announced that November 1st will be celebrated as the Acromegaly Awareness Day every...

Global Silicon Resin Market Size, Share, Future Prospects and Forecast 2020-2026

The silicon resin market is projected to grow at a considerable CAGR of around 6% during the forecast period (2020-2026). Silicone materials combine the properties of organic and inorganic materials, exhibiting many unique physical and chemical features, such as thermal stability, weathering resistance, low surface tension, maintaining elasticity at low temperatures, hydrophobicity, and surface activity. The growing application of silicon resins in different industries such as electronic, automobile, chemical, and cosmetic industries owing to its unique characteristics is driving the growth of the silicon resin market across the globe. The aesthetic properties make these versatile materials improve the performance of many cosmetics...

Global Commercial Seaweeds Market Size, Share, Future Prospects and Forecast 2020-2026

The commercial seaweeds market is anticipated to grow at a CAGR of 9.5% during the forecast period. Seaweeds are species of marine plants and algae. Seaweeds are found naturally or grown in the ocean as well as in rivers, lakes, and other water bodies for commercial purposes. Seaweeds contain various vitamins, minerals, and fiber, and some species of seaweeds are also widely used in the food & beverage industry. This is anticipated to significantly drive the commercial seaweed market during the forecast period.

Global Bitcoin Technology Market Size, Share, Future Prospects and Forecast 2020-2026

The bitcoin technology market is anticipated to grow at a lucrative growth during the forecast period. Significant advantages over the conventional banking system are expected to provide growth to the market during the forecast period. Bitcoin technology market is growing owing to the fact that the use of bitcoin will reduce the inflation treats to almost zero. The transaction done using bitcoin costs no additional charges, hence profiting both the seller and the buyers. In addition to this, the low transaction fees of bitcoins will also benefit the SME’s with a limited budget. Moreover, significant funding to the bitcoin start-ups is also fuelling the market growth.