Checkpoint Kinase Inhibitor Market Rising investment in healthcare sector
Global checkpoint kinase inhibitor market is rising gradually with a substantial CAGR in the forecast period of 2020-2027. Rising investment in healthcare sector for technological advancements are expected to drive the growth of market.
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Market Definition: Global Checkpoint Kinase Inhibitor Market
Checkpoint kinase is a protein kinase which is responsible for DNA damage response (DDR) and cell cycle checkpoint response. It is also referred as CHK1. The main function of this protein is to initiate the cell cycle checkpoint, DNA repair and cell death. The abnormal release and activity of this protein helps in proliferation of cancerous cells. CHK1 inhibitors stop the cell cycle checkpoints by inhibition of this protein and effects against the cancer cells.
According to WHO, an estimated of 9.6 million deaths are caused by cancer in 2018 worldwide and approximately 1 to 6 deaths are caused by cancer worldwide. Tyrosine kinase inhibitors are potential agents used for treatment of many types of cancers such as breast cancer, lung cancer and others.
- Rising awareness about checkpoint kinase inhibitors and there application in treatment of many cancers is expected to increase the market size
- Rising incidence of cancer drives the growth of the market
- Increasing research and development of novels drugs contributes in growth of market
- Rising strategic collaborations of many pharmaceutical companies and the recent approval of novel drugs give rise to the market growth
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Segmentation: Global Checkpoint Kinase Inhibitor Market
By Target Area
- ATP Binding Pocket
- G1/S or G2/M Transitions
- B-cell Lymphoma 2
- DNA Damage Response (DDR) Network
- Chronic Myeloid Leukemia (CML)
- Lung Cancer
- Breast Cancer
- Gastric Cancer
By End Users
- Specialty Clinics
By Distribution Channels
- Hospital Pharmacy
- Online Pharmacy
- Retail Pharmacy
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Global checkpoint kinase inhibitor market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of checkpoint kinase inhibitor market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Players:
Few of the major competitors currently working in the global checkpoint kinase inhibitor market are Eli Lilly and Company, Pfizer Inc, AstraZeneca, F. Hoffmann-La Roche Ltd, Sierra Oncology, Inc, Vernalis Limited and others
- The Wire Times