Multi-kinase treatments are preferred to single target treatments as they are more effective in combating multi-factorial diseases and are needed to circumvent difficulties such as the development of resistance. The advantages and disadvantages of these treatments are gauged on the basis of pharmacokinetics, resistance mechanisms, tumor environment, and selectivity.
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Multi-Kinase Treatment Market - Global Industry Analysis by 2024
1. Multi-Kinase Treatment Market - Global
Industry Analysis, Size, Share, Growth,
Trends and Forecast 2016 - 2024
Transparency Market Research Reports incorporated a definite
business overview and investigation inclines on "Multi-Kinase
Treatment Market". This report likewise incorporates more
illumination about fundamental review of the business including
definitions, requisitions and worldwide business sector industry
structure.
Unwanted gene variations on a daily basis may lead to cancer,
wherein the body goes on immoderate replication of cells
(tumor). With the rising prevalence of cancer, the demand for
multi-kinase treatment is all set to rise exponentially.
A protein kinase inhibitor controls or blocks the action of one or
more protein kinases by adding a phosphate group (PO4) to a
protein. Since in the majority tumors, multiple signaling
pathways are involved, a large number of inhibitors in clinical
development are formulated to impact a wide range of targeted
kinases.
Multi-kinase treatments are preferred to single target treatments
as they are more effective in combating multi-factorial diseases
and are needed to circumvent difficulties such as the
2. development of resistance. The advantages and disadvantages of
these treatments are gauged on the basis of pharmacokinetics,
resistance mechanisms, tumor environment, and selectivity.
Browse Full Research Report on Multi-Kinase Treatment
Market:
http://www.transparencymarketresearch.com/multikinase-treatment-
market.html
The report offers a comprehensive overview of the multi-kinase
industry through important classifications, product definitions,
and participants in the industry chain structure. It has been
compiled considering and methodically examining multiple
facets of the market, including but not limited to trends and
opportunities, import and export details, regional markets, and
competitive landscape.
The global multi-kinase treatment market is primarily driven by
the increasing occurrence of cancer across the globe. The rapidly
growing population and changing lifestyles are contributing to
the mounting cases of cancer. The majority of multi-kinase
inhibitors are used for advanced cancer conditions such as lung
cancer, leukemia, prostate cancer, colorectal cancer, and renal
cancer.
Since cancer is still incurable in its advanced stages, the
possibility of extending the lifespan of patients by at least a year
3. or more is readily accepted by most of the cancer patients. In
recent times, the improving healthcare infrastructure is emerging
instrumental in providing significant momentum to the global
market.
On the flip side, the rising awareness about the side effects of
multi-kinase treatment is restraining the growth of the market.
These treatments are harmful to the normal functioning of the
liver and critical organs such as lungs and kidneys. To mitigate
their side effects, these inhibitors are accompanied by other
regulators and antibiotics, which might also have negative
effects on the liver. However, many recent advances in cancer
therapy are ensuring increased efficiency and minimized off-
target and systemic side effects.
On the basis of geography, the global multi-kinase treatment
market is segmented into Asia Pacific, Europe, North America,
and Rest of the World. North America is the leading regional
market in terms of volume, with the U.S. being a major
contributor.
The presence of government subsidies is adversely affecting the
overall revenue generation in Asia Pacific; nevertheless, the
region is estimated to rise at a significant CAGR during the
forecast period owing to the presence of immense untapped
4. opportunities. Europe and Rest of the World are expected to
expand at a steady pace over the same period.
The overall market for multi-kinase treatment remains positive
as recent developments and innovations by the leading players
in this field have already recorded more than 85% success rate.
Some of the key players in the market are AstraZeneca plc,
Bristol-Myers Squibb Company, C. H. Boehringer Sohn AG &
Co. KG, Genentech Inc., Pfizer Inc., GlaxoSmithKline plc, and
Novartis International AG.
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