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.

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Other than this, increasing interest and investment from private and government bodies, rising awareness amongst individuals regarding cancer has led to a greater number of people opting for cancer screening and diagnosis. R&D and advancement in product pipeline in emerging economies are the factors that will change the landscape of the global tyrosine kinase market during the forecast period. However, the product failure and patent loss of expensive drugs are anticipated to be key factors that may restrain the growth of the global market.

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Global Tyrosine Kinase Market Segmentation

By Type

BCR-ABL Tyrosine Kinase Inhibitor

Epidermal Growth Factor Receptor (EGFR)

Vascular Endothelial Growth Factor Receptor (VEGFR)

Anaplastic Lymphoma Kinase (ALK)

Others

By Application

Chronic Myeloid Leukemia (CML)

Lung Cancer

Breast Cancer

Renal Cell Cancer

Other

Regional Analysis

North America

US

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe

Asia-Pacific

China

India

Japan

Rest of Asia-Pacific

Rest of the World

Company Profiles

ARIAD Pharmaceuticals, Inc.

AstraZeneca PLC

Bayer AG

Boehringer Ingelheim International GmbH

Bristol-Myers Squibb Company

Eisai Co., Ltd.

Eurofarma Laboratórios S/A

F. Hoffmann-La Roche Ltd.

GlaxoSmithKline plc

Johnson and Johnson

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