Global Tyrosine Kinase Inhibitors Market


Posted February 4, 2020 by sanuse

Global Tyrosine Kinase Inhibitors Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at CAGR of 8.1 % during forecast period of 2019 to 2026.
 
Global Tyrosine Kinase Inhibitors Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at CAGR of 8.1 % during forecast period of 2019 to 2026.

A tyrosine kinase inhibitor (TKI) is a pharmaceutical drug that inhibits tyrosine kinases. Tyrosine kinases are enzymes responsible for the activation of many proteins by signal transduction cascades. A number of tyrosine kinase inhibitors have been proven to be effective as anti-leukemic and anti-tumor agents.

Global Tyrosine Kinase Inhibitors Market Drivers and Restrain
Increasing use of tyrosine kinase inhibitors in the treatment of different types of cancer is expected to propel the global Tyrosine Kinase Inhibitors market in the forecast period. The demand for tyrosine kinase inhibitors is predicted to improve with the growing prevalence of cancer around the globe. Furthermore, tyrosine kinase inhibitors provide great advantages on therapies such as radiotherapy and chemotherapy, which is heading to its efficacy and specificity will boost the global market.

However, the expensive cost of tyrosine kinase inhibitors is prophesied to hamper the global market growth to some extent. Side effects such as fatigue, muscle cramps, nausea, vomiting, and diarrhea are considered to be the major restraints to the global Tyrosine Kinase Inhibitors Market.

Global Tyrosine Kinase Inhibitors Market key segmentation
Gefitinib (Iressa, ZD1839) and erlotinib (Tarceva, OSI774) are the two first-generation EGFR-TKIs and are used mostly against non-small cell lung cancer. Sunitinib (Sutent, SU11248) and sorafenib (Nexavar) are first-generation VEGFR-TKIs and are well established in the use against renal cell carcinoma (RCC) and hepatocellular carcinoma (HCC).
VEGFR tyrosine kinase inhibitors are expected to high share in terms of revenue because of their increased usage heading multi-targeted kinase inhibitor activity. They are helpful in the treatment of different types of soft tissue sarcomas. Independent pharmacies is expected to show dominance in the global tyrosine kinase inhibitors market thanks to the expansion of international pharmacy service providers and the availability of their wide networks.

Global Tyrosine Kinase Inhibitors Market Regional Analysis
By regional analysis, the global tyrosine kinase inhibitors market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America will hold the largest share of global Tyrosine Kinase Inhibitors Market during the forecast period. North America market is driven by the high cost of TKIs and high health care expenditure, which is responsible for this increased growth rate. The introduction of advance TKIs, such as JAK TKIs, multi-targeted TKIs, ALT TKIs, and others has boosted the global Tyrosine Kinase Inhibitors market in North America during the forecast period. The tyrosine kinase inhibitors market in Asia Pacific is projected to expand at a rapid pace during the forecast period. Rest of Asia Pacific countries dominated the tyrosine kinase inhibitors market in Asia Pacific, while the market in China and India is estimated to expand at a significant CAGR during the forecast period.

The objective of the report is to present comprehensive analysis of Global Tyrosine Kinase Inhibitors Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.

The report also helps in understanding Global Tyrosine Kinase Inhibitors Market dynamics, structure by analyzing the market segments, and project the Global Tyrosine Kinase Inhibitors Market size. Clear representation of competitive analysis of key players by Tyrosine Kinase Inhibitors Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Tyrosine Kinase Inhibitors Market make the report investor’s guide.

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Scope of the Global Tyrosine Kinase Inhibitors Market

Global Tyrosine Kinase Inhibitors Market by product type

• BCR-ABL TKIs
• Vascular Endothelial Growth Factor (VEGFR) TKIs
• Epidermal Growth Factor Receptor (EGFR) TKIs
• Other TKIs
Global Tyrosine Kinase Inhibitors Market by Distribution channel

• Hospital Pharmacies
• Independent Pharmacies
• Online Pharmacies
Global Tyrosine Kinase Inhibitors Market by Application

• Chronic Myeloid Leukemia (CML)
• Lung Cancer
• Renal Cell Cancer
• Breast Cancer
Global Tyrosine Kinase Inhibitors Market by region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating on Global Tyrosine Kinase Inhibitors Market

• AstraZeneca
• Pfizer
• Novartis
• Bristol-Myers Squibb
• Bayer
• Boehringer Ingelheim International
• Hoffmann-La Roche
• Johnson and Johnson
• Eisai
• Novartis AG,
• Bristol-Myers Squibb Company,

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Tags tyrosine kinase inhibitors market
Last Updated February 4, 2020