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Sirolimus Market witness Strong Competition in the Coming Years | TMR Research Study

01-07-2020 07:05 AM CET | Health & Medicine

Press release from: TMR Research

Sirolimus Market witness Strong Competition in the Coming Years

Sirolimus is being utilized extensively in the medical and healthcare industries owing to its outstanding antitumor and immunosuppressive activities. Sirolimus has been utilized for its antifungal properties and is attracting the interest of the medical community due to its inhibitory role in the antigen-induced proliferation of T cells, B cells, and antibody production. The researchers are shedding light on the immunosuppressive therapeutic potential of sirolimus which can play a vital role in treating Lymphangioleiomyomatosis (LAM), a rare progressive cystic lung disease. It aids in stabilizing lung function by inhibiting the mammalian target of sirolimus.

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The broad areas of application such as organ transplant rejection, sirolimus coated balloons, lymphangioleiomyomatosis, and catheter devices are contributing to the progress of the global sirolimus market. The persistent search for alternative immunosuppressive regimens is further driving the growth and development of the global market. Researchers are continuously evaluating the role, efficacy, and safety of sirolimus in the rejection of kidney transplants, especially serious allograft dysfunction which is positively impacting the advancement of the global market.

Some of the key insights about the global sirolimus market are given below:

• The global sirolimus market has five key regions viz. Latin America, North America, Europe, Middle East and Africa, and Asia Pacific that provide us with a better understanding of its working dynamics. Currently, the market is expected to be dominated by the North America region owing to the vast uptake of advanced immunosuppressive therapies. Additionally, the extensive studies over the past few years are aiding the enhancement of the region in the global sirolimus market.

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• The leading players in the global market for sirolimus are expected to witness strong competition in the coming years of the forecast period. Some of the leading brands in the global market include names such as Zydus Cadila, Concept Medical, Inc., Pfizer, Inc., Dr. Reddy’s Laboratories Limited, Biocon, Torrent Pharmaceuticals Limited, and Intas Pharmaceuticals Limited among others.

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