Poly (ADP-Ribose) Polymerase (PARP) Inhibitors Market Booming At A CAGR Of 24.7%|Key Players Are Sierra Oncology, Inc., Karyopharm Therapeutics, ONO PHARMACEUTICAL CO., LTD., Repare Therapeutics among others.

Global poly (ADP-ribose) polymerase (PARP) inhibitors market is rising gradually with a healthy CAGR of 24.7% in the forecast period of 2020-2027. The report contains data of the base year 2019 and historic year 2018. Increasing approvals of novel PARP inhibitors and mergers & acquisitions of many pharmaceutical companies brings a great opportunity for growth of the market.

In the poly (ADP-ribose) polymerase (PARP) inhibitors market report, a section about the competitive landscape of the key players operating in the global market has also been studied well. This section covers the company profile, product specifications, capacity, production value, contact information, and market shares for the company. In addition, it equips players with exhaustive market analysis to help them identify key business prospects available in the global market. poly (ADP-ribose) polymerase (PARP) inhibitors report helps enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

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Few of the major competitors currently working in the global poly (ADP-ribose) polymerase (PARP) inhibitors market are

Pfizer Inc.,
CLOVIS ONCOLOGY,
AstraZeneca,
Merck & Co., Inc.,
Myriad Genetics, Inc.,
GlaxoSmithKline plc.,
Johnson & Johnson Services, Inc.,
AbbVie Inc.,
Myriad Genetics, Inc.,
Teva Pharmaceutical Industries Ltd.,
Checkpoint Therapeutics, Inc.,
Takeda Pharmaceutical Company Limited,
Artios Pharma,
Genentech, Inc.,

Key Developments in the Market:

In October 2018, Pfizer Inc. received the U.S FDA approval for Talzenna (talazoparib), a poly (ADP-ribose) polymerase (PARP) inhibitor used for treatment of patients with breast cancer. The drug candidate shows potential effectiveness in deleterious or suspected deleterious germline BRCA-mutated (gBRCAm), HER2‑negative locally advanced or metastatic breast cancer. The novel drug candidate will provide an effective treatment to the patients suffering from breast cancer and Pfizer Inc. will expand its business revenue by production and commercialization of the drug
In April 2018, CLOVIS ONCOLOGY received the U. S. FDA approval for Rubraca, a poly ADP-ribose polymerase (PARP) inhibitor used for treatment of patients with recurrent epithelial ovarian cancer. The novel drug candidate will provide an effective treatment to the patients suffering from recurrent epithelial ovarian cancer enabling the company in expanding its business revenue

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Segmentation: Global Poly (ADP-Ribose) Polymerase (PARP) Inhibitors Market

By Drugs Type

Talazoparib
Veliparib
Olaparib
Others

By Indication Type

Ovarian Cancer
Fallopian Tube Cancer
Breast Cancer
Others

By End Users

Hospitals
Homecare
Specialty Clinics
Others

By Distribution Channels

Hospital Pharmacy
Online Pharmacy
Retail Pharmacy
Others

By Geography

North America
South America
Europe
Asia-Pacific
Middle East & Africa

Market Drivers

Rising incidence rate of cancer demanding novel therapies increases the anticipation of PARP inhibitors driving the market growth
Rising awareness about PARP inhibitors for treatment of cancer will expand the market size
Increasing geriatric population and prevailing cancer disease will also boost the growth of the market
Governmental investment in improvement of health expenditure is another factor fueling this market growth

Market Restraints

Side effects of PARP inhibitors hampers the market growth
Resistance of PARP inhibitors is another factor restraining the growth of the market Stringent regulatory policies will also restrict the market growth

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