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North America Medical Enzyme Technology Market Registering a CAGR of 7.0% From 2021 to 2028 | Merck Kgaa, Cytiva, Novozymes
Medical Enzyme Technology Market
Enzymes are proteins produced in living cells of plants, animals, and microorganisms. All living organisms require enzymes for growth and for the production and utilization of energy which is essential for life. In the living cell, enzymes act as catalysts to speed up the chemical reactions which control life processes. Enzymes have been significant industrial products for more than a hundred years. However, the range of potential applications is increasing rapidly. With the advent of recombinant DNA technology, it has become possible to make formerly rare enzymes in large quantities and hence to reduce cost. Also, in pharmaceutical manufacturing, the desire to make chirally pure compounds is leading to new opportunities. Technological advances have facilitated the use of enzymes over an increasingly broad range of process conditions.
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Biopharmaceuticals are among the growing business segments of the pharmaceutical and biotechnology industries. Since their introduction in 1982, biopharmaceutical drugs have revolutionized the treatment of a broad spectrum of diseases, and they are increasingly used in nearly all medicine branches. Despite the immense time and financial effort required, the market of biopharmaceuticals is rapidly growing. In 2017, India-based Biocon received the US Food and Drug Administration (FDA) approval for Ogivri, a biosimilar to Herceptin (trastuzumab). That is the first biosimilar approved in the US to treat breast and stomach cancer and the second biosimilar approved in the country for cancer treatment.
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Major Key players covered in this report:
• Merck Kgaa
• Thermo Fisher Scientific Inc.
• Novozymes
• Takeda Pharmaceutical Company Limited
• Agilent Technologies, Inc.
• Genzyme Corporation
• Asahi Kasei Corporation
• Promega Corporation
• Cytiva
• Amano Enzyme Inc.
NORTH AMERICA MEDICAL ENZYME TECHNOLOGY MARKET SEGMENTATION
North America Medical Enzyme Technology Market, by Enzyme Type
• Digestive Enzymes
• Thrombolytic Enzymes
• Hydrolases Enzymes
• Endonucleases Enzymes
North America Medical Enzyme Technology Market, by Application
• Disease Treatment
• Diagnostic Tools
• Biomedical Research
• Others
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In the North American region, the US was profoundly affected by the outbreak of the COVID-19 pandemic. The country has marked the highest number of positive patients and still facing the second wave of COVID-19. Across the various healthcare sectors, the effect of a pandemic can be felt, resulting in various changes in the health care industry. Scientists are working together to produce and exchange genomic sequence data information, which can be used in disease detection and control efforts.
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