DNA Repair Drugs Market - Breakthrough for Cancer Patients And Analysis By Major Players AstraZeneca Plc., Johnson & Johnson, GlaxoSmithKline plc

Coherent Market Insights released a new market study on 2021-2028 DNA Repair Drugs Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. Report offering you more creative solutions that combine our deep geographic experience, intimate sector knowledge and clear insights into how to create value in your business. The research study provides estimates for 2021-2028 DNA Repair Drugs Market Forecast till 2028*.

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Global DNA Repair Drugs Market

DNA repair drugs are widely utilized for repairing damaged DNA, as well as for treating various types of cancer. DNA damage results usually in genetic disorders; however, the human body has its own mechanisms to correct the DNA sequence. DNA repair drugs, such as PARP inhibitors and other DNA repair drugs, help in the treatment of diseases with genetic aberrations.

The global DNA repair drugs market was evaluated at US$ 461.3 million in 2017, and is anticipated to exhibit a whopping 32.4% CAGR over the forecast period (2018-2026).]

Global DNA Repair Drugs Market Overview

Increasing incidence of cancer, rising government initiatives to promote awareness for cancer treatment, and expansion strategies being formulated by leading manufacturers to increase and expand their product portfolio in the international markets, are significant factors propelling the growth of the global DNA repair drugs market.

According to the World Cancer Research Fund International’s report in 2018, breast cancer accounted for the second highest number of cancer cases (2,088,849 new cases) across the globe in 2018. According to GLOBOCAN, 43.6% new cases of breast cancer were registered in Asia Pacific in 2018. Moreover, increasing drug approvals, which are helping address the rising demand for efficient therapeutics, is expected to further propel the global market development in the near future. For instance, in October 2018, Pfizer Inc. received the U.S. Food and Drug Administration (FDA) approval for Talazoparib (Talzenna) for treating patients with HER2 (negative locally advanced or metastatic breast cancer).

However, delay in receiving regulatory approvals result in the delayed marketing of the product, which could adversely affect the revenue generation for the manufacturers. Similarly, delay in post approval of the drug product for other therapeutic indication results in increasing clinical trials costs and can impact the labelling and approval status of currently marketed products.

Global DNA Repair Drugs Market – Geographical Landscape

North America is expected to dominate the global DNA repair drugs market over the forecast period, owing to increasing incidence of cancer. According to the American Cancer Society, in 2018, an estimated 266,120 new cases of invasive breast cancer were diagnosed in the U.S. Moreover, increasing demand for cancer treatments is expected to drive growth of the DNA repair drugs market in the region.

Significant Market Players

The major players operating in the global DNA repair drugs market are AstraZeneca Plc., Johnson & Johnson, GlaxoSmithKline plc., Pfizer, Inc., Clovis Oncology Inc., AbbVie Inc., Bristol - Myers Squibb, Merck KGaA, Genentech, Inc., Repare Therapeutics Inc., Karyopharm Therapeutics Inc., Ono Pharmaceutical Co., LTD., and Jiangsu Hengrui Medicine Co., Ltd.

These players are actively engaged in research and development activities in order to meet the escalating demand for DNA repair drugs worldwide. In May 2019, Clovis Oncology, Inc., collaborated with Bristol-Myers Squibb Company and Foundation Medicine Inc. to initiate phase II study for evaluating rucaparib in combination with nivolumab in patients with high-grade serous carcinoma (HGSC) or endometroid ovarian cancer.

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Reasons to Purchase this Report

• Current and future of global DNA Repair Drugs Market outlook in the developed and emerging markets • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period. • Regions/countries that are expected to witness the fastest growth rates during the forecast period • The latest developments, market shares, and strategies that are employed by the major market players

Major Point Answered in DNA Repair Drugs Market Research Study are:

What will be the progress rate of the DNA Repair Drugs Market for the conjecture period, 2021-2028?
What are the prominent factors driving the DNA Repair Drugs Market across different regions?
Who are the major vendors dominating the DNA Repair Drugs industry and what are their winning strategies?
What will be the market scope for the estimated period?
What are the major trends shaping the expansion of the industry in the coming years?
What are the challenges faced by the DNA Repair Drugs Market?

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