MEK inhibitors Market Report 2021: By Key Players, Type, Trends, Analysis and Forecast 2021-2027

The global MEK inhibitors market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The major factor anticipated to propel the MEK inhibitors market includes continuous clinical trials and studies on MEK inhibitors as a new treatment option in the field of oncology. MEK inhibitors have already shown promising results for skin cancer; this has propelled researchers to be actively involved in the R&D of MEK inhibitors for the purpose of expansion of their application to other invasive forms of cancer indications, such as colorectal cancer. For instance, MEK inhibitors are under clinical trial for the treatment of patients experiencing metastatic colorectal cancer, which is under phase 3 study.

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Another factor that is anticipated to propel the MEK inhibitors market during the forecast period includes high target analogy and specificity. Moreover, product approvals are also serving as the major driver for the growth of the global MEK inhibitors market. For instance, in January 2019, ONO PHARMACEUTICAL CO., LTD. received manufacturing and marketing approval for MEKTOVI MEK inhibitors in Japan for the treatment of metastatic melanoma with BRAFV600 mutations. The company has also taken substantial steps to commercialize this drug in major economies of North America. In May 2017, ONO PHARMACEUTICAL CO., LTD., and Array BioPharma Inc. signed a license agreement to develop and commercialize MEKTOVI in the US and Canada.

Some key players operating in the market include AstraZeneca Plc, F. Hoffmann-La Roche Ltd., Novartis AG, and Ono Pharmaceutical Co. Ltd. These players are eyeing on strengthening their position in the market by adopting various strategies as mergers and acquisitions, partnerships, collaborations, new product launch and development in the existing product portfolio, and so on.

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Market Coverage

• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered
• Regions Covered- Globally
• Competitive Landscape: Cisco Systems, Inc., Purple, and Ruckus Networks, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominates the market in base year?
• Which segment and region will project fastest growth in the market?
• How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global MEK inhibitors Market - Segmentation

By Type

• MEKINIST
• COTELLIC
• MEKTOVI

MEK inhibitors Market– Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Cisco Systems, Inc.
• Purple
• Ruckus Networks

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2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
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Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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