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Anti-Cathepsin B Industry Landscape and its Growth Prospect By 2020-2030

02-28-2022 01:50 PM CET | Health & Medicine

Press release from: Transparency Market Research

Anti-Cathepsin B

Anti-Cathepsin B

Anti-Cathepsin B Market: Introduction
Cathepsin B belongs to a family of lysosomal cysteine proteases. It plays an important role in intracellular proteolysis. In humans, Cathepsin B is encoded by the CTSB gene. Anti-Cathepsin B antibody is used to treat cancers, traumatic brain injuries, Ebola infection, and fertility issues.

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Key Drivers and Restraints of Global Anti-Cathepsin B Market
•Rise in incidence rate of cancer across the globe is a major factor driving the market. Cancer is one of the leading causes of death globally. According to the World Health Organization (WHO), cancer accounts for 8.3 million deaths each year, with 70% new cancer cases expected to be reported over the next 20 years. Rise in cancer-afflicted population is anticipated to be one of the key drivers of the market. According to Centers for Disease Control and Prevention (CDC) report, the number of cancer patients diagnosed in the U.S. reached approximately 21 million in 2014. This number is estimated to reach 25.4 million by the end of 2024. Increase in cancer cases is driving the need for early diagnosis or profiling of cancer. This is ultimately fueling the global Anti-Cathepsin B market.
•Government funding for research in tumor or cancer treatment is another major factor boosting the market. In order to reduce mortality and morbidity rate, governments in developed and developing countries are conducting awareness campaigns to encourage people to opt for early diagnosis and treatment of cancer. This is expected to augment the market during the forecast period. In April 2016, the U.S. Government assigned US$ 5.2 Bn for the National Cancer Institute (NCI). The budget was increased by 5.3% compared to that in the previous year. The NCI conducts clinical trials on cancer patients who require repetitive diagnosis to check the prognosis of cancer. According to data published by the National Center for Biotechnology Information (NCBI) in January 2016, variety of Cathepsin B inhibitors have been developed and investigated for the inhibition of tumor invasion to treat different cancers; however, none has been successful in demonstrating clinical evidence to treat cancers.
•Lack of approved Cathepsin inhibitors for various pharmaceutical applications is the major factor restricting the market

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Primary Antibodies Product Type Segment to Dominate Global Anti-Cathepsin B Market
•Based on product type, the global anti-Cathepsin B market can be divided into primary antibodies, proteins & peptides, and lysates
•The primary antibodies generated maximum revenue for the market in 2019. Anti-Cathepsin B antibodies are available from several suppliers. In humans, this protein is encoded by the gene CTSB. The protein is also known as APPS, CPSB, RECEUP, APP secretase, and amyloid precursor protein secretase. These anti-Cathepsin B antibodies are used for ELISA, western blotting, flow cytometry, and other screening purposes.

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Traumatic Brain Injury Application Segment to Expand Significantly
•Based on application, the global anti-Cathepsin B market can be divided into cancer, traumatic brain injury, Ebola infection, fertility treatment, and others
•The cancer segment dominated the global market in 2019. The segment is projected to sustain its position during the forecast period. Increase in incidence of cancer is expected to boost the segment. According to the National Institutes of Health, the rate of new cases of cancer is 442.4 per 100,000 men and women per year (based on 2013-2017 cases). As per WHO, cancer is the second leading cause of death globally, and led to around 9.6 million deaths in 2018. Globally, about one in six deaths is due to cancer.
•The traumatic brain injury segment is expected to expand at a faster CAGR during the forecast period. According to the American Association of Neurological Surgeons, around 13.5 million people in the U.S. live with a disability due to traumatic brain injury. According to the CDC, approximately 2.87 million cases of traumatic brain injury were reported in the U.S. in 2014; children accounted for more than 837,000 of these cases.

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Pharmaceutical Companies End-user Segment Estimated to Dominate Global Anti-Cathepsin B Market
•Based on end-user, the global anti-Cathepsin B market can be divided into pharmaceutical companies and academic & research institutes.
•The pharmaceutical companies segment generated the maximum revenue in 2019 owing to increase in funding and investments by various pharma companies. In July 2014, a clinical stage pharmaceutical company, Virobay, Inc., developed a platform of Cathepsin protease inhibitors for the treatment of neuropathic pain, autoimmune disease and fibrosis.
North America to Dominate Global Anti-Cathepsin B Market
•In terms of region, the global anti-Cathepsin B market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
•North America accounted for the major share of the global anti-Cathepsin B in 2019. It was followed by Europe. Increase in prevalence of cancer or traumatic brain injury is estimated to boost the market in the region. According to the American Cancer Society, Inc., around 1.8 million new cancer cases are estimated to be diagnosed the U.S. by the end of 2020, along with 606,520 cancer deaths.
•The market in developing economies in Asia Pacific is estimated to expand at a fast-paced CAGR during the forecast period. Increase in patient population, focus of key players on providing new treatments, and increase in public & private health care spending are fueling the anti-Cathepsin B market in Asia Pacific. Awareness and adoption of novel drugs play a major role in propelling the anti-Cathepsin B market.
Key Manufacturers Operating in Market
The global anti-Cathepsin B market was highly fragmented in 2019. Key manufacturers operating in the global market are:
• Merck KGaA
• Bio-Techne, BioVision Inc.
• Santa Cruz Biotechnology, Inc.
• MedChemExpress
• BioCat GmbH
• ApexBio Technology
• Cayman Chemical
• Selleck Chemicals
• BOC Sciences
• AG Scientific
• Virobay Inc.
• Abcam Plc
This intelligence report by TMR is the outcome of intense study and rigorous assessment of various dynamics shaping the growth of the market. TMR nurtures a close-knit team of analysts, strategists, and industry experts who offer clients tools, methodologies, and frameworks to make smarter decisions. Our objective, insights, and actionable analytics provide CXOs and executives to advance their mission-critical priorities with confidence.
The scrutiny of the various forces impacting the dynamics of the market, and key and associated industries, guides enterprises in understanding various consumer propositions. Our clients leverage these insights and perspectives to enhance customer experience in the fast-paced business environment.
All our insights and perspectives are broadly based on 4 Pillars or Stages: ASBC-S, which offer an elaborate and customizable framework for the success of an organization. The essence and the roles of these in organizational successes are highlighted below:
•Agenda for CXOs: TMR, through the study, sets the tone for agendas that are pertinent to CEOs, CFOs, CIOs, and other CXO executives of businesses operating in the market. The perspectives help our clients to bridge the gap between agenda and action plan. TMR strives to offer guidance to CXOs to undertake mission-critical activities empowered by various business analysis tools, and boost the performance of the organizations. The perspectives guide you to decide on your own marketing mix that align well with the policies, visions, and mission.
•Strategic Frameworks: The study offers how organizations are setting both short-term and long-term strategic plans. Our team of experts collaborate and communicate with you to understand these to make your organizations sustainable and resilient during tough times. The insights help them decide sustainable competitive advantage for each business units.
•Benchmarking for Deciding Target Markets and Brand Positioning: The assessments in the study provides a scrutiny of marketing channels and marketing mix. Our various teams work synergistically with you to help identify your actual and potential direct, indirect, and budget competition areas. Additionally, the study helps you decide most effective budgets for various processes and promotional activities. Furthermore, the study guides you to set benchmarks for integrating people and processes with the 4Ps of marketing. Eventually, this will empower you to find out unique propositioning strategies and niches.
•Business Composability for Sustainability (C-S): Constant strategy planning for sustainability characterizing our C-S framework in the report has become more relevant than before in the face of disruptions caused by pandemics, recessions, boom and bust cycles, and changing geopolitical scenario. The TMR study offers a high level of customization to help you achieve business composability. Composable enterprises are increasingly gaining the attention of CXOs in order to help them combat market volatility. Our analysts and industry experts help you wade through such uncertainties and guide you to become a smart sustainable business in entirety.

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About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
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