Press release
Digital currency to float across the RNA Polymerase Inhibitors Market
An RNA polymerase (RNAP), also known as ribonucleic acid polymerase, is a multi-subunit enzyme that catalyzes the process of transcription where an RNA polymer is synthesized from a DNA template. Any dysregulation in the normal functioning of the enzyme can lead to many disorders such as breast cancer, ovarian cancer, lung cancer and others.
RNA polymerase inhibitors is a substance that blocks enzyme RNA polymerase in the cell. Blocking of RNA polymerase helps the cancer cells in repairing their damaged part of DNA. The global RNA polymerase inhibits market is likely to grow with the increasing prevalence of cancer.
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The outbreak of novel coronavirus has caused a disturbance in almost all the industries. The coronavirus pandemic has also affected the RNA polymerase inhibitors market. Since coronavirus has become the main focus, many biotech and pharmaceutical companies are engaged in developing coronavirus vaccine, this is hampering the research and development activity of RNA polymerase inhibitors.
The increasing prevalence of cancer is the major factor driving the growth of the global RNA polymerase inhibitors market. The high diagnostic rate is considered as the another key driver of the global RNA polymerase inhibitors market. Furthermore, the rising geriatric population and advancements in the global health care sector is expected to drive the global RNA polymerase inhibitors market.
Furthermore, the existing market players are adopting advanced techniques for the development of scientifically advanced treatments for cancer, this is likely to propel the demand for RNA polymerase inhibitors during the forecast period.
However, stringent government regulations and high cost of treatment are expected to restrain the global RNA polymerase inhibitors market over the forecast period.
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Segmentation
Drug type
Lynparza
Veliparib
Rucaparib
Talazoparib
Niraparib
Others
Based on the indication
Ovarian Cancer
Breast Cancer
Lung Cancer
Prostate Cancer
Pancreatic Cancer
distribution channel
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
North America is expected to dominate the global RNA polymerase inhibitors market due to the rising prevalence of cancer and continuous research and development activities in the region.
Europe is expected to grow at a significant rate in the global RNA polymerase inhibitors market during the forecast period due to the well-established healthcare system and diagnostic advancements in the region.
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Asia-Pacific is expected to grow at a faster rate due to the rising healthcare spending and various initiatives by the government. Middle east and Africa is expected to show a slowest growth rate in the global RNA polymerase inhibitors market due less advanced medical facilities in the region.
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