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Epidermal Growth Factors Market 2028 Competitive Approach, Fundamental Trends And Five Years Forecast Skeleton with Investment Report | Radiant Inc., Pavay, BIO-FD&C Co. Ltd., BIOEFFECT,

06-08-2022 02:09 PM CET | Health & Medicine

Press release from: Coherent Market Insights

Epidermal Growth Factors

Epidermal Growth Factors

The Global Epidermal Growth Factors (EGF) Market Continues To Grow Owing To the Increasing Prevalence of Surgeries in the World

Market Overview:

Epidermal growth factor (EGF) is a human protein hormone that stimulates tissue differentiation and growth in the skin by binding specifically to its receptor, EGFR. Human EGF is a six-trans-membrane layer, has residues of amino acid and five intramolecular sulfide bonds, and has diverse biological activity. The major functions of EGF are to stimulate the secretion of intercellular molecules and stimulate the growth of new cells, and differentiated cells. It also has significant effects on many other cell processes such as proliferation, differentiation, death, and repair. These processes are greatly affected by the EGF protein. The binding affinity of EGF proteins to their receptor is dependent on the specific amino acid. Other than binding to the receptors, E GF proteins also interact with other proteins such as MMPs, lectins, and other molecules such as fibroblasts. It has been found that some cancer cells cannot respond to chemotherapy drugs. This is because the cancerous cells lack the ability the binding the EGF proteins. The molecular docking of the cells to each other is greatly affected by the specific amino acids and glycosylation.

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Competitive Landscape:

Major players operating in the global epidermal growth factors (EGF) market include BIOEFFECT, LipoTrue, BIO-FDandC, Radiant, and Pavay.

Key Market Drivers:

Increasing numbers of surgeries in the world are expected to augment the growth of the global epidermal growth factors (EGF) market. For instance, according to the National Institutes of Health (NIH), worldwide around 310 million major surgeries are performed every year. There are two main functions of the EGF proteins; one is to stimulate cell growth and the other is to maintain the skin structure. The growth process of new cells occurs through the stimulation of the EGF proteins which results in the accumulation of surface proteins in the cells and the associated macromolecules. The epidermal growth factor also plays an important role in the maintenance of the skin structure and cell division and growth. This is because the EGF proteins are essential for the proper functioning of the signal transduction pathways that control cell growth. Increasing research and developments related to EGF are estimated to enhance the growth of the global epidermal growth factors (EGF) market.

Covid-19 Impact Analysis:

During the COVID-19 pandemic, the rapid spread of the virus has boosted the growth of the global epidermal growth factors (EGF) market. The main reasons were the increasing spread of the virus, which led to high demand for treatment solutions. Moreover, high developments in the biotechnology sector during the pandemic also propelled the market growth.

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Key Takeaways:

• North America is expected to dominate the growth of the global epidermal growth factors (EGF) market, owing to the increasing prevalence of biotechnology companies in the region. For instance, according to the American Biotechnology Association, there are currently around 6600 biotech companies in the United States.

• The Asia Pacific is estimated to witness high growth in the global epidermal growth factors (EGF) market, owing to the high incidence of surgical operations in the region. For instance, according to the Indian Association of Healthcare Providers, around 4624 surgeries are performed each year in India.

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About US:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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