Granulocyte Macrophage Colony Stimulating Factor Market Value Projected to Expand by 2029
Granulocyte macrophage colony stimulating factor market is anticipated to grow at a significant CAGR during the forecast period. Granulocyte macrophage colony-stimulating factor, also called as CSF2 (colony stimulating factor 2), is a monomeric glycoprotein released by usual killer cells, T cells, mast cells, macrophages, fibroblasts, and endothelial cells that acts as a cytokine. The COVID-19 pandemic has significantly affected the global granulocyte macrophage colony stimulating factor market. Since this factor is a myelopoietic development factor and pro-inflammatory cytokine, it plays a key role in the treatment of immunological disease, lung inflammation, and alveolar macrophage homeostasis. Further, the inhibition as well as administration of granulocyte macrophage colony stimulating factor, both are now being medically tested in COVID-19 clinical trials.Other major factors attributable to the market growth includes the increasing prevalence of fungal infections, the rising prevalence of cancer, and the growing cases of failed skin grafting. Apart from COVID-19, the growing cancer cases substantially impact the market growth. North America region is likely to witness a significant growth in the market owing to the rising prevalence of cancer. This influences the market growth in the North American region. On the other side, the exorbitantly high cost of chemotherapy treatments, and side effects associated with the drug may restrain the growth of the global granulocyte macrophage colony stimulating factor market.
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Market Coverage
The market number available for - 2021-2029
Base year- 2021
Forecast period- 2023-2029
Segment Covered-
By Route of Administration
By Application
By End-User
Regions covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape: Amgen Inc., Merck KGaA, and Sanofi S.A., among others.
Granulocyte Macrophage Colony Stimulating Factor Market Report by Segment
By Route of Administration
Subcutaneous Bolus
Intravenous Infusion
By Application
Fungal Infections
Skin Graft
Cut-Burn Wounds
Acute Myelogenous Leukemia
Others
By End-User
Hospitals and Clinics
Surgical Centers
Diagnostic Centers
Research Centers
Others
A full Report of Granulocyte Macrophage Colony Stimulating Factor Market is Available @ https://www.omrglobal.com/industry-reports/granulocyte-macrophage-colony-stimulating-factor-market
Granulocyte Macrophage Colony Stimulating Factor Market Report by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East & Africa
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More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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