Press release
Understanding Wilms Tumor Protein Market 2024
Wilms Tumor Protein
The wilms tumor protein market size is expected to see strong growth in the next few years. It will grow to $4.06 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to personalized medicine approaches, genomic and proteomic research advances, patient advocacy and support initiatives, regulatory support for precision medicine, integration of biomarker testing.. Major trends in the forecast period include focus on early detection and screening programs, regulatory compliance in diagnostic assays, patient advocacy and awareness initiatives, integration of next-generation sequencing (ngs), global expansion of diagnostic services..
Market Overview -
Wilms Tumor Protein (WT1) is a specific protein encoded by the WT1 gene, which plays a critical role in various cellular processes, including normal kidney development during embryogenesis. The WT1 gene is located on chromosome 11p13 and is expressed in several tissues, with exceptionally high levels in the developing kidney and the gonads. Wilms Tumor Protein Plays an essential role in the normal development of the urogenital system and regulates the expression of numerous target genes.
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Rising Incidence Of Kidney Cancers Drives Growth In The Wilms Tumor Protein Market
The increasing cases of kidney cancers are expected to propel the growth of the wilms tumor protein market going forward. Kidney cancer is cancer that begins in the kidneys where there is abnormal growth of cells in your kidney tissue. WT1 expression can aid in diagnosing kidney cancer, mainly when the tumor is tiny or challenging to biopsy. For instance, in January 2023, according to the American Cancer Society, a US-based cancer-fighting organization, there were around 81,800 new cases of kidney cancer and 14,890 deaths from kidney cancer in 2023. Furthermore, according to Cancer Research UK, a UK-based independent cancer research organization, there could be around 21,900 new cases of kidney cancer every year in the UK by 2038-2040. Therefore, Increasing cases of kidney cancers is expected to propel the growth of the Wilms tumor protein market.
Competitive Landscape -
Major companies operating in the wilms tumor protein market report are Thermo Fisher Scientific Inc., Abbott Laboratories, Glaxosmithkline Plc, F. Hoffmann-La Roche Ltd, Otsuka Holdings Co Ltd, Agilent Technologies Inc., Illumina Inc., Sumitomo Dainippon Pharma Co Ltd., PerkinElmer Inc., ZS Genetics Inc., Tecan Trading AG, QIAGEN NV, Abcam plc, Hamilton Company, BioLegend Inc., Oxford Nanopore Technologies plc, Pacific Biosciences of California Inc., Sino Biological Inc., LI-COR Inc., Cell Signaling Technology Inc., Genetex Inc., Proteintech Group Inc., Zymo Research Corporation, Santa Cruz Biotechnology Inc., Novus Biologicals LLC, Inovio Pharmaceuticals Inc., OriGene Technologies Inc., Macrogen Inc., Boster Biological Technology, Vaximm Ag, Fitzgerald Industries International
Innovative Detection Methods Transform The Wilms Tumor Protein Market
Major companies operating in the Wilms tumor protein market are concentrating on developing advanced detection methods such as enzyme-linked immunosorbent assay (ELISA) to provide reliable services to their customers in the market. Enzyme-linked immunosorbent assay (ELISA) is a sensitive and specific method that uses specialized enzymes that attach to antibodies in your blood and detect HCPs. For instance, in February 2023, Charles River Laboratories International Inc., a US-based developer and manufacturer of novel drugs and therapeutics, launched an Enzyme-Linked Immunosorbent Assay (ELISA) Kit for the residual host cell proteins (HCP) detection and quantification. The novel HCP-ELISA kit from Charles River uses avian IgY antibodies as its main detection method. These antibodies were created only by AVS Bio and are produced from Specific-Pathogen-Free Chicken (SPF) Eggs.
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Key Segments -
The wilms tumor protein market covered in this report is segmented -
1) By Product Type: Antibodies, Assay Kits, Recombinant Proteins, Other Types
2) By Detection Method: Immunohistochemistry (IHC), Enzyme-Linked Immunosorbent Assay (ELISA), Western Blotting, Polymerase Chain Reaction (PCR), Other Methods
3) By Application: Cancer Diagnosis, Cancer Treatment, Research And Development, Other Applications
4) By End User: Hospitals, Diagnostic Laboratories, Research Institutes, Other End Users
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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Wilms tumor, or nephroblastoma, is a rare pediatric kidney cancer that typically affects children under the age of 5. Representing nearly 6% of all childhood cancers, Wilms tumor is one of the most treatable pediatric malignancies when diagnosed early. Advances in multimodal treatment approaches - surgery, chemotherapy, and radiotherapy - combined with emerging targeted therapies and genetic insights have significantly improved survival rates.
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The wilms tumor market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market is growing at a CAGR of 4.30% in the above-mentioned research forecast period. Ongoing research and products under clinical trials are the factors for the growth of the wilms tumor market.
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