CXCR4 Antagonist Market Analysis by Size, Share, Growth, Trends, Opportunities and Forecast (2024-2032) | UnivDatos Market Insights

0
0

According to a new report by UnivDatos Market Insights, the CXCR4 Antagonist Market is expected to reach USD XX Million in 2032 by growing at a CAGR of 12.37%. This growth is due to several factors mainly, the need for better treatment solutions for diseases that are on the rise including cancer and HIV. The availability of individualized treatments, improved drug delivery systems, and the use of artificial intelligence in developing drugs, will also drive the market further. Furthermore, the increasing interest in the production of orphan drugs, as well as combination therapies signals a new trend towards more focused treatments that allow for higher effectiveness of treatment for particular patient populations. North America remains the largest buyer of the equipment, while Asia-Pacific is expected to show the highest growth over the forecast period as a result of a growing healthcare expenditure and a larger population of patients.

Request To Download Sample of This Strategic Report - https://univdatos.com/get-a-free-sample-form-php/?product_id=68257

For instance, on September 2023, BioLineRx Ltd., a commercial-stage biopharmaceutical company focused on certain cancers and rare diseases, announced that the U.S. Food and Drug Administration (FDA) has approved APHEXDA™ (motixafortide) in combination with filgrastim (G-CSF) to mobilize hematopoietic stem cells to the peripheral blood for collection and subsequent autologous transplantation in patients with multiple myeloma. APHEXDA is administered by injection, for subcutaneous use.

Increasing Prevalence of Cancer

Rising cancer incidence and prevalence enhances the global demand for CXCR4 antagonist market. According to World Health Organization, approximately 19 million patients are diagnosed with cancer every year and this figure is predicted to increase by approximately 70% within the next two decades. This situation requires the application of reasonable therapeutic approaches in combating different types of cancer, such as breast, lung, and prostate cancers, that have been showing high incidences in recent years. CXCR4, which is a chemokine receptor with high-level expression on tumours, plays a significant role in cancer progression and metastasis. It promotes the movement of cancer cells to other parts of the body, thus making it a major consideration for treatment. The mechanism of action of CXCR4 antagonists lies in preventing the binding of this receptor to its ligand CXCL12 depriving cancer cells to undertake processes that precipitate metastasis. This mechanism places these antagonists as potential candidate agents in oncology treatments. For example, the highly investigated compound, Plerixafor which is part of the CXCR4 antagonist family, has demonstrated abilities to suppress the metastatic potential of tumours, besides increasing the efficiency of other treatments such as chemotherapy and immunotherapy. In addition, drug-resistant cancer cases are on the rise, consequently pushing the demand for new treatments. A number of patients develop the ability to resist the action of traditional treatments; therefore, the utilization of an antagonizing target, such as CXCR4 antagonists, may be effective in overcoming this problem.

Ask for Report Customization - https://univdatos.com/get-a-free-sample-form-php/?product_id=68257

Browse Related Reports:

·        Antibiotic Resistance Market

·        Software as a Medical Device Market

·        Opioid Use Disorder (OUD) Treatment Market

·        Sperm Bank Market

·        Deep Vein Thrombosis Market

According to the report, the Asia-Pacific region is expected to be the fastest-growing region in the forecast period

The CXCR4 antagonist market in the Asia-Pacific (APAC) market is expected to experience significant growth owing to increasing cancer and HIV incidence that requires adequate treatment. Moreover, the increasing interest in treatment for stem cell mobilization and the development of new drugs are some other factors investing in the market growth of CXCR4 antagonists. The trends in precision medicine and other targeted therapies are also very important as more APAC countries transition to patient-centric systems of healthcare delivery. In addition, greater clinical trial transparency and favorable regulatory conditions are now motivating pharma to continue the development of novel CXCR4 antagonists for expanded use in other therapeutic indications. For instance, in November 2021, Abbisko Therapeutics Co. Ltd., which is a China-based pharmaceutical company Joined hands with X4 Pharmaceuticals, Inc. for the development of CXCR4 antagonists.

 

 

Реклама
Поиск
Реклама
Категории
Больше
Бизнес
Industrial Gas Turbine Market Growth, Industry Trends, Revenue, Future Scope and Outlook 2030
  "Reaching New Heights: Maximize Market Research Pvt Ltd's Insights into...
От Nilam Jadhav 2024-04-08 07:20:52 0 610
Разное
Air Coolers Market Share, Growth, Industry Segmentation, Analysis and Forecast 2029
Air Coolers Market is anticipated to reach US$ 2.74 Bn by 2029 from US$ 1.32 Bn in 2022 at a...
От Harshada123 Kkkk 2023-12-01 10:32:55 0 893
Бизнес
Innovative Materials: The Impact of Glass & Specialty Synthetic Fibers on Performance and Sustainability
According to the new market research report "Glass & Specialty Synthetic Fiber...
От Stephen Lobo 2024-10-23 08:57:25 0 0
Бизнес
"Europe SATCOM Market Analysis: Size, Share, and Growth Forecast (2024-2032)"
Europe Satellite Communication (SATCOM) Market Outlook The Europe Satellite Communication...
От James Thomas 2024-08-30 09:01:16 0 49
Бизнес
Refurbished and Used Mobile Phones Market Forecast To Grow USD 146.43 Billion By 2030
According to Custom Market Insights (CMI), The Global Refurbished and Used Mobile Phones...
От Trisha Jadhav 2023-07-29 13:32:56 0 910