Market World Protein Kinase Inhibitors Market Applications, Tre | Page 2

Clinically, protein kinases help in understanding inter and intra-cellular molecular interactions, and
also explains the role of multiple cellular biochemical networks and clarify unknown details of
different cell processes such as division and metabolism. Characteristically, protein kinase inhibitors
are chemically assorted and possess low-molecular weight. Along with protein kinases with ATP
substrate, there exists a group of ATP non-competitive inhibitors which describe a group of peptide
inhibitors of protein kinases.
On a commercial scale, protein kinase inhibitors help in diagnosing cancer patients and also the rise
in demand for custom treatments has been a prime feature in the growth of protein kinase inhibitor
market. Overall, with the product innovation and novel therapies the protein kinase market is
expected to rise at a higher CAGR in the international market. Protein kinase inhibitor industry is
driven by factor such as rising R&D activities against cancer in developed countries. Additionally,
technological innovations and data-driven customizations to fulfill consumer demand for efficiency
and accurate outcome also propel the market growth in the forecast period. Moreover, protein
kinases as anti-cancer drugs account for a significant share in the global market.
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Protein Kinase inhibitor industry geographically spans North America, Latin America, Asia-Pacific,
Europe, Middle-East and Africa. North America dominates the global market in terms of value. Also,
factors such as rising R&D activities in this region propel the market growth in the forecast period.
Europe is anticipated to rise at a tremendous CAGR in the forecast period owing to extensive
research on cancer and cancerous cells.
APAC regions are anticipated to rise at a higher CAGR in the forecast period owing to rising
prevalence of cancer and need for novel therapies. Middle-East and African protein kinase inhibitor
industry is expected to rise at a moderate CAGR owing to low medical infrastructure and less R&D
activities.
The key players in the protein kinase inhibitor industry include Pfizer, Alnylam Pharmaceuticals,
Allergan, Amgen, Biocon, Angstorm Pharmaceuticals, Bionomics, Acceleron Pharma, CASI
Pharmaceuticals, Celegene Corporation, Enzon Pharmaceuticals, Five Prime Therapeutics, Fujifilm
Kyowa Kirin Biologics, Hetero Drugs, Genentech, ImClone Systems, Genexine, Intas Pharmaceuticals,