DNA Damage Response Drugs Market Overview by Recent Opportunities, Growth Size, Regional Analysis and Forecasts to 2030
Our healthcare experts have found DNA damage response drugs industry to be one of the most rapidly evolving markets. The global market for DNA damage response drugs is predicted to grow at a CAGR of 21.33% over the forecast period of 2020-2030. The market is driven by certain factors, which include the rising global prevalence of cancer, favorable reimbursement scenario, increasing oncology R&D expenditure, and an increase in the adoption of precision medicine in cancer treatment.
The market is favored by the developments in the field of oncology research for discovering underlying molecular mechanisms of cancerous cells for the development of novel therapeutics. Moreover, the growing cases of advanced cancer worldwide has significantly escalated the need for developing DNA damage response drugs for solving cancer unmet needs. These drugs have unprecedented potential in terms of offering a selective and efficient tolerated treatment approach for improving cancer survival rates.
Market Segmentation
• Commercialized Drugs – Lynparza, Talzenna, Zejula, and Rubraca
• Pipeline Analysis (by Mechanism of Action)- PARP Inhibitor, WEE1 Kinase Inhibitor, ATR Kinase Inhibitor, Aurora B Inhibitor, and DNA-PK Inhibitor, and Others
• Application – Ovarian Cancer, Breast Cancer, Pancreatic Cancer, and Prostate Cancer
Regional Segmentation
• North America – U.S., Canada
• Europe – Germany, France, U.K., Italy, Spain, Switzerland, and Rest-of-Europe
• Asia-Pacific – China, Japan, India, Australia, and Rest-of-Asia-Pacific (RoAPAC)
• Latin America – Brazil, and Rest-of-the-Latin America
• Rest-of-the-World
Growth Drivers
• Rising Global Prevalence of Cancer
• Favourable Regulatory Environment
• Increasing Oncology R&D Expenditure
• Increase in Adoption of Precision Medicine in Cancer Treatment
Market Challenges
• High Cost Hindering the Adoption Rate
• Unfavorable Reimbursement Scenario
• Safety Concerns Pertaining to Severe Adverse Effects
Market Opportunities
• Massive Scope in Emerging Regions
Key Companies Profiled
AbbVie Inc., AstraZeneca plc, Bayer AG, BeiGene Ltd., Clovis Oncology, Debiopharm International SA, Eli Lilly & Company, GlaxoSmithKline plc, Merck KGaA, NMS Group S.p.A, Onxeo SA, Pfizer Inc., Repare Therapeutics, Sierra Oncology, Inc., and Zentalis Pharmaceuticals, LLC
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