Thymopentin Market Size | COVID-19 Impact Analysis | Forecast to 2027
The global thymopentin market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). According to the National Cancer Institute (NCI), thymopoietin is a synthetic pentapeptide with immunomodulatory properties and is the active site of the naturally occurring hormone. It stimulates the production of thymic T cells while aiding in the restoration of immunocompetence in immunocompromised individuals. This agent also enhances the effects of ionising radiation by stopping cancer cells in the G2/M phase of the cell cycle.
The major factor contributing
to the growth of the market is the rise in the prevalence of HIV as well as
hepatocellular carcinoma along with extensive usage in clinical trials against
HIV. According to the World Health Organization (WHO), an estimated 37.7
million people were living with HIV at the end of 2020, over two-thirds of whom
25.4 million are in the WHO African Region. Further, in 2020, 680,000 people
died from HIV-related causes and 1.5 million people acquired HIV.
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Some major players in the market include Merck
KGaA, and China National Pharmaceutical Group Co., Ltd. (Sinopharm),
among others. The market is also propelled by the rising demand for effective
treatment as well as the increasing government support. Additionally, the
increasing research and development along with rising healthcare expenditure
will create growth opportunities for the market. However, side effects
associated with thymopentin and the presence of alternative therapies may
hamper the global thymopentin market.
Market Coverage
• The
market number available for – 2020-2027
• Base
year- 2020
• Forecast
period- 2021-2027
• Segment
Covered-
·
By Type
·
By Application
• Regions
Covered-
·
North America
·
Europe
·
Asia-Pacific
·
Rest of the World
• Competitive
Landscape-Merck KGaA, andChina National Pharmaceutical Group Co., Ltd.
(Sinopharm), among others.
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full Report of Thymopentin Market is Available at: https://www.omrglobal.com/industry-reports/thymopentin-market
Global Thymopentin Market Report by Segment
By Type
• Freeze
Dry Powder
• Pre-Filled
Injection
By Application
• Tumors
• Hepatitis
• Others
Global Thymopentin Market Report Segment 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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