Proteinase Activated Receptor Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027
The global proteinase activated receptor market is anticipated to grow at a significant CAGR during the forecast period (2021-2027. Proteinase-activated receptors (PARs) are a subfamily of G protein-coupled receptors (GPCRs). These receptors have four members which include PAR1, PAR2, PAR3 and PAR4. These receptors play critical applications in hemostasis, thrombosis, embryonic development, wound healing, inflammation and cancer progression. The major factor driving the growth of the global proteinase activated receptor market is the rising prevalence of cancer across the globe.
According to the National Cancer
Institute (NCI), it was estimated that 1,806,590 new cases of cancer will be
diagnosed in the US with a mortality rate of 606,520 people in 2020. Additionally,
the most common cancers include breast cancer, lung and bronchus cancer, and
leukemia, among others. In men, prostate, lung, and colorectal cancers will
account for an estimated 43% of all cancers diagnosed while for women, the
three most common cancers include breast, lung, and colorectal which will
account for an estimated 50% of all new cancer diagnoses in women in 2020.
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Furthermore, there were 18.1
million new cases and 9.5 million cancer-related mortalities globally in 2018
which is anticipated to rise to 29.5 million and the number of cancer-related
mortalities to 16.4 million by 2040. Hence, the rising prevalence of cancer is
increasing the demand for proteinase activated receptors to treat cancer progression
which in turn is driving the growth of the market. Some major players in the
market include Merck & Co., Inc., and Heptares Therapeutics Ltd., among
others.
Market Coverage
·
The market number available for – 2020-2027
·
Base year- 2020
·
Forecast period- 2021-2027
Segment Covered-
·
By Type
·
By Application
Regions Covered-
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North America
·
Europe
·
Asia-Pacific
·
Rest of the World
Competitive Landscape- Merck & Co., Inc., and
Heptares Therapeutics Ltd., among others.
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Global Proteinase Activated Receptor Market Report by Segment
By Type
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PAR1
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PAR2
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PAR3
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PAR4
By Application
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Hemostasis
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Hrombosis
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Embryonic Development
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Wound Healing
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Inflammation
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Cancer
Global Proteinase Activated Receptor Market Report by Region
North America
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United States
·
Canada
Europe
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UK
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Germany
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Spain
·
France
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Italy
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Rest of Europe
Asia-Pacific
·
India
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China
·
Japan
·
South Korea
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Rest of APAC
Rest of the World
·
Latin America
·
Middle East & Africa
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