Global HER2 Inhibitors Market Overview And Prospects
Learn about the global HER2 inhibitors market through The Business Research Company, which provides information on HER2 inhibitors market size, HER2 inhibitors market drivers and restraints, HER2 inhibitors market players, the COVID-19 impact on the HER2 inhibitors market, and more.
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The global HER2 inhibitors market is expected to grow from $5.98 billion in 2020 to $6.4 billion in 2021 at a compound annual growth rate (CAGR) of 7%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The HER2 inhibitors market is expected to reach $9.31 billion in 2025 at a CAGR of 10%.
The rise in the number of breast cancer cases across the globe is expected to drive innovation in HER2 inhibitors manufacturing, thus driving the market during the forecast period.
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The HER2 inhibitors market consists of sales of HER2 inhibitors and related services by entities (organizations, sole traders, and partnerships) that manufacture HER2 inhibitors. Human epidermal growth factor receptor (HER2) inhibitors slow down or stop cell growth thus reducing the risk for cancer growth.
Global HER2 inhibitors market segments include:
By Treatment: Monotherapy, Combination Therapy
By Application: Squamous Cell Carcinoma, Adenocarcinoma, Large Cell Carcinoma, Breast Cancer, Others
By End User: Hospitals, Clinics, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Biotechnology companies are focusing on acquiring or partnering with biopharmaceutical companies to develop and promote the HER-2 inhibitors market. There have been several partnerships in recent years which help these companies to increase their HER-2 inhibitors portfolio, enhance their revenues and share the costs.
TBRC’s HER2 inhibitors market report covers:
Major Market Players: F. Hoffmann-La Roche Ltd., Merck & Co. Inc., Novartis AG, Pfizer Inc., Puma Biotechnology Inc., Boehringer-Ingelheim, Mylan, Biocon.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The HER2 Inhibitors Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides HER2 inhibitors market overviews, analyzes and forecasts market size, share, HER2 inhibitors market players, HER2 inhibitors market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s HER2 inhibitors market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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