Global histone deacetylase inhibitors market is rising gradually with a healthy CAGR of 14.2% in the forecast period of 2020-2027. The report contains data of the base year 2019 and historic year 2018. Prevailing cases of neurological disorders and other chronic diseases creates avenues for this market growth. Few of the major competitors currently working in the global histone deacetylase inhibitors market are Midatech Pharma PLC, Crystal Genomics, CELGENE CORPORATION, Novartis AG, Shenzhen Chipscreen Biosciences Co., Ltd., Spectrum Pharmaceuticals, Inc., Merck & Co., Inc., Celleron Therapeutics, FORUM Pharmaceuticals Inc., Pfizer Inc., AstraZeneca, Eisai Co., Ltd., REGENACY PHARMACEUTICALS, LLC, Karyopharm Therapeutics, Aurobindo Pharma, Trovagene, Wellness Pharma International, Syndax, MEI Pharma Inc., Onxeo among others.
To uncover the general market conditions and tendencies, Histone Deacetylase Inhibitor market research report acts as a perfect source. This report helps in planning by providing precise and state-of-the-art information about the consumer’s demands, preferences, attitudes and their changing tastes about the specific product. The Histone Deacetylase Inhibitor market report is a window to the Healthcare Industry which explains what market definition, classifications, applications, engagements and market trends are. The numerical data of this report is mainly backed up by two statistical tools such as SWOT analysis and Porter's Five Forces Analysis. The Histone Deacetylase Inhibitor report plays key role in keeping hold of reputation of the firm and its products.
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Histone deacetylase inhibitors are chemotherapy agents that inhibit histone deacetylases. These agents cause apoptosis and cell death. Histone deacetylase inhibitors are newer class of anti-cancer drugs used for treatment of T-cell lymphoma and myeloma. The drugs show good effects for hematological malignancies and epigenetic or non-epigenetic regulations.
According to World Health Organization (WHO), approximately 9.6 million deaths are reported in 2018 by cancer which includes lung, prostate, stomach and liver cancer as the most common types of cancers. The histone deacetylase inhibitor drugs show good activity for treatment of these diseases with lesser side effects.
Segmentation: Global Histone Deacetylase Inhibitors Market
By Classification
Class I HDACs
Class II HDACs
Class III HDACs
Others
By Application
Oncology
Neurology
Others
By Drugs
Vorinostat
Romidepsin
Belinostat
Others
By Route of Administration
Oral
Injectable
Others
By End Users
Hospitals
Homecare
Specialty Clinics
Others
By Distribution Channels
Hospital Pharmacy
Online Pharmacy
Retail Pharmacy
Others
By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
Key Developments in the Market:
In October 2019, Midatech Pharma PLC received Orphan Drug designation from the U. S. FDA for MTX110, a non-selective histone deacetylase inhibitor used for treatment of patients with malignant glioma and diffuse intrinsic pontine glioma (DIPG). This designation will support the development of drug candidate and accelerate its approval
In August 2019, Crystal Genomics received the Orphan Drug designation from the U. S. FDA for CG-745, a histone deacetylase (HDAC) inhibitor drug candidate used for treatment of patients with pancreatic cancer. This designation will support the development of drug candidate and accelerate its approval
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Competitive Analysis:
Global histone deacetylase inhibitors market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of histone deacetylase inhibitors market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.