MEK Inhibitors Market to Create Opportunities in the Field of Oncology
- Development of MEK inhibitors can serve as a new therapy to treat various malignancies. MEK inhibitors is a small molecule that inhibits mitogen-activated extracellular signal-regulated kinase. MEK inhibitors decrease the growth of tumor in people with metastatic melanoma by hindering the activity of MEK and BRAF kinases.
- MEK inhibitors is a selective inhibitor of the MAPK pathways. It targets a non-ATP site of the Mitogen-activated protein kinases (MAP kinases). MAP kinases is a Serine/Threonine phosphorylating enzymes. MAP kinases is also known as Extracellular signal-regulated kinases (ERKs). Aberrant signaling through the MAPK pathway can cause cancer.
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Key Drivers and Restraints of Global MEK Inhibitors Market
- Continuous clinical trials and studies on MEK inhibitors as a new treatment option in the field of oncology is expected to propel the MEK inhibitors market during the forecast period. Due to promising results of MEK inhibitors in skin cancer, researchers are actively involved in R&D on MEK inhibitors to expand its application to other invasive cancer indications, such as colorectal cancer. MEK inhibitors is under phase 3 study for the treatment of patients suffering from the metastatic colorectal cancer.
- Rise in awareness about new treatment options and increase in incidences of melanoma across the globe are contributing to the growth of the global MEK inhibitors market. According to the American Institute for Cancer Research, in 2018, 300,000 new cases of skin cancer were reported.
- High target affinity and specificity is another factor, which is expected to propel the MEK inhibitors market during the forecast period. Furthermore, product approval is a major driver for the global MEK inhibitors market.
- In January 2019, ONO PHARMACEUTICAL CO., LTD. received manufacturing and marketing approval for MEKTOVI MEK inhibitors in Japan for the treatment of metastatic melanoma with BRAFV600 mutations
- Stringent regulations on new therapeutics development and adverse effects of MEK inhibitors, such as rash, diarrhea, peripheral edema, fatigue, and dermatitis acneiform are likely to restrict the global MEK inhibitors market in the next few years
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MEKINIST to Witness High Demand
- On the basis of product, the global MEK inhibitors market can be divided into MEKINIST, COTELLIC, and MEKTOVI. The global MEL inhibitors market is driven by demand of MEKINIST. Combination therapy offers potent anti-tumor effects. Combination therapy helps to inhibit the BRAF kinase activity and the MEK1/MEK2 activity simultaneously.
- Combination therapy has been approved for the treatment of adults suffering from metastatic melanoma with a BRAFv600 mutation
Retail Pharmacies Segment has Significant Growth Potential
- In terms of distribution channel, the global MEK inhibitors market can be divided into hospital pharmacies, retail pharmacies, and online pharmacies
- Growth of the retail pharmacies segment can be attributed to the increase in the number of retail pharmacies across the globe and easy availability of small molecule MEK inhibitors at these stores
- Moreover, availability of MEK inhibitors at specialty pharmacy stores in the U.S. and anticipated launch of new MEK inhibitors during the forecast period are likely to propel the growth of the retail pharmacies segment during the forecast period
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North America to Lead Global MEK Inhibitors Market
- In terms of region, the global MEK inhibitors market can be divided into: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- North America is leading the MEK inhibitors market due to factors such as increase in prevalence of NSCLC and melanomas and rise in sales of approved MEK inhibitors
- In May 2017, ONO PHARMACEUTICAL CO., LTD. and Array BioPharma Inc. signed a license agreement to develop and commercialize MEKTOVI in the U.S. and Canada
- Asia Pacific is likely to witness maximum demand for MEK inhibitors from 2019 to 2027. Major manufacturers of MEK inhibitors have been investing increasingly in China and India due to a large patient base.
- MEKTOVI application is submitted in The Swiss Medicines Agency (Swissmedic) and The Australian Therapeutics Goods Administration (TGA) for marketing authorization of MEKTOVI
- Survey of Ministry of Health, Labor and Welfare of Japan reported that around 4,000 patients are suffering from melanoma while about 700 deaths occur per year in Japan due to melanoma.
- Leading manufacturers of MEK inhibitors have extensive distribution networks, along with deep product penetration. The manufacturers of MEK inhibitors are actively participating in trade fairs and international conferences to promote their products and develop potential R&D collaborations and distribution partnerships.
Key Manufacturers Operating in Global Market
The global MEK inhibitors market was highly consolidated in 2018. Key manufacturers operating in the global market are:
- ONO PHARMACEUTICAL CO., LTD.
- AstraZeneca
- F. Hoffmann-La Roche Ltd
- Novartis AG
- Pfizer Inc.
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MEK inhibitors market provides details of market share, new developments and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions and technological innovations in the market.MEK inhibitors market is expected to gain market growth in the forecast period of 2020 to 2027.
Data Bridge Market Research analyses the market is growing at a healthy CAGR in the above-mentioned research forecast period.
Rising prevalence of the cancer worldwide, growing awareness and recently approval of the drug are the factors responsible for the growth of this market.Increasing number of patients suffering from melanoma drives the growth of MEK inhibitors market.
In addition, competitive scenario of market and strategic collaborations may boost the market position.
Furthermore, Granting special designation from the regulatory authority can also lead the growth of this market.
Mitogen-activated ERK kinase (MEK) inhibitors are the class of drugs that act by inhibiting the activity of MEK, which may results in inhibition of MEK-dependent cell signaling and the inhibition of tumor cell proliferation.
Continuous advancement on MEK inhibitors drugs will also boost up the MEK inhibitors market growth.
In addition, competitive scenario of market and strategic collaborations may boost the market position.
Furthermore, Granting special designation from the regulatory authority can also lead the growth of this market.
Mitogen-activated ERK kinase (MEK) inhibitors are the class of drugs that act by inhibiting the activity of MEK, which may results in inhibition of MEK-dependent cell signaling and the inhibition of tumor cell proliferation.
Data Bridge Market Research analyses the market is growing at a healthy CAGR in the above-mentioned research forecast period.
Rising prevalence of the cancer worldwide, growing awareness and recently approval of the drug are the factors responsible for the growth of this market.This MEK Inhibitors Marketresearch report intensely analyses the potential of the market with respect to current scenario and the future prospects by considering several industry aspects of Cardinal Health industry.
MEK Inhibitors Market to Create Opportunities in the Field of OncologyDevelopment of MEK inhibitors can serve as a new therapy to treat various malignancies.
MEK inhibitors is a small molecule that inhibits mitogen-activated extracellular signal-regulated kinase.
It targets a non-ATP site of the Mitogen-activated protein kinases (MAP kinases).
Aberrant signaling through the MAPK pathway can cause cancer.Get an Idea about the Offerings of Our MEK Inhibitors Market Report from this BrochureKey Drivers and Restraints of Global MEK Inhibitors MarketContinuous clinical trials and studies on MEK inhibitors as a new treatment option in the field of oncology is expected to propel the MEK inhibitors market during the forecast period.
Due to promising results of MEK inhibitors in skin cancer, researchers are actively involved in R on MEK inhibitors to expand its application to other invasive cancer indications, such as colorectal cancer.
According to the American Institute for Cancer Research, in 2018, 300,000 new cases of skin cancer were reported.High target affinity and specificity is another factor, which is expected to propel the MEK inhibitors market during the forecast period.
The Global Methyl Ethyl Ketone (MEK) Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on application and end-use.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Methyl Ethyl Ketone (MEK) Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 @ https://www.decisiondatabases.com/ip/1457-methyl-ethyl-ketone-mek-industry-market-reportThe report also covers the complete competitive landscape of the global Methyl Ethyl Ketone (MEK) market with company profiles of key players such as:ExxonMobilMaruzen PetrochemicalsShell ChemicalsArkema S.A.Sasol SolventsPetro ChinaMaruzen PetrochemicalsA detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By ApplicationSolventPrinting InksChemical IntermediateLube Oil DewaxingMagnetic TapesBy End-UsePaints & CoatingRubberArtificial RubberPackagingChemical & Pharmaceutical and AgriculturalBy Geography:North America (NA) – US, Canada, and MexicoEurope (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of EuropeAsia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APACLatin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin AmericaMiddle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South AfricaDownload Free Sample Report of Global Methyl Ethyl Ketone (MEK) Market @ https://www.decisiondatabases.com/contact/download-sample-1457The Global Methyl Ethyl Ketone (MEK) Market has been exhibited in detail in the following chapters –Chapter 1 Methyl Ethyl Ketone (MEK) Market PrefaceChapter 2 Executive SummaryChapter 3 Methyl Ethyl Ketone (MEK) Industry AnalysisChapter 4 Methyl Ethyl Ketone (MEK) Market Value Chain AnalysisChapter 5 Methyl Ethyl Ketone (MEK) Market Analysis By ApplicationChapter 6 Methyl Ethyl Ketone (MEK) Market Analysis By End-UseChapter 7 Methyl Ethyl Ketone (MEK) Market Analysis By GeographyChapter 8 Competitive Landscape Of Methyl Ethyl Ketone (MEK) CompaniesChapter 9 Company Profiles Of Methyl Ethyl Ketone (MEK) IndustryPurchase the complete Global Methyl Ethyl Ketone (MEK) Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-1457Other Reports by DecisionDatabases.com:Global Methyl Glucose Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027Global Methyl Methacrylate Adhesive Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Fatty Methyl Ester Sulfonate Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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Global Methyl Ethyl Ketone (MEK) Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 – DecisionDatabases.comThe comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on application and end-use.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.
Download Free Sample Report of Global Methyl Ethyl Ketone (MEK) Market @ https://www.decisiondatabases.com/contact/download-sample-1457The report also covers the complete competitive landscape of the global Methyl Ethyl Ketone (MEK) market with company profiles of key players such as:ExxonMobilMaruzen PetrochemicalsShell ChemicalsArkema S.A.Sasol SolventsPetro ChinaMaruzen PetrochemicalsA detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By ApplicationSolventPrinting InksChemical IntermediateLube Oil DewaxingMagnetic TapesBy End-UsePaints & CoatingRubberArtificial RubberPackagingChemical & Pharmaceutical and AgriculturalBy Geography:North America (NA) – US, Canada, and MexicoEurope (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of EuropeAsia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APACLatin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin AmericaMiddle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South AfricaBrowse the complete Global Methyl Ethyl Ketone (MEK) Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 @ https://www.decisiondatabases.com/ip/1457-methyl-ethyl-ketone-mek-industry-market-reportThe Global Methyl Ethyl Ketone (MEK) Market has been exhibited in detail in the following chapters –Chapter 1 Methyl Ethyl Ketone (MEK) Market PrefaceChapter 2 Executive SummaryChapter 3 Methyl Ethyl Ketone (MEK) Industry AnalysisChapter 4 Methyl Ethyl Ketone (MEK) Market Value Chain AnalysisChapter 5 Methyl Ethyl Ketone (MEK) Market Analysis By ApplicationChapter 6 Methyl Ethyl Ketone (MEK) Market Analysis By End-UseChapter 7 Methyl Ethyl Ketone (MEK) Market Analysis By GeographyChapter 8 Competitive Landscape Of Methyl Ethyl Ketone (MEK) CompaniesChapter 9 Company Profiles Of Methyl Ethyl Ketone (MEK) IndustryPurchase the complete Global Methyl Ethyl Ketone (MEK) Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-1457Other Reports by DecisionDatabases.com:Global Methyl Glucose Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027Global Methyl Methacrylate Adhesive Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Fatty Methyl Ester Sulfonate Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
