Global HER2 Inhibitors Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

1 Dec, 2021

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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 Size And Drivers:

The global her2 inhibitors market is expected to grow from $5.98 billion in 2020 to $6.40 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 likely to contribute to the growth of the HER-2 inhibitors market during the forecast period.

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Trends In The Global HER2 Inhibitors Market

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. For instance, in June 2020, Alphamab Oncology, a biotechnology company, collaborated with Sanofi, a pharmaceutical company, for investigating KN026 in combination with other drugs for the treatment of HER2 breast cancer. KN026 is a HER2 inhibitor developed by Alphamab Oncology.

Global HER2 Inhibitors Market Segments:
The global HER2 inhibitors market is further segmented –
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 global HER2 inhibitors market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Read More On The Report For The Global HER2 Inhibitors Market At:

https://www.thebusinessresearchcompany.com/report/her2-inhibitors-market-global-report-2020-30-covid-19-growth-and-change

HER2 Inhibitors Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides HER2 inhibitors market overviews, analyzes and forecasts market size and growth for the global HER2 inhibitors market, HER2 inhibitors market share, HER2 inhibitors market players, HER2 inhibitors market segments and geographies, HER2 inhibitors market’s leading competitors’ revenues, profiles and market shares. The HER2 inhibitors market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.