Thymidine Phosphorylase Inhibitors Market Will Register a CAGR of 7.73% Between 2023 - 2031, Says Growth Plus Reports

Newark, New Castle, USA, May 02, 2023 (GLOBE NEWSWIRE) -- A new report from Growth Plus Reports has analyzed the manufacturing, applications, demand, competition, and SWOT analysis of the global Thymidine Phosphorylase Inhibitors Market.

The thymidine phosphorylase inhibitors market report helps to determine the best distribution channels and potential markets for launching new products. You can get insights into the TOC, Tables, and Charts in the report which provides valuable data, important statistics, trends, and detailed competitive landscape information in this market.

Key Takeaways:

• The increasing prevalence of cancer will drive market revenue growth.
• Increasing demand for targeted therapies will drive demand for thymidine phosphorylase inhibitors.
• North America dominates the global thymidine phosphorylase inhibitors market. 

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Thymidine Phosphorylase Inhibitors Market Scope

Market Drivers

The increasing prevalence of cancer will drive the revenue growth of thymidine phosphorylase inhibitors market. Furthermore, increased demand for effective cancer therapies such as thymidine phosphorylase inhibitors, aging populations, lifestyle changes, and risk factors such as smoking and pollution will boost the market's revenue growth rate. Apart from this, the growing demand for personalized cancer medicines, increased investment in thymidine phosphorylase inhibitor research and development, and advances in technology are expected to support the market's revenue growth.

Market Segmentation
Growth Plus Reports has analyzed global thymidine phosphorylase inhibitors market from four perspectives: Application, Distribution Channel, and Region.

Application Segmentation: Based on the application, the thymidine phosphorylase inhibitors market is segmented into metastatic colorectal cancer, gastric cancer, esophageal cancer, and others. The metastatic colorectal cancer segment dominates the market because it is the third most commonly diagnosed cancer worldwide and drives demand for effective treatments like thymidine phosphorylase inhibitors.

Distribution Channel Segmentation: Based on the distribution channel, the thymidine phosphorylase inhibitors market is segmented into retail pharmacies, hospital pharmacies, and online pharmacies. The hospital pharmacies dominates the market because hospital pharmacies are equipped with all the necessary drugs and products that are usually not available at other channels.

Regional Growth Dynamics
Based on the region, the global thymidine phosphorylase inhibitors market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

North America dominates the thymidine phosphorylase inhibitors market with the largest revenue share. Cancer's high prevalence, the increasing use of thymidine phosphorylase inhibitors, technological advances, the development of novel thymidine phosphorylase inhibitors, well-established regulatory framework for drug approval and a strong intellectual property system, and the growing demand for personalized medicine are the factors that are responsible for North America's significant revenue share in the global market.  

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Competitive Landscape
The major players operating in the global thymidine phosphorylase inhibitors market are:

• Taiho Oncology, Inc. (Taiho Pharmaceutical Co., Ltd.)
• Les Laboratoires Servier
• Chia Tai Tianqing Pharmaceutical Group Co., Ltd.
• Elevar Therapeutics 

The thymidine phosphorylase inhibitors devices market is moderately competitive. Major players in the market emphasize on technological advances, research and development activities, and mergers and acquisitions to strengthen their market presence.

Recent developments:

• Taiho Oncology, Inc. and Taiho Pharmaceutical Co., Ltd. disclosed in September 2022 that the investigational combination of trifluridine/tipiracil plus bevacizumab has improved the endpoint of survival (OS) in a Phase III clinical trial on patients with refractory metastatic colorectal cancer (mCRC) after two chemotherapy regimens.

Table of Content

1. INTRODUCTION
   1. Market Ecosystem
   2. Timeline Under Consideration
      1. Historical Years – 2021
      2. Base Year – 2022
      3. Forecast Years – 2023 to 2031
   3. Currency Used in the Report
2. RESEARCH METHODOLOGY 
   1. Research Approach
   2. Data Collection Methodology
   3. Data Sources 
      1. Secondary Sources
      2. Primary Sources
   4. Market Estimation Approach
      1. Bottom Up
      2. Top Down 
   5. Market Forecasting Model
   6. Limitations and Assumptions
3. PREMIUM INSIGHTS
   1. Current Market Trends (COVID-19 Perspective)
   2. Key Players & Competitive Positioning (2022) 
   3. Regulatory Landscape
   4. Reimbursement Scenario
4. MARKET DYNAMICS
   1. Drivers
   2. Restraints/Challenges
   3. Opportunities
5. GLOBAL THYMIDINE PHOSPHORYLASE INHIBITORS MARKET - ANALYSIS & FORECAST, BY APPLICATION
   1. Metastatic Colorectal Cancer
   2. Gastric Cancer
   3. Esophageal Cancer
   4. Others
6. GLOBAL THYMIDINE PHOSPHORYLASE INHIBITORS MARKET - ANALYSIS & FORECAST, BY DISTRIBUTION CHANNEL
   1. Retail Pharmacies
   2. Hospital Pharmacies
   3. Online Pharmacies

THYMIDINE PHOSPHORYLASE INHIBITORS MARKET TOC

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• Deep-rooted insights on market dynamics (drivers, restraints, opportunities) and business environment
• Blanket coverage on competitive landscape
• Winning imperatives
• Exhaustive coverage on 'Strategic Developments' registered by leading players of the market

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