Bruton tyrosine kinase (BTK) inhibitors market was valued at USD 9.07 billion in 2021 and is expected to reach USD 16.79 billion by 2029, registering a CAGR of 8.00% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
In recent years, the Bruton tyrosine kinase (BTK) inhibitors market is anticipated to grow rapidly during the forecast period. The B-cell receptor (BCR) signalling pathway includes Bruton's tyrosine kinase (BTK). In different B-cell lymphomas, including chronic lymphocytic leukemia (CLL), Bruton's tyrosine kinase is an essential protein that regulates cell proliferation (growth) and cell survival. As a result, the rationale for employing BTK inhibitors in cancer is to stop this signaling and cause cancer cell death. Hence, rising prevalence of cancer is estimated to increase the demand for Bruton tyrosine kinase (BTK) inhibitors in healthcare sector.
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Market Analysis and Insights: Global Bruton Tyrosine Kinase (BTK) Inhibitors Market:
Non-receptor tyrosine kinase inhibitors, such as Bruton tyrosine kinase (BTK) inhibitors, are used to treat B cell diseases, leukaemia, lymphoma, and other cancers. Targeting B-cell receptors affects B-cell signaling, proliferation, and growth. Inhibitors of the Bruton tyrosine kinase (BTK) have shown to be effective in the treatment of haematological malignancies as well as graft versus host disease (GVDH). These inhibitors play a key role in BCR signaling and FcR signaling in myeloid cells.
The rising prevalence of chronic diseases such as cancer, diabetes and others is anticipated to propel the Bruton tyrosine kinase (BTK) inhibitors market's growth.
Another significant factor influencing the growth rate of Bruton tyrosine kinase (BTK) inhibitors market is the rising healthcare expenditure which helps in improving its infrastructure.
Furthermore, rising initiatives by public and private organizations to spread awareness will expand the Bruton tyrosine kinase (BTK) inhibitors market. Additionally, high disposable income and changing lifestyle of people will result in the expansion of Bruton tyrosine kinase (BTK) inhibitors market. Along with this, rising geriatric population and favourable reimbursement policies will enhance the market's growth rate.
COVID-19 Impact on Bruton Tyrosine Kinase (BTK) Inhibitors Market
Since its emergence in December 2019, the COVID-19 virus has spread to nearly every country on the planet, prompting the World Health Organization (WHO) to declare it a public health emergency. This can be ascribed to severe disruptions in their respective manufacturing and supply-chain operations, resulting from multiple precautionary lockdowns and other limitations imposed by governments all over the world. The Bruton tyrosine kinase (BTK) inhibitors market is no exception. Furthermore, consumer preferences has decreased as people are now much more concentrated on removing non-essential expenses from their budgets as the wider economic situation of most people has been adversely impacted by this outbreak. Over the forecast period, the aforementioned factors are likely to have a negative impact on the Bruton tyrosine kinase (BTK) inhibitors market's revenue trajectory.
Table of Contents: Global Bruton Tyrosine Kinase (BTK) Inhibitors Market
1 Introduction
2 Market Segmentation
3 Executive Summary
4 Premium Insight
5 Market Overview
6 Covid-19 Impact on Bruton Tyrosine Kinase (BTK) Inhibitors in Healthcare Industry
7 Global Bruton Tyrosine Kinase (BTK) Inhibitors Market, by Product Type
8 Global Bruton Tyrosine Kinase (BTK) Inhibitors Market, by Modality
9 Global Bruton Tyrosine Kinase (BTK) Inhibitors Market, by Type
10 Global Bruton Tyrosine Kinase (BTK) Inhibitors Market, by Mode
11 Global Bruton Tyrosine Kinase (BTK) Inhibitors Market, by End User
12 Global Bruton Tyrosine Kinase (BTK) Inhibitors Market, by Geography
13 Global Bruton Tyrosine Kinase (BTK) Inhibitors Market, Company Landscape
14 Swot Analysis
15 Company Profiles
16 Questionnaire
17 Related Reports
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