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Increasing prevalence of cancer is supporting the growth of the global recombinant human endostatin market

 


North America is expected to lead the global recombinant human endostatin market and this is attributed to the high prevalence of cancer in the region which is creating demand for such therapy. According to a report by the Centers for Disease Control and Prevention (CDC), around 1,633,390 new cancer cases were reported in the U.S. in 2015 and the number is expected to reach 1,735,350 in 2018. Also, an increasing number of clinical trials is again expected to foster the growth of the market.

Key players operating in the global recombinant human endostatin market include Pfizer Inc., Novus Biologicals, Biocon, Thermo Fisher Scientific, Yantai Medgenn Ltd., FUJIFILM KYOWA KIRIN BIOLOGICS Co., Ltd., PeproTech, Inc., Onyx Pharmaceuticals, Inc., Genexine, Inc., Hetero., Intas Pharmaceuticals Ltd., and Novartis AG.

A growing number of research & development activities to recognize potential applications of recombinant human endostatin is expected to foster the growth of the recombinant human endostatin market. Increasing demand for cancer treatment and ongoing studies to identify potential collagen are again fostering the growth of the market. According to the World Health Organization (WHO), around 18.1 million new cases of cancer were recorded in 2018, with 9.6 million deaths due to the disease. Also, the rise in the geriatric population around the globe coupled with the expanding pharmaceutical & biotechnology companies using recombinant human endostatin is further projected to foster the growth of the market.

Moreover, increasing investment in the research &development activities based on the use of recombinant technology is further anticipated to augment the growth of the market.

In January 2017, the PLA General Hospital in China has undertaken a clinical phase II study for recombinant human endostatin combination with radiotherapy for the treatment of Hepatocellular Carcinoma (HCC). The study was estimated to complete in December 2019.

A clinical trial is a rigorous medical procedure intended to test an important new medical product or procedure. The goal of such a trial is to provide evidence for or against the effectiveness, safety, and effectiveness of medical treatment. Clinical trials are conducted by healthcare companies to test drugs, medical devices, and other health products. Sometimes, healthcare companies conduct both clinical trials and consumer-based tests to determine whether a new product's benefits are worth the cost of introducing it into the marketplace. For Recombinant Human Endostatin, a biotechnology company called Generex has conducted an important clinical trial.

 

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