Thymopentin Market 2023 Driving Factors Forecast Research 2029

Thymopentin market is expected to rise at a considerable CAGR during the forecast period. The active site of the naturally occurring hormone, thymopoietin, is a synthetic pentapeptide having immunomodulatory capabilities, according to the National Cancer Institute (NCI). It aids in the restoration of immunocompetence in immunocompromised patients by stimulating the generation of thymic T cells. This substance additionally boosts the effects of ionizing radiation by preventing cancer cells from entering the G2/M phase of the cell cycle. The rise in the prevalence of HIV and hepatocellular carcinoma, additionally extensive use in HIV clinical trials, are two major factors driving the market’s expansion. According to the World Health Organization (WHO), 37.7 million people globally were living with HIV at the end of 2020, with 25.4 million in the WHO African Region. Furthermore, 680,000 individuals will die from HIV-related causes in 2020, while 1.5 million will contract the virus. Furthermore, increasing the chemical space available for drug discovery research is expected to offer lucrative growth opportunities to the market during the forecast period.

Covid-19 has already produced a great impact on the global healthcare market. Rising in the demand for downstream and single-use products from producers of Covid-19 therapies and vaccines drive the growth of many pharmaceutical companies. The necessity to make vaccines, drugs, and diagnostics that help bring the Covid-19 under control has provoked an unmatched surge in manufacturing and R&D activities. Covid-19 has had an influence on the prefilled syringes industry, with the pandemic’s impact on drug manufacturing and supply chain projected to have a short-term impact on the market. In addition, HCPs have adapted to new ways of delivering care using telemedicine to lessen face-to-face interaction and adopting new means of virtual healthcare and digital technology is critical to allowing HCPs to keep their regular visits. Additionally, the usage of applications can aid in the self-management of chronic illnesses, such as diabetes. Similarly, during this COVID-19 epidemic, community pharmacists’ contributions to managing chronic diseases and promoting drug adherence will be critical in alleviating the demand on already overburdened health services. Many companies have benefited by developing vaccines as their market share has grown up speedily.

 

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Thymopentin Market Segmentation

By Type

  • Freeze Dry Powder
  • Pre-Filled Injection

 By Application

  • Tumours
  • Hepatitis
  • Others

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Regional Analysis

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC

Rest of the World

Company Profiles

  • Active Peptide Company
  • Bachem AG
  • Beijing SL Pharmaceutical
  • Graton Pharma
  • Hainan Shuangcheng Pharmaceuticals
  • Jiangsu Kingsley Pharmaceutical
  • Shanghai HuayuanPharmacy
  • Santa Cruz Biotechnology
  • Sinopharm A-Think Pharmaceutical
  • Wuhan Hualong Bio-pharmaceutical
  • Yangtze River Pharmaceutical Group

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