Increasing incidence of cancer disease has led to the growth of oncology apoptosis modulators market. Continuous research and development activities undertaken by companies is also driving this market towards growth.
The Oncology Apoptosis Modulators Market was valued at US$ 3.9 billion in 2022, and it is expected to grow at a promising CAGR of 11.1% to reach a market size of US$ 8.4 billion between 2022 and 2032.
Apoptosis is a genetically regulated process in which defective and damaged cells are destroyed by their own cells. If a multicellular organism's cells are no longer required, they commit suicide by triggering an intracellular death programme. It is a natural event that occurs as a result of a complicated signalling cascade that is closely regulated.
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IAP protein family members are typically overexpressed in cancer, contributing to tumour cell survival, chemo-resistance, disease progression, and poor prognosis. Apoptosis is a highly regulated process since it cannot be stopped once it has begun.
Advent of Telehealth and Virtual Care to Create Tailwind for the Oncology Apoptosis Modulators Market Growth
Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.
During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.
Since the outbreak, telehealth has gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Oncology Apoptosis Modulators market.
Key Oncology Apoptosis Modulators Market Takeaways and Projections
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Competitive Landscape Analysis
The latest study conducted by FMI provides in-depth insights into the global Oncology Apoptosis Modulators market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Oncology Apoptosis Modulators market.
Key Players
Some of the major companies contributing to global Oncology Apoptosis Modulators market are Chroma Therapeutics Ltd, Cancer Research Technology among others
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Oncology Apoptosis Modulators Market: Segmentation
Oncology Apoptosis Modulators market is segmented based on treatment type and geography.
Based on treatment type, Oncology Apoptosis Modulators market is segmented as follows:
Region
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May 18, 2023