Protein kinase are critical regulators of diverse cellular functions and are widely known for their high affinity towards targets in a variety of pathological conditions. The pharmacology of kinase inhibitors have tremendously developed over the past two decades, facilitating most of the inhibitors to be available orally.
TTK is a dual specificity kinase, which has the ability to phosphorylate both tyrosine as well as serine/threonine residues. This gene is associated with cell proliferation, and is essential for chromosome orientation at the centromere during mitosis and is required for centrosome duplication. It is found to be a critical mitotic checkpoint protein for accurate segregation of chromosomes during mitosis. They have high utility as a therapeutic target in various application areas such as breast cancer, metastatic breast cancer, solid tumor, colorectal cancer, prostate cancer, pancreatic ductal adenocarcinoma, and others.
Dual Specificity Protein Kinase TTK Market – Dynamics
Increasing prevalence of various types of cancers such as breast cancer, metastatic breast cancer, solid tumor, colorectal cancer, prostate cancer, pancreatic ductal adenocarcinoma, and others is expected to contribute to significant growth of the dual specificity protein kinase TTK market. For instance, according to the Cancer Research UK, it is projected that around 17 million new cases of cancer will be registered across the globe in 2018. Moreover, as per the U.S. National Library of Medicine and National Institutes of Health, pancreatic ductal adenocarcinoma is one of the most lethal cancers worldwide with the highest incidence rates found in North America and in Western Europe while lower rates in Asian Africa, with the incidence rates of 7.2 and 2.8 per 100,000 populations, respectively in 2017.
Increasing number of pipeline molecules of dual specificity protein kinase TTK as a targeted therapy for various types of cancer is expected to propel growth of the dual specificity protein kinase TTK market. The pipeline dual specificity protein kinase TTK constitutes around 10-12 molecules, out of which around 7 molecules are developed by companies and others by the universities/institutes. For instance, in 2017, Bayer AG completed phase I trial studies for its pipeline molecule Empesertib (BAY 1161909) in solid tumors in the U.S. Furthermore, increasing investment by pharmaceutical companies has influenced growth of the market.
Dual Specificity Protein Kinase TTK Market – Regional Insights
On the basis of region, the global dual specificity protein kinase TTK market is segmented into North America, Europe, Latin America, Asia Pacific, Middle East, and Africa. North America held dominant position in the global dual specificity protein kinase TTK market in 2017. This is owing to increasing research and development activities in oncology segment in the region. Moreover, rising incidence of various types of cancers is expected to propel growth of the market in this region. For instance, according to American Cancer Society, in 2017, around 13% of all the cancers diagnosed in adults aged 20 and above are rare cancers with the incidence of around 6 cases per 100,000 people per year.
Moreover, Asia pacific is expected to witness significant growth in the dual specificity protein kinase TTK market over the forecast period, owing to increasing R&D activities for cancer-based targeted therapies and government initiatives for cancer awareness in the region. For instance, in Australia, a non-profit organization called Rare Cancers Australia (RCA) is committed to improve the lives of patients with rare and less common cancers by promoting the significance of early diagnosis and increasing treatment options for the Australian population.
Dual Specificity Protein Kinase TTK Market – Competitive Landscape
Major players operating in the dual specificity protein kinase TTK market include Bayer AG, Boston Pharmaceuticals, Les Laboratoires Servier SAS, Nerviano Medical Sciences Srl, Netherlands Translational Research Center BV, and Pfizer Inc. Key players are focused on adopting market strategies such as new product developments and clinical trial approvals, in order to retain dominant position in the market. For instance, in September 2015, Servier and Nerviano Medical Sciences started their first in human clinical trial of the drug S 81694 (NMS-P153). This drug is an inhibitor of the mitotic checkpoint kinase MPS1.
Dual Specificity Protein Kinase TTK Market – Taxonomy
On the basis of product type, the global dual specificity protein kinase TTK market is segmented into:
On the basis of therapy area, the global dual specificity protein kinase TTK market is segmented into:
On the basis of end user, the global dual specificity protein kinase TTK market is segmented into:
On the basis of geography, the global dual specificity protein kinase TTK market is segmented into:
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
Coherent Market Insights desk research is based on a principle set of research techniques:
Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:
Preliminary Data Mining
The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.
Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.
Coherent Statistical model
We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:
Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.
This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:
The primary research is conducted with the ecosystem players including, but not limited to:
Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.[email protected]
Talk to our research consultant to design an exclusive report as per your research needs.
We aim to fulfil client's research demands with tailored research solutions.
We aim to provide research studies in quickest turnaround time and in a much cost effective manner.
We cover each industry from supply and demand side with an aim to provide a most holistic research study.
We strive to provide most accurate and reliable research findings in our research reports.