The global ephrin type B receptor market is anticipated to grow at a significant CAGR during the forecast period (2024-2031). Eph receptors are a group of receptors that activates in response to binding with Eph receptor-interacting proteins (Ephrins). These receptors belong to the largest known subfamily of receptor tyrosine kinases (RTKs). The major factor contributing to the growth of the market is the increasing prevalence of cancer across the globe. According to the National Cancer Institute (NCI), it was estimated that 1,806,590 new cases of cancer will be diagnosed in the US with a mortality rate of 606,520 people in 2020. In men, prostate, lung, and colorectal cancers will account for an estimated 43% of all cancers diagnosed while for women, the three most common cancers include breast, lung, and colorectal which will account for an estimated 50% of all new cancer diagnoses in women in 2020.
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Furthermore, there were 18.1 million new cases and 9.5 million cancer-related mortalities globally in 2018 which is anticipated to rise to 29.5 million and the number of cancer-related mortalities to 16.4 million by 2040. Hence, the rising prevalence of the disease is driving the demand for ephrin type B receptor for the treatment which in turn is driving the growth of the market. Cutaneous squamous cell carcinoma (CSCC) is the most commong type of metastatic skin cancer. The activation of ephrin type B receptor 2 signaling can promote the metastasis, invasion, and angiogenesis of CSCC cells. Hence, ephrin type B receptor 2 may act as a therapeutic target for CSCC. Some major players operating in the market include Eisai Co., Ltd., Kadmon Corp., and VasGene Therapeutics Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market.
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Market Coverage
- Segment Covered-
o By Type
o By Application
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Eisai Co Ltd., Kadmon Corp., and VasGene Therapeutics Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Ephrin Type B Receptor Market Report by Segment
By Type
- VDAU-11
- Vas-01
- Tesevatinib Tosylate
- Others
By Application
- Solid Tumor
- Bile Duct Cancer
- Colorectal Cancer
- Melanoma
- Others
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