The global thymopentin market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). According to the National Cancer Institute (NCI), thymopoietin is a synthetic pentapeptide with immunomodulatory properties and is the active site of the naturally occurring hormone. It stimulates the production of thymic T cells while aiding in the restoration of immunocompetence in immunocompromised individuals. This agent also enhances the effects of ionising radiation by stopping cancer cells in the G2/M phase of the cell cycle.
The major factor contributing to the growth of the market is the rise in the prevalence of HIV as well as hepatocellular carcinoma along with extensive usage in clinical trials against HIV. According to the World Health Organization (WHO), an estimated 37.7 million people were living with HIV at the end of 2020, over two-thirds of whom 25.4 million are in the WHO African Region. Further, in 2020, 680,000 people died from HIV-related causes and 1.5 million people acquired HIV.
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Some major players in the market include Merck KGaA, and China National Pharmaceutical Group Co., Ltd. (Sinopharm), among others. The market is also propelled by the rising demand for effective treatment as well as the increasing government support. Additionally, the increasing research and development along with rising healthcare expenditure will create growth opportunities for the market. However, side effects associated with thymopentin and the presence of alternative therapies may hamper the global thymopentin market.
Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
· By Type
· By Application
• Regions Covered-
· North America
· Europe
· Asia-Pacific
· Rest of the World
• Competitive Landscape-Merck KGaA, andChina National Pharmaceutical Group Co., Ltd. (Sinopharm), among others.
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Global Thymopentin Market Report by Segment
By Type
• Freeze Dry Powder
• Pre-Filled Injection
By Application
• Tumors
• Hepatitis
• Others
Global Thymopentin Market Report Segment by Region
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
· Latin America
· Middle East & Africa
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