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Rise in COVID-19 PatientsIntensifying the Demand for DNA Damage Response Drugs

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The growth of the DNA Damage Response Drug (DDR) market is accelerating at a significant rate owing to rise in research and development (R&D) activities concerning drugs discovery by companies via various collaboration, alliance, and partnership. Besides, intensification in the adoption and demand for next gen technologies and upsurge in government funding toward transformation of healthcare infrastructure in the emerging countries such as India are projected to fuel the market growth of the Global DNA Repair Drugs market.
Moreover, the drastic lifestyle changes, spur in the use of alcohol, unhealthy diet, and physical inactivity of the people are pushing toward the early development of various noncommunicable diseases such as cancer which is expected to lead to lucrative opportunities for the market growth of DNA DDR market in the forecast period.

According to MarkNtel Advisors’ research report titled “Global DNA Damage Response Drug Market Analysis, 2020”, the market size of Global DNA Damage Response Drugs market is anticipated to grow at a healthy CAGR during 2020-25. Based on Application, Oncological segment acquired the majority market share in the Global DNA Damage Response Drug market in 2019. Cancer is the second leading cause of death with people suffering for cancer and death rate is burgeoning day by day.According to the WHO, in 2018, 9.6 million deaths occurred. Along with this, 18.1 million new cases of cancer were recorded globally with people suffering from lung and breast cancer.
Moreover,elevated levels of DNA damage and loss of one or more DDR pathways associated with the cancer therapy such as chemotherapy and radiotherapy, thus enforcing companies to introduce new drugs in the market for the repair of DNA damage in therapy. Therefore, this is anticipated to stimulate the market growth of the DNA Damage Response Drug Market in the forthcoming period.

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North America Exhibited the Highest Share in the DNA Damage Response Drug market
North America attained the largest market share in the DNA Damage Response Drug market in 2019. USA is expected to dominate in the North America DNA Damage Response Drug market on account of growing number of cancer patient deaths in the country. According to the American Cancer Society, in 2020, 1.8 million new cancer cases diagnosed are estimated with 606,520 cancer deaths.
Moreover, the predominance of market players along with development and introduction of new drug product sowing to early adoption of technologically advanced products is expected to boost demand and the market of DNA damage response drug in the coming years as stated in the MarkNtel Advisors’ research report “Global DNA Damage Response Drug Market Analysis, 2020”.

According to MarkNtel Advisors, the key players with a considerable market share in the Global DNA Damage Response Drug market include Bristol Myers Squibb, Genentech, British Columbia Cancer Agency, National Health Service, 4SC AG, ARCAGY/GINECO Group, Cambridge University Hospitals NHS Foundation Trust, Georgetown University, KuDOS Pharmaceuticals, National Institutes of Health, etc.

“Global DNA Damage Response Drug Market Analysis, 2020” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and growth opportunities available for DNA Damage Response Drug providers across the globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor’s capabilities on 16 parameters. This will help companies in the formulation of Go-to-Market Strategies and identifying the blue ocean for its offerings.

Market Segmentation:
1. By Application (Oncological, Stroke),
2. By Type (PAR Inhibitors and others),
3. By Region (North America, South America, Europe, Asia-Pacific, Middle East & Africa),
4. By Country (US, Canada, Mexico, Brazil, Argentina, Germany, France, UK, Spain, Italy, China, Japan, South Korea, India, Australia, Saudi Arabia, UAE)
5. By Company (Bristol Myers Squibb, Genentech, British Columbia Cancer Agency, National Health Service, 4SC AG, ARCAGY/GINECO Group, Cambridge University Hospitals NHS Foundation Trust, Georgetown University, KuDOS Pharmaceuticals, National Institutes of Health)

Key questions answered in the study
1. What are the current and future trends of the DNA Damage Response Drug industry?
2. How the industry has been evolving in terms of end-user demand and application areas?
3. How the competition has been shaping across the countries followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the DNA Damage Response Drug industry?
5. What are the customers orientation, purchase behavior, and expectations from the DNA Damage Response Drug firms across various regions?

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