Medical Enzyme Technology Market is expected to reach US$ 6,700.00 million by 2028

by Sameer Joshi or 21-Jun-2021
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Report : Medical Enzyme Technology Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Enzyme Type (Digestive Enzymes, Thrombolytic Enzymes, Hydrolases, and Endonucleases); Application (Disease Treatment, Diagnostic Tools, Biomedical Research, and Others), and Geography

Disease Treatment Segment tGain Traction in Medical Enzyme Technology Market During 2021–2028

According tour new research study on “Medical Enzyme Technology Market Forecast t2028 – COVID-19 Impact and Analysis – by Enzyme Type and Application,” the market is expected treach US$ 6,700.00 million by 2028 from US$ 4,012.57 million in 2020; it is estimated tgrow at a CAGR of 6.7% from 2021 t2028. The report highlights trends prevailing in the market, and drivers and hindrances pertaining tthe market growth.
Digestive enzymes are used in the treatment of a wide range of diseases such as cystic fibrosis, chronic pancreatitis, celiac disease, Crohn's disease, metabolic diseases, cancer, and Shwachman-Diamond syndrome. Oral digestive enzymes are prescribed in medical conditions wherein pancreas are not capable of producing sufficient digestive enzymes. For example, blood coagulation factors are used ttreat bleeder's disease, by addressing the issue of enzyme deficiencies in patients. Enzymes are used tin the production of pharmaceuticals, including those that are uncommon and costly. Every year, ~367,000 new cancer cases are diagnosed in the UK. In 2020, ~225,800 Canadians were diagnosed with cancer. Such high incidence of cancer will support the growth of the market during the forecast period.
Merck; ThermFisher Scientific Inc.; Novozymes; TAKEDA PHARMACEUTICAL COMPANY LIMITED; Agilent Technologies; Inc.; Danaher (Cytiva); Sanofi; Asahi Kasei Corporation; Promega Corporation; AmanEnzyme Inc; and Genzyme Corporation are among the leading companies in the medical enzyme technology market. 
The report segments global medical enzyme technology market as follows:
By Enzyme Type 
  • Digestive Enzyme
    • L-asparaginase
    • Lactase
    • Others 
  • Thrombolytic Enzyme
    • Streptokinase
    • Urokinase
    • Others
  • Hydrolases Enzyme
    • Hyaluronidase
    • Lysozymes
    • Others
  • Endonucleases Enzyme
    • Benzonase
    • Others
By Application
  • Disease Treatments
  • Diagnostic Tools
  • Biomedical Research
  • Others
By Geography
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of APAC
  • Middle East and Africa (MEA)
    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of MEA
  • South and Central America (SCAM)
    • Brazil
    • Argentina
    • Rest of SCAM
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