SEATTLE, May 17, 2022 (GLOBE NEWSWIRE) -- According to Coherent Market Insights, the global is estimated to be valued at US$ 6,704.5 million in 2022, and is expected to exhibit a CAGR of 4.5% during the forecast period (2022-2030).

Key Trends and Analysis of the Global mTOR Inhibitors Market:

Key trends in the market include increasing engagement of government regulatory organizations in transforming healthcare and medical field using new research and development activities, increasing adoption of drugs for avascular necrosis, drug launches, inorganic activities such as collaborations and others.

The key market players are focused to address the emerging use of mTOR inhibitors by research and clinical trial testing is expected to drive the global mTOR inhibitors market growth over the forecast period. For instance, Johnpro Biotech, Inc., a biotechnology company, is conducting a clinical trial on mTOR inhibitors for the treatment Glioblastoma. The trial is in Phase 3. The trial is expected to get completed in April 2025.

Increasing number of product approvals from regulatory bodies is expected to drive the growth of global mTOR inhibitors market over the forecast period. For instance, in April 2018, Novartis AG., a pharmaceutical company, announced that the U.S. Food and Drug Administration has approved Afinitor DISPERZ, for the adjunctive treatment of adult and pediatric patients aged two years and older with tuberous sclerosis complex (TSC). Furthermore, the increasing number of prevalence of kidney cancer is expected to drive the growth of global mTOR inhibitors market. For instance, according to report published by the World Health Organization in 2020, the prevalence of kidney cancer is 33.6% in Europe region.

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Key Market Takeaways:

Key market players operating in the market are focused on product launches. This in turn is expected to drive the growth of global mTOR inhibitors market. For instance, in May 2021, Fresenius Kabi AG., a pharmaceutical company, announced that the company has launch Temsirolimus Injection in the U.S. Temsirolimus Injection, a generic version of the brand Torisel, is used to treat advanced renal cell carcinoma.   

Among region, North America is expected to hold a dominant position in the global mTOR inhibitors market over the forecast period, owing to the increasing number of drug approvals by regulatory bodies in the region. For instance, in November 2021, Aadi Bioscience, Inc., a biopharmaceutical company focusing on precision therapies for genetically-defined cancers with alterations in mTOR pathway genes, announced that the U.S. Food and Drug Administration (FDA) has approved FYARRO (sirolimus protein-bound particles for injectable suspension) (albumin-bound) for intravenous use for the treatment of adult patients with locally advanced unresectable or metastatic malignant perivascular epithelioid cell tumor (PEComa).

Competitive Landscape:

Key players operating in the global mTOR inhibitors market include Novartis AG, Hikma Pharmaceuticals PLC., Par Pharmaceutical, Teva Pharmaceutical Industries Ltd., Dr. Reddy’s Laboratories Ltd., Zydus Cadilla, Pfizer, Inc., Biocon, Alkem Laboratories Ltd., Accord Healthcare Inc., Gland Pharma Ltd., Apotex Inc., and Glenmark Pharmaceuticals Ltd.

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Market segmentation:

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