Interferons are a class of proteins generated and released by the host cells in response to the presence of pathogenic microbes such as bacteria, viruses, fungi and tumor cells. Interferons belong to a class of glycoproteins called cytokines and are referred to as first line defenders against microbial infections. Owing to presence of the ability to ‘interfere in viral cell replication’, these proteins fight against an infection by triggering an immune response, that results in the generation of immunologic cells, such as T-cells, natural killer cells and macrophages. Usage of interferon is identified as one of the most advanced and effective clinical methods for treatment of numerous diseases such as hepatitis, sclerosis and cancer.
Future Market Projections of Interferons is available at: http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1844
The global interferon market is expected to witness high growth through the forecast period owing to the increased research and development activities in this field. Currently, there are approximately 15 human interferons available in the global market and the number is projected to rise rapidly in the next few years. Moreover, the rising awareness regarding this therapy, increasing demand for specialized medicines for diseases such as cancer, hepatitis-B, and hepatitis-C, and technological developments are the major factors that are expected to boost the demand for interferons in the coming years. On the other hand, high funds required for research and development activities, high cost of treatments, and patent expiration are the key factors hampering the growth of the global interferon market in the forecast period.
The research report has divided the global interferon market on the basis of application into leukemia, hepatitis-C, hepatitis-B, melanoma, renal cell carcinoma, multiple sclerosis, and others. The market share and estimates of each segment have been included in the research report.
The research study has divided the global interferon market on the basis of geography into North America, Asia Pacific, Europe, and Rest of the World. Among all these regions, presently, North America leads the overall market, owing to several factors such as the growing demand for sophisticated treatment of chronic diseases, technological advancements, and the strong financial ability of patients to spend on treatment and of market players and government agencies to spend on research and development activities. On the other hand, Asia Pacific is estimated to witness rapid growth throughout the forecast period. The high growth of the market in this region can be attributed to the increasing awareness regarding interferon therapy and increasing research and development activities.
Furthermore, the research study talks about the competitive landscape of the global interferon market, emphasizing on the company profile, inception details, contact information, products offered, financial overview, business policies, SWOT analysis, and mergers and acquisitions, if any. Some of the key players operating in the global interferon market are Merck & Co., Inc., Roche Inc., and Biogen Inc.
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