Proteinase Activated Receptor Market Top Companies, Industry
Demand and Regional Analysis by 2031

The global proteinase activated receptor market is
anticipated to grow at a significant CAGR during the forecast period (2024-2031).
Proteinase-activated receptors (PARs) are a subfamily of G protein-coupled
receptors (GPCRs). These receptors have four members which include PAR1, PAR2,
PAR3 and PAR4. These receptors play critical applications in hemostasis,
thrombosis, embryonic development, wound healing, inflammation and cancer
progression. The major factor driving the growth of the global proteinase
activated receptor market is the rising prevalence of cancer across the
globe. 

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According to the National Cancer Institute (NCI), it was
estimated that 1,806,590 new cases of cancer will be diagnosed in the US with a
mortality rate of 606,520 people in 2020. Additionally, the most common cancers
include breast cancer, lung and bronchus cancer, and leukemia, among others. In
men, prostate, lung, and colorectal cancers will account for an estimated 43%
of all cancers diagnosed while for women, the three most common cancers include
breast, lung, and colorectal which will account for an estimated 50% of all new
cancer diagnoses in women in 2020. 

Furthermore, there were 18.1 million new cases and 9.5
million cancer-related mortalities globally in 2018 which is anticipated to
rise to 29.5 million and the number of cancer-related mortalities to 16.4
million by 2040. Hence, the rising prevalence of cancer is increasing the
demand for proteinase activated receptors to treat cancer progression which in
turn is driving the growth of the market. Some major players in the market
include Merck & Co., Inc., and Heptares Therapeutics Ltd., among others. 

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Market Coverage

•             Segment
Covered- 

o             By Type

o             By
Application

•             Regions
Covered-

o             North
America

o             Europe

o             Asia-Pacific

o             Rest of
the World

•             Competitive
Landscape- Merck & Co., Inc., and Heptares Therapeutics Ltd., among
others. 

Key questions addressed by the report

•             What is
the market growth rate?

•             Which
segment and region dominate the market in the base year?

•             Which
segment and region will project the fastest growth in the market?

•             How has
COVID-19 impacted the market?

o             Deviation
from the pre-COVID-19 forecast

o             Most
affected region and segment

•             Who is
the leader in the market?

•             How
players are addressing challenges to sustain growth?

•             Where is
the investment opportunity?

Global Proteinase Activated Receptor Market Report by
Segment

By Type

• PAR1


• PAR2


• PAR3 


• PAR4

By Application

• Hemostasis


• Hrombosis


• Embryonic
  Development


• Wound
  Healing


• Inflammation 


• Cancer

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