Radiation
Injury Drugs Market Revenue, Industry Growing Demand, Regional Outlook Up To
2031
The
global radiation injury drugs market is anticipated to grow at a significant
CAGR 4.5% during the forecast period (2024-2031). Radiation injury is
defined as the damage of tissues due to exposure of ionizing radiation. The
ionizing radiation given in large dose may injure the healthy human cells and
even result in acute illness leading to decrease in the production of blood cells
and harm the gastrointestinal tract. It also results in the damage to
cardiovascular health, blood vessels, brain and especially skin. The major
factor attributable to the market growth include the high prevalence of cancer
patients globally who further opt for the radiation therapy. For instance, as
per the International Agency for Research on Cancer, in 2020, there were 19.3
million cases of cancer globally and 10 million died due to cancer. Thus, this
surge in the cancer patients is likely to drive the global radiation injury
drugs market growth.
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In
addition to this, various enduring research and products under clinical trials
are the factors for the growth of radiation injury drug market. For instance,
BioMimetix drug BX-001 is under clinical phase II trial and is used for the
patients with high-grade glioma. However, the drug is also used to provide
protection against the damage or injury done by the radiation therapy. Another
key factor that significantly impacts the market growth for these drugs include
the fact that the radiation injury can cause reduced production of sperm and
egg count in male and female respectively.
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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: Amgen
Inc., and BioMimetix JV, LLC, 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 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 are players addressing
challenges to sustain growth?
• Where is the investment
opportunity?
Global
Radiation Injury Drugs Market Report by Segment
By
Type
•
Aerosurf
•
BMX-001
•
C-2E2
•
C-2E5
•
Des-Asp Angiotensin 1
•
DG-3
•
Others
By
Application
•
Ambulatory Surgical Centers
•
Hospitals and Clinics
•
Others
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