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Chordoma Disease Therapeutics Market Analysis | Coherent Market Insights Market Analysis | Coherent Market Insights

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Title: Chordoma Disease Therapeutics Market Analysis | Coherent Market Insights Market Analysis | Coherent Market Insights


1
Coherent Market InsightS
  • Market Research and Business Consulting
    Services
  • https//www.coherentmarketinsights.com/
  • COVID-19 Impact Tracker

2
Inhaled Antibiotics Market Analysis (2020-2027)
  • The management of patients with chronic
    respiratory diseases have become a challenge in
    clinical practice. Conditions such as cystic
    fibrosis (CF) and non-CF bronchiectasis require
    extensive treatment strategies to deal with
    multidrug resistant pathogens that include
    Pseudomonas aeruginosa, Methicillin-resistant
    Staphylococcus aureus, Burkholderia species, and
    non-tuberculous Mycobacteria (NTM).
  • To overcome these challenges scientists are
    developed a noval drug formulation of
    antimicrobial agent and deliver drugs to the
    pulmonary system by using inhaled, aerosolized or
    nebulized antibiotics.

3
  • The important application of inhaling antibiotics
    is to maximize drug delivery to the target site
    of infection i.e. the airways and limit the
    potential for systemic side effects.
  • The global inhaled antibiotics market size was
    valued at US 1,094.6 million in 2019 and is
    expected to exhibit a CAGR of 6.3 over the
    forecast period (20202027).

4
Figure 1 Global Inhaled Antibiotics Market Value
(US Mn), by Region, 2020
5
Increasing incidence of respiratory diseases is
expected to drive the market growth over the
forecast period
  • Increasing drug approvals from regulatory
    authorities for the treatment of chordoma is
    expected to drive growth of the chordoma disease
    therapeutics market over the forecast period.
  • For instance, in May 2018, Bavarian Nordic A/S, a
    pharmaceutical company, received orphan drug
    designation from the U.S. Food and Drug
    Administration (FDA) for BN-Brachyury, a novel
    cancer vaccine indicated for the treatment of
    chordoma.  

6
Figure 2. Global Chordoma Disease Therapeutics
Market Share (), by Drug Class, 2020
7
Increasing adoption of strategies such as
mergers, agreements, and collaborations by key
players is expected to drive the market growth
over the forecast period
  • Market players are focused on adoption of
    inorganic growth strategies such as
    collaborations and agreements to strengthen their
    position in the chordoma disease therapeutics
    market.
  • For instance, in January 2019, Biothera
    Pharmaceuticals entered into a licensing
    agreement with Cipla Limited for its potential
    bevacizumab biosimilar, BAT1706. Through this
    agreement, Cipla Limited received the rights to
    distribute and market the biosimilar in emerging
    markets.

8
Chordoma Disease Therapeutics Market Restraint
  • Chemotherapeutic drugs approved for the treatment
    of chordoma are not always effective and have
    several side effects such as nausea, headache,
    and hair loss, which is expected to restrain the
    market growth over the forecast period.
  • Also, low prevalence of the disease and
    limitations associated with the treatment are
    factors affecting the market growth, followed by
    the high cost of diagnosis, treatment, and
    research development.

9
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10
 Global Chordoma Disease Therapeutics Market
Impact of Coronavirus (Covid-19) Pandemic
  • Treatment options of cancer such as chemotherapy
    can weaken the immune system of cancer patients
    and increases the risk of getting infected.
    Hence, people suffering from cancer such as
    chordoma are at higher risk of developing serious
    complications due to COVID-19 disease.
  • However, considering the criticality of the
    chordoma disease it has been recommended by the
    regulatory authorities to not delay of postpone
    the chemotherapy or immunotherapy for the
    treatment of chordoma disease.

11
  • Healthcare providers are adopting telehealth
    solutions to conduct their services for cancer
    patients while maintain the social distancing to
    combat COVID-19 pandemic without compromising the
    health of cancer patients. Patients can arrange
    virtual appointments with their doctors for
    consultations. Healthcare providers are taking
    following measures to reduce the spread of
    COVID-19 infection.
  • Hospitals have restricted entries of visitors and
    only emergency cases are being handled.
  • A screening for possible symptoms of COVID-19 is
    being performed for all the people who are
    entering the hospitals.
  • Healthcare givers are encouraging patients to
    conduct patients schedule appointments via
    telemedicine platforms.

12
Key Players
  • Major players operating in the global chordoma
    disease therapeutics market include
    GlaxoSmithKline Plc, Bavarian Nordic A/S,
    Boehringer Ingelheim International GmbH, Pfizer,
    Inc., Merck Co., Inc., Sanofi SA, Astellas
    Pharma Inc., AstraZeneca plc, Amgen, Inc.,
    Bristol-Myers Squibb and Company, Novartis
    International AG, Bayer AG, Dr. Reddys
    Laboratories Ltd., and Mylan N.V.

13
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  • Reference
  • https//www.coherentmarketinsights.com/market-insi
    ght/inhaled-antibiotics-market-3980

14
About Us
  • Coherent Market Insights is a global market
    intelligence and consulting organization focused
    on assisting our plethora of clients achieve
    transformational growth by helping them make
    critical business decisions.
  • What we provide
  • Customized Market Research Services
  • Industry Analysis Services
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  • Long term Engagement Model
  • Country Specific Analysis

15
Contact Us   
  • Mr. Shah
  • Coherent Market Insights Pvt. Ltd.
  • Address 1001 4th ave, 3200 Seattle, WA 98154,
    U.S.
  • Phone 1-206-701-6702
  • Email sales_at_coherentmarketinsights.com

16
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