With the Cyclooxygenase 1 Inhibitor market research report, best market opportunities are put forth along with the well-organized information to accomplish a persistent growth in the market. This market report consists of historic data along with future forecast and detailed analysis for the market on a global and regional level. Key industry elements covered in the Cyclooxygenase 1 Inhibitor report are industry outlook along with critical success factors, industry dynamics, market definition, drivers and restraints, market segmentation, value chain analysis, key developments, application and technology outlook, regional or country level analysis and competitive landscape. ‘
Data Bridge Market Research analyses a growth rate in the cyclooxygenase 1 inhibitor market in the forecast period 2023-2030. The expected CAGR of cyclooxygenase 1 inhibitor market is tend to be around 7% in the mentioned forecast period. The market is valued at USD 70 billion in 2022, and it would grow upto USD 120.27 billion by 2030.
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Market Definition
Cyclooxygenase 1 inhibitors are a kind of non-steroidal anti-inflammatory drugs. Cyclooxygenase 1 is a type of enzyme that is primarily responsible for pain and inflammation. They are mainly responsible for the production of prostaglandins. The induction of COX2 during inflammation has caused the development of several nonselective therapeutic COX1 and COX2 inhibitors that includes ibuprofen, ketoprofen, flurbiprofen, fenoprofen
Cyclooxygenase 1 Inhibitor Market Dynamics
Highlights of TOC:
Chapter 1: Market overview
Chapter 2: Global Cyclooxygenase 1 Inhibitor Market
Chapter 3: Regional analysis of the Global Cyclooxygenase 1 Inhibitor Market industry
Chapter 4: Cyclooxygenase 1 Inhibitor Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
Drivers
- Increasing Prevalence of Cancer
According to Cancer.org, men tend to have a 1 in 23 lifetime risk of having cancer, on the other hand, women have a 1 in 25. Cancer is the third most cause of mortality in men and the second most common cancer in women. Around 1.8 million new cases were observed in 2018. Around 39% of cases are diagnosed at an early stage. The 5-year survival rate is nearly 71% if cancer locates to neighbouring tissues, organs, or regional lymph nodes. Thus, this factor boost the market growth
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