PUBLISHER: DataM Intelligence | PRODUCT CODE: 1629912
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1629912
The global enzyme inhibitor market reached US$182.77 billion in 2023 and is expected to reach US$256.53 billion by 2032, growing at a CAGR of 3.9% during the forecast period 2024-2032.
An enzyme inhibitor is a product that binds to an enzyme and blocks or reduces its activity. By doing so, the enzyme inhibitor regulates or alters the biochemical reactions within the body. These enzyme inhibitors bind to the enzyme either reversibly or irreversibly. Reversible inhibitors bind temporarily and reduce their activity for a specific period. Irreversible inhibitors, on the other hand, form a permanent bond with the enzyme, effectively deactivating it. The biological activity of the enzyme will not be regained unless a new enzyme is formed.
Due to their ability to modify biological activity, these inhibitors have diverse therapeutic applications, including managing conditions like hypertension, diabetes, infectious diseases, and cancer.
Market Dynamics: Drivers & Restraints
Rising prevalence of chronic diseases
The major applications of enzyme inhibitors are in chronic diseases such as diabetes, cancer, cardiovascular diseases, respiratory illnesses, obesity, neurodegenerative disorders, etc. Due to several factors such as the aging population, sedentary lifestyle, unhealthy eating habits, and worsening environmental conditions, there is a rising incidence and prevalence of these chronic conditions.
Note: The cardiovascular diseases and diabetes statistics represent total cases in 2023, and the cancer cases represent 5-year prevalence cases in 2022, adopted from GLOBOCAN
Enzyme inhibitors play a crucial role in the management of these diseases by specifically targeting and modifying the enzymes involved in the disease pathology. As the prevalence of these chronic diseases rises, the demand for enzyme inhibitors is expected to rise, propelling the market's growth in the future.
Market saturation and high generic and brand competition can significantly hinder enzyme inhibitor market growth.
In several therapy areas where enzyme inhibitors are highly prescribed, there is a huge competition between generic manufacturers and brand manufacturers. This can pose a significant threat to new entrants, as the potential for revenue generation is quite low. Launching a branded drug in a generic saturated market is risky and may lead to a low adoption rate.
For instance, hypertension is the most common condition where enzyme inhibitor find their major application. The drug class is termed angiotensin-converting enzyme (ACE) inhibitors and the drugs include lisinopril, captopril, enalopril, etc. These drugs are widely available from several generic manufacturers across the globe. The introduction of these generic versions has greatly reduced the sales and adoption rate for branded drugs such as Zestril (Lisinopril) and Vasotec (Enalapril). In such a saturated market, the demand for newer branded drugs is low, hence restraining their growth rate.
The global Enzyme inhibitor market is segmented based on enzyme type, drug class, distribution channel, and region.
Poly(ADP-ribose) Polymerase (PARP) Inhibitors in the enzyme type segment are expected to grow with the highest CAGR in the forecast period.
Poly(ADP-ribose) Polymerase (PARP) is a family of enzymes that play a crucial role in various cellular processes at the genetic level. These enzymes are the key mediators in cellular stress responses, DNA repair, cell proliferation, and cellular death. PARP plays a crucial role in cancer pathology, as the tumor cells highly depend on these enzymes for their DNA repair. Inhibiting these enzymes prevents the further growth of cancerous cells.
PARP enzyme inhibitors are currently gaining huge traction in the cancer therapeutics market. There are several drugs approved and many are in clinical development. The approved drugs include Olaparib, Rucaparib, Niraparib, and Talazoparib. These drugs are used in cancers of the breast, prostate, ovaries, pancreas, etc. Since their approval, the sales of these drugs have been growing at a faster pace. The below graph represents the sales of the top 2 selling PARP enzyme inhibitors Lynparza, and Zejula from their respective launch years. Lynparza has seen significant growth in sales from 2015 to 2023, with the highest CAGR of 52.9%.
North America is expected to hold a significant share of the Enzyme inhibitor market.
North America is estimated to hold the highest market share throughout the forecast period, owing to factors like highly regulated and well-developed healthcare infrastructure, and the higher prevalence of chronic conditions.
For instance, as per the research article by the Centers for Disease Control and Prevention (CDC) published in February 2024, in the U.S., nearly 129 million people have at least 1 chronic disease such as heart disease, cancer, diabetes, obesity, and hypertension. CDC has stated that the prevalence of chronic diseases has been rising steadily for the past 2 decades, and is expected to rise with the same trend in the future.
Moreover, recent statistics published by the CDC in October 2024, have stated that one-half the U.S. adult population is hypertensive and more than one-half (51.2%) of these patients are taking medication to lower their blood pressure. The overall prevalence was 47.7% during the study period of August 2021 to August 2023. As per the American Heart Association, Inc. projections, nearly 60% of U.S. adults will be affected by heart disease and stroke by 2050, and hypertension is the leading cause of this high prevalence risk.
With the alarming rise in chronic conditions, and availability of availability of advanced enzyme inhibitors, strong presence of market players and their innovations, the North America region is considered dominating in the global enzyme inhibitors market.
The major global players in the Enzyme inhibitor market are Pfizer Inc., Johnson & Johnson Services, Inc., Merck & Co., Inc., F. Hoffmann-La Roche Ltd, Novartis AG, AbbVie Inc., Sanofi, AstraZeneca, Gilead Sciences, Inc., and Eli Lilly and Company. among others.
Emerging Players
The emerging players in the Enzyme inhibitor market include Shionogi Inc., Mission Therapeutics, and Corvus Pharmaceuticals among others.
The global Enzyme inhibitor market report would provide approximately 62 tables, 70 figures, and 250 pages.
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