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(MoneyNewsWire.Net, February 01, 2018 ) The Asia Pacific Histone Deacetylase Inhibitors market size was around USD XX billion in 2017. It is expected to grow at a CAGR of XX% to reach USD XX billion by 2022. It captures XX% of the global market share.HDAC is an anticancer agent. It consists of a group of molecules. Chemically speaking these are basically enzymes with N-acetyl lysine amino acid present on a histone. They have a large number of applications in oncology. They are also used in the treatment of solid and haematological malignancies.
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Increasing number of people affected by cancer, better funding and savoury government policies for R&D in the cancer treatment field, and high demand for efficient treatment with lower costs are the primary drivers of market growth.Ambiguity in the reimbursement policies is the primary restraint of this market.
The market is segmented by class and application. Classification by class entails Class I HDACs, Class II HDACs, and Class III HDACs. Classification by application entails Cancer, Central Nervous System Disorders, and Other Diseases.
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Classification by geography entails India, China, Korea, Japan and others. Asia Pacific is poised to for a robust growth trajectory in the forecast period. China will spearhead this growth spurt.
Key players in the market are Merck & Co., Inc., Celgene Corporation, Eisai Pharmaceuticals. Other players in the market include Novartis, Acetylon Pharmaceuticals, Celleron Therapeutics, Envivo Pharmaceuticals and Pfizer, Inc.
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