The Targeted Therapeutics Market investigation report assesses the global market for the Silicon Photonics Devices industry and provides revenue and capability forecasts for the projected period. The factors that drive the industry's growth are highlighted in the report. The report divides the Targeted Therapeutics Market into main categories such as forms, applications, end-users, technology, and others for a better understanding. These segments are thoroughly examined in order to provide a more accurate outlook for the global and regional markets.

As there is a growing trend for connected devices and IoT in several industries, the need for the number of data points has also increased substantially. The factor driving the demand for the market is efficient power consumption usage in silicon photonics devices and increasing the bandwidth requirement for the transfer of large data. Increased funding into the sector has also propelled the growth of the market.

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Some Key Highlights From the Report:

• Announcing a global partnership and licence agreement with Ionis Pharmaceuticals for tissue-targeted delivery of oligonucleotide therapeutics utilising Bicycles with high affinity to transferrin receptor, Bicycle Therapeutics PLC, a biotechnology company engaged in development of innovative and differentiated therapeutics class, made the announcement in July 2021. (TfR1).
• Over the projected period, monoclonal antibodies are anticipated to have a particularly strong revenue share among the therapeutic segments. Cancer cells can be targeted and killed with precision using monoclonal antibodies that release cytotoxic chemicals. After binding to its target cell, an antibody produces a hazardous compound, such as a radioactive or poisonous chemical, which the target cell absorbs and finally suffocates. The absence of the antibody target prevents these poisons from affecting cells. Trastuzumab (for certain breast malignancies), alemtuzumab (for certain chronic leukemias), and cetuximab are examples of monoclonal antibodies (certain colorectal, head, lung, and neck cancers).
• In the US, prostate cancer is the second leading cause of cancer-related death in men. Hormonal therapies are frequently added to the prostatectomy and radiation therapy currently being used to treat prostate cancer. Recurrence is also common in cases of prostate cancer, and many patients experience the development of metastatic prostate cancer, for which chemotherapy is only moderately successful and necessitates the use of targeted medicines following early therapies.
• In 2020, the targeted therapeutics market in North America generated the highest revenue share, which can be attributable to the region's rapid adoption of cutting-edge technologies, rising cancer incidence, and high healthcare spending. Furthermore, the presence of major industry players like Pfizer Inc. and Amgen Inc. is anticipated to support market expansion in this area.
• Amgen Inc., Genentech Inc., Arcus Biosciences Inc., Gilead Sciences Inc., AstraZeneca PLC, Serina Therapeutics Inc., F. Hoffmann-La Roche & Co., Agenus Inc., Pfizer Inc., and Aurinia Pharmaceutical Inc. are a few of the significant businesses mentioned in the market study.

Emergen Research has segmented global targeted therapeutics market on the basis of therapy, disease indication, end-use, and region:

Therapy Outlook (Revenue, USD Billion; 2018–2028)

• Monoclonal Antibodies
• Small Molecule Inhibitors

Disease Indication Outlook (Revenue, USD Billion; 2018–2028)

• Lung Cancer
• Breast Cancer
• Colorectal Cancer
• Prostate Cancer
• Leukemia
• Lymphoma
• Multiple Sclerosis
• Melanoma
• Others

End-use Outlook (Revenue, USD Billion; 2018–2028)

• Hospitals
• Cancer Treatment Centers
• Research Institutes
• Others

Regional Outlook (Revenue, USD Billion; 2018–2028)

• North America

1. U.S.
2. Canada
3. Mexico

1. Germany
2. U.K.
3. France
4. Italy
5. Spain
6. Sweden
7. BENELUX
8. Rest of Europe

1. China
2. India
3. Japan
4. South Korea
5. Rest of APAC

1. Brazil
2. Rest of LATAM

1. Saudi Arabia
2. UAE
3. South Africa
4. Israel
5. Rest of MEA

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