Advanced Glycation End Products Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 - 2030
Advanced Glycation End Products Market: Overview
The increasing cases of cancer are prognosticated to help boost the global advanced glycation end products market growth during the forecast period 2020 to 2030. Progressed glycation final results (AGEs) are a gathering of mixes, which are shaped by non-enzymatic responses between carbonyl gatherings of decreasing sugars and free amino gatherings of proteins, lipids or nucleic acids and can be acquired exogenously from diet or framed endogenously inside the body. AGEs are collected intracellularly and extracellularly in all tissues and body liquids and can cross-connect with different proteins and consequently influence their typical capacities.
The global advanced glycation end products market is classified on the basis of type, application, and end user. In terms of type, the market is bifurcated into fluorescent AGEs, and non-fluorescent AGEs. Based on application, the market is grouped into neurodegenerative diseases, bone diseases, cancer diabetic complications, and others. On the basis of end user, the market is categorized into homecare settings, specialty clinics, and hospitals.
Advanced Glycation End Products Market: Market Competition
Companies are engaging in product portfolio and quality analysis to gain an upper hand in the overall market competition. Besides this, players are investing in intense research and development to earn better revenues in the overall market competition. Other strategies adopted by players include merger and acquisition, joint ventures, and others. Quality development of the products and devices and regulatory approvals are also prominent factors to be emphasized on by major players.
Some of the players functioning in the global advanced Glycation end products market include:
Advanced Glycation End Products Market: Trends and Opportunities
The National Cancer Institute calculated an estimated 16.8 million newly diagnosed cancer cases in the U.S. in the year 2016. It also predicts about 595,690 deaths from cancer cases in the United States. This implies that a majority of cancer cases worldwide stands as a key factor boosting the global advanced Glycation end products market. Apart from this, the rising cases of bone diseases or genetic diseases will also add impetus to the overall growth of the market in the coming years. Furthermore, the increasing awareness about neurodegenerative diseases and the availability of diagnostic procedures will further create lucrative growth opportunities for the market in the coming years.
On the contrary, factors such as high cost of cosmetic products that use glycation may cause a major hindrance to the market in terms of revenue generation. This, coupled with the unpredictability in cosmetic surgery results may drive away consumers, thereby hampering the overall growth of the global glycation end products market in the forecast period.
Advanced Glycation End Products Market: Regional Analysis
North America and Europe regions are currently at the top position for the advanced Glycation end products market. This is owing to the increasing cases of Alzheimer’s and Parkinson’s diseases in different nations of the respective regions. On the other side, the market in Asia Pacific is likely to gain impetus in the forecast period on account of the improving healthcare infrastructure and facilities in the developing nations.
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