Thymidine Market Size, Share, Growth, And Industry Analysis, By Type (Fermentation Method and Chemical Synthesis Method), By Application (Stavudine, anti, AIDS drugs, Zidovudine and Others), Regional Insights, and Forecast From 2024 To 2031

Updated On: 08 April 2024

Thymidine Market Report Overview

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The global thymidine market size was USD 254.71 million in 2021 and is expected to reach USD 502.44 million in 2031, exhibiting a CAGR of 7.03% during the forecast period.

A pyrimidine nucleoside called thymidine is a component of DNA. Thymine is another name for it. All living things have this chemical as a component of DNA's structural makeup. C10H14N2Or5 is the chemical formula. 242.229 g/mol is its molar mass. It manifests chemically as a white, crystalline powder. Due to its deoxyribose sugar, it is a deoxyribonucleoside. Additionally known as deoxythymidines. Since DNA synthesis is the only process that uses thymine nucleotide precursors, RNA synthesis does not. The prefix deoxy- is frequently omitted. Therefore, it is also known as thymidine. In a DNA molecule with two strands, this compound and deoxyadenosine couple up.

Growing demand for use in anti-cancer medications and other products from the pharmaceutical and biotechnology industries escalating demand from the medical diagnostics sector for usage in polymerase chain reaction (PCR), nucleic acid sequencing, and other diagnostic applications. rising incidence of conditions requiring treatment with it, such as cancer. The growth of the field depends on increased research funding for chemical-related drug discovery and development initiatives. Technology advancements that increase the effectiveness of this chemical delivery or manufacture are advantageous.

COVID-19 Impact: Disruption in Supplies Due to Cancelled Operations

The global COVID-19 pandemic has been unprecedented and staggering, with thymidine experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden decline in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Nearly 100 nations have been affected by the COVID-19 virus's proliferation. The World Health Organization proclaimed it to be a public health emergency. The market for monopotassium phosphate (MKP) has been considerably influenced by the global consequences of the coronavirus disease COVID-19. Over 40 countries declared states of emergency as a result of COVID-19, which also resulted in flight cancellations, travel bans, quarantines, restaurant closures, regional indoor events, stock market volatility, declining business confidence, panic, uncertainty about the future, and increased panic. This led to huge disruption in supply of raw materials.

Latest Trends

"Increased Enzyme Activity to Attract Consumers"

The chemical kinase 1 is modified and then forms a tetramer, which increases the enzyme's activity. This mechanism for controlling the enzyme activity has been proposed. Following the stage of Dictyostelium development, tetramers are shown to form. It is believed that warm blooded animals, who diverged from vertebrates, first used it for the precise regulation of DNA synthesis. Additionally, the discovery of enzymes similar to thymidine kinase has been researched.

Thymidine Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into fermentation method and chemical synthesis method.

In terms of product, fermentation method is the largest segment.

• By Application Analysis

Based on application, the market can be divided into stavudine, anti, AIDS drugs, zidovudine and others.

In terms of application, AIDS drugs is the largest segment.

Driving Factors

"Usage in Development of Novel Medications to Enhance Market Performance"

Thymidine is used in Application I to conduct research to develop novel medications and treatments. It is also a component in a number of other applications, including cell proliferation and transformation investigations, vaccinations, and diagnostics. Due to its use in the discovery and development of medications for numerous diseases, including cancer, HIV/AIDS, and autoimmune disorders, the use of the chemical has increased. These analogues, which are widely employed in many different domains, including diagnostics, treatments, and vaccinations against cancer and infectious diseases, among others, are used in Application II. Due to their strong selectivity towards tumor cells and resulting increased efficacy over conventional chemotherapeutic medicines, these products are mostly used in this market.

"Stabilized Nucleic Acid's Structural Elements to Uplift Market Profile"

It is created by the chemical synthesis process. It entails a series of chemical processes that let go of high-energy phosphate groups. The oxidation of phosphoric acid with hydrogen peroxide or another oxidizing agent is the reaction that occurs most frequently in this procedure. This results in the production of high molecular weight polymers known as polythymolines, which comprise numerous individual molecules linked together (PTL). Thymine (T) and Adenine (A) form two hydrogen bonds in DNA, which stabilises the nucleic acid's structural elements. The nucleoside deoxythymidine, which is identical to the term, is created when thymine and deoxyribose are combined. When cells are actively dividing, this analogue substitution prevents DNA synthesis.

Restraining Factors

"Limited use of the chemical to Impede Market Expansion"

This analogue was once widely used, but its use is now severely constrained by long-term toxicity. It has a close relationship with peripheral neuropathy, lactic acidosis, and lipoatrophy. Didanosine and stavudine should not be used together since there is an increased risk of certain effects. Stavudine is not advised in the resource-rich world unless alternative ARVs cannot be used. This is anticipated to constraint thymidine market growth.

Thymidine Market Regional Insights

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"North America to Dominate the Market Due to Presence of Significant Corporations"

The global thymidine market share was controlled by North America. Some of the factors contributing to its huge proportion include the presence of significant corporations and a developed healthcare infrastructure. Over the course of the forecast period, this regional market is also anticipated to be driven by rising research and development efforts to create novel pharmaceuticals. With an ageing population and an increase in the prevalence of chronic diseases like cancer, diabetes, and cardiovascular disorders, among others, it is anticipated to grow profitably during the forecast period as a result of growing investments by various governments in developing countries to improve healthcare facilities and services. During the projected period, these factors are anticipated to significantly raise demand from this region.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• Anhui Golden Sun Biopharmaceuticals (China)
• Zhejiang xianfeng Science Technology (China)
• Zhejiang NHU (China)
• Hebei Anminuo (China)
• Lonza (Switxerland)
• Wuhan Fortuna Chemical (China)
• Carbopharm GmbH (Austria)
• ST Pharm (South Korea)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.