The Global Market for Ion Channel Modulators is Projected to Decline to US$7.3 Billion by 2022
Generic Incursion Ushers in New Challenges to Growth in the Global Ion Channel Modulators Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry trends, growth drivers, market size, and demand forecasts on the global Ion Channel Modulators market. The global market for Ion Channel Modulators is projected to decline to US$7.3 billion by 2022 , weighed down by patent expirations, generic drug onslaught and lack of promising drugs in pipeline. Lack of clear understanding of the structure and function of ion channels, perpetrated by their physiological, functional, and structural diversity has stifled research advances in the area of ion channel modulators. Most first generation ion channel modulator drugs lack subtype selectivity or specificity, and are plagued with side effects and restricted therapeutic indices, mandating research and development of next generation drugs with better safety profile, higher specificity...