The Infinium Global Research analyzes the Global Erythropoietin Drugs Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global erythropoietin drugs market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of erythropoietin drugs. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the erythropoietin drugs market during the period. The global erythropoietin drugs market is projected to grow at a CAGR of 10.2% over the forecast period of 2019-2025.
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Rising Occurrence of Chronic Kidney Disease (CKD), Cancer and HIV is One of the Major Driving Factors for the Erythropoietin Drugs Market
Rising occurrence of chronic kidney disease (CKD), cancer and HIV is one of the major driving factors for the erythropoietin drugs market. Further, an increasing number of patients suffering from the anemic condition, patent expiration of biologics and an increase in the availability of biosimilars are also driving the market growth. On the other side, the high cost of EPO drugs is the major restraint factor for the erythropoietin drugs market. Moreover, patent expiration of major biologics during the coming years are anticipated to provide wide growth opportunities to the market players.
Erythropoietin Drugs Market: Segmentation
The global erythropoietin drugs market is segmented based on Drug Class, Product, and Application. On the basis of the drug class, the market is segmented into biologics and biosimilars. The biologics segment holds a large market share due to the presence of a large patient population and higher uptake of biologics. Based on the product, the sub-markets include epoetin-alfa, epoetin-beta, darbepoetin-alfa, and other products. The epoetin-alfa segment holds a large market share due to its wide adoption amongst healthcare professionals. By application, the market is segmented into cancer, hematology, renal diseases, and neurology.
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North America Holds the Largest Market Share of the Global Erythropoietin Drugs Market
Among the regions, North America holds the largest market share of the global erythropoietin drugs market followed by Europe and Asia-Pacific. The continuously increasing cancer population and patient suffering from renal diseases are driving the growth of the market in the North America region. Favorable reimbursement policies for HIV treatment are developed by the U.S. government that will provide a healthy platform for the growth of the North American EPO market.
Erythropoietin Drugs Market: Competitive Analysis
Some of the industry participants of the global erythropoietin drugs market are Hospira Inc., Johnson & Johnson, Amgen Inc., Roche Holding AG, LG Life Sciences Ltd., Biocon Limited, Celltrion, Inc., Intas Pharmaceuticals, Teva Pharmaceutical Industries Ltd., and Ranbaxy Laboratories Ltd. among the others.
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- Comprehensive analysis of global as well as regional markets of the Erythropoietin Drugs.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research– Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.