Erythropoietin drugs market size was valued at $9,243.12 million in 2020, and is projected to reach $14,414.59 million by 2028, registering a CAGR of 5.7% from 2021 to 2028. Erythropoietin (EPO)/hematopoietin is a glycoprotein hormone that stimulates erythropoiesis, or the production of red blood cells in the bone marrow. The erythropoietin drug was created to treat anaemic conditions caused by end-stage renal disease (ESRD) disease treatments and dialysis procedures. Following ESRD anaemia, EPO drugs have been approved for chemotherapy-induced anaemia. Following the approval of post-abbreviated new drug applications (ANDAs) and the high success rate of EPO applications for chemotherapy-induced anaemia, original biopharmaceutical companies focused on another type of induced anaemia, namely ART-induced anaemia (among HIV patients).
The COVID-19 outbreak has disrupted workflows in the health care sector around the world. The disease has forced a number of industries, including several sub-domains of health care, to temporarily close their doors. However, there has been a positive impact and increase in demand for a variety of medical services, including erythropoietin.
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Global Erythropoietin Drugs Market: Top Key Players
Roche
Beijing Four Rings Biopharmaceutical
Amgen
Kyowa Hakko Kirin
LG Life Sciences
Shanghai Kirin Kunpeng
Shandong Kexing
Shenyang 3SBio Inc.
Scipregen
Global Erythropoietin Drugs Market: By Types
Natural Erythropoietin
Non-natural Erythropoietin
Global Erythropoietin Drugs Market: By Applications
Anemia
Kidney Disorders
Other
Geographically, the detailed analysis of consumption, revenue, and market share and growth rate of the following regions:
United States, Canada, Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden, Poland, Belgium, China, Japan, South Korea, Australia, India, Taiwan, Indonesia, Thailand, Philippines, Malaysia, Brazil, Mexico, Argentina, Columbia, Chile, Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of the World.
Asia-Pacific is a promising market for erythropoietin growth, with the majority of erythropoietin originator companies focusing on the region. Because of the development of biosimilars by major manufacturers in these regions, the region has the largest share of the biosimilar industry. India and China are important markets for erythropoietin biosimilars.
Key Benefits For Stakeholders
- The study provides an in-depth analysis of the global erythropoietin drugs market along with the current trends and future estimations to elucidate the imminent investment pockets.
- A comprehensive analysis of the factors that drive and restrict the erythropoietin drugs market growth is provided in the report.
- Comprehensive quantitative analysis of the industry from 2020 to 2028 is provided to enable the stakeholders to capitalize on the prevailing erythropoietin drugs market opportunities.
- Extensive analysis of the key segments of the erythropoietin drugs industry helps to understand the application and products of erythropoietin used across the globe.
- Key market players and their strategies have been analyzed to understand the competitive outlook of the erythropoietin drugs market.
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FAQs
• What is the driving factor for the growth of the Erythropoietin Drugs?
• How will the COVID-19 pandemic impact the demand and consumption of the Erythropoietin Drugs?
• What is the major application area of the Erythropoietin Drugs?
• Who are the Erythropoietin Drugs manufacturers across the globe?
• Which geographical location is dominant in the Erythropoietin Drugs?
• Which are the top industry players in the Erythropoietin Drugs?
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