DUBLIN--(BUSINESS WIRE)--The "Global Erythropoietin Drugs Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 to 2025" report has been added to ResearchAndMarkets.com's offering.
The global erythropoietin drugs market was valued at US$ 9,097.7 million in 2016, and is expected to reach US$ 19,653.2 million by 2025, expanding at a CAGR of 9% from 2017 to 2025.
Rising incidence of CKD, cancer and HIV is the major factor fuelling the demand of erythropoietin drugs. Advancement in recombinant DNA technology has led to introduction of different forms of drugs such as epoetin-beta, darbepoetin-alfa and others. Biologics currently dominate the erythropoietin drugs market; but the entry of novel drugs with biosimilar formulations with better efficacy and cost effectiveness would present lucrative opportunities. Biosimilars would be a fast growing market, especially in developing countries in Asia Pacific and Middle East & Africa, due to low cost therapeutics and enhanced efficacy.
The global erythropoietin drugs market is segmented by drug type into epoetin-alfa, epoetin-beta, darbepoetin-alfa and others. Epoetin-alfa dominates the global erythropoietin drugs market, since it is the first biologic for anemia caused due to kidney disease, cancer or HIV and is widely accepted by physicians. The global erythropoietin drugs market is segmented by application type into anemia (cancer and HIV), kidney disorders (ESRD and dialysis) and others (neural diseases, wound healing and others). Renal disease occupies a large share of the market due to the reported increase in prevalence of kidney disorders.
Key Market Movements
- In cancer patients almost 77% suffer from anemia, which is often overlooked as fatigue is not generally not reported. Anemia is generally associated with cancer due to chemotherapy treatment, blood loss, marrow tumor, nutritional deficiency, but is mostly caused due to cytokine production.
- With rise in R&D of biosimilars, pipeline drugs would further drive the market. Cadila Healthcare's (Zydus Cadila) Zyan1, an oral molecule used to treat anemia associated with chronic kidney disease (CKD) is under phase two trial. Roxadustat, is first-in-class drug for anemia caused by CKD, developed by FibroGen and AstraZeneca, in phase III studies in China and will be filed for approval before the end of 2017. GlaxoSmithKline's daprodustat and Akebia/Takeda's vadadustat, is also in phase III testing which might be the first oral alternative to injectable EPO for anemia.
- Amgen, Inc.
- Biocon Limited
- Celltrion, Inc.
- Dr. Reddy's Laboratories Ltd.
- F. Hoffman-La Roche Ltd.
- Hospira, Inc.
- Intas Pharmaceuticals Ltd.
- Johnson & Johnson, Inc.
- LG Life Sciences Ltd.
- Ranbaxy Laboratories Ltd.
- Sun Pharmaceutical Industries Ltd.
- Teva Pharmaceutical Industries Ltd.
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