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Chemotherapy-Induced Neutropenia Treatment Market Trends

  • Report ID: GMI9292
  • Published Date: Apr 2024
  • Report Format: PDF

Chemotherapy-Induced Neutropenia Treatment Market Trends

The market is experiencing several notable trends that are shaping its growth and development. Factors such as growing demand for biosimilar, increasing focus on supportive care, rise in stem cell therapies, and surging need for integrated digital health solutions, among other factors are propelling the industry growth.
 

  • Biosimilar versions of colony-stimulating factors (CSFs), such as filgrastim and pegfilgrastim, are gaining traction in the market. These biosimilars offer comparable efficacy and safety profiles to their originator drugs but at potentially lower costs. Thus, increased adoption of biosimilars enhances competition in the market, potentially reducing treatment costs and expanding access to CIN therapies.
     
  • Moreover, advancements in molecular diagnostics and genomic profiling enable personalized treatment approaches tailored to individual patient characteristics, such as genetic predisposition and cancer type. Personalized medicine optimizes treatment efficacy and safety by targeting therapies to patients most likely to benefit, minimizing adverse effects and improving overall outcomes.
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Chemotherapy-induced neutropenia treatment market size was USD 584.2 million in 2023 and is expected to register 3.7% CAGR from 2024-2032 owing to the ongoing advancements in treatment options, growing use of chemotherapy, and increase in the cancer incidences worldwide.

The granulocyte colony-stimulating factor segment reached USD 328.5 million in 2023 due to its effectiveness in preventing and managing neutropenia, a common side effect of chemotherapy.

North America chemotherapy-induced neutropenia treatment industry recorded USD 212.7 million in 2023 and is expected to register a commendable CAGR from 2024-2032 due to high incidence of cancer, with millions of new cases diagnosed each year in the region.

Amgen Inc., Cellerant Therapeutics, Coherus BioSciences, Inc., Evive Biotech, Kyowa Kirin Co., Ltd., Novartis AG, Pfizer Inc., Sanofi, Spectrum Pharmaceuticals, and Teva Pharmaceutical Industries Ltd. are some of the major chemotherapy-induced neutropenia treatment companies worldwide.

Chemotherapy-Induced Neutropenia Treatment Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 150
  • Countries covered: 23
  • Pages: 110
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