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Erythropoietin Drugs Market Trends

  • Report ID: GMI10624
  • Published Date: Aug 2024
  • Report Format: PDF

Erythropoietin Drugs Market Trends

Advancements in drug formulations for erythropoietin drugs have significantly transformed the landscape of anemia management. These innovations focus on enhancing the efficacy, safety, and patient convenience associated with erythropoietin therapies.
 

  • Newer formulations such as extended-release versions of erythropoietin drugs, allow for less frequent dosing. For example, darbepoetin-alfa has a longer half-life compared to epoetin-alfa, reducing the frequency of injections from weekly to once every two or three weeks.
     
  • The development of biosimilars has introduced cost-effective alternatives to original erythropoietin drugs. These products are highly similar to the reference biologics but offer potential cost savings without compromising efficacy or safety.
     
  • Innovations in novel drug delivery systems such as pre-filled syringes and auto-injectors, aim to improve patient compliance and ease of administration.
     
  • Additionally, advances in genetic engineering have led to the development of erythropoietin products with altered properties, such as modified glycosylation patterns, to enhance their biological activity and pharmacokinetics. These advances are helping the vendors to introduce new erythropoietin drugs, thereby propelling the revenue growth in the market.
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Erythropoietin drugs market size was valued at around USD 10.4 billion in 2023 and is estimated to grow at 4.5% CAGR from 2024 to 2032 owing to the rising prevalence of cancer.

The biosimilars segment in the market is forecast to reach USD 7 billion by 2032 as they are less expensive than their reference biologics, making healthcare more affordable.

The erythropoietin drugs market in the U.S. is projected to reach USD 5.8 billion by 2032 due to highly developed healthcare system with state-of-the-art medical facilities and advanced technology.

AstraZeneca PLC, Amgen, Inc., Biocon Limited, Celltrion, Inc., Dr. Reddy

Erythropoietin Drugs Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 284
  • Countries covered: 23
  • Pages: 159
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