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Global Erythropoietin Drug Market 2018-2023 - Industry to Grow at a CAGR of 9.5% with F. Hoffmann-La Roche, Johnson & Johnson, Amgen, Hospira etc

04-06-2018 09:45 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Erythropoietin Drug Market

Erythropoietin Drug Market

Erythropoietin drug are used to stimulate the growth of the RBC production. This drugs are used during treatment of cancer, renal diseases, anemia and many more. Due to changing lifestyle and adoption of smoking by majority of population has led to increase the possibility for this diseases. Increasing number of this diseases is the major driving factor for the growth of this market. Beside this introduction of new and advanced drugs and increasing demand for the treatment for the diseases like cancer and AIDS has provided fuel for the growth of this market. Global erythropoietin drug market is expected to grow at a CAGR of 9.5 % and reach till 10.05 billion by end of 2023.

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On regional basis, Global Erythropoietin Drug Market is dominated by North America. Due to presence of huge population suffering from renal diseases and cancer has helped to grow this market in North America. Europe has the second largest market slightly less then North America. UK, Germany and France are the major contributor of erythropoietin drug market in Europe. Increasing healthcare spending in this countries has provided a push to the market. Asia Pacific Erythropoietin Drug Market is growing at a CAGR of 12.2 % during forecasted period. Due to increasing number of patients suffering from renal diseases, AIDS and cancer in this region has provided fuel for the growth of the market. Due to led development in pharmaceutical and medical sector erythropoietin drug market for Middle East and Africa is least.

Erythropoietin Drug Market - Intended Audience
• Pharmaceutical companies
• Research and Development (R&D) Companies
• Government and Independent Research Laboratories
• Contract Research Organizations (CROs)
• Medical Research Laboratories
• Academic Medical Institutes and Universities

Erythropoietin Drug Market - Segmentation
Global erythropoietin drug market is segmented on the basis of type of product into biosimilars, first generation formulation and second generation formulation. On the basis of application market is segmented as oncology, renal diseases, HIV and other and on the basis of end user they are segmented into hospital and pharmacy.

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Erythropoietin Drug Market - Competitive Analysis
The major key player for the global erythropoietin drug market are F. Hoffmann-La Roche (Switzerland), Johnson & Johnson (US), Amgen (US), Kyowa Hakko Kirin (Japan), Intas Pharmaceuticals (India), Teva Pharmaceutical Industries Ltd. (Israel), Biocon (India), Emcure Pharmaceuticals (India), Celltrion, Inc. (South Korea), Hospira (US), Dahua Pharmaceutical (China), LG Life Sciences Ltd. (Korea), 3SBio, Boehringer Ingelheim (US), BIOSIDUS (Argentina).
Due to increasing prevalence diseases like cancer and renal diseases across the globe many of the companies are in the race to introduce treatment. Companies are using a trend of strategic alliance and acquisition to gain the market and minimize the competition in the market.
Hoffmann-La Roche is a Swiss multinational healthcare companyoperates under pharmaceutical and diagnostic department. This company has introduced Recormon (Epoetin-beta) in the treatment of renal anemia in patients with chronic renal failure. This is the one of the most widely used drug.
Johnson & Johnson is an American multinational medical devices and pharmaceutical manufacturing company. EPOGEN® is the most famous drug by the company.
Amgen has introduced Aranesp (darbepoetin alfa) used for the treatment of anemia in patients with kidney disease. PROCRIT® (Epoetin alfa) is also one of the famous drug of this company.
Kyowa Hakko Kirin one of the leading company for erythropoietin drug has introduced ESPO® / NESP®. ESPO® is a human erythropoietin use in treatment of renal anemia. NESP® is a long lasting erythropoiesis stimulating agent (ESA) used in treatment of renal anemia with reduced administration frequency.

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Erythropoietin Drug Market - Regional Analysis
On regional basis, global erythropoietin drug market, North America contribute the largest market which is followed by Europe. Due to continuously increasing cancer population and patient suffering from renal diseases in North America helped to grow this market in North America. Beside this technological advance and governmental initiatives for research has provided fuel for the growth of the market. Asia Pacific is the third largest market and is the fastest growing market for erythropoietin drug market. While Middle East and Africa has the least contribution in global erythropoietin drug market.

Table of Content
1 INTRODUCTION
1.1 DEFINITION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS & LIMITATIONS
1.2.2.1 ASSUMPTIONS
1.2.2.2 LIMITATIONS
1.3 MARKET STRUCTURE:
2 RESEARCH METHODOLOGY
2.1 RESEARCH PROCESS:
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH:
3 MARKET DYNAMICS
3.1 DRIVERS
3.2 RESTRAINTS
3.3 OPPORTUNITIES
3.4 MACROECONOMIC INDICATORS
4 MARKET FACTOR ANALYSIS
….Continued

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: salesteam@marketresearchfuture.com

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