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An Immersive Exploration of Darbepoetin Alfa Market: Unveiling Its Industry Landscape and Distinctive Segments || Johnson & Johnson, Amgen Inc., Mylan N.V., Teva Pharmaceutical Industries Ltd, Serum Institute of India Pvt. Ltd
Darbepoetin Alfa (Aranesp) Market
The Business Research Company's Darbepoetin Alfa (Aranesp) Global Market Report 2023 identifies the increase in the prevalence of chronic diseases is the major driver for the darbepoetin alfa (Aranesp) market's growth in the forecast period. A chronic disease is a form of illness that lasts three months or more and can deteriorate with time. Darbepoetin alfa is used to treat various chronic diseases, to reverse chemotherapy-induced anemia in cancer. For instance, in January 2023, according to the National Library of Medicine, a US-based agency, the number of people in the US aged 50 and older who have at least one chronic condition would increase by 99.5%, from 71.522 million in 2020 to 142.66 million by 2050.
The global darbepoetin alfa (Aranesp) market is expected to grow from $5.25 billion in 2022 to $5.56 billion in 2023 at a compound annual growth rate (CAGR) of 6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The darbepoetin alfa (Aranesp) market is expected to reach $6.73 billion in 2027 at a CAGR of 4.9%.
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Major competitors in the darbepoetin alfa (Aranesp) market are Johnson & Johnson, Amgen Inc., Mylan N.V., Teva Pharmaceutical Industries Ltd., Serum Institute of India Pvt. Ltd., Dr. Reddy's Laboratories Ltd., Cipla Ltd., Biocon Ltd., Reliance Life Sciences, Torrent Pharmaceuticals Ltd., 3SBio Inc., Cadila Healthcare Ltd., Dong-A ST Co. Ltd.
A key trend in the darbepoetin alfa (Aranesp) market includes product innovations. Major companies operating in the darbepoetin alfa market are adopting new technologies to sustain their position in the market. For instance, in February 2023, GlaxoSmithKline. Ltd, a UK-based pharmaceutical and biotechnology company, introduced the US Food and Drug Administration (FDA), a US-based government agency that approved Jesduvroq (daprodustat). Daprodustat, recombinant human erythropoietin (rhEPO, darbepoetin alfa or epoetin alfa), is an oral hypoxia-inducible factor prolyl hydroxylase inhibitor and is used once daily treatment of anemia brought on by chronic kidney disease (CKD) in people who have been on dialysis for at least four months.
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https://www.thebusinessresearchcompany.com/report/darbepoetin-alfa-aranesp-global-market-report
The Darbepoetin Alfa (Aranesp) market is segmented -
1) By Type: Epogen, Procrit, Aranesp, Other Types
2) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy
3) By Application: Patients with Chronic Kidney Disease, Patients with Cancer, Other Applications
4) By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the darbepoetin alfa market.
The Business Research Company's "Global Darbepoetin Alfa (Aranesp) Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Darbepoetin Alfa (Aranesp) Market Include:
1. Executive Summary
2. Darbepoetin Alfa (Aranesp) Market Characteristics
3. Darbepoetin Alfa (Aranesp) Market Trends And Strategies
4. Darbepoetin Alfa (Aranesp) Market - Macro Economic Scenario
5. Darbepoetin Alfa (Aranesp) Market Size And Growth
……………
27. Darbepoetin Alfa (Aranesp) Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Darbepoetin Alfa (Aranesp) Market
29. Darbepoetin Alfa (Aranesp) Market Future Outlook And Potential Analysis
30. Appendix
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