G-CSF (Granulocyte Colony Stimulating Factors) Market Trends, Strategies, Size, Share And Analysis 2024-2033

"The Business Research Company recently released a comprehensive report on the Global G-CSF (Granulocyte Colony Stimulating Factors) Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, The g-csf (granulocyte colony stimulating factors) market size has grown steadily in recent years. It will grow from $8.84 billion in 2023 to $9.17 billion in 2024 at a compound annual growth rate (CAGR) of 3.8%. The growth in the historic period can be attributed to increase in cancer prevalence, strong economic growth in emerging markets, increased healthcare expenditure, increase in pharmaceutical r&d expenditure and government initiatives.

The g-csf (granulocyte colony stimulating factors) market size is expected to see steady growth in the next few years. It will grow to $10.98 billion in 2028 at a compound annual growth rate (CAGR) of 4.6%. The growth in the forecast period can be attributed to increasing prevalence of cancer, increasing demand for prophylaxis granulocyte colony-stimulating factor (g-csf), rise in healthcare expenditure, high potential of emerging economies, technology advances and high penetration of the biosimilar drugs. Major trends in the forecast period include investing extensively in r&d activities for the development of effective and innovative drugs, increasing focus on m&a growth strategies to expand the customer base and geographic markets, establishing strategic partnerships with the large players to expand their research and developments activities in new drug developments and focusing efforts towards the production of biosimilars for neutropenia treatment to improve revenues and product offerings.

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Market Drivers and Trends:

The increasing prevalence of cancer is a key factor driving the growth of the G-CSF (granulocyte colony stimulating factor) market. Cancer is considered to be the second major cause of death, with around 1 in 6 deaths due to cancer worldwide. For instance, in January 2023, according to the American Cancer Society, a US-based voluntary health organization dedicated to eliminating cancer, 1,958,310 new cancer cases and 609,820 cancer deaths are projected to occur in 2023 in the United States. G-CSF (granulocyte colony stimulating factor) is a class of growth factors that produce white blood cells in the bone marrow to minimize the risk of infection and sepsis. In cancer patients, G-CSF accelerates recovery and reduces mortality from neutropenia after chemotherapy for cancer. It can also reduce infections after certain forms of cancer treatment. Therefore, the increasing prevalence of cancer is expected to drive the growth of the G-CSF (granulocyte colony stimulating factor) market.

Companies in the G-CSF (granulocyte colony stimulating factor) market are focusing on strategic collaborations for developing innovative products and increasing market share. While companies have long collaborated with each other as well as with academic and research institutions in this market by way of partnerships, in or out-licensing deals, has been increasing over recent years. For example, in 2022, Evive Biotech, a Singapore-based biopharmaceutical company collaborated with Germany based pharmaceutical company, APOGEPHA to enter into an exclusive long-term license agreement for the commercialization of Efbemalenograstim alfa (F-627) in Germany and Switzerland. F-627 is a novel dimeric G-CSF long-acting fusion protein without pegylation.

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Major Key Players of the Market:

Atlas Air Worldwide Holdings, Cathay Pacific Airways Ltd, Air Transport Services Group Inc., Air Charter Service, Garuda Indonesia, ACC Aviation Ltd, Jet edge International, Air Partner, Thai Airways International Public Co., Ltd., Cargo Air Chartering, C R V Air Services, AFM Logistics Pvt Ltd, Shiprocket, Kerryindev Logistics Pvt Ltd, Schenker International (H.K.) Limited, Japan Airlines Co Ltd, Nippon Express, JHJ International Transportation Co Ltd, SINO Shipping, PDS International Pvt Ltd, Air China Cargo Co Ltd, SNCF Voyageurs, Air France-KLM Group, DPDgroup, Air France, CEVA Logistics, Geodis Freight & Logistics Services, RATP Dev, Transdev Group, Haulystic Ltd, Expeditors, Alinnza Trading London Ltd, Barrington Freight Ltd, Kite Freight Services, RWorld Express, Cool Cargo UK, United Aircraft Corporation (UAC), FedEx Corporation, United Parcel Service, A.P. Moller - Mærsk A/S, Stratos Jet Charters Inc, Cainiao Smart Logistics Network Limited, Air Cargo Charter Company, Bu Shames FZE, Iraq Gate Company, MATEEN Express, Fridenson Logistic Services Ltd, Challenge Airlines (IL) Ltd, South African Airways Cargo, Ethiopian Airlines Cargo

G-CSF (Granulocyte Colony Stimulating Factors) Market 2024 Key Insights:

• The g-csf (granulocyte colony stimulating factors) market size is expected to see steady growth in the next few years. It will grow to $10.98 billion in 2028 at a compound annual growth rate (CAGR) of 4.6%.
• Rising Prevalence Of Cancer Drives G-Csf Market Growth
• Strategic Collaborations Drive Innovation In G-Csf Market
• North America was the largest region in the G-CSF (granulocyte colony-stimulating factors) market in 2023

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