Press release
Darbepoetin Alfa (Aranesp) Market Size Forecasted To Achieve $7.51 Billion By 2029 With Steady Growth
Darbepoetin Alfa (Aranesp)
What Is the Darbepoetin Alfa (Aranesp) Market Size and Projected Growth Rate?
The Darbepoetin Alfa (Aranesp) Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Darbepoetin Alfa (Aranesp) Market Size and Projected Growth Rate?
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What Are the Major Segments in the Darbepoetin Alfa (Aranesp) Market?
The darbepoetin alfa (aranesp) market covered in this report 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
Subsegments:
1) By Epogen: Standard Formulations, Enhanced Formulations
2) By Procrit: Standard Formulations, Biosimilars
3) By Aranesp: Single-Dose Vials, Multi-Dose Vials
4) By Other Types: Combination Therapies, Alternative Erythropoiesis-Stimulating Agents
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What Are The Driving Darbepoetin Alfa (Aranesp) Market Evolution?
The darbepoetin alfa market's growth is anticipated to be fueled by the escalating prevalence of chronic ailments. These diseases, which often worsen over time, typically persist for more than three months. Darbepoetin alfa has been shown to be effective in treating a variety of these long-term ailments, in addition to countering anemia triggered by cancer chemotherapy. For example, in June 2024, the Australian Institute of Health and Welfare-a statutory authority of the Australian Government-reported that chronic diseases caused 171,500 fatalities in 2022. This was equivalent to 90% of all deaths that year, amounting to a rate of 659 per every 100,000 individuals. While it dipped to 448 per 100,000 in 2020, the age-standardized death rate due to chronic conditions subsequently rose to 459 in 2021 and 490 in 2022. Consequently, the escalating prevalence of chronic diseases is propelling the darbepoetin alfa market's expansion.
Which Firms Dominate The Darbepoetin Alfa (Aranesp) Market Segments?
Major companies operating in the darbepoetin alfa (aranesp) market include 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., Chong Kun Dang Holdings, Hetero Drugs Ltd., Intas Pharmaceuticals Ltd., Avesthagen Pharma, Stada Arzneimittel AG, Ranbaxy Laboratories Ltd., Sandoz International GmbH, Shandong Kexing Bioproducts Co. Ltd., Kyowa Kirin Co. Ltd., Polifarma S.p.A.
What Trends Are Expected to Dominate the Darbepoetin Alfa (Aranesp) Market in the Next 5 Years?
One prominent trend observed in the darbepoetin alfa market is product innovation. Key players in the market are embracing cutting-edge technologies to maintain their competitiveness. For example, in February 2023, GlaxoSmithKline Ltd., a leading pharmaceutical and biotechnology company based in the UK, launched Jesduvroq (daprodustat), which received approval from the US Food and Drug Administration (FDA). This medication, essentially darbepoetin alfa, also referred to as recombinant human erythropoietin or epoetin alfa, is an oral hypoxia-inducible factor prolyl hydroxylase inhibitor. It is prescribed as a daily treatment for anemia resulting from chronic kidney disease (CKD) in patients who have been on dialysis for a minimum of four months.
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Which Is The Largest Region In The Darbepoetin Alfa (Aranesp) Market?
North America was the largest region in the darbepoetin alfa (Aranesp) market in 2024. The regions covered in the darbepoetin alfa (Aranesp) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Darbepoetin Alfa (Aranesp) Market?
2. What is the CAGR expected in the Darbepoetin Alfa (Aranesp) Market?
3. What Are the Key Innovations Transforming the Darbepoetin Alfa (Aranesp) Industry?
4. Which Region Is Leading the Darbepoetin Alfa (Aranesp) Market?
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