Overview

Erythropoietin is a glycoprotein hormone synthesized in the bone marrow that controls and regulates the mechanism of erythropoietin (manufacturing of pink blood cells). The erythropoietin (EPO) tablets are used for remedy of chemotherapy-brought about anemia, anemia is a common side-impact happening due to chemotherapy of ceasing degree renal illnesses (ESRD), most cancers and HIV. Improved recombinant DNA generation has brought about an improvement of artificial styles of erythropoietin together with epoetin alfa, epoetin beta, Darbepoetin alfa, epoetin omega, and epoetin delta among the others.

Erythropoietin alfa is widely used to treat anemia and boom the red blood cells count number in the frame. Erythropoietin capsules are advanced in vitro by extracting the erythropoietin from the human frame and developing it via the usage of recombinant DNA technology. Erythropoietin capsules are also used to treat anemia brought on from most cancers, multiple myeloma and HIV related anemia.

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Asia Pacific Erythropoietin drugs market turned into really worth USD 1.99 billion in 2018 and expected to be growing at a CAGR of 9.87%, to attain USD 3.18 billion by 2023.

Drivers and Restraints:

The Erythropoietin drugs market is hence pushed by means of growing a wide variety of sufferers stricken by anemic condition triggered because of cancer, HIV and ESRD remedy; favorable reimbursements and growing commercialization of EPO biosimilars. Among all artificial erythropoietin products, Epoetin alfa and its boost version, Darbepoetin alfa, are the maximum famous capsules. Epoetin alfa and Darbepoetin alfa together accounted for ~eighty% of total EPO capsules marketplace sales.

However, expiration of Amgen’s patent for Epogen has aided manufacturers of biosimilars to enter the EPO drugs market.

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Geographic Segmentation

On the basis of geography, the market is analyzed below numerous areas namely China, India, Japan, Australia, and South Korea. Asia Pacific is expected to grow at an excessive CAGR. Asia Pacific location is developing with maximum CAGR rate. Excessive prevalence cost of hematological illnesses in international locations inclusive of India, China, Bangladesh, and Pakistan is using the erythropoietin drugs market in the Asia Pacific.

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The main players of the market include Johnson & Johnson, Celltrion, Inc, Teva Pharmaceutical Industries Ltd., Sun Pharmaceutical Industries Ltd., Dr. Reddy’s Laboratories Ltd.Amgen, Inc., F. Hoffmann-La Roche Ltd., LG Life Sciences Ltd., Biocon Limited and Intas Pharmaceuticals Ltd.

 

Scope of the report

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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