Erythropoietin Drugs Market Trends

  • Report ID: 6685
  • Published Date: Nov 13, 2024
  • Report Format: PDF, PPT

Erythropoietin Drugs Market Trends

Growth Drivers

  • Therapeutic use in neurodegenerative conditions: The global prevalence of neurodegenerative diseases like Alzheimer’s and Parkinson’s disease is rising rapidly. Alzheimer's disease is the most common type of dementia, accounting for 50-70% of cases and affecting about 50 million people worldwide. The World Health Organization estimates that 5 to 8% of adults over the age of 60 have dementia, with Alzheimer's disease being the most common type. Currently, it is anticipated that 6.5 million U.S. residents aged 65 and older suffer from Alzheimer's disease; by 2060, this figure is expected to rise to 13.8 million.

    Studies have shown that EPO can cross the blood-brain barrier and may reduce inflammation, oxidative stress, and cell apoptosis, factors contributing to cognitive decline. This has led researchers to explore EPO’s role in managing neurodegenerative conditions and improving the quality of life for patients.
  • Advancements in drug development: Innovations in formulations, biosimilars, and drug delivery systems expanding treatment options and accessibility are driving the erythropoietin drugs market. New formulations that offer extended or sustained release are improving patient convenience and adherence. Long-acting EPO formulations reduce the need for frequent dosing, which is particularly beneficial for patients with chronic conditions requiring ongoing anemia treatment. Long-acting variants such as darbepoetin alfa and epoetin beta pegol allow for once-weekly or even once-monthly administration, as opposed to multiple doses per week with older formulations.

    Moreover, researchers are developing next-generation EPO analogs and derivatives designed to enhance the effectiveness of treatment and reduce side effects. These drugs aim to be more selective and may exhibit a reduced risk of complications, such as blood clots, that have been associated with some EPO treatments. This also encourages adoption among a wider range of patients, including those with heightened sensitivity or comorbid conditions.
  • Rising awareness and improved diagnostics: Rising awareness and improved diagnostic capabilities are significantly driving the erythropoietin drugs market, as they enable earlier detection and more precise treatment of anemia-related conditions. Modern diagnostic tools such as automated complete blood count (CBC) analyzers and more sensitive biochemical markers, are enabling earlier and more accurate anemia diagnosis.

    Several key players are innovating and launching advanced CBC analyzers that support early and accurate diagnosis of anemia, indirectly driving demand for EPO drugs. For instance, Sysmex is a global leader in hematology diagnostics, offering a range of CBC analyzers, including the Sysmex XN-Series and XE-Series. These analyzers provide high accuracy and advanced diagnostic features, such as the ability to detect abnormal cells and reticulocyte counts, which are useful for anemia diagnosis.

Challenges

  • High treatment costs: EPO drugs can be costly, especially branded versions, making them less accessible in low and middle-income regions. Although biosimilars have improved affordability, price remains a barrier in many countries with limited healthcare funding, affecting EPO adoption rates.
  • Side effects and safety concerns: EPO drugs can cause adverse effects, such as hypertension, blood clots, stroke, and in some cases, increased tumor progression in cancer patients. These safety risks have led to regulatory restrictions on EPO use, especially for off-label applications, limiting its erythropoietin drugs market potential.

Erythropoietin Drugs Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

4.8%

Base Year Market Size (2024)

USD 10.90 billion

Forecast Year Market Size (2037)

USD 20.04 billion

Regional Scope

  • North America (U.S., and Canada) 
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia-Pacific) 
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) 
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America) 
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa) 
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Author Credits:  Radhika Pawar


  • Report ID: 6685
  • Published Date: Nov 13, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The erythropoietin drugs sector registered a profitable valuation of USD 10.90 billion in 2024 and is projected to expand at a CAGR of 4.8% during the forecast period, i.e., 2025-2037.

The global erythropoietin drugs sector was valued at USD 10.90 billion in 2024 and is projected to register USD 20.04 billion in 2037, expanding at a profitable CAGR of 4.8% during the forecast period, i.e., 2025-2037.

The major players in the market are Amgen, Inc., Biocon Limited, Celltrion, Inc., Dr. Reddy’s Laboratories Ltd., F. Hoffmann-La Roche Ltd., Intas Pharmaceuticals Ltd., Johnson & Johnson, Kyowa Kirin Co., Ltd, and others.

By product type, the biosimilars segment is estimated to reach USD 8.8 billion by 2037. EPO drugs, which are used primarily to treat anemia associated with CKD, cancer chemotherapy, and other chronic illnesses, have long been dominated by branded biologic products.

North America EPO drugs market is poised to register the largest share of 26.6% by 2037. The market in the region is largely driven by high prevalence rates of chronic CKD and cancer, which often result in anemia.
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