Erythropoietin Stimulating Agents Market size was valued at USD 18.08 billion in 2024 and is likely to cross USD 63.91 billion by 2037, registering more than 10.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of erythropoietin stimulating agents is estimated at USD 19.65 billion.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
10.2% |
Base Year Market Size (2024) |
USD 18.08 billion |
Forecast Year Market Size (2037) |
USD 63.91 billion |
Regional Scope |
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The erythropoietin stimulating agents market is segmented by agent, by application and by region, out of which, the application segment is further divided into cancer, neural disorders, kidney disorders, anemia and others.
According to Centers for Disease Control and Prevention (CDC), 15% of total number of adults in the United States, i.e., around 37 million people were estimated to have chronic kidney disease in 2019.
On the basis of this, the kidney disorders segment is anticipated to hold the largest share in the market as a result of erythropoietin stimulating agents being used for the treatment of anemia among patients with chronic kidney disease. Additionally, the cancer segment is anticipated to hold a significant share in the erythropoietin stimulating agents market on account of growing use of erythropoietin for improving anemia in cancer patients. Data presented by the World Bank indicated that the prevalence of anemia among women between 15 and 49 years, i.e., of the reproductive age, is 32.8% in the world. Cancer-associated anemia interferes with cancer therapies, including chemotherapy, which increases the demand for these agents.
Our in-depth analysis of the global market includes the following segments:
By Agent |
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By Application |
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On the basis of regional analysis, the erythropoietin stimulating agents market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Asia Pacific industry is poised to hold largest revenue share by 2037, driven by growing developments and innovations in the field of medicine in the region. Moreover, the rising purchasing power of people and growth in medical tourism are anticipated to lead to the market growth as well. Erythropoietin stimulating agents have displayed high effectiveness when used in the treatment of various disorders such as neural disorders, cancer, chronic kidney disease (CKD) and anemia, among several others. The market for erythropoietin stimulating agents in North America is estimated to hold the largest share in the erythropoietin stimulating agents market on account of high occurrence of various disorders that eventually cause anemia in the region.
Author Credits: Radhika Pawar
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