PUBLISHER: DataM Intelligence | PRODUCT CODE: 1629913
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1629913
The global erythropoietin drugs market reached US$ 10.77 billion in 2024 and is expected to reach US$ 14.59 billion by 2032, growing at a CAGR of 7.9% during the forecast period 2025-2032.
Erythropoietin drugs are synthetic forms of the naturally occurring hormone erythropoietin (EPO), which is primarily produced by the kidneys. EPO plays a crucial role in regulating red blood cell production in the bone marrow, particularly in response to low oxygen levels in the blood. These drugs are primarily employed to treat anemia, especially in patients suffering from chronic kidney disease, those undergoing chemotherapy for cancer, or individuals with other conditions that hinder the body's ability to produce adequate red blood cells.
By stimulating the differentiation and proliferation of erythroid progenitor cells, erythropoietin drugs effectively increase red blood cell counts, which helps alleviate symptoms associated with anemia, such as fatigue and weakness.
Market Dynamics: Drivers & Restraints
Increasing prevalence of anemia
The increasing prevalence of anemia, particularly driven by chronic diseases such as chronic kidney disease (CKD) and cancer, is significantly propelling the growth of the erythropoietin drugs market. Anemia is a common complication in patients with CKD, as impaired kidney function leads to reduced production of erythropoietin, which is essential for red blood cell formation. For instance, according to the report by the National Institute of Health in 2024, Anemia of CKD typically develops when the GFR falls below 60 mL/min/1.73 m2, with up to 20% of patients at stage 3 CKD demonstrating anemia. At least 90% of patients who become dialysis-dependent will eventually develop anemia.
With the rising global anemia patients, driven by factors like aging populations, dietary changes, and the growing prevalence of diseases such as CKD, there is a growing need for effective treatments like erythropoietin-based drugs.
Additionally, cancer treatments, especially chemotherapy, often result in anemia due to their impact on bone marrow function. As the number of individuals diagnosed with CKD and cancer continues to rise globally, the demand for erythropoietin drugs increases, which are critical for stimulating red blood cell production and alleviating symptoms associated with anemia.
Adverse effects and safety concerns associated with erythropoietin drugs
The adverse effects associated with the erythropoietin drugs and the safety concerns associated are hindering the erythropoietin drugs market. While EPO drugs are effective in treating anemia, their overuse can lead to serious side effects. These include hypertension, cardiovascular events such as heart attacks or strokes, and thromboembolic events. In some cases, EPO drugs can increase the risk of blood clots or worsen underlying heart conditions, leading to severe health complications.
The global erythropoietin drugs market is segmented based on drug type, indication, route of administration, distribution channel, end-user, and region.
Epoetin alfa segment is expected to dominate the global erythropoietin drugs market share
The epoetin alfa segment is anticipated to lead the erythropoietin (EPO) drugs market due to its proven efficacy, widespread use, and cost-effectiveness. Epoetin alfa is primarily prescribed to treat anemia related to chronic kidney disease (CKD), chemotherapy, and other conditions. Its long-standing track of safety and effectiveness makes it a preferred choice for healthcare professionals in managing anemia.
The extensive clinical experience with epoetin alfa has resulted in its strong market presence, particularly in regions with well-developed healthcare systems. Additionally, the availability of both branded and biosimilar versions of epoetin alfa is allowing it to an accessible to a broader patient population.
Biosimilars, being more affordable alternatives to the original drug, have gained popularity and helped expand the reach of epoetin alfa therapies. The combination of these affordable biosimilars and the increasing prevalence of anemia, especially in conditions like CKD, is expected to further strengthen the dominance of the epoetin alfa segment in the EPO drugs market.
North America is expected to hold a significant position in the global erythropoietin drugs market share
North America is expected to hold a significant position in the erythropoietin (EPO) drugs market. The region's growth is driven by the incidence of anemia, a robust healthcare system, and ongoing advancements in medical research and treatment options. The region has a significant number of people suffering from chronic diseases such as chronic kidney disease (CKD), cancer, and diabetes, which are major contributors to anemia. For instance, according to the Centers for Disease Control and Prevention in 2024, more than 1 in 7 US adults, about 35.5 million people, or 14% are estimated to have CKD. This incidence is expected to increase the occurrence of anemia. As the prevalence of these conditions rises, the demand for effective treatments like erythropoietin drugs, which stimulate the production of red blood cells to address anemia, continues to grow.
Pharmaceutical companies, especially those located in the U.S. and Canada, are leading the way in the research and development of erythropoietin therapies. The presence of several pharmaceutical companies in the region is leading to the innovation of advanced and more effective drug formulations for managing anemia. For instance, In February 2023, GSK plc received the US Food and Drug Administration (FDA) approval for Jesduvroq (daprodustat), for the once-a-day treatment of anemia due to chronic kidney disease (CKD) in adults who have been receiving dialysis for at least four months.
Jesduvroq is the first innovative medicine for anemia treatment in over 30 years and the only HIF-PHI approved in the US, providing a new oral, convenient option for patients in the US with anemia of CKD on dialysis.
Furthermore, the increasing awareness of anemia and its related conditions, coupled with the demonstrated effectiveness of EPO drugs, is driving greater demand in North America. These combined factors are positioning North America as a major player in the global erythropoietin drugs market.
The major global players in the erythropoietin drugs market include Dr. Reddy's Laboratories Ltd., Otsuka Pharmaceutical Co., Ltd., Johnson & Johnson Services, Inc., Teva Pharmaceutical Industries Ltd., AbbVie Inc., Alkermes, Eli Lilly and Company, Bristol-Myers Squibb Company, Sumitomo Pharma Co., Ltd. and Pfizer Inc. among others.
The Global Erythropoietin Drugs market report delivers a detailed analysis with 60+ key tables, more than 50 visually impactful figures, and 176 pages of expert insights, providing a complete view of the market landscape.
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