Erythropoietin is a glycoprotein hormone produced in the kidney that stimulates the production of red blood cells by bone marrow stem cells. Global market of bio-similar was accounted to $2.5 billion in 2011. Increase in incidence for anemia is due to chemotherapy, and increase in the number of dialysis patients is driving the growth for erythropoietin market. According to survey conducted by anemia.org, more than 550,000 people die due to cancer, out of which 80% people suffered from anemia. Erythropoietin market growth is hindered by latency in obtaining approval of EPO drug, and high cost of EPO hormone production in in-vitro condition. For Example, Celpoirtin (10000 iu) manufactured by Pristilon (Celon Labs) injection is valued at approximately $52.
Erythropoietin market has opportunities in reducing prices for drug to tap Asian market. However, increase in abuse of application of EPO is creating restrictions for this market in developing countries. This report provides in depth analysis of current market trends of EPO in developing countries. The report gives intelligence about clinical trials conducted by companies in their respective geographies.
Key companies included in report are, Amgen Inc., Hospira Inc., Johnson & Johnson, and Roche Diagnostics.
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- Market estimation for geographies is derived from current market scenario and expected market trends
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- Impact analysis of top 10 factors to provide market situation to decision makers of surgical equipment market
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- SWOT analysis and strategic developments included in the report for key market players are included to get better understanding of potential opportunities and challenges for companies
- Research Institutes
- Pharmaceutical companies
- Academic Institutes
- Healthcare companies
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