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.
To Get More Information Visit At: http://www.bigmarketresearch.com/erythropoietin-market
Key Benefits
- Market estimation for geographies is derived from current market scenario and expected market trends
- The report provides for in-depth understanding of the market scenarios in various geographic regions so that key players can make plans to unveil opportunities in specific regions
- Impact analysis of top 10 factors to provide market situation to decision makers of surgical equipment market
- Value chain analysis, Porter’s five forces, top investment pockets are analyzed and presented in detail in the report
- 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
Key Audiences
- Research Institutes
- Pharmaceutical companies
- Academic Institutes
- Healthcare companies
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