EPO Biosimilars - The Future of Erythropoietin Market – Projected Around USD 7 Billion By 2020: Radiant Insights,Inc
Erythropoietin is a hormone
produced by healthy kidneys. This hormone prompts the bone marrow to make the
red blood cells, which then carry oxygen throughout the body. Erythropoietin is
used to treat anemia resulting from kidney failure or cancer treatment. It is
considered to be an alternative to blood transfusions. Over the last few years,
the global erythropoietin industry has been showing a sluggish growth due to
patent expiry of biologic drugs. However, the biosimilar versions of these
drugs are expected to witness precipitous growth owing to their low cost.
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As per RNCOS report "EPO
Biosimilars - The Future of Erythropoietin Market", the global
erythropoietin market is anticipated to reach an approximate value of US$ 7
Billion by 2020. This report provides a detailed analysis of the current and
future market scenario of the global erythropoietin market. The report
highlights biosimilar erythropoietin at various stages of clinical development.
In addition, the report provides insight about the major drivers and
challenges, along with the latest trends and developments impacting the
industry growth.
The global erythropoietin market
has been segmented into biologic and biosimilar erythropoietin markets. The
report also highlights the various biologic and biosimilar erythropoietin drugs
currently available in the market. Furthermore, the global erythropoietin
market has also been segmented on the basis of their applications. Based on geography, the report divides the
market into the US, Europe, and Asia-Pacific.
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The last section of the report
discusses about the prominent players in global erythropoietin market. Market
share analysis of these players is also provided in the report. A brief
business overview and financial information about each of these players has been
provided along with their product portfolios. The recent development of every
player has also been presented in the report. Overall, the research contains
exhaustive information that will help clients in formulating market strategies
and assessing opportunity areas in the global erythropoietin market.
About Radiant Insights,Inc
Radiant Insights is a platform for companies looking to
meet their market research and business intelligence requirements. We assist
and facilitate organizations and individuals procure market research reports,
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of reports, covering over 40 key industries and a host of micro markets. In
addition to over extensive database of reports, our experienced research
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