Chemotherapy Induced Anemia Market to Reach $5 Billion, Globally, by 2032 at 6.3% CAGR: Allied Market Research

Home Chemotherapy Induced Anemia Market to Reach $5 Billion, Globally, by 2032 at 6.3% CAGR: Allied Market Research
Written by Doug Hampton
On

Increase in the prevalence of cancer and rise in demand for chemotherapy-induced anemia treatment drive the growth of the global chemotherapy-induced anemia market.

PORTLAND, Ore., June 20, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Chemotherapy Induced Anemia Market by Grade (Grade 1, Grade 2, and Grade 3 & 4), Treatment (Blood transfusion, Erythropoietin-Stimulating Agents, and Iron & Other Supplements), and End User (Hospital, Cancer Centers, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2032″. According to the report, the global Chemotherapy Induced Anemia market generated $2.7 billion in 2022, and is anticipated to generate $5 billion by 2032, witnessing a CAGR of 6.3% from 2023 to 2032.

Download Sample Copy- https://www.alliedmarketresearch.com/request-sample/10904 

Prime determinants of growth

The increase in the prevalence of cancer and the surge in demand for chemotherapy-induced anemia treatment drive the growth of the global chemotherapy-induced anemia market. However, the high cost of chemotherapy-induced anemia treatments is hampering the chemotherapy-induced anemia market growth. On the contrary, the development of novel therapies is expected to offer remunerative opportunities for expansion of the chemotherapy-induced anemia market during the forecast period.

Report coverage & details:

Report Coverage

Details

Forecast Period

2023–2032

Base Year

2022

Market Size in 2022

$2.7 billion

Market Size in 2032

$5.0 billion

CAGR

6.3 %

No. of Pages in Report

249

Segments covered

Grade, Treatment, End User, and Region

Drivers

Increase in the prevalence of cancer

Increase in demand for chemotherapy-induced anemia treatment

Opportunities

Development of novel therapies

Restraints

High cost of chemotherapy-induced anemia treatments

Side effects associated with erythropoiesis-stimulating agents

Covid-19 Scenario

  • The COVID-19 outbreak had negative impact on the growth of the global chemotherapy-induced anemia market.
  • The COVID-19 pandemi created several challenges for the market, such as disruption in the supply chains of many pharmaceutical companies, leading to shortages of therapeutic drugs and delaying the R&D activities new products.

Procure Complete Report at 20% Discount (249 Pages PDF with Insights, Charts, Tables, and Figures)
https://www.alliedmarketresearch.com/checkout-final/chemotherapy-induced-anemia-market

The grade 1 segment to maintain its leadership status throughout the forecast period

Based on grade, the grade 1 segment held the highest market share in 2022, accounting for more than three-fourths of the global chemotherapy-induced anemia market revenue, and is estimated to maintain its leadership status throughout the forecast period, due to an increase in the number of cancer patients diagnosed with early-stage chemotherapy-induced anemia. However, the same segment is also projected to manifest the fastest CAGR of 6.7% from 2023 to 2032.

The erythropoiesis stimulating agents segment to maintain its leadership status throughout the forecast period

Based on treatment, the erythropoiesis stimulating agents segment held the highest market share in 2022, accounting for more than four-fifths of the global chemotherapy-induced anemia market revenue and is estimated to maintain its leadership status throughout the forecast period, owing to the increase in use of ESAs as the primary treatment of anemia. However, it is also projected to manifest the highest CAGR of 6.5% from 2023 to 2032, due to a surge in the incidence of anemia in cancer patients.

The hospitals segment to maintain its leadership status throughout the forecast period

Based on end user, the hospitals segment held the highest market share in 2022, accounting for around two-fifths of the global chemotherapy-induced anemia market revenue, and is estimated to maintain its leadership status throughout the forecast period, due to an increase in hospital visits of cancer patients as hospitals are the primary site for cancer treatment. However, it is also projected to manifest the highest CAGR of 6.8% from 2023 to 2032,  due to a surge in the prevalence of cancer and surge in demand for chemotherapy-induced anemia treatment.

For Purchase Inquiry- https://www.alliedmarketresearch.com/purchase-enquiry/10904 

North America to maintain its dominance by 2032

Based on region, North America held the highest market share in terms of revenue in 2022, accounting for nearly half of the global chemotherapy-induced anemia market revenue, owing to rise in the prevalence of cancer, easy accessibility to treatment options, and the strong presence of market key players. However, the Asia-Pacific region is expected to witness the fastest CAGR of 7.5% from 2023 to 2032 and is likely to dominate the market during the forecast period, owing to the increase in awareness about chemotherapy-induced anemia among patients and healthcare professionals, availability of treatment options, and increase in healthcare expenditure across the region.

Leading Market Players: –

  • Pfizer Inc.
  • Dr. Reddy’s Laboratories Ltd.
  • F. Hoffmann-La Roche Ltd.
  • Johnson & Johnson
  • Amgen Inc.
  • Novartis AG
  • 3SBio Group
  • Bristol-Myers Squibb Company
  • FibroGen, Inc.
  • Astella Pharma.

The report provides a detailed analysis of these key players in the global chemotherapy-induced anemia market. These players have adopted different strategies such as product approval to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. 

Trending Reports in Healthcare Industry:

mHealth Market – Global Opportunity Analysis and Industry Forecast, 2021–2030

Biomaterials Market – Global Opportunity Analysis and Industry Forecast, 2021–2030

Flow Cytometry Market – Global Opportunity Analysis and Industry Forecast, 2021–2030

Healthcare IT Market – Global Opportunity Analysis and Industry Forecast, 2021–2030

MRI System Market – Global Opportunity Analysis and Industry Forecast, 2021–2030

AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model):

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

Get an access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
[email protected]
Web: https://www.alliedmarketresearch.com

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg

SOURCE Allied Market Research

Leave a Comment