About Chemotherapy Induced Anemia
Chemotherapy is the cancer treatment given to patients with different forms of cancer. Anemia is a condition of a decrease in the total amount of red blood cells or hemoglobin in the blood. Hemoglobin is an essential part of the red blood cells and binds oxygen. In the case of low or abnormal red blood cells, the cells in the body will not receive the appropriate amount of oxygen. Chemotherapy-induced anemia is primarily due to chemotherapy, which delays or limits the progression of treatment and contributes significantly to both fatigue and diminished quality of life. In the United States, patients with chemotherapy-induced anemia are treated with erythropoiesis-stimulating agents namely epoetin & darbepoetin.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Pfizer Inc. (United States), Tolero Pharmaceuticals, Inc. (United States), FibroGen Inc. (United States), Vifor Pharma AG (Switzerland), Orphan Biovitrum AB (Switzerland), Therapure Biopharma Inc. (Canada), SBI Pharmaceuticals Co., Ltd. (Japan), Panacea Biotec Limited (India) and Dr. Reddy’s Laboratories Ltd. (India) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Zydus Cadila (India) and 3SBio Inc. (China).
Segmentation Overview
AMA Research has segmented the market of Global Chemotherapy Induced Anemia market by and Region.
On the basis of geography, the market of Chemotherapy Induced Anemia has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Drug Type, the sub-segment i.e. Androxy Oral will boost the Chemotherapy Induced Anemia market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Type of Anemia, the sub-segment i.e. Mild Anemia will boost the Chemotherapy Induced Anemia market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Treatment Type, the sub-segment i.e. Erythropoiesis-Stimulating Agents (ESAs) will boost the Chemotherapy Induced Anemia market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospitals will boost the Chemotherapy Induced Anemia market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased awareness about chemotherapy-induced anemia among patients
Market Growth Drivers:
Growing Awareness Regarding CIA, Its Demand for Early Recognition, Prevention, and Prompt Treatment and Increasing Availability of Chemotherapy Agents in the Developed As Well As Developing Regions
Challenges:
Approval for Drugs and Technology from the Regulatory Bodies
Restraints:
Lower Efficacy of the Treating Drugs Resulting in the Decreased Patient Compliance
Opportunities:
Innovation in Identification Technology of CIA and Favorable Government Policies
Market Leaders and their expansionary development strategies
In 2022, Pfizer Inc. acquired Arena Pharmaceuticals, a clinical-stage company developing innovative potential therapies for the treatment of several immuno-inflammatory diseases.
In 2021, Dr. Reddy's launches Minoxidil for women following first-ever approval in India for the treatment of female pattern hair loss.
In the United States, Food and Drug Administration (FDA) is responsible for regulating and approving drugs and therapies, including those used for chemotherapy-induced anemia. Moreover, European Medicines Agency (EMA) is the regulatory agency responsible for evaluating and approving medicines in the European Union, including treatments for chemotherapy-induced anemia.
Key Target Audience
Chemotherapy Induced Anemia Drug Manufacturers, Raw Material Suppliers, Research Institutes, Healthcare Organization, End-Use Industry and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.