DUBLIN–(BUSINESS WIRE)–The “Neutropenia Biologic Drug Treatment Global Market Report 2021: COVID-19 Growth and Change to 2030” report has been added to ResearchAndMarkets.com’s offering.
The global neutropenia biologic drug treatment market is expected to grow from $11.55 billion in 2020 to $12.19 billion in 2021 at a compound annual growth rate (CAGR) of 5.5%. The market is expected to reach $14.45 billion in 2025 at a CAGR of 4%.
Major players in the neutropenia biologic drug treatment market are Teva Pharmaceutical, Amgen, Sanofi, Mylan, Kyowa Kirin, Baxter International, CVS Health Corp, Novartis, Spectrum Pharmaceuticals, and Partner Therapeutics.
The neutropenia biologic drug treatment market consists of sales of biologics used for the treatment of neutropenia and related services by entities (organizations, sole traders and partnerships) that produce biologics for neutropenia treatment. Neutropenia is a clinical condition characterized by a decrease in neutrophil count in the blood, resulting in a higher risk of developing serious infections. A neutrophil is a type of white blood cell, which helps in fighting infections.
The major causes of neutropenia include cancer chemotherapy, infections, bone marrow disorders, autoimmune disorders, and the use of specific drugs. The market consists of revenue generated by the company’s manufacturing the neutropenia biologic drugs by the sales of these products.
The neutropenia biologic drug treatment market covered in this report is segmented by drug type into filgrastim, pegfilgrastim, lenograstim, lipegfilgrastim, sargramostim. It is also segmented by treatment type into antibiotic drugs, granulocyte-colony-stimulating factor (G-CSF), antifungal drugs, others and by distribution channel into retail pharmacies, hospital pharmacies, online pharmacies.
The introduction of biosimilars as a result of patent expiry is expected to hamper the growth of the neutropenia biologic drug treatment market. Biosimilar is a therapeutic agent, which has high similarity with the original biological product in action but is available at a lower cost than the cost of the original product. Biosimilars are mostly priced at 70% of the branded drug price and are likely to replace expensive branded drugs. These less expensive alternatives increase competition in the biologics market putting downward pressure on pricing and market value growth.
The rise in the number of cancer cases across the globe is likely to contribute to the growth of the neutropenia biologic drugs market. Due to a growing cancer incidence and an increase in the number of people opting for chemotherapy, there has been an increasing incidence in the number of people suffering from neutropenia. Therefore, the rise in cancer incidence rate globally is anticipated to boost the demand for the neutropenia biologic drug treatment market over the forthcoming years.
Companies in the neutropenia biologic drug treatment market are increasingly investing in developing novel drug delivery systems to improve the therapeutic response of the drug and increase its efficacy. Novel drug delivery systems allow the delivery of a very high dose of drugs directly into the neutrophils, while the systemic dose remains low, thus disallowing side-effects.
Key Topics Covered:
1. Executive Summary
2. Neutropenia Biologic Drug Treatment Market Characteristics
3. Neutropenia Biologic Drug Treatment Market Trends and Strategies
4. Impact Of COVID-19 On Neutropenia Biologic Drug Treatment
5. Neutropenia Biologic Drug Treatment Market Size and Growth
5.1. Global Neutropenia Biologic Drug Treatment Historic Market, 2015-2020, $ Billion
5.1.1. Drivers Of the Market
5.1.2. Restraints On the Market
5.2. Global Neutropenia Biologic Drug Treatment Forecast Market, 2020-2025F, 2030F, $ Billion
5.2.1. Drivers Of the Market
5.2.2. Restraints On the Market
6. Neutropenia Biologic Drug Treatment Market Segmentation
6.1. Global Neutropenia Biologic Drug Treatment Market, Segmentation by Drug Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
- Filgrastim
- Pegfilgrastim
- Lenograstim
- Lipegfilgrastim
- Sargramostim
6.2. Global Neutropenia Biologic Drug Treatment Market, Segmentation by Treatment Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
- Antibiotic Drugs
- Granulocyte-Colony-Stimulating Factor (G-CSF)
- Antifungal Drugs
- Others
6.3. Global Neutropenia Biologic Drug Treatment Market, Segmentation by Distribution Channel, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
- Retail Pharmacies
- Hospital Pharmacies
- Online Pharmacies
7. Neutropenia Biologic Drug Treatment Market Regional and Country Analysis
7.1. Global Neutropenia Biologic Drug Treatment Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Neutropenia Biologic Drug Treatment Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
Companies Mentioned
- Teva Pharmaceutical
- Amgen
- Sanofi
- Mylan
- Kyowa Kirin
- Baxter International
- CVS Health Corp
- Novartis
- Spectrum Pharmaceuticals
- Partner Therapeutics
- Pfizer
- Myelo Therapeutics
- Cellerant Therapeutics
- Sandoz (Subsidary of Novartis AG)
- BeyondSpring Pharmaceuticals
- Enzychem Lifesciences Corporation
- Tianjin SinoBiotech
- S&D Pharma SK s.r.o.
- Generon (Shanghai) Corporation Ltd.
- PhytoHealth Corporation
- Dong-A ST Co.
For more information about this report visit https://www.researchandmarkets.com/r/kf3m3b
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900