Treating Anemia with Erythropoietin Drugs Market

Erythropoietin drugs are pharmacologically produced substances that replicate the function of the hormone erythropoietin in the body. Erythropoietin (EPO) is a growth factor naturally produced in the kidneys that stimulates the production of red blood cells in bone marrow.

Uses of Erythropoietin drugs

EPO drugs are generally used to treat various conditions marked by low red blood cell counts, such as anemia. They are also used in several conditions to boost athletic performance or to illicitly increase red blood cell production for doping in sports. Epoetin alfa, darbepoetin, and methoxy polyethylene glycol-epoetin beta are some examples of erythropoietin drugs.

EPO drugs can also be indicated to patients with chronic kidney disease, HIV/AIDS, or cancer, who are at risk of anemia due to reduced production of erythropoietin. EPO medications urge the body to produce more red blood cells, increasing its ability to carry oxygen and easing anemia symptoms.

What Are the Risk Factors?

• The most serious side effects of EPO are associated with a high risk of thrombotic events, especially in patients who are undergoing surgery.
• Frequent use of erythropoietin drugs can lead to a rise in blood viscosity due to increased erythrocyte production.
• In addition, there is a higher risk of developing venous thromboembolism, and some have suggested the use of antithrombotic prophylaxis in ESA therapy patients.
• Patients with certain forms of cancer, particularly breast cancer, head and neck cancer, non-small cell lung cancer, and cervical cancer, are susceptible to the risk of developing tumorigenesis.

Key Takeaways Related to Market Growth

1. The global erythropoietin drugs market was valued at USD 6.76 billion in 2022 and is expected to achieve USD 7.65 billion growth at a CAGR of 1.3% during the forecast period.
2. Increasing cases of anemia, growing demand for biosimilars, rising prevalence of chronic kidney disease, rising technological developments, growing prevalence of chronic kidney disease, and improving healthcare infrastructure are some of the prominent factors driving the erythropoietin drugs market growth.
3. Many key players operating in the pharmaceutical industry are investing in advanced technologies to stay ahead of the competition in the market. In January 2021, a novel and advanced production process for erythropoietin drugs was introduced, which enhances the efficiency, effectiveness, and scalability of production.

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What Is the Regional Status of Erythropoietin Drugs Market?

North America is predicted to witness significant growth in the erythropoietin drugs market owing to the presence of various companies emphasizing the development and use of development and use of erythropoietin drugs. In the U.S., the cost of erythropoietin drugs for patients with chronic kidney disease (CKD) or those receiving dialysis is covered by the Medicare program. In addition, the U.S. Food and Drug Administration (FDA) has authorized a number of erythropoietin medications, including Epogen, Aranesp, and Procrit, for the treatment of anemia.

Conclusion

Overall, the erythropoietin drugs market is likely to play a key role in addressing anemia, improving quality of life. Also, it promises enhanced treatment outcomes. However, it is important to consider potential risk factors associated with erythropoietin drug use.