Global Neutropenia Biologic Drug Treatment Market Size, Forecasts, And Opportunities
Learn about the global neutropenia biologic drug treatment market through The Business Research Company, which provides information on neutropenia biologic drug treatment market size, neutropenia biologic drug treatment market drivers and restraints, neutropenia biologic drug treatment market players, the COVID-19 impact on the neutropenia biologic drug treatment market, and more.
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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 growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The neutropenia biologic drug treatment market is expected to reach $14.45 billion in 2025 at a CAGR of 4%.
The rise in the number of cancer cases across the globe is expected to drive innovation in neutropenia biologic drug treatment, thus driving the market during the forecast period.
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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.
Global neutropenia biologic drug treatment market segments include:
By Drug Type: Filgrastim, Pegfilgrastim, Lenograstim, Lipegfilgrastim, Sargramostim
By Treatment Type: Antibiotic Drugs, Granulocyte-Colony-Stimulating Factor (G-CSF), Antifungal Drugs, Others
By Distribution Channel: Retail Pharmacies, Hospital Pharmacies, Online Pharmacies
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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.
TBRC’s neutropenia biologic drug treatment market report covers:
Major Market Players: Teva Pharmaceutical, Amgen, Sanofi, Mylan, Kyowa Kirin, Baxter International, CVS Health Corp, Novartis, Spectrum Pharmaceuticals, and Partner Therapeutics.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The Neutropenia Biologic Drug Treatment Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides neutropenia biologic drug treatment market overviews, analyzes and forecasts market size, share, neutropenia biologic drug treatment market players, neutropenia biologic drug treatment market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s neutropenia biologic drug treatment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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