Report Description
Chemotherapy Induced Anemia Market Outlook 2031
The global chemotherapy induced anemia market size was valued at USD 2.70 Billion in 2022 and is projected to reach USD 4.68 Billion by 2031, expanding at a CAGR of 6.3% during the forecast period, 2023-2031. The market growth is attributed to the increasing number of anemia cases among the geriatric population and the rise in the incidence of cancer.
Furthermore, several initiatives taken by various organizations to spread awareness among people regarding such diseases present a key aspect of the market. Anemia is a health condition when the total amount of red blood cells decreases in the blood or the red blood cells present in the body are dysfunctional.
Oxygen binds with red blood cells with the help of hemoglobin, which acts as an essential part. The different organs of the body do not get the required amount of oxygen when the number of red blood cells is low or abnormal. Common symptoms of anemia are shortness of breath, dizziness, fatigue, having a fast heartbeat, and skin pallor.
Anemia can be caused due to deficiency of iron or having low vitamin levels. When the normal tissues are invaded by malignant, it leads to blood loss. Deficiency of iron that is functional and disruption of erythropoiesis with bone marrow infiltration can result in chemotherapy induced anemia.
Crucial outcomes of chemotherapy cause chemotherapy induced anemia. When an individual is diagnosed with chemotherapy induced anemia, it is quite possible that it may cause a delay to the therapy and is also expected to result in dropping off the life quality and induces fatigue.
Chemotherapy Induced Anemia Market Trends, Drivers, Restraints, and Opportunities
- Side effects caused by the treatment of cancer and the rise in the incidence of anemia in cancer patients due to several causes are expected to fuel the market growth.
- Increasing chronic inflammatory conditions and invasion of bone marrow are some of the major factors anticipated to drive the market expansion in the coming years.
- Advancement & innovation along with improvement in pipeline products are other key factors estimated to boost the market growth during the forecast period.
- Risk associated with treatment and side effects caused due to drugs are key challenges that can restrain the growth of the market during the forecast period.
- Presence of favorable reimbursement policies is projected to create lucrative opportunities for the growth of the market in the coming years.
Scope of Chemotherapy Induced Anemia Market Report
The report on the global chemotherapy induced anemia market includes an assessment of the market, trends, and segments. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Chemotherapy Induced Anemia Market – Global Industry Analysis, Growth, Share, Size, Trends, And Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Ranges of Anemia (Mild Anemia, Moderate Anemia, Severe Anemia, and Life-threatening Anemia), Treatment Types (RBC Transfusions, Iron Supplementation, and Erythropoiesis Stimulating Agents), Drug Types (Epogen Injection, Androxy Oral, Aranesp Injection, Epoetin Alfa Injection, Procrit Injection, and Others), and End-users (Ambulatory Surgical Centers, Hospitals, Multispecialty Clinics, Cancer Rehabilitation Centers, and Cancer Research Centers)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Pfizer Inc.; Panacea Biotec.; Therapure Biopharma Inc.; Panacea Biotec Limited; SBI Pharmaceuticals Co., Ltd.; 3SBio Inc.; Tolero Pharmaceuticals, Inc.; Vifor Pharma AG; and Dr. Reddy’s Laboratories Ltd.
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Chemotherapy Induced Anemia Market Segment Insights
Ranges of Anemia Segment Analysis
Based on ranges of anemia, the global chemotherapy induced anemia market is divide into mild anemia, moderate anemia, severe anemia, and life-threatening anemia.
The severe anemia segment is projected to hold a key market share in the coming years owing to wide number of patients having this range group. Moreover, patients of this group are mostly recommended by medical professionals to undergo urgent chemotherapy technique to stop further spread of the disease.
Treatment Segment Analysis
On the basis of treatment types, the market is segregated into RBC transfusions, iron supplementation, and erythropoiesis stimulating agents. The RBC transfusions segment is a fast-growing domain and is anticipated to register a high CAGR during the forecast period owing to wide adoption of the treatment method as it is a first-line approach for the disease treatment.
Drug Types Segment Analysis
In terms of drug types, the global chemotherapy induced anemia market is categorized as epogen injection, androxy oral, aranesp injection, epoetin alfa injection, procrit injection, and others. The epogen injection segment is expected to grow substantially during the projected period owing to the high adoption and wide availability of the drugs.
End-users Segment Analysis
Based on end-users, the market is segmented into ambulatory surgical centers, hospitals, multispecialty clinics, cancer rehabilitation centers, and cancer research centers. The cancer research centers segment is anticipated to register a high CAGR during the forecast period owing to extensive research on the field and availability of advanced technology for chemotherapy techniques.
However, the hospitals segment is projected to account for a key market share in the coming years owing to easy accessibility of hospitals and presence of highly specialized doctors and medical staffs.
Regional Outlook
In terms of regions, the global chemotherapy induced anemia market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in Asia Pacific held a large share of the market in 2019, which was followed by North America and Europe.
The market growth in Asia Pacific is expected to constitute a large market share during the forecast period attributed to innovations in the field of chemotherapy induced anemia, an enormous amount of awareness among people regarding such diseases, advancement of technologies for healthcare infrastructure, and initiatives taken by various governments in the region.
On the other hand, the market of Middle East & Africa is expected to grow at an extensive rate during the targeted period owing to increasing insubstantial expenditure for healthcare and the increasing number of people diagnosed with anemia in cancer patients.
Segments
The global chemotherapy induced anemia market has been segmented on the basis of
Ranges of Anemia
- Mild Anemia
- Moderate Anemia
- Severe Anemia
- Life-threatening Anemia
Treatment Types
- RBC Transfusions
- Iron Supplementation
- Erythropoiesis Stimulating Agents
Drug Types
- Epogen Injection
- Androxy Oral
- Aranesp Injection
- Epoetin Alfa Injection
- Procrit Injection
- Others
End-users
- Ambulatory Surgical Centers
- Hospitals
- Multispecialty Clinics
- Cancer Rehabilitation Centers
- Cancer Research Centers
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Pfizer, Inc.
- Clovis Oncology
- Celgene Corp.
- Amgen, Inc.
- Novartis AG
- PharmaCyte Biotech
- F. Hoffmann-La Roche AG
- IncTeva Pharmaceutical Industries Ltd.
- Merck & Co., Inc.
- Eli Lilly and Co.
Competitive Landscape
Key players competing in the global chemotherapy induced anemia market are Pfizer, Inc.; Clovis Oncology; Celgene Corp.; Amgen, Inc.; Novartis AG; PharmaCyte Biotech; F. Hoffmann-La Roche AG; IncTeva Pharmaceutical Industries Ltd.; Merck & Co., Inc.; and Eli Lilly and Co.
Many of these players have adopted business strategies such as the launch of new products, the advancement of technologies, mergers, partnerships, and production capacity expansion to increase their market position and expand their consumer base globally.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Chemotherapy Induced Anemia Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Chemotherapy Induced Anemia Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Chemotherapy Induced Anemia Market - Supply Chain
4.5. Global Chemotherapy Induced Anemia Market Forecast
4.5.1. Chemotherapy Induced Anemia Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Chemotherapy Induced Anemia Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Chemotherapy Induced Anemia Market Absolute $ Opportunity
5. Global Chemotherapy Induced Anemia Market Analysis and Forecast by End Users
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by End Users
5.2.2. Y-o-Y Growth Projections by End Users
5.3. Chemotherapy Induced Anemia Market Size and Volume Forecast by End Users
5.3.1. Ambulatory Surgical Centers
5.3.2.
Hospitals
5.3.3.
Multispecialty Clinics
5.3.4.
Cancer Rehabilitation Centers
5.3.5.
Cancer Research Centers
5.4. Absolute $ Opportunity Assessment by End Users
5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Chemotherapy Induced Anemia Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Chemotherapy Induced Anemia Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Chemotherapy Induced Anemia Demand Share Forecast, 2019-2026
7. North America Chemotherapy Induced Anemia Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Chemotherapy Induced Anemia Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Chemotherapy Induced Anemia Market Size and Volume Forecast by End Users
7.4.1. Ambulatory Surgical Centers
7.4.2.
Hospitals
7.4.3.
Multispecialty Clinics
7.4.4.
Cancer Rehabilitation Centers
7.4.5.
Cancer Research Centers
7.5. Basis Point Share (BPS) Analysis by End Users
7.6. Y-o-Y Growth Projections by End Users
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Chemotherapy Induced Anemia Demand Share Forecast, 2019-2026
8. Latin America Chemotherapy Induced Anemia Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Chemotherapy Induced Anemia Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Chemotherapy Induced Anemia Market Size and Volume Forecast by End Users
8.4.1. Ambulatory Surgical Centers
8.4.2.
Hospitals
8.4.3.
Multispecialty Clinics
8.4.4.
Cancer Rehabilitation Centers
8.4.5.
Cancer Research Centers
8.5. Basis Point Share (BPS) Analysis by End Users
8.6. Y-o-Y Growth Projections by End Users
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Chemotherapy Induced Anemia Demand Share Forecast, 2019-2026
9. Europe Chemotherapy Induced Anemia Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Chemotherapy Induced Anemia Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Chemotherapy Induced Anemia Market Size and Volume Forecast by End Users
9.4.1. Ambulatory Surgical Centers
9.4.2.
Hospitals
9.4.3.
Multispecialty Clinics
9.4.4.
Cancer Rehabilitation Centers
9.4.5.
Cancer Research Centers
9.5. Basis Point Share (BPS) Analysis by End Users
9.6. Y-o-Y Growth Projections by End Users
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Chemotherapy Induced Anemia Demand Share Forecast, 2019-2026
10. Asia Pacific Chemotherapy Induced Anemia Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Chemotherapy Induced Anemia Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Chemotherapy Induced Anemia Market Size and Volume Forecast by End Users
10.4.1. Ambulatory Surgical Centers
10.4.2.
Hospitals
10.4.3.
Multispecialty Clinics
10.4.4.
Cancer Rehabilitation Centers
10.4.5.
Cancer Research Centers
10.5. Basis Point Share (BPS) Analysis by End Users
10.6. Y-o-Y Growth Projections by End Users
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Chemotherapy Induced Anemia Demand Share Forecast, 2019-2026
11. Middle East & Africa Chemotherapy Induced Anemia Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Chemotherapy Induced Anemia Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Chemotherapy Induced Anemia Market Size and Volume Forecast by End Users
11.4.1. Ambulatory Surgical Centers
11.4.2.
Hospitals
11.4.3.
Multispecialty Clinics
11.4.4.
Cancer Rehabilitation Centers
11.4.5.
Cancer Research Centers
11.5. Basis Point Share (BPS) Analysis by End Users
11.6. Y-o-Y Growth Projections by End Users
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Chemotherapy Induced Anemia Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Chemotherapy Induced Anemia Market: Market Share Analysis
12.2. Chemotherapy Induced Anemia Distributors and Customers
12.3. Chemotherapy Induced Anemia Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Pfizer, Inc.
12.4.2.
Clovis Oncology
12.4.3.
Celgene Corp.
12.4.4.
Amgen, Inc.
12.4.5.
Novartis AG
12.4.6.
PharmaCyte Biotech