How Will The Neutropenia Biologic Drug Treatment Market Grow In 2022?
The neutropenia biologic drug treatment market report from The Business Research Company covers growth-driving insights such as neutropenia biologic drug treatment market size, neutropenia biologic drug treatment market trends and drivers, neutropenia biologic drug treatment market segmentation, neutropenia biologic drug treatment market competitive landscape and more
The neutropenia biologic drug treatment market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of 7%, as per The Business Research Company’s market report!
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The Neutropenia Biologic Drug Treatment Market Size In 2022 And Forecast
The global neutropenia biologic drug treatment market is expected to grow from $10.22 billion in 2021 to $11.26 billion in 2022 at a compound annual growth rate (CAGR) of 10.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The neutropenia biologic drug treatment market is expected to reach $14.78 billion in 2026 at a CAGR of 7.0%.
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.
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Rise In The Number Of Cancer Cases Globally Is Driving The Growth Of The Neutropenia Biologic Drug Treatment Market
According to the American Cancer Society, there were 1.7 million new cases and 0.6 million cancer deaths in 2019 in the USA. 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.
Competitive Landscape And The Regional Analysis Of The Neutropenia Biologic Drug Treatment Market
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 Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the neutropenia biologic drug treatment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the neutropenia biologic drug treatment market.
Increasingly Investing In Developing Novel Drug Delivery Systems – A Key Trend In The Neutropenia Biologic Drug Treatment Market
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.
Neutropenia Biologic Drug Treatment Market Segmentation By The Business Research Company
1) By Drug Type: Filgrastim, Pegfilgrastim, Lenograstim, Lipegfilgrastim, Sargramostim
2) By Treatment Type: Antibiotic Drugs, Granulocyte-Colony-Stimulating Factor (G-CSF), Antifungal Drugs, Others
3) By Distribution Channel: Retail Pharmacies, Hospital Pharmacies, Online Pharmacies
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