G-CSF/PEG-G-CSF Market By Emerging Trends, Business Strategies, Developing Technologies, Revenue and Competitive Landscape
G-CSF/PEG-G-CSF Market report not only aids to save valuable time but also adds credibility to the work that has been done to grow the business. By applying market intelligence for this market report, industry expert measure strategic options, summarize successful action plans and support companies with critical bottom-line decisions. To accomplish maximum return on investment (ROI), it’s very essential to be acquainted with market parameters such as brand awareness, market landscape, possible future issues, industry trends and customer behaviour where this report comes into play. Another major part of wide ranging G-CSF/PEG-G-CSF Market report is the competitive landscape which gives a clear insight into the market share analysis and actions of key industry players.
Data Bridge Market Research analyzes that the global G-CSF/ PEG-G-CSF market is expected to reach the value of USD 5,685.40 million by 2030, at a CAGR of 5.5% during the forecast period. This market report also covers pricing analysis, patent analysis, and technological advancements in depth.
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Drivers
- Growing incidences of blood cancers and cancer diseases
Cancer is a general term for many diseases that can affect any part of the body. Other terms used for cancer are malignant tumors and neoplasm. One of the characteristics of cancer is the rapid formation of abnormal cells that grow beyond normal limits and can invade neighboring parts of the body and spread to other organs; the latter process is called metastasis. Extensive metastases are the leading cause of cancer death.
Filgrastim is a granulocyte colony-stimulating factor (GCSF) that helps increase the number of neutrophils in the blood. Filgrastim and pegfilgrastim are highly used to increase white blood cells after cancer chemotherapy or radiation therapy.
- Increasing cases of febrile neutropenia
Febrile neutropenia refers to fever during significant neutropenia. If a patient is neutropenic, their risk of infection may be higher than usual, and the severity of a particular infection may also be higher. Febrile neutropenia is the most common life-threatening complication of cancer treatment; its treatment is often an oncological emergency.
Febrile neutropenia is neutropenia accompanied by fever. Neutropenia refers to a decrease in the concentration of neutrophils in the blood. Neutrophils are a type of white blood cell that help fight infections as part of the immune system. The Infectious Diseases Society of America defines neutropenia as an absolute neutrophil count (ANC) of less than 1500 cells/mm3. The risk of infection and neutropenic fever increases dramatically with severe neutropenia, defined as an absolute neutrophil count (ANC) of less than 500 cells/mm3. Fever is defined as a single oral temperature greater than or equal to 101° Fahrenheit (38.3° Celsius) or a persistent temperature greater than or equal to 100.4° Fahrenheit (38.0° Celsius) or greater for one hour or longer.
Recent Developments
- In July 2018, Accord Healthcare, a subsidiary of Intas Pharmaceuticals Ltd., launched a pegfilgrastim biosimilar across Europe after being given Green Light for Pelgraz® (pegfilgrastim) by CHMP (Committee for Medicinal Products for Human Use). This product launched helped the company to expand their business across Europe.
- In March 2022, Kashiv Biosciences announced the approval of its Biologics License Application (BLA) for filgrastim-ayow, a biosimilar referencing Neupogen by U.S. Food and Drug Administration (FDA). The product is marketed under the proprietary name RELEUKO.
Increasing incidence of neutropenia is expected to drive the market’s growth rate
The increasing incidence of neutropenia, a condition marked by low neutrophil levels, is a significant driver for the G-CSF (Granulocyte Colony-Stimulating Factor) and PEG-G-CSF (Pegylated Granulocyte Colony-Stimulating Factor) market. Neutropenia commonly occurs as a side effect of chemotherapy and certain diseases, necessitating treatments to stimulate the production of white blood cells. G-CSF and PEG-G-CSF are used in such cases to enhance the body’s ability to produce neutrophils, leading to a higher demand for these medications.
Major Players
Data Bridge Market Research recognizes the following companies as the major G-CSF PEG-G-CSF market players in G-CSF PEG-G-CSF market are USV Private Limited (India), Viatris Inc. (U.S.), Biocon (India), Fresenius Kabi AG (Germany), Hangzhou Jiuyuan Gene Engineering Co., Ltd. (China), Amgen Inc. (U.S.), Pfizer Inc. (U.S.), Sandoz International GmbH (Germany), Apotex Inc. (Canada), Cadila Pharmaceuticals (India)
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What benefits does the DBMR study is going to provide?
- Latest industry influencing trends and development scenario
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments
G-CSF/ PEG-G-CSF Market Scope
GLOBAL G-CSF / PEG-G-CSF MARKET, BY INDICATION
- Neutropenia
- Oncology
- Chronic And Autoimmune Diseases
- Blood Disorders
- Growth Hormone Deficiency
- Others
On the basis of indication the global G-CSF/PEG-G-CSF is further segmented into neutropenia, oncology, chronic and autoimmune diseases, blood disorders, growth hormone deficiency and others.
GLOBAL G-CSF / PEG-G-CSF MARKET, BY DOSAGE
- Mono
- Combination
On the basis of dosage the global G-CSF/PEG-G-CSF is further segmented into mono and combination.
GLOBAL G-CSF / PEG-G-CSF MARKET, BY ROUTE OF ADMINISTRATION
- Intravenous
- Subcutaneous
On the basis of route of administration the global G-CSF/PEG-G-CSF is further segmented into intravenous and subcutaneous.
GLOBAL G-CSF / PEG-G-CSF MARKET, BY PACKAGING
- Single Use Vials
- Pre Filled Syringes
On the basis of packaging the global G-CSF/PEG-G-CSF is further segmented into single use vials and pre filled syringes.
GLOBAL G-CSF / PEG-G-CSF MARKET, BY END USER
- Hospitals & Clinics
- Research & Academic Institutes
- Ambulatory Surgical Centers
- Others
On the basis of end user the global G-CSF/PEG-G-CSF is further segmented into hospitals and clinics, research & academic institutes, ambulatory surgical centers and others.
GLOBAL G-CSF / PEG-G-CSF MARKET, BY DISTRIBUTION CHANNEL
- Hospital Pharmacy
- Online Pharmacy
- Retail Pharmacy
- Others
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