Pegfilgrastim Biosimilar Market Segments and Key Trends 2018-2028

Posted by ankush Nikam on October 16th, 2019

Pegfilgrastim Biosimilar Market: Drivers

Increasing prevalence of diseases, such as cancer and HIV/AIDS, will drive the growth of the Pegfilgrastim Biosimilar market. Pegfilgrastim biosimilar also fights infections and controls low blood neutrophils level in patients having undergone chemotherapy, radiation poisoning, etc. Pegfilgrastim Biosimilar is cheaper than Pegfilgrastim, which might also contribute to the expansion of the Pegfilgrastim Biosimilar market over the forecast period. However, side effects related to Pegfilgrastim Biosimilar, such as bone pain, acute respiratory distress syndrome, rupture of the spleen and other allergic reactions, might hinder the growth of Pegfilgrastim Biosimilar market. Reimbursement policies for Biosimilar in the market are also not well appreciated and could restrain the growth of Pegfilgrastim Biosimilar market over the forecast period.

Pegfilgrastim Biosimilar Market: Segmentation

The global Pegfilgrastim Biosimilar Market can be segmented on the basis of application type, distribution channels and geography.

Based on application type, the global Pegfilgrastim Biosimilar Market is segmented as:

  • Chemotherapy Treatment
    • Myelosuppressive Chemotherapy Treatment
    • Induction or Consolidation Chemotherapy Treatment
  • Transplantation
    • Bone Marrow Transplantation
    • Peripheral Blood Progenitor Cell Transplantation

Based on distribution channels, the global Pegfilgrastim Biosimilar Market is segmented as:

  • Hospital pharmacies
  • Retail pharmacies
  • Mail-Order pharmacies

Based on geography, the global Pegfilgrastim Biosimilar Market is segmented as:

  • North America
  • Latin America
  • Europe
  • CIS & Russia
  • Japan
  • APEJ
  • Middle East & Africa

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Pegfilgrastim Biosimilar Market: Overview

Increasing incidences of cancer are leading to increased chemotherapy procedures. Myelosuppressive or Induction chemotherapy is anticipated to grow significantly due to growing pool of cancer patients. Pegfilgrastim stimulates the growth of healthy WBCs in the bone marrow, which helps fight any infection occurring post the chemotherapy procedure. The patients are heavily exposed to radiations which are poisonous and can damage the bone marrow. Therefore, the use of Pegfilgrastim Biosimilar in bone marrow transplantation is also anticipated to increase during the forecast period. Based on the distribution channels, hospital pharmacies will witness fastest growth in the Pegfilgrastim Biosimilar market.

Pegfilgrastim Biosimilar Market: Regional Outlook

North America’s Pegfilgrastim Biosimilar market is anticipated to grow at a rapid pace over the forecast period due to growing incidences of cancer, increase in health expenditure and easy affordability because of cost cuts. The Australia and New Zealand Pegfilgrastim Biosimilar market is anticipated to grow significantly owing to growth in the cases of acute chronic neutropenia, cancer and HIV/AIDS. Europe’s Pegfilgrastim Biosimilar market is expected to grow at a moderate rate over the forecast period owing to poor research and development investments by local governments, less GDP per capita and varying regulatory and competitive dynamics in different countries.

Pegfilgrastim Biosimilar Market: Key Players

The first Pegfilgrastim Biosimilar product named Fulphila (Pegfilgrastim-jmdb) by Mylan-Biocon collaboration has been approved by US FDA and will soon be launched in the market. Other companies that have filed applications for Pegfilgrastim Biosimilar include USV Biologics, Cinfa Biotech, Coherus, Sandoz, Stada Arzneimittel/Gedeon Richter and Pfizer.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America
    • US
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Chile
    • Peru
    • Rest of LATAM
  • Europe
    • EU – 4 (Germany, France, Italy, Spain)
    • UK
    • BENELUX (Belgium, Netherlands, Luxemburg)
    • NORDIC (Norway, Denmark, Iceland, Sweden)
    • Eastern Europe (Poland, Ukraine, Czech Rep. Etc.)
    • Rest of Europe
  • CIS & Russia
  • Japan
  • APEJ
    • Greater China
    • India
    • Korea
    • ASEAN Countries
    • Rest of APEJ
  • Middle East & Africa
    • GCC Countries
    • Turkey
    • Iran
    • Israel
    • South Africa
    • Rest of MEA

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

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ankush Nikam

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ankush Nikam
Joined: December 21st, 2016
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