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India Erythropoietin Drugs Market Outlook to 2028

Region:Asia

Author(s):Yogita Sahu

Product Code:KROD4314

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Published On

October 2024

Total pages

93

About the Report

India Erythropoietin Drugs Market Overview

  • The India Erythropoietin Drugs market is valued at USD 205 million, based on a five-year historical analysis. This market is driven by a rising prevalence of chronic kidney disease (CKD), cancer treatments, and anemia management across India. With increasing awareness of healthcare access in both urban and rural regions, coupled with expanding demand for affordable biosimilars, the market has seen steady growth.
  • Mumbai, Hyderabad, and Bangalore dominate the market due to their well-established healthcare infrastructure and access to advanced treatment options. These cities are home to numerous specialty hospitals, research centers, and pharmaceutical companies that have fostered an environment conducive to the growth of erythropoietin drug usage.
  • The PMBJP initiative aims to make affordable medicines accessible to the general public, including erythropoietin biosimilars. The government has opened over 13,745 Janaushadhi Kendra stores across India, providing access to low-cost generics. In 2024, the availability of erythropoietin drugs at reduced prices through these stores improved affordability for patients suffering from chronic anemia and kidney diseases.

market overviews

India Erythropoietin Drugs Market Segmentation

By Drug Type: The market is segmented by drug type into Epoetin Alpha, Darbepoetin Alpha, Epoetin Beta, and Others (including biosimilars). Epoetin Alpha holds the dominant market share due to its widespread use in treating anemia associated with chronic kidney disease and cancer. It has been widely accepted in the Indian healthcare system, largely because of its clinical effectiveness and relative affordability.

market overviews

By Indication: The market in India is segmented by indications such as Chronic Kidney Disease (CKD), Cancer, HIV-associated anemia, Surgical Procedures, and Others. Chronic Kidney Disease remains the largest segment by indication, holding a market share. The high prevalence of CKD in India, driven by rising diabetes rates and hypertension, contributes to the dominance of this segment. The demand for erythropoietin drugs in CKD patients undergoing dialysis continues to fuel market growth in this category.

market overviews

India Erythropoietin Drugs Market Competitive Landscape

The market is primarily driven by domestic and international pharmaceutical companies, making it a competitive landscape with a few key players leading the market. Companies like Biocon, Cipla, and Sun Pharma are prominent due to their extensive distribution networks, large product portfolios, and focus on biosimilars.

Company

Establishment Year

Headquarters

Biocon Limited

1978

Bangalore, India

Dr. Reddy's Laboratories

1984

Hyderabad, India

Cipla Ltd.

1935

Mumbai, India

Sun Pharmaceutical

1983

Mumbai, India

Intas Pharmaceuticals

1985

Ahmedabad, India

India Erythropoietin Drugs Market Analysis

Market Growth Drivers

  • Increasing Prevalence of Chronic Kidney Disease (CKD): The rise in CKD cases in India is a growth driver for the market. According to the Indian Society of Nephrology, nearly 3.6 million people in India suffer from CKD, and many require dialysis or kidney transplants, where erythropoietin drugs play a crucial role in managing anemia. As India's healthcare system becomes more capable of diagnosing and treating CKD, the demand for erythropoietin drugs is expected to increase.
  • Anemia Burden Among Cancer Patients: Cancer treatments often cause anemia, necessitating the use of erythropoietin drugs. India's cancer cases are projected to rise, reaching around1.57 million by 2025, up from1.5 million in 2023, with over 60% of patients experiencing chemotherapy-induced anemia. Erythropoietin drugs are a standard part of managing this side effect, particularly in patients undergoing chemotherapy or radiotherapy. The increasing number of cancer patients has escalated the demand for erythropoietin drugs across hospitals and cancer care centers.
  • Expanding Healthcare Infrastructure: Indias healthcare infrastructure has been expanding, especially in semi-urban and rural areas, due to government initiatives such as Ayushman Bharat. In 2024, over 150,000 health and wellness centers were functional across India. These centers play a crucial role in diagnosing and treating anemia and chronic diseases that require erythropoietin. The expansion of healthcare facilities is enabling greater access to erythropoietin drugs, leading to increased market growth.

Market Challenges

  • Supply Chain Inefficiencies: Indias pharmaceutical supply chain, particularly for cold-chain drugs like erythropoietin, faces logistical challenges. A lack of adequate cold storage and inefficient transportation networks result in drug wastage and compromised efficacy. According to the Central Drugs Standard Control Organization, nearly 25% of biopharmaceuticals in India are at risk due to improper storage conditions during transportation. This inefficiency impacts drug availability, especially in rural regions.
  • Regulatory Hurdles: The approval process for biosimilar erythropoietin drugs in India is stringent, requiring extensive clinical trials and rigorous regulatory scrutiny. These hurdles delay the entry of new erythropoietin products into the market. Additionally, compliance with international manufacturing standards poses a challenge for many Indian pharmaceutical companies, slowing down drug production and market expansion. Regulatory delays also affect pricing, further restricting access to affordable erythropoietin drugs.

India Erythropoietin Drugs Market Future Outlook

Over the next five years, the India Erythropoietin Drugs industry is expected to experience growth, driven by an increasing prevalence of CKD and cancer, greater adoption of biosimilars, and government healthcare initiatives aimed at improving access to essential medications. Additionally, ongoing research and development into novel delivery systems, such as oral erythropoietin formulations, will likely contribute to expanding the market further.

Future Market Opportunities

  • Integration of Artificial Intelligence in Drug Development: In the next five years, the market is expected to see increased integration of AI and machine learning for drug discovery and personalized treatment protocols. Indian pharmaceutical companies are increasingly adopting AI technologies to optimize production processes, reduce development time, and enhance drug efficacy. The Department of Biotechnology is already funding several AI-driven projects aimed at improving biopharmaceutical manufacturing.
  • 2. Expansion of Erythropoietin in Emerging Markets Indian companies are expected to expand their erythropoietin drug exports to emerging markets, particularly in Africa and Latin America, where the prevalence of chronic diseases like CKD and cancer is rising. By 2028, Indian companies are projected to be key suppliers of biosimilar erythropoietin in these regions, driven by cost-effective production and increasing demand for affordable healthcare solutions.

Scope of the Report

By Drug Type

Epoetin Alpha

Darbepoetin Alpha

Epoetin Beta

Others

By Indication

Chronic Kidney Disease

Cancer

HIV-Associated Anemia

Surgical Procedures

Others

By Distribution Channel

Hospital Pharmacies

Retail Pharmacies

Online Pharmacies

By Drug Class

Original Biologics

Biosimilars

By Region

North

East

West

South

Products

Key Target Audience Organizations and Entities Who Can Benefit by Subscribing This Report:

  • Hospitals and Healthcare Providers
  • Erythropoietin Drug Manufacturers
  • Government and Regulatory Bodies (e.g., CDSCO, NITI Aayog)
  • Investment and Venture Capitalist Firms
  • Banks and Financial Institutions
  • Private Equity Firms

Companies

Players Mentioned in the Report:

  • Biocon Limited
  • Dr. Reddy's Laboratories
  • Cipla Ltd.
  • Sun Pharmaceutical Industries Ltd.
  • Intas Pharmaceuticals
  • Wockhardt Ltd.
  • Lupin Pharmaceuticals
  • Serum Institute of India
  • Zydus Cadila
  • Reliance Life Sciences
  • Glenmark Pharmaceuticals
  • Emcure Pharmaceuticals
  • Bharat Biotech
  • Hetero Drugs Ltd.
  • Pfizer India

Table of Contents

 

1. India Erythropoietin Drugs Market Overview

1.1. Definition and Scope
1.2. Market Taxonomy
1.3. Market Growth Rate
1.4. Market Segmentation Overview

 

2. India Erythropoietin Drugs Market Size (In USD Mn)

2.1. Historical Market Size
2.2. Year-On-Year Growth Analysis
2.3. Key Market Developments and Milestones

 

3. India Erythropoietin Drugs Market Analysis

3.1. Growth Drivers
3.1.1. Increasing Prevalence of Chronic Kidney Disease (CKD)
3.1.2. Growing Cancer Incidences and Chemotherapy Usage
3.1.3. Demand for Biosimilars
3.1.4. Government Initiatives for Affordable Healthcare
3.2. Market Challenges
3.2.1. High Costs of Erythropoietin Drugs
3.2.2. Stringent Regulatory Approval Processes
3.2.3. Side Effects and Risks Associated with Erythropoietin Use
3.3. Opportunities
3.3.1. Expansion into Untapped Rural Healthcare Markets
3.3.2. R&D in Novel Delivery Systems (Oral, Extended Release)
3.3.3. Global Collaborations for Low-Cost Production
3.4. Trends
3.4.1. Increasing Demand for Erythropoiesis-Stimulating Agents (ESAs)
3.4.2. Growth in Usage of Biosimilar Erythropoietin
3.4.3. Personalized Medicine Approach in Anemia Treatment
3.5. Government Regulation
3.5.1. National Guidelines on Biosimilars (India-Specific Regulations)
3.5.2. Drug Price Control Orders (DPCO) Impact
3.5.3. Pharmaceutical Policy Initiatives
3.5.4. Central Drugs Standard Control Organization (CDSCO) Guidelines
3.6. SWOT Analysis
3.7. Stake Ecosystem
3.8. Porters Five Forces Analysis
3.9. Competition Ecosystem

 

4. India Erythropoietin Drugs Market Segmentation

4.1. By Drug Type (In Value %)
4.1.1. Epoetin Alpha
4.1.2. Darbepoetin Alpha
4.1.3. Epoetin Beta
4.1.4. Others (Pegylated Erythropoietin, Biosimilars)
4.2. By Indication (In Value %)
4.2.1. Chronic Kidney Disease (CKD)
4.2.2. Cancer
4.2.3. Anemia Associated with HIV
4.2.4. Surgical Procedures
4.2.5. Others
4.3. By Distribution Channel (In Value %)
4.3.1. Hospital Pharmacies
4.3.2. Retail Pharmacies
4.3.3. Online Pharmacies
4.4. By Drug Class (In Value %)
4.4.1. Original Biologics
4.4.2. Biosimilars
4.5. By Region (In Value %)
4.5.1. North India
4.5.2. South India
4.5.3. East India
4.5.4. West India

 

5. India Erythropoietin Drugs Market Competitive Analysis

5.1 Detailed Profiles of Major Companies
5.1.1. Biocon Limited
5.1.2. Dr. Reddy's Laboratories
5.1.3. Cipla Ltd.
5.1.4. Serum Institute of India
5.1.5. Zydus Cadila
5.1.6. Wockhardt Ltd.
5.1.7. Intas Pharmaceuticals
5.1.8. Lupin Pharmaceuticals
5.1.9. Sun Pharmaceutical Industries Ltd.
5.1.10. Glenmark Pharmaceuticals
5.1.11. Emcure Pharmaceuticals
5.1.12. Reliance Life Sciences
5.1.13. Hetero Drugs Ltd.
5.1.14. Bharat Biotech
5.1.15. Pfizer India
5.2 Cross Comparison Parameters (Number of Employees, Manufacturing Capabilities, Drug Portfolio, R&D Investments, Market Penetration, Sales Channels, Pricing Strategies, Patents Held)
5.3. Market Share Analysis
5.4. Strategic Initiatives
5.5. Mergers and Acquisitions
5.6. Investment Analysis
5.7. Venture Capital Funding
5.8. Government Grants
5.9. Private Equity Investments

 

6. India Erythropoietin Drugs Market Regulatory Framework

6.1. CDSCO Approval Processes
6.2. Biosimilar Regulatory Pathways
6.3. Pricing Control Mechanisms
6.4. Clinical Trials Compliance

 

7. India Erythropoietin Drugs Future Market Size (In USD Mn)

7.1. Future Market Size Projections
7.2. Key Factors Driving Future Market Growth

 

8. India Erythropoietin Drugs Future Market Segmentation

8.1. By Drug Type (In Value %)
8.2. By Indication (In Value %)
8.3. By Distribution Channel (In Value %)
8.4. By Drug Class (In Value %)
8.5. By Region (In Value %)

 

9. India Erythropoietin Drugs Market Analysts Recommendations

9.1. TAM/SAM/SOM Analysis
9.2. Customer Cohort Analysis
9.3. Marketing Initiatives
9.4. White Space Opportunity Analysis

Disclaimer

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Research Methodology

Step 1: Identification of Key Variables

The initial phase involves mapping the stakeholder ecosystem within the India Erythropoietin Drugs market. Extensive desk research using secondary databases and proprietary reports is employed to identify key variables like market drivers, regulatory frameworks, and healthcare trends influencing the market. This step helps in understanding how different factors, such as demand for biosimilars and patent expiration, impact the market landscape.

Step 2: Market Analysis and Construction

In this phase, historical market data related to erythropoietin drug sales, production capacities, and clinical trial success rates are analyzed. Additionally, this phase includes revenue generation analysis for major players, assessment of drug pricing trends, and evaluation of healthcare spending patterns to create an accurate model of market dynamics.

Step 3: Hypothesis Validation and Expert Consultation

Once hypotheses regarding market growth, drug adoption, and biosimilar trends are developed, they are validated through interviews with healthcare professionals, pharmaceutical manufacturers, and regulatory authorities. These expert insights refine the analysis and ensure that market projections align with on-ground realities.

Step 4: Research Synthesis and Final Output

The final step includes synthesizing all collected data into a comprehensive report, featuring in-depth market insights. A bottom-up approach is utilized to verify sales figures, drug usage statistics, and company revenue estimates, ensuring a validated and reliable market analysis.

 

Frequently Asked Questions

 

01. How big is the India Erythropoietin Drugs Market?

The India Erythropoietin Drugs market is valued at USD 205 million, driven by increasing cases of CKD and cancer, along with growing demand for biosimilar erythropoietin formulations.

 

 

02. What are the challenges in the India Erythropoietin Drugs Market?

The India Erythropoietin Drugs market faces challenges such as high drug costs, stringent regulatory approval processes, and limited awareness in rural areas. These factors hinder market penetration, especially in lower-income segments.

 

 

03. Who are the major players in the India Erythropoietin Drugs Market?

Key players in the India Erythropoietin Drugs market include Biocon Limited, Cipla Ltd., Sun Pharmaceutical Industries, Dr. Reddys Laboratories, and Intas Pharmaceuticals. Their dominance is due to their biosimilar offerings, strong distribution networks, and government contracts.

 

 

04. What are the growth drivers of the India Erythropoietin Drugs Market?

Growth in the India Erythropoietin Drugs market is driven by the increasing prevalence of CKD, rising cancer cases, and greater adoption of biosimilars. Government initiatives to provide affordable healthcare further contribute to market expansion.

 

 

05. What trends are shaping the future of the India Erythropoietin Drugs Market?

The India Erythropoietin Drugs market is witnessing trends such as the increasing use of erythropoiesis-stimulating agents, growing demand for biosimilars, and research into novel delivery systems, which are expected to shape the future of the industry.

 

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