Tag: Pegfilgrastim Biosimilar Market insights

According to Fact MR’s recent market research, sales of Pegfilgrastim Biosimilar to swell at propelled CAGR through 2031, as investment towards expansion of healthcare infrastructure continues rising. The goal of the survey is uncover growth opportunities, key trends, growth drivers, and challenges.

It also provides recommendations to assist businesses in preparing for unforeseen challenges. Focus on improving overall patient care will remain a chief growth driver. Besides this, Pegfilgrastim Biosimilar market will continue gaining from increasing willingness among patients and families to spend on advanced healthcare.

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Pegfilgrastim is developed by PEGylating the recombinant human granulocyte colony-stimulating factor (G-CSF) analogue, filgrastim. Pegfilgrastim was first launched by Amgen Inc. as Neulasta in 2002. Later, several biosimilars of pegfilgrastim were launched in the market.

Pegfilgrastim is used as a supportive oncology drug to treat chemotherapy- and/or radiotherapy-induced neutropenia in cancer patients. With more than ten pegfilgrastim biosimilars available in the market and over 5 under development, the pegfilgrastim biosimilar size market is expected to witness an upswing in the future.

The COVID-19 pandemic effect has been moderate on the overall pegfilgrastim market. COVID-19 has overall affected the speed of processes in clinical trials, but it’s predicted that, there will not be any near-term effect on approval processes by the regulatory bodies.

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Pegfilgrastim Biosimilar market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Pegfilgrastim Biosimilar

The report offers actionable and valuable market insights of Pegfilgrastim Biosimilar. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Pegfilgrastim Biosimilar Market across various industries and regions.

This newly published and insightful report sheds light on Market Insights of Pegfilgrastim Biosimilar, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Pegfilgrastim Biosimilar Market.

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Key Segments of Pegfilgrastim Biosimilar Market

Fact.MR’s study on the pegfilgrastim biosimilar market offers information divided into two important segments-distribution channel and region. This report offers comprehensive data and information about the important market dynamics and growth parameters associated with these categories, for the better understanding of readers.

Distribution Channel

• Hospital Pharmacies
• Retail Pharmacies
• Mail-Order Pharmacies

Region

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East & Africa

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Key Takeaways from Pegfilgrastim Biosimilar Market Study

• The hospital pharmacies segment under the distribution channel category held half of the global pegfilgrastim biosimilar market share in 2019, owing to increasing cancer treatments such as chemotherapy and others. Retail pharmacies followed due to increasing number of prescriptions.
• North America holds almost 3/4 of the global pegfilgrastim biosimilar market, followed by Europe, owing to large number of product launches in these regions.
• The East Asia market year-on-year growth is expected to rapidly surge in the near future. This growth is due to increasing pool of patients and advancements in healthcare with government support, which will propel pegfilgrastim biosimilar market growth in Asian countries.
• The COVID-19 pandemic that has swept the world is projected to have only a moderate impact on the progress of the pegfilgrastim biosimilar market.

“Increasing demand for cost-effective therapeutics such as biosimilars and patent expiration of blockbuster biologics will provide competitive benefits to market players in terms of new product development,” says a Fact.MR analyst.

Pegfilgrastim Biosimilar Market: Key Players

The pegfilgrastim biosimilar market is significantly consolidated and competitive in nature. Many small and large pharmaceutical companies have developed this biosimilar. Key players operating in the market are Coherus Biosciences, Mylan N.V., Biocon, and Novartis AG (Sandoz). These companies have launched pegfilgrastim biosimilars and are bolstered with partnerships and collaborations for expanding their market presence, globally.

Other players in the market are Pfizer Inc, Green Cross Corp, Accord healthcare, Intas Pharmaceuticals Ltd, and Zydus Cadila. These players are focused on strategic collaborations & partnerships and investments in research & development for developing novel biosimilar platforms.

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Report Benefits & Key Questions Answered

• Pegfilgrastim Biosimilar Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
• Pegfilgrastim Biosimilar Historical volume analysis: The report provides a comparison of Pegfilgrastim Biosimilar’s historical sales and projected sales performance for 2021-2031.
• Pegfilgrastim Biosimilar Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Pegfilgrastim Biosimilar market. It carefully gauges the impact of changing healthcare needs of key demographics globally
• Pegfilgrastim Biosimilar Consumption by demographics: The report investigates consumer behavior affecting Pegfilgrastim Biosimilar demand outlook for the assessment period. Effect of their keenness for digital trends on Pegfilgrastim Biosimilar market is carefully analyzed
• Post COVID consumer spending on Pegfilgrastim Biosimilar: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Pegfilgrastim Biosimilar market growth.

More Valuable Insights on Pegfilgrastim Biosimilar Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Pegfilgrastim Biosimilar, Sales and Demand of Pegfilgrastim Biosimilar, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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The Fact.MR new report on the market survey of Pegfilgrastim Biosimilar gives estimations of the Size of Pegfilgrastim Biosimilar Market and the overall Pegfilgrastim Biosimilar Market share of key regional segments During Forecast Period.

The latest market research report analyzes Pegfilgrastim Biosimilar Market demand by Different segments. Providing business leaders with insights On Pegfilgrastim Biosimilar And how they can increase their market share.

The Demand of Pegfilgrastim Biosimilar Market study includes the current market scenario on the global platform and also Sales of Pegfilgrastim Biosimilar Market development during the forecast period.

Click Here To get a Sample Report (Including Full TOC, Table & Figures):-https://www.factmr.com/connectus/sample?flag=S&rep_id=1494

Key Segments of Pegfilgrastim Biosimilar Market

Fact.MR’s study on the pegfilgrastim biosimilar market offers information divided into two important segments-distribution channel and region. This report offers comprehensive data and information about the important market dynamics and growth parameters associated with these categories, for the better understanding of readers.

Distribution Channel

• Hospital Pharmacies
• Retail Pharmacies
• Mail-Order Pharmacies

Region

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East & Africa

The Market insights of Pegfilgrastim Biosimilar will improve the revenue impact of businesses in various industries by:

• Providing a framework tailored toward understanding the attractiveness quotient of various products/solutions/technologies in the Pegfilgrastim Biosimilar Market
• Guiding stakeholders to identify key problem areas pertaining to their consolidation strategies in the global Pegfilgrastim Biosimilar market and offers solutions
• Assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
• Provides understanding of disruptive technology trends to help businesses make their transitions smoothly
• Helping leading companies make strategy recalibrations ahead of their competitors and peers
• Offers insights into promising synergies for top players aiming to retain their leadership position in the market & supply side analysis of Pegfilgrastim Biosimilar market .

The latest industry analysis and survey on Pegfilgrastim Biosimilar provides sales outlook in 20+ countries, across key categories. Insights and outlook on Pegfilgrastim Biosimilar market drivers, trends, and influencing factors are also included in the study.

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We leverage space-age industrial and digitalization tools to provide avant-garde actionable Pegfilgrastim Biosimilar Market insights to our clients.

SWOT analysis has been performed in the market study to investigate the strengths, weaknesses, opportunities and threats of each player, both at global and regional levels.

Crucial insights in Pegfilgrastim Biosimilar market research report:

• Underlying macro- and microeconomic factors impacting the Sales of Pegfilgrastim Biosimilar market.
• Basic overview of the Pegfilgrastim Biosimilar, including market definition, classification, and applications.
• Scrutinization of each market player based on mergers & acquisitions, R&D projects, and product launches.
• Adoption trend and supply side analysis of Pegfilgrastim Biosimilar across various industries.
• Important regions and countries offering lucrative opportunities to market stakeholders.

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This report gives you access to decisive data such as:

• Demand of Pegfilgrastim Biosimilar Market & Growth drivers
• Factors limiting Pegfilgrastim Biosimilar market growth
• Current key trends of Pegfilgrastim Biosimilar Market
• Market Size of Pegfilgrastim Biosimilar and Pegfilgrastim Biosimilar Sales projections for the coming years

Moreover, it also gives meaningful as well as actionable insights on the competitive analysis of Pegfilgrastim Biosimilar Market that are developing the current market scenario and which will be lucrative for the future demand of Pegfilgrastim Biosimilar Market.

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About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

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A recently released Fact.MR report on the Survey of Pegfilgrastim Biosimilar Market is intended to offer reliable data on various key factors shaping the growth curve & outlook of Pegfilgrastim Biosimilar market. This report works as a rich source of information for key entities such as policy makers, end-use industries, investors, and opinion leaders.

The Market survey of Pegfilgrastim Biosimilar offers a comprehensive analysis of diverse features, including production capacities analysis of Pegfilgrastim Biosimilar, demand, product developments, revenue generation, and Size of Pegfilgrastim Biosimilar Market across the globe.

The Demand analysis of Pegfilgrastim Biosimilar Market offers a comprehensive analysis of diverse features, demand, product developments, revenue generation, and sales of Pegfilgrastim Biosimilar Market across the globe.

Click Here To get a Sample Report (Including Full TOC, Table & Figures):-https://www.factmr.com/connectus/sample?flag=S&rep_id=1494

Key Segments of Pegfilgrastim Biosimilar Market

Fact.MR’s study on the pegfilgrastim biosimilar market offers information divided into two important segments-distribution channel and region. This report offers comprehensive data and information about the important market dynamics and growth parameters associated with these categories, for the better understanding of readers.

Distribution Channel

• Hospital Pharmacies
• Retail Pharmacies
• Mail-Order Pharmacies

Region

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East & Africa

A comprehensive estimate of the Pegfilgrastim Biosimilar market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the Sales of Pegfilgrastim Biosimilar during the forecast period. Price point comparison by region with the global average price is also considered in the study.

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Some Notable Offerings by Fact.MR Report on Pegfilgrastim Biosimilar market:

• Fact.MR will provide you an analysis of the extent to which this Pegfilgrastim Biosimilar market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
• Fact.MR will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
• Also, this report will help you to identify any trends to forecast growth rates.
• The analyzed report will forecast the general tendency for supply and demand.

Some of the Pegfilgrastim Biosimilar Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides: 

• Details regarding latest innovations and development in Pegfilgrastim Biosimilar and how it is gaining customer traction during the forecast period.
• Analysis about the customer demand of the products and how it is likely to evolve in coming years.
• Latest regulations enforced by government bodies and local agencies and their impact on Demand of Pegfilgrastim Biosimilar Market .
• Insights about adoption of new technologies and its influence on the Pegfilgrastim Biosimilar market Size.
• Overview of the impact of COVID-19 on Pegfilgrastim Biosimilar Market and economic disruptions caused by the pandemic.
• Evaluates post-pandemic impact on the Sales of Pegfilgrastim Biosimilar Market during the forecast period.

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After reading the Market insights of Pegfilgrastim Biosimilar Report, readers can:

• Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
• Analyze key regions holding significant share of total Pegfilgrastim Biosimilar market revenue.
• Study the growth outlook of Pegfilgrastim Biosimilar market scenario, including production, consumption, history and forecast.
• Learn consumption pattern and impact of each end use & supply side analysis of Pegfilgrastim Biosimilar market.
• Investigate the recent R&D projects performed by each market player & competitive analysis of Pegfilgrastim Biosimilar Market Players.

How Fact.MR Assists in Making Strategic Moves For Pegfilgrastim Biosimilar Market Manufacturer?

• The data provided in the Pegfilgrastim Biosimilar market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
• The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

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About Fact.MR:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

 Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

Award winning market research company Fact.MR has conducted a recent study on the global demand of pegfilgrastim biosimilar market for the upcoming decade. As per its findings, the market is poised to witness impressive growth following increase in cancer cases across the globe. Long-term expansion prospects are expected to remain positive.

Chemotherapy and/or radiotherapy is used for the treatment of most cancers. However, chemotherapy and radiotherapy have a very common side effect called neutropenia, and pegfilgrastim is required for its treatment. A study conducted on patients who received chemotherapy in 2016-2017 to evaluate the occurrence of chemotherapy-induced febrile neutropenia (CIFN) showed that, out of 200 patients, 9.5% patients developed neutropenia. Neutropenia patients are highly susceptible to infections, and for this reason, it is a life-threatening disease.  Pegfilgrastim is advantageous over filgrastim in relatively decreasing the incidence of febrile neutropenia. In the future, pegfilgrastim biosimilars will provide better access to this treatment.

 

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The pricing of pegfilgrastim biosimilar is around 25% to 30% lower as compared to originator products (i.e. Neulasta by Amgen). Lower prices of pegfilgrastim biosimilars are expected to enhance their adoption for neutropenia treatment in developed as well as developing countries, as multiple regional and global players are seeking to get marketing approval in various countries.

All in all, rising incidence of cancer and increasing use of chemotherapy for treatment will aid the expansion of the pegfilgrastim biosimilar market, which was valued at US$ 944 Mn in 2019, and is expected to exhibit a CAGR of over 10% over the forecast period (2020–2026).

Key Takeaways from Pegfilgrastim Biosimilar Market Study

• The hospital pharmacies segment under the distribution channel category held half of the global pegfilgrastim biosimilar market share in 2019, owing to increasing cancer treatments such as chemotherapy and others. Retail pharmacies followed due to increasing number of prescriptions.
• North America holds almost 3/4 of the global pegfilgrastim biosimilar market, followed by Europe, owing to large number of product launches in these regions.
• The East Asia market year-on-year growth is expected to rapidly surge in the near future. This growth is due to increasing pool of patients and advancements in healthcare with government support, which will propel pegfilgrastim biosimilar market growth in Asian countries.
• The COVID-19 pandemic that has swept the world is projected to have only a moderate impact on the progress of the pegfilgrastim biosimilar market.

 

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“Increasing demand for cost-effective therapeutics such as biosimilars and patent expiration of blockbuster biologics will provide competitive benefits to market players in terms of new product development,”

says a Fact.MR analyst.

Increasing Consolidation among Key Players and New Product Launches

Increase in value chain partnerships and market consolidation activities such as collaborations, partnerships, and M&A among market players will be a significant tool to increase their capabilities and speed to market for new launches. For instance, Mylan and Biocon collaboratively worked on a partnership to launch Pegfilgrastim biosimilar Fulphila.

Manufacturers are making efforts to develop biosimilars, and, so far, in 2020, there were 4 biosimilar launches in the United States, and many more are anticipated to be launched. It is estimated that, the pipeline from 2021 to 2025 will have at least 5 approved biosimilars.

 

Get More Insights- https://www.biospace.com/article/research-on-developing-novel-pegfilgrastim-biosimilars-to-elevate-sales-fact-mr/

 

Looking for More Information?

The research study on the pegfilgrastim biosimilar market by Fact.MR incorporates an unbiased assessment of key demand-driving factors and trends, which have shaped the landscape of the pegfilgrastim biosimilar market over 2018–2019, and includes a detailed assessment of key parameters that are expected to exert influence over 2020–2026. Market statistics have been presented based on distribution channel (hospital pharmacies, retail pharmacies, and mail-order pharmacies), across seven major regions.

 

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About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
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