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LONDON, GREATER LONDON, UNITED KINGDOM, January 21, 2025 /EINPresswire.com/ -- In the recent years, the Mircera market has shown strong growth. From $2,679.57 million in 2024, it is expected to reach $2,835.52 million in 2025, marking a Compound Annual Growth Rate CAGR of 5.8%. This growth in the historic period can primarily be attributed to the growing prevalence of cancer, especially among the elderly population, and the rising demand for long-acting erythropoiesis-stimulating agents ESAs for anemia management.
Can the Mircera Market Sustain its Growth in the Future?
Looking forward, the Mircera market is set to continue its surge, reaching an estimated $3,506.29 million in 2029 at a CAGR of 5.5%. This expected growth can be attributed to the rise in the global cancer burden, particularly in developing regions, coupled with an increase in healthcare expenditure in emerging markets. Additionally, the demand for innovative treatment options to manage anemia more effectively, adoption of Mircera in various medical setups such as hospitals and outpatient clinics will also likely fuel this growth. Key trends include a rising demand for long-acting ESAs, technological advancements in healthcare, and an increasing focus on patient-centric drug delivery systems.
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What Are the Key Growth Drivers and Trends for the Mircera Market?
A major impetus for the expected growth of the Mircera market is the rising prevalence of chronic kidney disease CKD. Characterized by a gradual loss of kidney function and often associated with conditions such as diabetes and hypertension, CKD is becoming a major health concern. One common complication of CKD is anemia, caused by reduced erythropoietin production - a condition which necessitates the use of erythropoiesis-stimulating agents like Mircera.
A trend to watch in the Mircera market is the current focus on developing solutions for pediatric patients dealing with anemia associated with CKD. A long-acting erythropoiesis-stimulating agent like Mircera methoxy polyethylene glycol-epoetin beta could help stimulate red blood cell production, minimize the risks of blood transfusions, and ultimately, enhance the growth and quality of life of such patients.
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Who Are the Major Companies in the Mircera Market?
Notably, pharmaceutical giant Roche is one of the key industry players in the Mircera market.
How Is the Mircera Market Segmented?
Here's how the Mircera market is segmented -
1 By Formulation: Injectable Solution; Pre-filled Syringes
2 By Indication: Anemia Due to Chronic Kidney Disease; Anemia in Cancer Patients
3 By Distribution Channel: Hospitals; Dialysis Centers; Specialty Clinics; Retail Pharmacies
4 By End User Patients: Adult Patients; Geriatric Patients
What Are the Key Regional Insights?
North America was the largest region in the Mircera market in 2024. Other regions covered in this report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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