What is the Historic and Forecasted Market Size for Neulasta?
The Neulasta market size has experienced significant growth in recent years due to factors such as rising prevalence of chemotherapy-induced neutropenia, increased cancer incidence globally, growing awareness of neutropenia risks during cancer treatment, availability of supportive government funding for biologics, and early adoption of biologics in developed regions. These factors have fueled the market growth from $XX million in 2024 to $XX million in 2025 at a compound annual growth rate (CAGR) of XX%.
Moving forward, the Neulasta market size is anticipated to witness further expansion. With strategic developments such as the expansion of biosimilars in emerging markets, rising demand for cost-effective cancer-supportive care, growing healthcare expenditure worldwide, increasing approvals for biosimilars by regulatory agencies, and rising patient awareness of biosimilar alternatives, the market is projected to reach $XX million in 2029 at a CAGR of XX%.
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What are the Key Market Drivers for Neulasta?
The burgeoning incidence of cancer is a major driver for the growth of the Neulasta market. The increasing prevalence of cancer, driven mainly by factors like aging populations, unhealthy lifestyles and environmental factors, necessitates the need for Neulasta, a biosimilar drug critical for cancer patients undergoing chemotherapy. For instance, estimates by the Australian Institute of Health and Welfare indicate that Australia is likely to witness about 209,000 new cancer diagnoses by 2034, a significant increase from the estimated 169,000 cases in 2024.
What are the Major Market Segments for Neulasta?
The Neulasta market is segmented according to:
1) Indication: Chemotherapy-Induced Neutropenia, Bone Marrow Transplantation, Other Indications
2) Formulation: Injectable Solution, Pre-Filled Syringes Or Pens
3) Distribution Channel: Hospitals, Oncology Clinics, Specialty Pharmacies, Home Healthcare Services
4) End User Patients: Adult Patients, Pediatric Patients
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Who are the Major Players in the Neulasta Market?
Major companies operating in the Neulasta market include Amgen Inc.
Which Trends are Shaping the Neulasta Market?
The emergence of drug delivery technologies, such as prefilled autoinjectors, is shaping the industry. For instance, Coherus Biosciences, a US-based biopharmaceutical company, received FDA approval for its single-dose, prefilled autoinjector version of its pegfilgrastim biosimilar, Udenyca, in March 2023.
Which Region Dominates the Neulasta Market?
In 2024, North America emerged as the largest region in the Neulasta market. The report covers other regions including Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East and Africa.
What Does The Neulasta Global Market Report 2025 Offer?
Neulasta is a prescription medication used to reduce the risk of infection in chemotherapy patients by boosting white blood cell production. The Neulasta Global Market Report 2025 provides insights on global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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