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The recombinant erythropoietin market deals with use of biosimilar medicines for treatment of anemia and blood related disorders. Recombinant erythropoietin is a man-made form of endogenous protein hormone erythropoietin that stimulates bone marrow to produce red blood cells. It is used to treat anemia in patients with chronic kidney disease, cancer, HIV/AIDS and chemotherapy induced anemia. Recombinant erythropoietin reduces need for blood transfusions and improves quality of life. The global recombinant erythropoietin market is estimated to be valued at US$ 459.3 Mn in 2024 and is expected to exhibit a CAGR of 7.9% over the forecast period 2024 to 2031.
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