Erythropoietin market in Japan to reach $1.54 billion by 2015
The erythropoietin market in Japan is forecast to reach $1.54 billion by 2015 by analysts at TechNavio. One of the key factors contributing to this market growth is the increase in cases of renal anemia.
Japan’s erythropoietin market has also been witnessing the R&D activities for the application of erythropoietin in neurological disorders. However, the delayed approval process for biosimilars of erythropoietin in Japan could pose a challenge to the growth of this market.
Key vendors dominating this market space include Chugai Pharmaceutical, JCR Pharmaceuticals and Kyowa Hakko Kirin, the analysts note.
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