Straits Research released its highly anticipated report, “Global Erythropoietin Drugs Market Size & Outlook, 2026-2034”. According to the study, the global erythropoietin drugs market size is valued at USD 7.55 billion in 2025 and is projected to expand to USD 10.35 billion by 2034, registering a compound annual growth rate (CAGR) of 3.61%.

Market Dynamics

The growth of the global erythropoietin drugs market is primarily driven by the rising prevalence of chronic kidney disease (CKD), a major condition that leads to anemia due to reduced endogenous erythropoietin production. As the global burden of CKD continues to increase, the demand for erythropoietin-based therapies is witnessing strong momentum. For example, according to the Centers for Disease Control and Prevention, approximately 35.5 million adults in the U.S. are currently living with CKD, highlighting a substantial patient population requiring anemia management. This growing clinical need is fostering the widespread adoption of erythropoietin drugs to enhance hemoglobin levels and improve patient outcomes.

Moreover, the market is experiencing expansion through the increasing approval and commercialization of erythropoietin biosimilars, which offer comparable efficacy and safety profiles at significantly reduced costs. These cost effective alternatives are particularly improving treatment accessibility in emerging economies such as Asia Pacific and Latin America, where healthcare affordability remains a critical factor.

However, the risk of adverse effects associated with erythropoietin therapy, such as hypertension, cardiovascular complications, and increased thrombotic events, limits long term treatment adherence. Additionally, stringent regulatory requirements for biosimilar approvals and manufacturing challenges related to maintaining product quality and consistency further constrain market growth. On the other hand, the ongoing shift toward biosimilars, coupled with advancements in biomanufacturing and growing healthcare infrastructure in developing regions, is expected to create lucrative opportunities for key players to expand their global footprint in the erythropoietin drugs market.

Market Highlights

• Product Type: The biologics segment dominated the market in 2025.
• Product: The erythropoietin segment dominated the market in 2025 with a revenue share of 74.36%.
• Indication: The chemotherapy-induced anemia is projected to grow at a CAGR of 4.97%, due to the increasing prevalence of cancer and cancer-related anemia due to chemotherapy.
• Regional Insights: North America dominated the market with a revenue share of 39.41%, due to strong uptake of biologics and biosimilar drugs.