The oral thrombopoietin receptor agonists market (TPO-RAs) defines itself based on drugs that are used to encourage the formation of platelets by activating the thrombopoietin receptor; they are useful in cases such as chronic immune thrombocytopenia (ITP) and certain myelodysplastic syndromes (MDS). Previously ltrombopag and romiplostim being in injectable have their oral products under development to enhance patient compliance.
The rising incidence of chronic diseases like ITP, aplastic anemia, and liver cirrhosis, demand for the treatment of thrombocytopenia is escalating to enhance patient prognosis. It is fueled by the increasing incidence of platelet disorders and patient interest in less invasive therapy forms. Nevertheless, obstacles that include costly treatment, safety complications, and difficult government approval slow progress. Nevertheless, oral formulations are anticipated to foster the growth of the global oral thrombopoietin receptor agonists market.
In 2023, North America led the oral thrombopoietin receptor agonists market. This region is dominating due to the increased research and development, presence key market players, government and financial support, and investments in the development of the healthcare sector.