Global Intravenous Immunoglobulin Market

Intravenous Immunoglobulin Market Size, Share, Growth Analysis, By Application(Hypogammaglobulinemia, CIDP, Immunodeficiency Diseases, Congenital AIDS), By Type(IgG, IgM, IgA, IgE), By Distribution Channel(Hospital Pharmacy, Specialty Pharmacy, and Others), By Region - Industry Forecast 2024-2031

Report ID: SQMIG35A2611 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 100 | Figures: 69

Intravenous Immunoglobulin Market Insights

Global Intravenous Immunoglobulin Market size was valued at USD 11.98 billion in 2022 and is poised to grow from USD 12.9 billion in 2023 to USD 22.6 billion by 2031, growing at a CAGR of 7.3% in the forecast period (2024-2031).

The market for intravenous immunoglobulin (IVIG) is propelled by several key drivers, including the burgeoning geriatric population, a surge in immunodeficiency diseases, wider adoption of IVIG treatments, and the expanding use of off-label indications. The escalating prevalence of patients grappling with immunodeficiency disorders remains a primary catalyst behind the development and demand for IVIG preparations.

This global market is experiencing rapid expansion, attributed to a growing number of patients contending with bleeding issues and Chronic Inflammatory Demyelinating Polyneuropathy (CIDP). The increased investments in the healthcare sector further support the growth of the IVIG market.

Moreover, the mounting incidence of autoimmune illnesses and various pathological conditions contributes significantly to the expanding market landscape for IVIG products, underscoring their pivotal role in addressing diverse medical needs.

Intravenous Immunoglobulin Market Report Snapshots

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The competitive environment of the global Intravenous Immunoglobulin Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Leading brands invest in research and development to introduce new flavors, packaging formats, and health-focused variations to cater to changing consumer preferences. They often set the trends in the industry. 'Grifols SA', 'Octapharma AG', 'ADMA Biologics', 'LFB Biotechnologies', 'Kedrion Biopharma', 'Intas Pharmaceuticals', 'Biotest AG', 'BDI Pharma Inc.', 'Shanghai RAAS Blood Products Co., Ltd.', 'Takeda Pharmaceutical Company Limited.', 'CSL Behring', 'Baxter International Inc.', 'China Biologics Products Inc.'

The pervasive uptake of intravenous immunoglobulin therapy as the foremost treatment avenue for numerous rare immunological and neurological conditions, notably primary immunodeficiency (PI) and associated diseases, emerges as a cornerstone propelling the expansion of the intravenous immunoglobulin market. This extensive acceptance of IVIG therapy as the frontline treatment signifies its efficacy and relevance in managing these conditions effectively.

The market's evolution is being driven by several impactful trends that are reshaping its trajectory for growth and progress. Notably, the rising use of Intravenous Immunoglobulin (IVIG) in treating neurological disorders marks a significant trend, highlighting its expanding application beyond traditional uses. Additionally, the integration of personalized medicine principles into IVIG therapy represents a notable shift, tailoring treatments to individual patient needs. The emergence of novel immunomodulatory treatments is also shaping the landscape, offering innovative therapeutic avenues.

In 2022, North America emerged as the leading force within the market, securing a commanding revenue share of 46.51%. The region's dominance stems from several pivotal factors fostering its market growth. Notably, there has been a substantial uptick in awareness regarding products designed to address immunodeficiency diseases, fostering a deeper understanding among both healthcare professionals and the general populace.

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Intravenous Immunoglobulin Market Size, Share, Growth Analysis, By Application(Hypogammaglobulinemia, CIDP, Immunodeficiency Diseases, Congenital AIDS), By Type(IgG, IgM, IgA, IgE), By Distribution Channel(Hospital Pharmacy, Specialty Pharmacy, and Others), By Region - Industry Forecast 2024-2031

Intravenous Immunoglobulin Market Insights

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