U.S. Intravenous Immunoglobulin Market

U.S. Intravenous Immunoglobulin Market Size, Share, Growth Analysis, By Application(Primary Immunodeficiency, Chronic Inflammatory, Demyelinating Polyradiculoneuropathy, Congenital AIDS), By Distribution Channels(Hospital Pharmacy, Specialty Pharmacy, others), By Region - Industry Forecast 2025-2032


Report ID: SQMIC35G2279 | Region: Country | Published Date: March, 2024
Pages: 219 | Tables: 70 | Figures: 77

U.S. Intravenous Immunoglobulin Market Insights

U.S. Intravenous Immunoglobulin Market size was valued at USD 6.24 Billion in 2023 and is poised to grow from USD 6.73 Billion in 2024 to USD 12.37 Billion by 2032, growing at a CAGR of 7.90% during the forecast period (2025-2032).

The need for immunoglobulin replacement therapy to treat Primary Immunodeficiency Diseases (PIDD) is rising, and this is one of the main drivers of the U.S. IVIG market.

Another key driver is the approval of new medicines, which is expanding the range of available treatments for patients. Adoption of home infusion therapy increased exponentially, which can be linked to the immunocompromised patients' weakened immunity and the safer administration of medications at home. Post-pandemic, the tendency is predicted to persist.

The COVID-19 pandemic has caused significant changes in the industry's market dynamics. Due to the increased demand for plasma products in the early stages of the pandemic for the treatment of SARS-CoV-2 patients, there was a scarcity of immunoglobulin products in the U.S. IVIG market.

The drop in plasma donations during the epidemic compounded this stress by placing a major strain on the plasma supply system. Because plasma fractionations take time, there were supply problems in the beginning of 2021.Businesses are looking into IGIV therapies as a possible kind of treatment.

Higher treatment adoption may result from approval in the following years. Immunoglobulin therapy is costly, which prevents the U.S. from using IVIG more widely. For Instance, according to NCBI, the typical session cost in the U.S. was roughly U.S.D 9,720, which equates to a monthly cost of USD 41,796 for 4.3 sessions.

Patients without insurance or Medicare may find it challenging to receive care because the average annual cost of treating a CIDP patient exceeds USD 136,000. Key manufacturers are putting more emphasis on getting new products approved and into the market in order to meet the growing demand from patients for IVIG due to the evolving needs of the patient population. Multiple autoimmune, neurological, haematological, and immunodeficiency illnesses are all treated with IVIG replacement therapy.

US Intravenous Immunoglobulin Market is poised to grow at a sustainable CAGR for the next forecast year.

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U.S. Intravenous Immunoglobulin Market size was valued at USD 5.78 billion in 2022 and is poised to grow from USD 6.24 billion in 2023 to USD 11.46 billion by 2031, at a CAGR of 7.90% during the forecast period (2024-2031).

The top companies in the IVIG market in the US are concentrating on growth tactics such as product releases, R&D, mergers & acquisitions, and advancements in the IVIG products already on the market. 'Nestlé (Switzerland)', 'Unilever (Netherlands/UK)', 'General Mills (United States)', 'The Kraft Heinz Company (United States)', 'Mars, Incorporated (United States)', 'Blue Bell Creameries (United States)', 'Wells Enterprises, Inc. (United States)', 'Dreyer's Grand Ice Cream Holdings, Inc. (United States)', 'Rich Products Corporation (United States)', 'Ben & Jerry's Homemade Holdings Inc. (United States)', 'Häagen-Dazs (United States)', 'Turkey Hill Dairy (United States)', 'Tillamook County Creamery Association (United States)', 'Dean Foods (United States)', 'Breyers (United States)', 'TCBY (United States)', 'Velvet Ice Cream (United States)', 'Good Humor (United States)', 'Jeni's Splendid Ice Creams (United States)', 'Perry's Ice Cream (United States)', 'Talenti Gelato (United States)', 'Coolhaus (United States)'

Frozen dessert manufacturers continue to innovate and introduce new flavors, textures, and formats to cater to evolving consumer preferences. This includes offering healthier options, such as low-fat, low-sugar, and dairy-free alternatives, to meet the growing demand for healthier treats.

Indulgent and Decadent Treats : Despite the growing emphasis on healthier options, indulgence remains a strong driver in the frozen dessert market. Consumers still seek rich, creamy, and indulgent frozen treats like premium ice creams, gelatos, and decadent frozen novelties. Manufacturers continue to offer luxurious Flavors and textures to satisfy these cravings.

The Northeast region, comprising states such as New York, New Jersey, Massachusetts, Pennsylvania, and Connecticut, has a significant presence in the IVIG market. This region is home to renowned medical institutions, research facilities, and academic centers, which contribute to the availability and adoption of IVIG treatments. The dense population and advanced healthcare infrastructure in cities like New York City and Boston further enhance the prominence of the IVIG market in the Northeast.

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U.S. Intravenous Immunoglobulin Market

Report ID: SQMIC35G2279

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