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Intravenous Iron Drugs Market Report Offers A One-Stop Solution To All The Key Players: Allergan, AMAG Pharmaceuticals, Daiichi Sankyo, Galenica, Pharmacosmos, Nippon Shinyaku, NOXXON Pharma, Rockwell Medical, Sanofi, Wanbang Biopharmaceutical

01-28-2020 02:53 PM CET | Health & Medicine

Press release from: Worldwide Market Reports

Intravenous Iron Drugs

Intravenous Iron Drugs

Growing prevalence of chronic kidney disease, increasing number of patients undergoing dialysis, and rising geriatric population are the major factors driving the market. Furthermore, higher expenditure on medications, increasing investment in the healthcare sector, and rising cases of iron deficiency anemia are aiding in the market growth.

Iron is one of the crucial components in the hemoglobin and plays an important role in the transportation of oxygen throughout the body. There have been several technological advancements in the intravenous (IV) iron drugs that increases their applications such as in kidney disease and inflammatory bowel disease. The development of these medications has led to improved functional capacity, increased hemoglobin levels, and restoration of iron in people suffering from iron deficiency anemia.

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Some of Market Leaders Mentioned in This Research Report are: Allergan, AMAG Pharmaceuticals, Daiichi Sankyo, Galenica, Pharmacosmos, Nippon Shinyaku, NOXXON Pharma, Rockwell Medical, Sanofi, Wanbang Biopharmaceutical

Intravenous iron therapy is the preferred option for patients in whom oral absorption is seriously compromised due to illnesses or inability to swallow, oral administration is not tolerated, or there is a requirement of rapid improvement. Intravenous treatment is generally more costly than oral therapy and is unsuitable for the duration of the first trimester of pregnancy.

The geographical analysis of intravenous iron drugs market divides it into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In 2018, North America accounted for the largest market share due to the increasing application of intravenous iron drugs in cancer research, increasing adoption of low cost & compact intravenous iron drugs in clinical diagnostics, and infrastructural development of research laboratories.

Emerging markets such as Japan, China, South Korea, and India in the Asia Pacific region are expected to grow at a significant rate through the forecast period. This can be attributed to the increasing government investment in the biotechnology & biopharmaceutical industry, emergence of novel biologics, vaccines, & drugs, expanding medical treatment for infectious and chronic diseases, and huge number of investment opportunities in these markets.

Application Coverage (Market Size & Forecast, Different Demand Market by Region, Main Consumer Profile etc.):
Hospital
Drugstore
Others

Product Type Coverage (Market Size & Forecast, Major Company of Product Type etc.):
Ferric Carboxy Maltose
Sucrose
Dextran

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About WMR

Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends.

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