Press release
Immunoglobulins Market to Witness a Robust CAGR During 2020 – 2027 | ADMA Biologics, Inc., Baxter international Inc., Bayer Healthcare, CSL Behring, BioScrip, Inc., Biotest AG, Boya Bio, China Biologics Products, Inc., CSL Ltd., CTBB, Grifols S.A
The latest research study released by Stratagem Market Insights with 100+ pages of analysis, This “Global Immunoglobulins Market Insights Report 2020-2027“ highlights key market dynamics of the industry and covers historic data, current market trends, environment, technological innovation, upcoming technologies and the technical progress in the associated industry. Attaining complete info about the trends and opportunities in the industry is a fairly time-consuming process that is eased with this report. Top players in the market, major collaborations, mergers, and acquisitions alongside trending innovation and business policies are additionally re-evaluated in this market research report. What is more, the statistical facts included in this report are interpreted with the help of most established tools such as SWOT analysis and Porter’s Five Forces Analysis.Request For Sample Copy of This Exclusive Report: https://www.stratagemmarketinsights.com/sample/14271
An immunoglobulin (Ig), also known as an antibody, is a protein used by the immune system to neutralize pathogens. There are various types of Igs that include IgA, IgD, IgE, IgG, and IgM. Igs find application in diagnosis and treatment of various diseases such as rheumatoid arthritis (RA), multiple sclerosis (MS), psoriasis, and cancer.
Increasing prevalence of pandemic diseases is expected to propel growth of EMEA immunoglobulins market over the forecast period. For instance, there have been 219,187 confirmed cases of COVID-19 with 31,855 deaths in the U.K. from Jan 31, 2020 to May 12, 2020, as reported to the World Health Organization. Moreover, increasing prevalence of cancer is also expected to aid in growth of the market. For instance, according to a study, ‘Projections of cancer prevalence in the United Kingdom, 2010-2040’, published in British Journal of Cancer, the number of people suffering from cancer in the U.K. is expected to increase from 2.5 million in 2015 to 4 million by 2030.
Antibody testing for Covid-19 is expected to offer lucrative growth opportunities for players in EMEA immunoglobulins market. For instance, in April 2020, The Robert Koch Institute, Germany, launched Covid-19 antibody testing in Germany. Similarly, Abbott Laboratories received Emergency CE mark for its SARS-CoV-2 IgG lab-based serology blood test on the Alinity i system.
Major players in the market are focused on adopting various strategies to enhance their market share. For instance, in November 2019, ADMA Biologics, Inc. presented its corporate overview at the Jefferies 2019 London Healthcare Conference, held at the Waldorf Hilton London, UK.
Key Takeaways:
• Increasing prevalence of pandemic diseases to augment growth of EMEA immunoglobulins market over the forecast period
• Major players in the market are focused on adopting partnership strategies to expand their product portfolio. For instance, in April 2020, CSL Behring partnered with SAB Biotherapeutics for development of SAB-185, a COVID-19 therapeutic candidate, a high-potency immunotherapy delivering human polyclonal antibodies targeted to SARS-CoV-2.
• Major players operating in EMEA immunoglobulins market include, ADMA Biologics, Inc., Baxter international Inc., Bayer Healthcare, CSL Behring, BioScrip, Inc., Biotest AG, Boya Bio, China Biologics Products, Inc., China National Pharmaceutical Group, CSL Ltd., CTBB, Grifols S.A, Hualan Biological Engineering Inc., Jiade Bio, Kedrion Biopharma Inc, LFB Group, Octapharma AG, Omrix Biopharmaceuticals Ltd., Option Care Enterprises, Inc., Shanghai RAAS Blood Products Co., Ltd., Shanxi Kangbao Biological, Shire (Baxalta), Shuanglin Bio Pharm, Sichuan Yuanda Shuyang Pharmaceutical, and Weilun Bio
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