Press release
Immunoglobulins Market Key Players, Industry Demand, Overview And Supply Chain Analysis, Forecast To 2030
The Immunoglobulins Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.“The global immunoglobulins market is expected to grow from $12.89 billion in 2020 to $14.56 billion in 2021 at a compound annual growth rate (CAGR) of 13%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The market is expected to reach $19.36 billion in 2025 at a CAGR of 7.4%.”
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Top Leading Companies of Immunoglobulins Market are - Baxter International Inc., CSL Behring LLC, Grifols S.A., Octapharma, China Biologic Products Inc., Kedrion S.p.A., LFB group, Biotest AG, Sanquin, ADMA Biologics, Option Care Enterprises, Shanghai Raas Blood Products Co. Ltd and others.
Industry News and Updates:
In June 2020, CSL Behring, a US-based biopharmaceutical company acquired Vitaeris Inc. for an undisclosed amount. This acquisition accelerates the addition of clazakizumab, an anti-IL6 MAB currently in phase III development for the treatment of chronic active antibody-mediated rejection, into CSL Behring’s portfolio. Vitaeris Inc. is a US-based clinical-stage biotechnology company.
In February 2021, VectorY, a fully integrated gene therapy firm, has opened offices and laboratories in the Netherlands to develop novel vectorized antibodies for muscular and neurological illnesses. In this laboratory, VectorY creates exclusive and collaborative projects based on a revolutionary AAV platform and antibody-based targeted degradation technology. The company is developing a pipeline of new vectorized antibodies to treat muscle and CNS illnesses, to enhance delivery, durability, and accessibility of specific tissues and cells, to overcome the limits of present therapies.
The Immunoglobulins Market is segmented by Type and Application as follows:
1) By Product: IGG, IGA, IGM, IGE, IGD
2) By Mode Of Delivery: Intravenous Mode of Delivery, Subcutaneous Mode of Delivery
3) By Application: Hypogammaglobulinemia, Chronic Inflammatory demyelinating polyneuropathy (CIDP), Immunodeficiency Disease, Myasthenia Gravis, Idiopathic thrombocytopenic purpura (ITP), Others
North America was the largest region in the immunoglobulins market in 2020. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The increasing geriatric population drives the growth of the immunoglobulins market. The geriatric population is at high risk of infectious diseases and auto-immune diseases. The immunoglobulin test determines the body's ability to produce antibodies that protect it from bacteria, viruses, and allergies. According to the United Nations department of economic and social affairs (UN DESA), in 2020, the number of people aged over 65 was 727 million globally. By 2050, this figure is expected to have more than doubled, reaching over 1.5 billion people. The aging population is expected to rise from 9.3% in 2020 to 16% in 2050. Thus, the increasing geriatric population is expected to increase the demand for the immunoglobulins market during the forecast period.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Immunoglobulins Market Size & Analysis (2016 - 2030)
- Market Share Analysis of Immunoglobulins Market (%),2016 - 2030
- Immunoglobulins Market Share, By Brand
- Immunoglobulins Market Share, By Company
- Immunoglobulins Market Assessment & Opportunity (Value),2016 - 2030
- Major Companies Immunoglobulins Market Value Analysis & Forecast
- Promising Immunoglobulins Development by Major Companies
- Detailed Immunoglobulins Portfolio of the Major Companies
- Major Deals in the Immunoglobulins Market
- Major Companies Analysis
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