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Global Intravenous Immunoglobulin Market Analysis: Trends, Growth Drivers, Challenges, and Opportunities Forecast To 2032 || Bio Products Laboratory Ltd., Biotest AG, China Biologic Products Holdings Inc
Intravenous Immunoglobulin Market
Intravenous Immunoglobulin Market Size, Growth Rate, And Forecast
The global intravenous immunoglobulin market size is expected to grow from $12.86 billion in 2022 to $13.75 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The intravenous immunoglobulin market size is expected to grow to $17.95 billion in 2027 at a CAGR of 6.9%.
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Intravenous Immunoglobulin Market Drivers
The increasing geriatric population is expected to drive the intravenous immunoglobulin market forward. The geriatric population refers to the population above 65 years of age. As people grow old, their immunity does not work properly and there is a lack of antibodies. Therefore, they need immunoglobulins to provide them with antibodies. This increases demand for intravenous immunoglobulins and drives the intravenous immunoglobulin market forward. For instance, in 2021, according to the Elderly in India 2021 report by the National Statistical Office (NSO), a statistics wing of the Ministry of Statistics and Programme Implementation of the government of India, in 2021, 138 million elderly people were there in India and the number is expected to rise to 194 million by 2031.
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Intravenous Immunoglobulin Market Segments
• By Type: IgG (Immunoglobulin G), IgM (Immunoglobulin M), IgA (Immunoglobulin A), IgE (Immunoglobulin E), IgD (Immunoglobulin D)
• By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Other Distribution Channels
• By Application: Hypogammaglobulinemia, Chronic Inflammatory Demyelinating Polyneuropathy (CIDP), Primary Immunodeficiency Diseases, Myasthenia Gravis, Multifocal Motor Neuropathy, Other Applications
• By End-User: Hospitals, Clinics, Home Care
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Intravenous Immunoglobulin market.
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Intravenous Immunoglobulin Market Key Players
Major competitors in the intravenous immunoglobulin market are Bio Products Laboratory Ltd., Biotest AG, China Biologic Products Holdings Inc., CSL Behring, Grifols SA, Kedrion SpA, Shanghai RAAS Blood Products Co Ltd., Octapharma AG, Takeda Pharmaceutical Company Limited, Baxter International Inc.
The Business Research Company's "Global Intravenous Immunoglobulin Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Intravenous Immunoglobulin Market Include:
1. Executive Summary
2. Intravenous Immunoglobulin Market Characteristics
3. Intravenous Immunoglobulin Market Trends And Strategies
4. Intravenous Immunoglobulin Market - Macro Economic Scenario
5. Intravenous Immunoglobulin Market Size And Growth
………………
27. Intravenous Immunoglobulin Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Intravenous Immunoglobulin Market
29. Intravenous Immunoglobulin Market Future Outlook and Potential Analysis
30. Appendix
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Intravenous Immunoglobulin Market Outlook 2031
The global intravenous immunoglobulin market was valued at US$ 11.2 Bn in 2021
It is estimated to grow at a CAGR of 7.3% from 2022 to 2031
The global intravenous immunoglobulin market is expected to reach value of US$ 20.5 Bn by the end of 2031
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