Press release
Smart diagnosis to capture the Intravenous Immunoglobulin Market, reaching US$ 25,884 Million in 2032
Market Overview:
The global intravenous immunoglobulin market is likely to reach a market value of US$ 12,000 Million in 2022 and is expected to accumulate a market value of US$ 25,884 Million by registering a CAGR of 7.9% in the forecast period 2022-2032. Growth of the intravenous immunoglobulin market can be attributed to the fact that it is the only available treatment option for treatment. The market for intravenous immunoglobulin registered a CAGR of 5% in the historical period 2016-2021
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Key Players:
Biotest AG
Baxter International Inc.
Octapharma AG
LFB Biotechnologies
Grifols SA
CSL Behring
China Biologics Products Inc.
Kedrion Biopharma
BDI Pharma Inc.
Pfizer Inc.
Drivers and Restraints:
The intravenous immunoglobulin market is influenced by various drivers and restraints. On the one hand, the increasing prevalence of immunodeficiency disorders, such as primary immunodeficiency diseases (PIDD), and autoimmune diseases, including multiple sclerosis, and chronic inflammatory demyelinating polyneuropathy (CIDP), are driving the demand for intravenous immunoglobulin products. Moreover, advancements in the production process and the availability of plasma-derived and recombinant immunoglobulin products are boosting the market growth. On the other hand, the high cost of these therapies and their adverse effects, including thrombotic events and renal dysfunction, are restraining the market growth. Additionally, the shortage of plasma supply and stringent regulatory requirements for the manufacturing and distribution of intravenous immunoglobulin products are also affecting the market growth.
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