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Intravenous Iron Market to Obtain Overwhelming Growth of USD 4.78 billion by 2029, Size, Share, Trends, Growth Opportunities and Competitive Outlook

07-31-2024 08:54 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Data Bridge Market Research Private Ltd .

/ PR Agency: Data Bridge Market Research
Intravenous Iron Market to Obtain Overwhelming Growth of USD 4.78 billion by 2029, Size, Share, Trends, Growth Opportunities and C

Intravenous Iron Market to Obtain Overwhelming Growth of USD 4.78 billion by 2029, Size, Share, Trends, Growth Opportunities and C

"The market size of Intravenous Iron Market has expanded significantly, driven by increasing demand and evolving consumer preferences. This growth is supported by insightful research reports and detailed revenue analysis, which highlight the sector's potential for further expansion. Teva Pharmaceutical Industries Ltd.(Israel), Sanofi (France), Pfizer Inc. (U.S.), Novartis AG (Switzerland), Bayer AG (Germany), Merck & Co., Inc. (U.S.), Abbott (U.S.), AbbVie Inc. (U.S.), Sun Pharmaceutical Industries Ltd. (India), Hikma Pharmaceuticals PLC (U.K.), Covis Pharma GmbH (U.S.), PHARMACOSMOS A/S (Denmark), Vifor Pharma Management Ltd. (Switzerland) within Intravenous Iron Market are strategically positioned to capitalize on emerging opportunities, leveraging industry insights to drive innovation and meet consumer demands effectively.

Despite its promising outlook, Intravenous Iron Market faces challenges such as regulatory changes and competitive pressures. However, growth drivers such as technological advancements and strategic investments propel the market forward, offering valuable insights into future scope and opportunities. As industry leaders navigate these dynamics, they contribute to the market overall value and influence, shaping its trajectory through informed strategies and market insights.

Data Bridge Market Research analyses that the Global Intravenous Iron Market which was USD 2.4 Billion in 2021 is expected to reach USD 4.78 Billion by 2029 and is expected to undergo a CAGR of 9.00% during the forecast period of 2021 to 2029

 Explore Further Details about This Research Intravenous Iron Market Share Report https://www.databridgemarketresearch.com/reports/global-intravenous-iron-market

  This Intravenous Iron Market report Segments Market growth rate, market shares, market size is also being highlighted in this report.

Global Intravenous Iron Market, By Application (Gastroenterology, Gynaecology, Nephrology, Oncology, Cardiology, Hematology, Surgeries, Others), Product (Iron Dextran, Ferric Gluconate, Iron Sucrose, Ferric Carboxyl Maltose, Others), End-Users (Hospitals, Homecare, Speciality Centres, Others), Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retail Pharmacy) - Industry Trends and Forecast to 2029.

Global Intravenous Iron Market Dynamics

Drivers

Rising Incidences of Chronic Kidney Disease

As per the National Kidney Foundation, Inc., the two major causes of chronic kidney disease are diabetes and hypertension. Data indicates that around 10% of the global population is affected by chronic kidney disease, with more than 2 million individuals receiving dialysis on a regular basis.  Majority of individuals who are suffering from this disease are not aware until serious symptoms appear. It is projected that the incidence of chronic kidney cases will rise across highly economic countries, such as India and China, which infers an increase in the elderly population over the coming years. 

Opportunities

Increase in Anaemia

 As per the records of the National Heart, Lung, and Blood Institute, an estimated 3 million individuals suffer from anaemia in the U.S. Growing incidence of target diseases, such as kidney conditions, rheumatoid arthritis, autoimmune diseases, liver disorders, thyroid diseases, cancer, and inflammatory bowel diseases, is a major factor assisting the growth of the market for intravenous iron. According to WHO, around 42% of children below the age of 5 years and 40% of pregnant women are suffering from some form of anaemia. Thus, it creates opportunity for the market growth.

Increasing Prevalence of Cancer

An increasing number of cancer patients tend to develop Iron Deficiency Anemia. Common types of cancer that are associated with anemia includes cervical cancer, blood cancer, bone cancer, colon cancer, and prostate cancer. Lung and breast tumors have been stated with the highest incidence of anemia among solid tumors. Hematologic malignancies such as leukemia, lymphoma, and multiple myeloma produce abnormal blood cells that consequently harm the immune system and cause anemia. Cancer treatments such as chemotherapy and radiation therapy also accelerate anemia in cancer patients. This creates more opportunity in the market.

Prominent market player analysis-

The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the market's extension. This Global Intravenous Iron Market report provides the information of the Major Key Players in the market their business strategy, financial situation etc.

Teva Pharmaceutical Industries Ltd.(Israel), Sanofi (France), Pfizer Inc. (U.S.), Novartis AG (Switzerland), Bayer AG (Germany), Merck & Co., Inc. (U.S.), Abbott (U.S.), AbbVie Inc. (U.S.), Sun Pharmaceutical Industries Ltd. (India), Hikma Pharmaceuticals PLC (U.K.), Covis Pharma GmbH (U.S.), PHARMACOSMOS A/S (Denmark), Vifor Pharma Management Ltd. (Switzerland)

Key Influence of this Intravenous Iron Market:

Comprehensive assessment of all opportunities and risk in this Intravenous Iron Market
This Intravenous Iron Marketrecent innovations and major events
Detailed study of business strategies for growth of the this Intravenous Iron Market leading players
Conclusive study about the growth plot of the Market for forthcoming years
In-depth understanding of this Intravenous Iron Market particular drivers, constraints and major micro markets
Favorable impression inside vital technological and market latest trends striking this Intravenous Iron Market
To provide historical and forecast revenue of the Intravenous Iron Marketsegments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
To provide country level analysis of the Intravenous Iron Market t with respect to the current market size and future prospective

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"

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Data Bridge Market Research is a market research and consulting company that educates its clients about the market and encourages growth and expansion. We offer customized reports, syndicated research, consulting services, cloud-connected intelligence, and a holistic suite of offerings including competitive intelligence, epidemiology analyses, trade analytics, country analysis, and pharma insights. We deliver objective and actionable insights, crafted to meet the unique needs of our clients. Our database features thousands of statistics and in-depth analyses on 200 plus industries and more than 5000 markets in 75 major countries globally. Additionally, DBMR has served for more than 40% of Fortune 500 firms internationally and has a more than 3000 client's network.

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