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Intravenous Iron Market is expected to reach USD 4.78 Billion by 2029 and is expected to undergo a CAGR of 9.00%

09-09-2024 08:58 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Data Bridge Market Research Private Ltd .

/ PR Agency: Data Bridge Market Research Private
Intravenous Iron Market is expected to reach USD 4.78 Billion by 2029 and is expected to undergo a CAGR of 9.00%

Intravenous Iron Market is expected to reach USD 4.78 Billion by 2029 and is expected to undergo a CAGR of 9.00%

"Intravenous Iron Market Segmentation: Identifying Core Segments

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.

Intravenous Iron Market CAGR Etimation

 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 Report https://www.databridgemarketresearch.com/reports/global-intravenous-iron-market

Intravenous Iron Market Growth or Demand Increase or Decrease for What Contains:

**Market Analysis of Intravenous Iron Market**

In 2021, the global intravenous iron market experienced significant growth driven by the increasing prevalence of anemia, especially among women of childbearing age and patients with chronic kidney disease. The market witnessed a surge in demand for intravenous iron products due to their effectiveness in quickly replenishing iron stores in the body. Moreover, the rising awareness about the benefits of intravenous iron therapy compared to oral iron supplements also contributed to market growth. The market saw a steady rise in investments in research and development activities focused on introducing advanced formulations with improved efficacy and reduced side effects.

Looking ahead to 2029, the intravenous iron market is expected to continue its growth trajectory, propelled by factors such as the expanding geriatric population, rising incidences of chronic diseases leading to anemia, and increasing healthcare expenditure worldwide. The market is anticipated to witness a surge in strategic collaborations and partnerships among key players to expand their product portfolios and geographical presence. Additionally, advancements in drug delivery technologies and increasing focus on personalized medicine are likely to drive innovation in the intravenous iron market, leading to the introduction of novel therapies with enhanced therapeutic outcomes.

**Segments of the Intravenous Iron Market:**

- By Product Type: Iron Dextran, Iron Sucrose, Ferric Carboxymaltose, Ferric Gluconate, Others
- By Indication: Iron Deficiency Anemia, Chronic Kidney Disease, Inflammatory Bowel Disease, Gynecologic Disorders, Heart Failure, Others
- By Distribution Channel: Hospitals, Clinics, Retail Pharmacies, Online Pharmacies

**Market Players in the Intravenous Iron Market:**

- Vifor Pharma
- AMAG Pharmaceuticals, Inc.
- Pharmacosmos A/S
- Luitpold Pharmaceuticals
- American Regent
- Rockwell Medical
- Allergan
- Shield Therapeutics
- Akebia Therapeutics, Inc.
- Advanz Pharma

The intravenous iron market is poised for robust growth in the upcoming years, driven by several key factors that are set to shape the industry landscape. One of the primary drivers of growth is the increasing prevalence of anemia, particularly among women of childbearing age and individuals with chronic kidney disease. Anemia is a widespread condition that can have significant health implications if left untreated, creating a strong demand for intravenous iron products that can quickly and effectively replenish iron stores in the body. This growing awareness about the benefits of intravenous iron therapy compared to traditional oral supplements is expected to further fuel market expansion.

Another factor contributing to the growth of the intravenous iron market is the expanding geriatric population globally. As the elderly population continues to increase, so too does the incidence of chronic diseases that can lead to anemia. This demographic shift is anticipated to drive the demand for intravenous iron products, as older adults may require more intensive and immediate iron supplementation due to age-related health issues. Furthermore, the rising healthcare expenditure worldwide is projected to support market growth, as governments and healthcare organizations invest in improving access to essential treatments like intravenous iron therapy.

In terms of market segmentation, the intravenous iron market is categorized based on product type, indication, and distribution channels. The diverse range of products available, including Iron Dextran, Iron Sucrose, Ferric Carboxymaltose, and others, caters to varying patient needs and preferences. Indications for intravenous iron therapy span across conditions such as Iron Deficiency Anemia, Chronic Kidney Disease, Inflammatory Bowel Disease, Gynecologic Disorders, and Heart Failure, offering a broad spectrum of applications for these products. The distribution channels for intravenous iron products encompass hospitals, clinics, retail pharmacies, and online pharmacies, ensuring convenient access for patients across different settings.

Key players in the intravenous iron market, such as Vifor Pharma, AMAG Pharmaceuticals, Pharmacosmos A/S, and others, are highly focused on**Market Players in the Intravenous Iron Market:**

- Vifor Pharma
- AMAG Pharmaceuticals, Inc.
- Pharmacosmos A/S
- Luitpold Pharmaceuticals
- American Regent
- Rockwell Medical
- Allergan
- Shield Therapeutics
- Akebia Therapeutics, Inc.
- Advanz Pharma

In addition to the key players mentioned in the original data, there are several other prominent companies that play a significant role in the intravenous iron market. These market players bring a wealth of experience, expertise, and innovative solutions to the industry. 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), and Vifor Pharma Management Ltd. (Switzerland) are among the companies shaping the landscape of the intravenous iron market.

These market players are actively involved in research and development efforts to introduce advanced intravenous iron formulations that offer improved therapeutic outcomes and enhanced patient compliance. By focusing on product innovation and strategic partnerships, these companies aim to strengthen their market presence and meet the evolving needs of healthcare providers and patients. Collaborations

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Data Bridge Market Research:

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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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