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Key Driver Shaping the Future Asceniv Market From 2025-2034: Impact Of Rising Respiratory Diseases On Market Growth

02-18-2025 03:59 PM CET | Health & Medicine

Press release from: The Business Research Company

Asceniv Market

Asceniv Market

What Is the Estimated Market Size and Growth Rate for the Asceniv Market?
In the recent past, the asceniv market has experienced a HCAGR of $XX. The projected growth foresees its value rise from $XX million in 2024 to $XX million in 2025, exhibiting a compound annual growth rate (CAGR) of $XX%. Factors such as a hike in demand and product adoption, amplified investments, improved accessibility to plasma medications for patients, heightened adoption of immunoglobulin products and a rise in instances of chronic obstructive pulmonary disease have significantly contributed to the growth seen during the historic period.

In the coming years, the Asceniv market is expected to record an FCAGR of $XX. By 2029, the market is projected to attain a value of $XX million, fueled by a compound annual growth rate (CAGR) of $XX%. The surge during the prediction period can be linked to the growing occurrence of primary and secondary immunodeficiency, amplified demand for existing treatments and a higher number of drugs. Furthermore, the rising incidence of immunodeficiency diseases coupled with the growing need for precision medicine are key contributors. The forthcoming period is also expected to witness significant trends such as the proliferation of drug delivery technologies, expansion of digital health technologies, advancements in treatment options in the healthcare sector, technological progress, and development of innovative products.

What Are the Forces Behind the Rapid Growth of the Asceniv Market?
The escalating occurrence of respiratory diseases is projected to boost the asceniv market's expansion in the future. These ailments, which include everything from pneumonia infections to chronic conditions like asthma and COPD, impact the lungs and airways. Agents such as air pollution, smoking, and climate change, along with an aging population and an increased susceptibility to infections, contribute to the upsurge in respiratory diseases. Asceniv aids in the battle against infections in people with immune deficiencies or viral respiratory conditions by strengthening the immune system with antibodies. The National Institutes of Health, a U.S. government agency, predicted in December 2023, for example, that the number of COPD cases would grow by 112 million to a total of 592 million by 2050, accounting for 9.5% of the eligible population. Hence, the escalating incidence of respiratory diseases is propelling the expansion of the Asceniv market.

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Who Are the Dominant Companies Influencing Asceniv Market Trends?
Major companies operating in the asceniv market include ADMA Biologics Inc.

What Are the Major Trends Shaping the Asceniv Market?
In the asceniv market, the principal trend is the adoption of product advancements such as improved room temperature storage for Asceniv. This aids in its preservation, heightens convenience, and mitigates storage and delivery issues. Improved room temperature storage for Asceniv entails longer durations of storage at room temperature without any impact on its effectiveness or safety. For instance, ADMA Biologics, a biotechnology firm based in the United States, received sanction from the FDA for improved room temperature storage conditions for its intravenous immunoglobulin products including ASCENIV and BIVIGAM in March 2024. The products can be stored at room temperature (25°C) for a maximum of four weeks over their 36-month shelf life, which eases use and distribution. This adaptation leads to superior inventory control and broader availability for healthcare providers, especially in regions with restricted refrigeration facilities. ASCENIV is prescribed for treating primary humoral immunodeficiency in adults and adolescents, and BIVIGAM is utilized for different forms of this disorder.

What Are the Different Segmentations in the Asceniv Market?
The asceniv market covered in this report is segmented -

1) By Indication: Primary Humoral Immunodeficiency, Other Indications
2) By Formulation: Liquid Form, Lyophilized Form
3) By End User: Hospitals, Clinics, Homecare

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Which Region Is at the Forefront of the Asceniv Market?
North America was the largest region in the asceniv market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the asceniv market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

What Is Covered In The Asceniv Global Market Report?

- Market Size Analysis: Analyze the asceniv Market Size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the asceniv market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall asceniv market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the asceniv market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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