Press release
Intravenous Immunoglobulin (IVIG) Market: Rising Demand and Value Growth Trend Towards US$ 20.5 Bn by 2031 - TMR Insights
Intravenous Immunoglobulin
The IVIG market was valued at US$ 11.2 billion in 2021 and is projected to expand at a CAGR of 7.3% from 2022 to 2031. By the end of 2031, the market is expected to reach US$ 20.5 billion. The increasing adoption of IVIG therapies in treating neurological and immunodeficiency disorders is a key driver of market growth.
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Analyst Viewpoint
Industry analysts anticipate a robust expansion in the IVIG market, driven by rising awareness of immunodeficiency treatments, increased diagnostic capabilities, and improved access to healthcare. However, challenges such as supply shortages of plasma-derived products and high treatment costs may impact market growth.
Key Market Drivers
Rising Prevalence of Immune Disorders - Increasing cases of primary and secondary immunodeficiencies boost market demand.
Advancements in Plasma Collection Technologies - Enhanced plasma fractionation techniques improve product availability.
Expanding Applications in Neurology - IVIG is increasingly used for treating neurological disorders like Guillain-Barré syndrome and chronic inflammatory demyelinating polyneuropathy (CIDP).
Growing Geriatric Population - Aging populations with weakened immune systems drive the need for IVIG therapy.
Favorable Government Policies - Regulatory support and reimbursement policies encourage IVIG adoption.
Recent Developments
2021 - Grifols S.A. expanded its plasma collection centers to strengthen IVIG production and meet growing demand.
2022 - CSL Behring launched a new IVIG formulation aimed at enhancing patient compliance and treatment efficacy.
2023 - Takeda Pharmaceuticals announced significant investment in plasma collection and processing infrastructure to address supply constraints.
2024 - Octapharma received regulatory approval for an advanced IVIG therapy for treating autoimmune diseases.
Key Players
Baxalta Incorporated
Biotest AG
China Biologic Products, Inc.
CSL Behring LLC
Grifols S.A.
Kedrion S.p.A.
LFB Biomedicaments S.A.
Octapharma AG
Sanquin Plasma Products B.V.
Other prominent players
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Market Trends and Opportunities
The IVIG market is witnessing increased adoption due to its effectiveness in treating various autoimmune and neurological disorders. Technological advancements in plasma fractionation and purification are improving product efficacy and safety. Additionally, expanding research into novel applications of IVIG, such as Alzheimer's disease treatment, is creating new growth opportunities. The market is also experiencing a shift toward subcutaneous immunoglobulin (SCIG) therapy, offering better patient convenience and adherence.
Market Segmentation
Indication
Chronic Inflammatory Demyelinating Polyneuropathy (CIDP)
Primary Humoral Immunodeficiency
Idiopathic Thrombocytopenic Purpura (ITP)
Guillain-Barre Syndrome
Myasthenia Gravis
Multifocal Motor Neuropathy (MMN)
Kawasaki Disease
Hypogammaglobulinemia
Chronic Lymphocytic Leukemia
Others
End-user
Hospitals
Clinics
Home Care
Future Outlook
The IVIG market is set for substantial growth, driven by rising disease prevalence, improved plasma collection infrastructure, and ongoing research into new therapeutic applications. Companies investing in plasma sourcing and innovative treatment formulations will be well-positioned for success in the evolving IVIG landscape.
Regional Analysis
North America - Leads the market due to high awareness, advanced healthcare facilities, and strong industry presence.
Europe - Significant market share with increasing government initiatives supporting immunoglobulin therapies.
Asia-Pacific - Expected to witness the fastest growth due to rising healthcare investments and increasing incidence of immune disorders.
Latin America & Middle East & Africa - Emerging markets with growing demand for IVIG treatments and improving healthcare accessibility.
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