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In-Depth Analysis of the VariZIG Market: Growth Opportunities, Key Trends, and Forecast 2025-2034
What combination of drivers is leading to accelerated growth in the varizig market?The increase in varicella-zoster virus (VZV) infections is expected to accelerate the growth of the Varizig market. VZV is a contagious virus that causes chickenpox initially and can reactivate later as shingles. The rise in VZV infections is attributed to reduced vaccination rates, aging populations, and immune suppression from medical treatments. Varizig helps by offering passive immunity, alleviating the severity and duration of chickenpox, preventing complications in high-risk individuals, and protecting neonates and pregnant women exposed to the virus. In November 2024, the Florida Department of Health reported an increase in varicella cases to 653 in 2023, up from 428 in 2022. Therefore, the rise in VZV infections is driving the Varizig market.
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What is the projected compound annual growth rate (CAGR) of the varizig market from 2025 to 2034, and what factors influence it?
The Varizig market size has shown XX (HCAGR) in recent years. It will grow from $XX million in 2024 to $XX million in 2025, at a compound annual growth rate (CAGR) of XX%. The growth in the historic period can be attributed to the rise in healthcare expenditure, an increase in organ transplantation procedures, more government funding for immunization programs, the growing geriatric population, and the rise in private insurance coverage.
The Varizig market is expected to reach $XX million by 2029, growing at a CAGR of XX%. This growth is due to the increasing incidence of chickenpox, rising investment in varicella-related biologics, and growing demand for immune globulin products. Trends include advancements in recombinant DNA technology, development of novel formulations, and the adoption of telemedicine.
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How are the latest trends influencing the growth of the varizig market?
The dominant trend in the varizig market includes making supply agreement deals to the product targeting high-risk patient group, broadening distribution avenues, and fulfilling the increasing requirement for passive immunization, especially in urgent and high-risk situations. Typically, supply agreements describe the terms and conditions of supplying goods or services and include details such as pricing, delivery timelines, and obligations of each involved party. For example, in July 2022, an organization primarily operating in Latin America and Kamada Ltd, a biopharmaceutical company based in Israel, entered into a procurement agreement worth $11.4 million to supply varizig. The supplies are projected to occur from the last quarter of 2022 to the first half of 2023. This agreement underlines Kamada's strategy of escalating its sales of FDA-approved plasma-derived therapies on a global scale, indicating its commercial possibilities outside North America. Specifically, VARIZIG is used for post-exposure prophylaxis of varicella (chickenpox) among high-risk groups such as immunocompromised patients and newborns, identifying it as a vital therapeutic choice for these groups.
What are the major segments of the varizig market and their role in driving growth?
The varizig market covered in this report is segmented -
1) By Patient Condition: Immunocompromised Patients; Pregnant Women
2) By Distribution Channel: Hospitals; Pharmacies; Healthcare Providers
3) By End User: Adult; Geriatric; Pediatric
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Which regions are key players in the growth of the varizig market?
North America was the largest region in the varizig market in 2024. The regions covered in the varizig market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the varizig market?
Major companies operating in the varizig market are Emergent BioSolutions Inc.
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What Is Covered In The VariZIG Global Market Report?
•Market Size Forecast: Examine the varizig market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the varizig market for a structured understanding.
•Key Players Overview: Analyze major players in the varizig market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the varizig market.
•Segment Contributions: Evaluate how different segments drive overall growth in the varizig market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the varizig market.
•Industry Challenges: Identify potential risks and obstacles affecting the varizig market.
•Competitive Landscape: Review strategic developments in the varizig market, including expansions, agreements, and new product launches.
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