Press release
Hyperimmune Globulins Market Anticipated To Witness Robust Growth, Surpassing $2.76 Billion By 2029
Hyperimmune Globulins
What Is the Current Hyperimmune Globulins Market Size and Its Estimated Growth Rate?
The hyperimmune globulins market has seen strong growth in recent years. It will grow from $1.91 billion in 2024 to $2.06 billion in 2025 at a compound annual growth rate (CAGR) of 7.8%. The market growth is driven by increased government support and rising healTH*Care expenditures.
The hyperimmune globulins market is set to grow to $2.76 billion by 2029 at a CAGR of 7.6%. This growth can be attributed to the increasing prevalence of infectious diseases, growing awareness of hyperimmune globulin injections, rising demand for immunoglobulins, and higher incidence of alpha-1 antitrypsin deficiency and immune deficiencies. Key trends include technological innovations, increased R&D investments, a rising demand for passive immunity treatments, advancements in plasma-derived therapies, and improvements in manufacturing technologies.
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How Are Emerging Segments Shaping the Hyperimmune Globulins Market Landscape?
The hyperimmune globulins market covered in this report is segmented -
1) By Type: Hepatitis B Hyperimmune Globulin, Rabies Hyperimmune Globulin, Tetanus Hyperimmune Globulin, Cytomegalovirus (CMV) Hyperimmune Globulin, Varicella-Zoster Virus (VZV) Hyperimmune Globulin, Respiratory Syncytial Virus (RSV) Hyperimmune Globulin, Other Types
2) By Route Of Administration: Intramuscular, Intravenous
3) By Application: Government Institution, Private Sector, Other Applications
Subsegments:
1) By Hepatitis B Hyperimmune Globulin: Intramuscular Hepatitis B Hyperimmune Globulin, Intravenous Hepatitis B Hyperimmune Globulin
2) By Rabies Hyperimmune Globulin: Rabies Immune Globulin (Human), Rabies Immune Globulin (Equine)
3) By Tetanus Hyperimmune Globulin: Tetanus Immune Globulin (Human), Tetanus Immune Globulin (Equine)
4) By Cytomegalovirus (Cmv) Hyperimmune Globulin: Cmv Immune Globulin For Organ Transplantation, Cmv Immune Globulin For Neonatal Infection
5) By Varicella-Zoster Virus (Vzv) Hyperimmune Globulin: Vzv Immune Globulin For Post-Exposure Prophylaxis, Vzv Immune Globulin For Immunocompromised Patients
6) By Respiratory Syncytial Virus (Rsv) Hyperimmune Globulin: Rsv Immune Globulin For Infants And Children, Rsv Immune Globulin For Adults With Respiratory Conditions
7) By Other Types: Diphtheria Hyperimmune Globulin, Botulism Hyperimmune Globulin, Other Specialized Hyperimmune Globulins
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Which Growth Factors Are Influencing Hyperimmune Globulins Market Expansion?
The increasing prevalence of infectious diseases is expected to propel the growth of the hyperimmune globulin market going forward. Infectious diseases are illnesses caused by harmful agents (pathogens) such as viruses, bacteria, fungi, and parasites. The increasing prevalence of infectious diseases can be attributed to factors such as antimicrobial resistance, climate change, and population growth. Hyperimmune globulins are utilized in infectious diseases to provide immediate passive immunity by delivering concentrated antibodies against specific pathogens, aiding in the prevention or treatment of diseases such as rabies, hepatitis B, or tetanus. For instance, in April 2024, according to the Centers for Disease Control and Prevention, a U.S.-based government agency, chronic hepatitis B cases in the US increased by approximately 17% from 14,229 cases in 2021 to 16,729 cases in 2022. Therefore, the increasing prevalence of infectious diseases is driving the growth of the hyperimmune globulin market.
Who Are the Dominant Players Across Different Hyperimmune Globulins Market Segments?
Major companies operating in the hyperimmune globulins market are F. Hoffmann-La Roche AG, Bayer AG, Takeda Pharmaceutical Company Limited, Baxter International Inc., CSL Ltd., Fresenius Kabi AG, Grifols SA, Octapharma AG, Shanghai RAAS Blood Products Co. Ltd., Emergent BioSolutions Inc., Kedrion Biopharma Inc., LFB SA, Hualan Biological Engineering Inc., FFF Enterprises Inc., Taibang Biologic Group, Bio Products Laboratory (BPL) Ltd., ADMA Biologics, Cangene Corporation, Kamada Ltd., Saol Therapeutics Inc., Omrix Biopharmaceuticals Ltd., Shire, Sichuan Yuanda Shuyang Pharmaceutical Co. Ltd., BioCare Inc.
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Which Geographic Regions Are Expected to Dominate the Hyperimmune Globulins Market in the Coming Years?
North America was the largest region in the hyperimmune globulins market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hyperimmune globulins market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Hyperimmune Globulins Market?
2. What is the CAGR expected in the Hyperimmune Globulins Market?
3. What Are the Key Innovations Transforming the Hyperimmune Globulins Industry?
4. Which Region Is Leading the Hyperimmune Globulins Market?
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