Press release
Future of the Global Hyperimmune Globulins Market: Drivers, Innovations, and Key Forecasts Through 2034
Hyperimmune Globulins Market
Hyperimmune Globulins Market Size Growth Forecast: What to Expect by 2025?
The global market for hyperimmune globulins has demonstrated robust expansion lately, projected to ascend from a valuation of $1.91 billion in 2024 to $2.06 billion the following year, reflecting a compound annual growth rate (CAGR) of 7.5 percent, with this upward trend during the past period stemming from augmented governmental backing and swelling healthcare outlays.
How Will the Hyperimmune Globulins Market Size Evolve and Grow by 2029?
Projections indicate a robust expansion for the hyperimmune globulins sector, with market value anticipated to reach $2.71 billion by 2029, reflecting a compounded annual growth rate of 7.1% across the forecast horizon, driven primarily by the escalating incidence of various infectious ailments, heightened recognition regarding the advantages conferred by hyperimmune globulin treatments, a mounting need for immunoglobulins generally, the growing occurrence of alpha-1 antitrypsin deficiency, and an uptick in immune deficiency cases; concurrent major shifts anticipated to shape this period involve ongoing technological progress and novel developments, increased financial commitment to research and development efforts, a push for passive immunity solutions, evolution in plasma-derived treatment modalities, and improvements in the processes utilized for manufacturing these products.
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What Drivers Are Propelling the Growth of Hyperimmune Globulins Market Forward?
Propelled by the rising incidence of contagious illnesses globally, the market for hyperimmune globulin is anticipated to expand as these ailments, originating from unwelcome invaders like viruses, bacteria, fungi, and parasites entering the system, become more common. This surge in infectious disease prevalence is linked to several underlying causes, including the growing resistance to antimicrobials, shifts in global climate patterns, and an expanding human population. Hyperimmune globulins are specifically employed in managing infectious diseases because they furnish instant passive immunity through the administration of concentrated antibodies targeted at particular disease-causing agents, offering assistance in either stopping or remedying conditions such as tetanus, hepatitis B, or rabies. To illustrate this trend, official data from the Centers for Disease Control and Prevention, a US governmental entity, indicated in April 2024 that the number of documented chronic hepatitis B cases within the United States saw an approximate rise of 17 percent, moving from 14,229 instances recorded in 2021 to 16,729 such cases in 2022, which consequently underscores the upward trajectory of the hyperimmune globulin market fueled by this increasing disease burden.
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What Are the Key Segments in the Hyperimmune Globulins Market?
The hyperimmune globulinsmarket 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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Who Are the Key Players Shaping the Hyperimmune Globulins Market's Competitive Landscape?
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.
What Geographic Markets Are Powering Growth in the Hyperimmune Globulins Market?
North America was the largest region in the hyperimmune globulins market in 2024. 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.
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