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Intravenous Immunoglobulin Market is Expected to Gain Popularity Across the Globe (at a CAGR of 7.3) by 2031 | Transparency Market Research

03-14-2024 01:37 PM CET | Health & Medicine

Press release from: Transparency Market Research

Intravenous Immunoglobulin Market is Expected to Gain

The IVIG market encompasses a wide range of products offered by pharmaceutical companies and plasma fractionators. These products differ in terms of formulation, concentration, purity, and therapeutic indications. IVIG is typically administered in hospital settings, infusion centers, or through home infusion services under the supervision of healthcare professionals. The market is influenced by factors such as patient demographics, prevalence of immune-mediated diseases, reimbursement policies, and regulatory requirements.

Intravenous Immunoglobulin market is estimated to attain a valuation of US$ 20.5 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 7.3% during the forecast period, 2022-2031

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The significant players operating in the global Intravenous Immunoglobulin market are

 Baxalta Incorporated, Biotest AG, China Biologic Products, Inc., CSL Behring LLC, Grifols S.A., Kedrion S.p.A., LFB Biomedicaments S.A., Octapharma AG, and Sanquin Plasma Products B.V., among others.

Key Drivers of Intravenous Immunoglobulin (IVIG) Market:

Increasing Incidence of Autoimmune and Immunodeficiency Disorders: The rising prevalence of autoimmune diseases, primary immunodeficiencies, and other immune-mediated conditions has led to growing demand for IVIG as a therapeutic intervention.

Expanding Applications in Neurology: IVIG is increasingly being used in the treatment of neurological disorders such as Guillain-Barré syndrome, chronic inflammatory demyelinating polyneuropathy, and myasthenia gravis, driving market growth in the neurology segment.

Advancements in Plasma Fractionation Technology: Ongoing advancements in plasma fractionation technology have enabled the production of high-quality IVIG products with improved purity, safety, and efficacy, expanding the market for IVIG.

Increased Awareness and Acceptance: Growing awareness among healthcare providers and patients about the therapeutic benefits of IVIG in managing immune-mediated disorders has contributed to increased acceptance and utilization of IVIG products.

Regulatory Support and Reimbursement Policies: Favorable regulatory environments and reimbursement policies for IVIG therapy in various countries have facilitated patient access and contributed to market growth.

Recent Developments in the Intravenous Immunoglobulin (IVIG) Market:

Introduction of novel IVIG formulations with improved pharmacokinetic profiles, stability, and patient convenience.
Expansion of market players' product portfolios through acquisitions, partnerships, and licensing agreements to enhance their presence in the IVIG market.
Adoption of innovative manufacturing processes and technologies to increase production capacity and meet growing demand for IVIG products.
Development of targeted IVIG therapies for specific indications and patient populations, including pediatric and geriatric patients.
Implementation of quality assurance measures and regulatory compliance standards to ensure the safety and efficacy of IVIG products.

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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

This Report lets you identify the opportunities in Intravenous Immunoglobulin Market by means of a region:

North America (the United States, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
South America (Brazil etc.) The Middle East and Africa (North Africa and GCC Countries)

Key Features of the Intravenous Immunoglobulin Market Report: -

➤ Analyze competitive developments such as expansions, deployments, new product launches, and market acquisitions.

➤ Examine the market opportunities for stakeholders by identifying higher growth sections.

➤ To study and analyze the global Intravenous Immunoglobulin industry status and forecast including key regions.

➤ An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.

➤ It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.

➤ It helps you make strategic business decisions and investment plans.

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About Us Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

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