Intravenous Immunoglobulin Market Size is estimated to grow at a CAGR of 7.0% during the forecast period


Posted July 11, 2023 by Niraj1

During the projected period of 2022–2030, the global intravenous immunoglobulin market is anticipated to expand at a compound annual growth rate (CAGR) of 7.0%.
 
During the projected period of 2022–2030, the global intravenous immunoglobulin market is anticipated to expand at a compound annual growth rate (CAGR) of 7.0%.
Intravenous immunoglobulin (IVIG) is a blood product or therapy used to treat a variety of illnesses, such as immune thrombocytopenic purpura, hypogammaglobulinemia, Kawasaki disease, Guillain-Barré syndrome, primary immunodeficiency, chronic inflammatory demyelinating polyneuropathy, some cases of HIV/AIDS and measles, and various other infectious diseases. It can be injected into a vein, a muscle, or beneath the skin, depending on how it is made. IVIg is useful for maintaining the proper level of antibodies in the bodies of people or patients who are unable to manufacture enough antibodies.

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Growth Drivers:
The burgeoning adoption and demand of novel intravenous immunoglobulins for the treatment of various diseases, the rising number of hemophiliac patients, improving technologies for the production of immunoglobulin and improved purification techniques, the rising demand for more effective and adequate treatment measures, and the soaring investments in the healthcare sector worldwide are the main factors driving the growth of this market.
Additionally, the number of innovations and brand-new product introductions in the intravenous immunoglobulin market is rapidly growing. This also includes the introduction of numerous complementary therapies that raise awareness of immunoglobulin. The European Medicine Agency (EMA), the Food and Drug Administration (FDA), and other governmental organizations are also increasingly approving different IVIG medications, creating new growth and revenue potential for the market participants operating in the global intravenous immunoglobulin market.
However, during the forecast period, factors like the strict regulatory approval procedures and guidelines toward the widespread use of intravenous immunoglobulin products, the high cost of therapy, and the possibility of side effects associated with intravenous immunoglobulin products are expected to restrain the growth of the global intravenous immunoglobulin market.

Intravenous Immunoglobulin Market Segmentation:
By Type:
• IgG
• IgA
• IgM
• IgE
• IgD

By Application:
• Hypogammaglobulinemia
• Chronic Inflammatory Demyelinating Polyneuropathy (CIDP)
• Immunodeficiency Disease
• Myasthenia Gravis
• Multifocal Motor Neuropathy
• Idiopathic Thrombocytopenic Purpura (ITP)
• Inflammatory Myopathies
• Specific Antibody Deficiency
• Guillain–Barré Syndrome
• Others

By Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Key Companies in Intravenous Immunoglobulin Market:
• Kedrion Biopharma Inc.
• LFB group
• Biotest AG
• China Biologics Products Inc.
• Bayer Healthcare
• Baxter international Inc.
• CSL Ltd.
• Grifols S.A
• Octapharma AG
• Takeda Pharmaceutical Company Limited
• Bio Products Laboratory Limited
• Other Players

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Issued By James
Country United States
Categories Health , Industry , Medical
Tags intravenous immunoglobulin market , intravenous immunoglobulin market share , intravenous immunoglobulin market news , intravenous immunoglobulin market growth
Last Updated July 11, 2023