Intravenous Immunoglobulin Market Players Review 2022 | Fast Forward Research
Intravenous Immunoglobulin Market
The intravenous immunoglobulin (IVIG) market
is a rapidly growing sector in the pharmaceutical industry. IVIG is a blood
product that is made from the plasma of healthy donors and is used to treat a
variety of conditions such as immune deficiencies, autoimmune disorders, and
neurological diseases.
The global Intravenous
Immunoglobulin market has been evaluated as moderately
growing market and it is expected that the market will continue to grow
similarly in the near future. The demand for new products and therapy is
growing continuously. The intravenous immunoglobulin market size is expected to
grow by 7.50% and is expected to reach USD 20.96 Billion during the forecast
period
The market is dominated by a few key players, including Baxter International,
Grifols S.A., CSL Behring LLC, Octapharma AG, Kedrion S.p.A., and Biotest AG.
These companies are investing in research and development to expand their
product offerings and improve the efficacy and safety of IVIG products.
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North America dominates the IVIG market due to the high prevalence of
autoimmune diseases and the availability of advanced healthcare infrastructure.
However, Asia Pacific is expected to grow at the fastest rate due to the
increasing healthcare expenditure and rising awareness about immunodeficiency
disorders and autoimmune diseases in the region.
Major Key
Players:
Some of the Intravenous Immunoglobulin
Market Players are ABEONA THERAPEUTICS (US), Baxter
(US), BDI Pharma (US), Biotest AG.(Germany),, China Biologic Products, Inc.
(China), CSL Behring (US), Grifols Inc. (Spain), Kedrion S.p.A (us), Octapharma
(Switzerland), Shire (Republic of Ireland), AND others.
Segment Analysis
Intravenous Immunoglobulin (IVIg) Market has been
segmented on the basis of type which comprise Plaque psoriasis, Scalp
psoriasis, Nail psoriasis, Guttate psoriasis, Inverse psoriasis, Pustular
psoriasis, Erythrodermic psoriasis and others. Plaque psoriasis is most common
type and about 80% of the cases are plaque psoriasis. On the basis of ivig
treatment type it segmented into Topical corticosteroids, Vitamin D analogues
(Calcipotriene, Calcitriol), Anthralin, Topical retinoids (Retinol, Tretinoin
(retinoic acid / retin-A /Steiva-A), Adapalene (Differin), Tazarotene),
Calcineurin inhibitors (tacrolimus (Prograf), pimecrolimus (Elidel)), Salicylic
acid, Coal tar, Moisturizers, and Others. Vitamin D analogs such as
Calcipotriene and Calcitriol very helpful and helps to slow skin cell growth.
Topical retinoids like are Retinol, Tretinoin (retinoic acid / retin-A
/Steiva-A), Adapalene (Differin), Tazarotene are vitamin A derivatives that
helps to reduce inflammation.
Regional Analysis
The North American region, heading with the presence of a large number
of key players and a well-established healthcare sector accounts for the
leading market in the global IVIg market.
The US market backed by the high expenditure on healthcare accounts for
the largest contributor to the growth of the regional market. Moreover, the
increasing prevalence of immunodeficiency disorder and rising demand for
treatment measures provide impetus to market growth.
The intravenous immunoglobulin market in the European region accounts
for the second-largest market, globally.
The IVIg market in Europe is fostered by the high per capita income and
robust healthcare penetration in the region. The strong market growth in
countries like Germany & France drives the regional market growth, large
scale. Moreover, factors such as the increasing investments in healthcare and
the rising number of patients with immune system diseases are helping the
market to create a larger revenue pocket.
The Asia Pacific intravenous immunoglobulin market is expected to
perceive an exponential growth. Factors such as the vast population and the
burgeoning medical treatment market, especially in India & China, drive the
growth of the regional market. Vietnam, Thailand, and Malaysia among the other
South East Asian countries are projected to contribute significantly to the
market growth in the region. With the growing Medical Tourism markets in India
& Malaysia, the APAC region will register a significant CAGR during the
review period.
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