Intravenous Immunoglobulin Market Size
Market Outlook:
Intravenous Immunoglobulin Market exceeded USD 14.72 Billion in 2023 and is poised to cross USD 29.67 Billion by end of the year 2032, growing at over 8.1% CAGR between 2024 and 2032.
Base Year Value (2023)
USD 14.72 Billion
19-23
x.x %
24-32
x.x %
CAGR (2024-2032)
8.1%
19-23
x.x %
24-32
x.x %
Forecast Year Value (2032)
USD 29.67 Billion
19-23
x.x %
24-32
x.x %
Historical Data Period
2019-2023
Largest Region
North America
Forecast Period
2024-2032
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Market Dynamics:
Growth Drivers & Opportunity:The increasing prevalence of immunodeficiency diseases and autoimmune disorders is a major driver for the growth of the intravenous immunoglobulin market. The aging population and rising awareness about the benefits of IVIG therapy are also contributing to market growth. Furthermore, advancements in technology and ongoing research and development efforts in the field of immunoglobulin therapies are expected to create lucrative opportunities for market growth.
Industry
Report Scope
| Report Coverage | Details |
|---|---|
| Segments Covered | Product, Route of Administration, Application, End-Users, Distribution Channel |
| Regions Covered | • North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA) |
| Company Profiled | Biotest AG, Octapharma AG, LFB Biotechnologies, Grifols SA, CSL Behring, China Biologics Products, Kedrion Biopharma, BDI Pharma, , , |
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Strict regulatory requirements and high cost associated with IVIG therapy pose as major restraints for the market. Limited availability of plasma donors and risk of adverse effects associated with IVIG therapy are also hindering market growth.
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