Market Research Future (MRFR) has launched a new market intelligence report on the global Intravenous Immunoglobulin (Ivig) Market . The report projects the global Intravenous Immunoglobulin (IVIg) Market to grow at a robust CAGR of 5.9 % over the forecast period from 2017 to 2023. The report provides a thorough look at the market’s probable future growth trajectory on the basis of an analysis of the market’s historical growth trajectory and leading growth drivers and restraints.
Market overview :
MRFR asserts that the global intravenous immunoglobulin market growing further will Reach USD 8337.2 MN By 2023, Registering Approximately 5.9% CAGR From 2017 To 2023.
Intravenous Immunoglobulin (IVIg), a compound comprising of immune proteins (globulins) is administered into the bloodstream to treat patients with inefficient or damaged immune systems. IVIg provides the required antibodies by the human body to fight out the immune deficiency, and the ensuing infectious attacks.
Considering the kind of the growth the market perceives currently; Market Research Future (MRFR) has recently published a study report giving out the complete market forecast up to 2023. In its analysis, Immunodeficiency disorder could be a hereditary issue (Primary disorders), or caused due to the exposure to infections, mainly through bodily fluids, along with the cancer drugs and chemotherapy, aging is one of the key risk factors too that could put someone at higher risk of a damaged immune system.
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Some of the fervent key players: including Baxter (US), Abeona Therapeutics (US), BDI Pharma (US), China Biologic Products, Inc. (China), Biotest AG. (Germany), Grifols Inc. (Spain), CSL Behring (US), Kedrion S.p.A (US), Octapharma (Switzerland), and Shire (Republic of Ireland) lead the global Intravenous Immunoglobulin market. Profiling them in its analysis MRFR finds out their strategies keeping them at the forefront of the market competition.
Global Intravenous Immunoglobulin Market – Competitive Landscape
Fiercely competitive, the global IVIg market appears to be fragmented due to the presence of several large and small players. These players acquire small yet promising companies to expand their reach in the emerging markets, focusing on improving their market performance. The acquisition of local manufactures by multinational companies makes the market structure look dynamic. Strategies such as product innovations and technologies are creating strong investment opportunities for the players.
March 28, 2019 — CSL Behring (the US), a leading global biotherapeutics and biopharmaceutical company, manufacturing plasma-derived and recombinant therapeutic products announced the receiving of an approval from Japan’s Ministry of Health, Labour and Welfare has for two of its immunoglobulin therapies – named Hizentra and Privigen for the treatment of chronic inflammatory demyelinating polyradiculoneuropathy.
The augmenting demand for alternate immunoglobulin replacement therapies, increasing R&D funding, rapidly developing healthcare infrastructure and increasing healthcare expenditures are major driving forces for the market growth. Technological advancements transpired in the medical science, are fostering the market growth exponentially, bringing up novel treatment procedures, & medications in the field of Intravenous Immunoglobulin (IVIg) Market.
Additionally, factors such as growing population and geriatric populace worldwide are fostering the Intravenous Immunoglobulin Market growth. Improving economic conditions are providing impetus to the market growth, enabling access to the quality life & to the improved healthcare. investments IVIg
Study objectives of Global Intravenous Immunoglobulin (IVIg) Market:
- To provide detailed analysis of the Global Intravenous Immunoglobulin (IVIg) market structure along with forecast for the next 7 years of the various segments and sub-segments of the IVIG Market
- To provide insights about the key drivers and restraints that affecting the growth of the IVIg market
- To provide detail analysis of global IVIg market mainly based on Value chain analysis, PROTER’s five forces, Price analysis, and Supply Chain analysis etc.
- To provide revenue of the market that includes historical as well as forecast revenue, on the basis of segments and sub segments with respect to four main geographies and their countries- Americas, Europe, Asia-Pacific, and Middle East & Africa.
- To provide detail analysis of the market that segmented on the basis of type, application, and its sub-segments.
- To provide detail country level analysis of the market with respect to the current market size and future prospective
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global IVIg Market
- To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
For ease of understanding, the market is segmented into three key dynamics: –
By Types : IgA, (IgA1 & A2), IgD, IgE, IgG, and IgM.
By Applications : Chronic Inflammatory Demyelinating, Hypogammaglobulinemia Multifocal Motor Neuropathy, Immunodeficiency Diseases, CVID (common variable immunodeficiency), SCI (severe combined immunodeficiency), Primary Humoral Immunodeficiency, Unknown (idiopathic) Immunodeficiency diseases, Myasthenia Gravis, Guillain-Barre syndrome, MFS (Miller Fisher Syndrome), AMAN (Acute motor axonal neuropathy) and AMSAN (acute motor-sensory axonal neuropathy), Kawasaki disease, and ITP among others.
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