Immunoglobulins Global Market Report 2023: Sector to Reach $26.3 Billion by 2027 at a 6.2% CAGR - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Immunoglobulins: Global Market Outlook" report has been added to ResearchAndMarkets.com's offering.
The global immunoglobulins (IG) market was estimated to be $18.5 billion in 2021. The immunoglobulins market is projected to grow at a compound annual growth rate (CAGR) of 6.2% and is expected to reach $26.3 billion by the end of 2027. Increasing demand for immunoglobulins in various treatments and an increase in blood donations are the key factors driving the growth of the current immunoglobulins market.
However, increasing research on alternative therapies and high manufacturing and treatment costs associated with immunoglobulin products could hinder market growth. Apart from drivers and restraints, growing investments in plasma fractionation capacities and increasing research on new formulations and indications should create huge opportunities for vendors in the market.
In this report, the global immunoglobulins market has been segmented based on type, route of administration and geographical region. Based on type, the immunoglobulins market has been categorized into normal and hyperimmune globulins. Normal immunoglobulins currently dominate the market and were valued at $16.5 billion in 2021. The normal immunoglobulins market is expected to grow at a CAGR of 6.0% and reach $23.2 billion by the end of 2027.
Based on the route of administration, the immunoglobulins market has been segmented into intravenous (IV), subcutaneous (SC) and others. Among all route segments, the SC segment is expected to grow at the highest CAGR, 15.8%, during the forecast period.
The immunoglobulins market has been segmented into the following geographical regions: North America; Europe; Asia-Pacific; and Rest of the World (RoW). The North American region currently dominates the global immunoglobulins market. In 2021, this region's total revenue reached $7.8 billion, accounting for about 42% of the global market. Key growth factors in this region include the presence of large fractionation facilities and the increasing demand for immunoglobulins in treating various immunodeficiency disorders. The Asia-Pacific immunoglobulins market was valued at $3.6 billion in 2021. The Asia-Pacific immunoglobulins market is projected to grow at a CAGR of 9.1% and reach $5.9 billion by the end of 2027. The key growth driver of this region's market is the growing domestic plasma fractionation companies in countries such as South Korea and India.
Takeda Pharmaceutical Company Limited., CSL Ltd., Grifols International SA and Kedrion SpA are major players in the immunoglobulins market
Report Includes
- A brief general outlook of the global market for immunoglobulins
- Analyses of the global market trends, with historic market revenue data (sales figures) for 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
- Estimation of the actual market size and revenue forecast for the global immunoglobulins market in USD million terms, and corresponding market share analysis by product type, route of administration, and region
- In-depth information (facts and figures) concerning the major factors influencing the progress of this market (benefits, and industry-specific challenges) with respect to specific growth trends, upcoming technologies, current and future prospects in therapeutic treatments, and contributions to the overall market
- Identification of major stakeholders and analysis of the company competitive landscape based on their recent developments, financial performance, segmental revenues, and operational integration
- Company profiles of the market leading players
Key Topics Covered:
Chapter 1 Introduction
1.1 Market Snapshot
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Emerging Technologies/ Opportunities
4.1 Growing Investments in Plasma Fractionation Capacities
4.2 Increasing Research on New Formulations and Indications
4.3 Growing Opportunities in Emerging Nations
4.4 Adoption of Digital Initiatives
Chapter 5 Market Breakdown by Type, Route of Administration
5.1 Immunoglobulins Market, by Type
5.1.1 Normal Immune Globulins
5.1.2 Hyperimmune Globulins
5.2 Immunoglobulins Market, by Route of Administration
5.2.1 Intravenous (Iv) Administration
5.2.2 Subcutaneous (Sc) Administration
5.2.3 Others
5.2.4 Market Size and Forecast
5.3 Normal Immunoglobulins Market, by Application
5.3.1 Primary Immune Deficiency (Pid)
5.3.2 Chronic Inflammatory Demyelinating Polyneuropathy (Cidp)
5.3.3 Secondary Immune Deficiency (Sid)
5.3.4 Multifocal Motor Neuropathy (Mmn)
5.3.5 Other Neurological Disorders
5.3.6 Other Applications
5.3.7 Market Size and Forecast
Chapter 6 Market Breakdown by Region
6.1 Global Immunoglobulins Market Size, by Region
6.2 North America
6.3 Europe
6.4 Asia-Pacific
6.5 Rest of the World
Chapter 7 Competitive Landscape
7.1 Recent Key Developments
7.2 Product Launches
7.3 Mergers and Acquisitions
7.4 Business Expansions
7.5 Agreements and Collaborations
7.6 Clinical Trials Landscape
Chapter 8 Covid-19 Impact: Immunoglobulins Market
8.1 Covid-19 Impact on the Immunoglobulins Market
8.1.1 Convalescent Plasma (Cp) Therapy and Hyperimmune Globulins for Covid-19 Treatment
Chapter 9 Company Profiles
Chapter 10 Project Scope and Methodology
Companies Mentioned
- Adma Biologics Inc.
- Baxter International
- Bio Products Laboratory Ltd.
- China Biologic Products Inc.
- Csl Ltd.
- Grifols International S.A.
- Innovative Research
- Intas Pharmaceuticals Ltd.
- Kedrion Spa
- Lfb S.A.
- Octapharma AG
- Sanquin
- Takeda Pharmaceutical Company Limited.
For more information about this report visit https://www.researchandmarkets.com/r/nwsqqb
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