Understanding Key Drivers and Growth Opportunities in the Immunoglobulins Market: Trends and Market Size Insights
2101 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Major Innovations Are Driving the Accelerated Growth of the Immunoglobulins Market?
The growing geriatric population is expected to increase the demand for immunoglobulins. Older individuals are more susceptible to infectious and autoimmune diseases, leading to a higher need for immunoglobulin testing. The World Health Organization (WHO) reports that by 2030, one in six people will be 60 or older, which will further elevate the demand for immunoglobulins in the healthcare sector.
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How Will the Growth Rate of theImmunoglobulins Market Impact Industry Trends by 2034?
The immunoglobulins market is expected to grow from $18.85 billion in 2024 to $20.53 billion in 2025, at a compound annual growth rate (CAGR) of 8.9%. This growth is driven by the increasing prevalence of immunodeficiency disorders, the aging population, the adoption of immunoglobulins in hospitals, favorable government reimbursement plans, and the rise in chronic and autoimmune diseases.
The immunoglobulins market is expected to grow to $31.59 billion by 2029 at a CAGR of 11.4%. The growth is driven by increasing investment in advanced technologies, awareness about immunodeficiency therapies, and the expansion of applications in sports and fitness. Trends include wearable devices, customized compression therapy, and collaboration between manufacturers and healthcare providers.
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What Are the Most Significant Market Trends Transforming theImmunoglobulins Market?
Companies in the immunoglobulins market are focusing on product innovation to expand their customer base, increase sales, and boost revenue. For example, in September 2024, GC Biopharma, a South Korean biotechnology company, launched ALYGLO™ (Immune Globulin Intravenous, Human-stwk) 10% Liquid in the U.S. market. This product targets the treatment of primary humoral immunodeficiency (PI) in adults. The U.S. market, valued at approximately $11.6 billion, is crucial to GC Biopharma’s strategy to achieve $50 million in sales in its first year and $300 million by 2028.
What Are the Top Market Players Propelling the Growth of theImmunoglobulins Industry?
Major companies operating in the immunoglobulins market include Baxter International Inc., CSL Behring LLC, Grifols S. A., Octapharma AG, China Biologic Products Holdings Inc., Kedrion SpA, LFB SA, Biotest AG, Sanquin Blood Supply Foundation, ADMA Biologics Inc., Option Care Health Inc., Shanghai RAAS Blood Products Co. Ltd., Antibody Solutions, Bio Products Laboratory Ltd., Immunovant Inc., Kamada Ltd., Emergent BioSolutions Inc., Fresenius Kabi AG, GlaxoSmithKline plc, Pfizer Inc., Roche Holding AG, Samsung Bioepis Co. Ltd., Takeda Pharmaceutical Company Limited, Teva Pharmaceutical Industries Ltd., Zydus Cadila Healthcare Limited
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Which Primary Segments of the Immunoglobulins Market Are Driving Growth and Industry Transformations?
The immunoglobulins market covered in this report is segmented –
1) By Product: IGG, IGA, IGM, IGE, IGD.
2) By Mode Of Delivery: Intravenous Mode Of Delivery, Subcutaneous Mode Of Delivery
3) By Application: Hypogammaglobulinemia, Chronic Inflammatory demyelinating polyneuropathy (CIDP), Immunodeficiency Disease, Myasthenia Gravis, Idiopathic thrombocytopenic purpura (ITP), Other Applications
Subsegments:
1) By IGG (Immunoglobulin G): IVIG (Intravenous Immunoglobulin), SCIG (Subcutaneous Immunoglobulin)
2) By IGA (Immunoglobulin A): Monoclonal IGA, Polyvalent IGA
3) By IGM (Immunoglobulin M): Monoclonal IGM, Polyvalent IGM
4) By IGE (Immunoglobulin E): Allergen-Specific IGE, Monoclonal IGE
5) By IGD (Immunoglobulin D): Research-Use IGD, Monoclonal IGD
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Which Regions Are Key Players in the Growth of the #What Major Innovations Are Driving the Accelerated Growth of the Immunoglobulins Market?# Market?
North America was the largest region in the immunoglobulins market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the immunoglobulins market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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