Exploring Key Insights of the Immunoglobulins Market: Growth Prospects, Emerging Trends, and Opportunities
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What key factors are powering the surge in the immunoglobulins market right now?
The size of the immunoglobulins market has been exhibiting strong growth in the recent past. It is projected to expand from $18.85 billion in 2024 to $20.53 billion in 2025, indicating a compound annual growth rate (CAGR) of 8.9%. Factors such as the increasing instances of immunodeficiency disorders, an aging population, heightened use of immunoglobulins in hospital settings, favorable reimbursement policies from governments, and a rise in chronic and autoimmune diseases are responsible for the growth observed during the historic period.
How fast Is the immunoglobulins market expected to grow, and what’s its future value?
The market size for immunoglobulins is predicted to witness swift expansion in the coming years, reaching a total value of $31.59 billion in the year 2029, with an 11.4% compound annual growth rate (CAGR). The predicted growth in this period is largely due to increased funding towards the advancement of technology, heightened knowledge of immunodeficiency treatments, a rising inclination towards these treatments among doctors, an expanding number of emerging markets, and growing applications in sports and fitness. Key trends expected during this forecast period encompass the advancement of wearable and smart compression tools, personalization of compression therapy options, the incorporation of compression therapy in managing wound care, stressing on patient comfort during compression therapy, and the cooperative efforts between manufacturers and healthcare providers to enhance the outcomes for patients.
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What are the leading drivers of growth in the immunoglobulins market?
The growth of the immunoglobulins market is propelled by the rising elderly population. Older individuals face a high susceptibility to infectious and auto-immune diseases. The immunoglobulin test is a determinant of the body’s capacity to generate antibodies to defend against bacteria, viruses, and allergies. For instance, a World Health Organization (WHO) report in October 2022 stated that by 2030, one in every six people globally would be 60 or older. Additionally, by 2050, the number of people aged 60 or older worldwide is projected to reach 2.1 billion. Consequently, the immunoglobulins market is anticipated to grow due to increased demand driven by the growing elderly population throughout the forecast period.
What are the key segments defining the immunoglobulins market?
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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Who are the key players steering the development of the immunoglobulins market?
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
What emerging trends are influencing the growth of the immunoglobulins market?
Major corporations engaged in the immunoglobulins market are seeking to expand their customer base, boost sales, and augment their revenues by innovating new products such as intravenous immunoglobulins. For example, GC Biopharma, a biotechnology firm based in South Korea, rolled out ALYGLO™ (Immune Globulin Intravenous, Human-stwk) 10% Liquid in the US market in September 2024. This product aims to tackle primary humoral immunodeficiency (PI) in adults who are 17 years old and over and is now accessible to patients through specialty pharmacies. This roll-out carries significant weight as the U.S. holds the highest valued immunoglobulin market around the world, estimated to be worth around $11.6 billion. GC Biopharma has set its sights on achieving $50 million in sales for ALYGLO in its initial year, and it aspires to escalate this number to $300 million by 2028. This bold expansion plan pivots on collaborations with major U.S. pharmacy benefit managers and specialty pharmacies, which play a vital role in the effective distribution of immunoglobulin products.
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Which regions are most influential in expanding the immunoglobulins 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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