The Immunoglobulins Market Share, Market Size, And Growth Rate 2022
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The immunoglobulins market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 7%, as per The Business Research Company’s market report!
Read More On The Immunoglobulins Market Report 2022 – https://www.thebusinessresearchcompany.com/report/immunoglobulins-global-market-report
The Immunoglobulins Market Size In 2022 And Forecast
The global immunoglobulins market is expected to grow from $14.56 billion in 2021 to $15.83 billion in 2022 at a compound annual growth rate (CAGR) of 8.7%. The change in the immunoglobulins market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The market is expected to reach $21.34 billion in 2026 at a CAGR of 7.8%.
The immunoglobulins market consists of sales of immunoglobulins by entities (organizations, sole traders, and partnerships) that are used to measure the level of types of antibodies in the blood.
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Increase In Geriatric Population Is Driving The Growth Of The Immunoglobulins Market
According to the United Nations department of economic and social affairs (UN DESA), in 2020, the number of people aged over 65 was 727 million globally. By 2050, this figure is expected to have more than doubled, reaching over 1.5 billion people. The aging population is expected to rise from 9.3% in 2020 to 16% in 2050. Thus, the increasing geriatric population is expected to increase the demand for the immunoglobulins market during the forecast period.
Competitive Landscape And The Regional Analysis Of The Immunoglobulins Market
Major players in the immunoglobulins market are Baxter International Inc., CSL Behring LLC, Grifols S.A., Octapharma, China Biologic Products Inc., Kedrion S.p.A., LFB group, Biotest AG, Sanquin and ADMA Biologics.
Additionally, as per TBRC’s research – North America was the largest region in the immunoglobulins market in 2021 holding the largest market share and Asia-Pacific is expected to be the fastest-growing region in the forecast period.
The Immunoglobulins Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the immunoglobulins market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the immunoglobulins market.
Launching Of New Offices And Laboratories – A Key Trend In The Immunoglobulins Market
The launch of new offices and laboratories to boost research and development activities is shaping the immunoglobulins market. Major companies operating in the immunoglobulins sector are focused on opening new laboratories for immunoglobulins to enhance the platform technology, pipeline development, and manufacturing capabilities.
Immunoglobulins Market Segmentation By The Business Research Company
1) By Product: IGG, IGA, IGM, IGE, IGD
2) By Mode of Delivery: Intravenous, Subcutaneous
3) By Application: Hypogammaglobulinemia, Chronic Inflammatory Demyelinating Polyneuropathy (CIDP), Immunodeficiency Disease, Myasthenia Gravis, Idiopathic Thrombocytopenic Purpura (ITP), Others
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