The latest report on Immunoglobulin Products Market by Infinium Global Research gives complete coverage of the immunoglobulin products market by type (IGG, IGM, IGA, IGE, IGD), ROA (IVIG products, IMIG, SCIG), application (CIDP, immunodeficiency diseases, ITP, hypogammaglobulinemia, congenital AIDS, multifocal motor neuropathy, CLL, myasthenia gravis, kawasaki disease) in terms of key trends, market size, forecast and CAGR growth over the period of 2018 to 2024. In addition, the study covers deep dive into key product and applications trends in the regional markets of immunoglobulin products such as North America, Europe, Asia-Pacific and Latin America over the short run and long run. the global immunoglobulin products market is projected to grow at a CAGR of 8.5% over the forecast period of 2018-2024.
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Immunoglobulin is a substance made from human blood plasma. The plasma contains antibodies that protect the body against diseases. Immunoglobulin products are generated from plasma collected from a large number of carefully screened donors. Immunoglobulin products are used as replacement therapy for patients suffering with immuno deficiency or as immunomodulatory therapy for autoimmune and alloimmune disorders.
Continuous Rise in the Aging Population Would Lead to a Rise in the Number of Immunodeficient Patients that Fuels the Growth of the Market
The factors such as growing number of hemophilic patients, improved immunoglobulin production system owing to the emergence of advanced technologies, and enhanced purification techniques are driving the immunoglobulin products market. The continuous rise in the aging population would lead to a rise in the number of immunodeficient patients that fuels the growth of the market. However, stringent government regulations toward immunoglobulin products and some side effects owing to the use of immunoglobulin are expected to hamper the growth of the market. The ongoing clinical trials for new healthcare applications of immunoglobulin are anticipated to provide potential growth opportunities for the immunoglobulin products market.
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Immunoglobulin Products Market: Segmentation
The immunoglobulin products market is segmented on the basis of type, ROA and application. On the basis of type, the global immunoglobulin products market is categorized into IGG, IGM, IGA, IGE, and IGD. IgG molecules have heavy chains known as gamma-chains; IGMs have mu-chains; IGAs have alpha-chains; IGEs have epsilon-chains, and IGDs have delta-chains. On the basis of ROA, the global immunoglobulin products market is categorized into IVIG products, IMIG and SCIG. The intravenous segment (IVIG) is expected to dominate throughout the forecast period. On the basis of application the global immunoglobulin products market is categorized into CIDP, immunodeficiency diseases, ITP, hypogammaglobulinemia, congenital AIDS, multifocal motor neuropathy, CLL, myasthenia gravis and Kawasaki disease.
North America Region Dominates the Immunoglobulin Products Market
Among the geography, the North America region dominates the immunoglobulin products market. The U.S. is the leading immunoglobulin market by country in North America. Europe is the second largest immunoglobulin market after the North America, owing to the growing geriatric population and increasing number of hemophilic patients. The Asia-Pacific is expected to grow at the highest CAGR during the forecasted period. The India are China are expected to grow at the highest CAGR in the Asia-Pacific owing to large number of patient pool in this region.
Immunoglobulin Products Market: Competitive Analysis
Some of the industry participants of the global immunoglobulin products market are China Biologic Products Holdings, Inc.Grifols, S.A., Biotest Pharmaceuticals, Baxalta, Bio Products Laboratory, Octapharma, CSL, Kedrion, Bharat Serums and Vaccines, and Emergent Biosolutions among the others.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the immunoglobulin products.
- Complete coverage of all the product type and application segments to analyze the trends, developments, and forecast of market size up to 2024.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.