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Aug 23, 2019 11:42 AM ET

What's driving the Immunoglobulins Market Growth? Prominent Players: CSL Behring, Grifols, Kedrion Biopharma, Octapharma, Bio Products Laboratory Ltd, Biotest AG


What's driving the Immunoglobulins Market Growth? Prominent Players: CSL Behring, Grifols, Kedrion Biopharma, Octapharma, Bio Products Laboratory Ltd, Biotest AG

iCrowd Newswire - Aug 23, 2019

Rising at a CAGR of 7.0% between 2018 and 2025, the Global Immunoglobulins Market is forecast to remain strong through the forecast period. Fortune Business Insights in a report, titled “Immunoglobulins: Global Market Analysis, Insights and Forecast, 2018-2025” states that the global market was worth US$ 10,750.0 Mn in 2017. The market is further expected to reach US$ 18,378.0 Mn by the end of 2025.

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https://www.fortunebusinessinsights.com/industry-reports/immunoglobulins-market-100571

Key Companies:

On the basis of route of administration, the market is bifurcated into intravenous and subcutaneous. The intravenous segment accounted for the largest share of the global market in 2017. Intravenous is foreseen to hold its position as the dominant segment through the forecast period 2018-2025. However, the segment’s growth is likely to deccelerate during the forecast period. Meanwhile, frequent product launches will enable growth in the subcutaneous segment.

Additionally, rising emphasis on diagnosis and treatment of immune disease is anticipated to fuel demand in the overall market.

Upgrade in Intervention Technology to Propel Growth

The increasing cases of chronic inflammatory demyelinating polyneuropathy (CIDP) and primary immunodeficiency (PI) are the major factors anticipated to drive the global immunoglobulins market. Furthermore, technological upgrades in the administration methods are likely to fuel the demand for immunoglobulins test and structure.

CUVITRU, a subcutaneous immunoglobulin introduced by Shire to facilitate the treatment of primary immunodeficiency, is the only 20% subcutaneous immunoglobulin in the U.S. without proline. Such launches are likely to enable growth in the global immunoglobulins market.

However, high costs associated with immunoglobulins and side-effects associated with immunoglobulins are a few key factors that may restrain the market.

In terms of region, North America is foreseen to emerge dominant over the forecast period. The region also held a major share in the market in 2017. The North America immunoglobulins market was worth US$ 6,291.5 Mn in 2017. Immunoglobulin is the most popular treatment available for various immune disorders. Moreover, the number of patients in the region is increasing. These factors are anticipated to contribute towards market growth.

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Shire to Gain from CUVITRU’s Approval

The competition in the global immunoglobulins market is increasing owing to the prevailing opportunities. In 2017 Grifols, S.A. was leading the global market. Grifols owns a diverse product portfolio and that is helping the organization to have major gains. The company holds a major share in various regional markets also.

Grifols, S.A., holds the highest share in Europe and North America immunoglobulins market. Besides this, other players are also focusing on product innovation to gain momentum. For instance, Shire received approval for CUVITRU. Such innovation and increasing competition is expected to propel growth in market.

Major Table of Content:

  • Introduction
  • 1.1.ResearchScope

    1.2.MarketSegmentation

    1.3.ResearchMethodology

    1.4.Definitionsand Assumptions

  • ExecutiveSummary
  • MarketDynamics
  • 3.1.MarketDrivers

    3.2.MarketRestraints

    3.3.MarketOpportunities

  • KeyInsights
  • 4.1.PipelineAnalysis

    4.2.Overviewof Regulatory Scenario by Key Regions

    4.3.KeyIndustry Developments

    4.4.Numberof Primary Immunodeficiency (PI) Patients by Key Countries

    4.5.Overviewof Reimbursement Scenario

    TOC Continued…!

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    About us:

    Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

    Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

    At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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    Press Release Distributed by The Express Wire

    To view the original version on The Express Wire visit What’s driving the Immunoglobulins Market Growth? Prominent Players: CSL Behring, Grifols, Kedrion Biopharma, Octapharma, Bio Products Laboratory Ltd, Biotest AG






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