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Global Immunoglobulins Market to Surpass Value of US$ 20 Bn by 2026

Companies in the Immunoglobulins Market are facing issues in keeping their production facilities fully functional due to shortage of staff and resources amidst the COVID-19 (Coronavirus) outbreak. Get a hands-on over key drivers and threats to the Immunoglobulins Market to make your company future-ready post the pandemic. Avails out reports for exciting prices to learn new opportunities that companies can capitalize on during and after the Coronavirus crisis.

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The global immunoglobulins market is set to grow impressively at a CAGR of 7.0% during the forecast period (2020-2026). The market is poised to reach a valuation of US$ 20.7 Bn by 2026-end. Upsurge in immunological diseases has prompted individuals to seek advanced medical treatment, thus augmenting the immunoglobulins market share.

The Immune Deficiency Foundation (IDF) estimates that approximately 83 people per 100,000 in North America suffer from primary immunodeficiency, leading to the prevalence of such diseases. In response, off-label indications, intravenous and subcutaneous immunoglobulins has risen considerably. Rising geriatric population pool shall also steer market growth. The ongoing COVID-19 pandemic is anticipated to provide leverage to the immunoglobulins market as healthcare providers are increasingly researching ways to apply immunoglobulins to treat the disease.

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Global Immunoglobulins Market Segmentation

Fact.MR has studied the global immunoglobulins market with detailed segmentation on the basis of Application, Route of Administration, End-user and key regions.

Application Route of Administration End-user Key Regions
Neurology Intravenous Hospitals North America
Immunology Subcutaneous Clinics Europe
Hematology Intramuscular Homecare Asia Pacific
Others     Latin America
      Middle East & Africa (MEA)

 

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“Several key players have made credible investments in research and development programs for IVIG, SCIG and IMIG applications. Promising results in novel clinical applications are poised to generate lucrative opportunities for the global immunoglobulins market,” concludes a Fact.MR analyst.

Global Immunoglobulins Market: Competitive Landscape

The global immunoglobulins consist of the following key players such as Grifols S.A, Shire, CSL Behring, Octapharma, Kedrion Biopharma Inc., China Biologic Products Holdings, Inc., Biotest AG, Sanquin and LFB SA. Most of these companies concentrate on molecular immunoglobulins indications and subsequent development of pipeline products.

Grifols S.A, for instance, manufactures Gamunex C and Flebogamma Intravenous immunoglobulin products. Gamunex C is a sterilized solution made from human plasma which contains antibodies to treat primary immunodeficiency. This includes, but is not limited to, congenital agammaglobulinemia, common variable immunodeficiency and Wiskott – Aldrich syndrome.

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Likewise, CSL Behring produces subcutaneous immunoglobulin products such as Privigen, Evogam and Beriglobin P. Berigloin P which are presented in the form of an injection containing excipients of glycine, sodium chloride, hydrochloric acid or sodium hydroxide and water.

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