U.S. Intravenous Immunoglobulin Market to Surpass US$ 10.06 Billion by 2028, Says Coherent Market Insights (CMI)
January 14, 2022
/EIN News/ -- SEATTLE, Jan. 14, 2022 (GLOBE NEWSWIRE) -- According to Coherent Market Insights, the U.S. intravenous immunoglobulin market is estimated to be valued at US$ 6.33 billion in 2021 and is expected to exhibit a CAGR of 6.8% during the forecast period (2021-2028).
Key Trends and Analysis of the U.S. Intravenous Immunoglobulin Market:
Key trends in the market include increasing cases of myasthenia gravis, increasing number of research and development activities, and increase in product launches and approvals by market players.
The emerging prevalence of myasthenia gravis is expected to drive the growth of U.S. intravenous immunoglobulin market For instance, according to the report of Myasthenia Gravis Foundation of America, 2015, myasthenia gravis is estimated to affect 14 to 20 people per 100,000 adults in the U.S., resulting in 36,000 to 60,000 cases in 2020-21.
The increasing number of research and development activities is expected to bolster growth of the U.S. intravenous immunoglobulin market For instance, on August 25, 2021, Emergent BioSolutions Inc., a multinational specialty biopharmaceutical company based in the U.S., announced the start of a Phase III clinical trial to evaluate its investigational SARS-CoV-2 Immune Globulin Intravenous (Human) (COVID-HIG) plasma-derived therapy as a potential outpatient treatment for patients with coronavirus (COVID-19) who are at high risk of progression to severe disease, including adults 55 and older and those of the age 18 years.
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Market players involved in product launches or product approvals are expected to drive the growth of the U.S. intravenous immunoglobulin market For instance, on February 12, 2021, Pfizer Inc., a U.S. based multinational pharmaceutical and biotechnology corporation, announced that the U.S. Food and Drug Administration (FDA) approved the supplemental Biologics License Application (sBLA) for PANZYGA (Immune Globulin Intravenous [Human] – ifas 10 percent Liquid Preparation) to treat adult patients with chronic inflammatory demyelinating polyneuropathy, a rare neurological disease of the peripheral nerves (CIDP).
Key Market Takeaways:
Increasing research and development activities, rising product launches and approvals, inorganic activities such as collaborations, agreements, acquisitions, and others are expected to drive growth of the US intravenous immunoglobulin market over the forecast period. For instance, on December 12, 2020, AstraZeneca, a multinational healthcare company and Alexion Pharmaceuticals, Inc. (Alexion), a subsidiary of AstraZeneca entered into a definitive agreement for AstraZeneca to acquire Alexion. This acquisition allows AstraZeneca to enhance their presence in immunology.
Key players operating in the US intravenous immunoglobulin market include Biotest AG, Octapharma AG, Grifols S.A., Kedrion Biopharma, Inc., CSL Behring, McKesson Corporation, Takeda Pharmaceutical Company Limited, Bio Products Laboratory Ltd., Pfizer, Inc., and ADMA Biologics, Inc.
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- U.S. Intravenous Immunoglobulin Market, By Formulation:
- U.S. Intravenous Immunoglobulin Market, By Application :
- Chronic Inflammatory Demyelinating Polyneuropathy (CIDP)
- Primary Immunodeficiency Diseases
- Myasthenia Gravis
- Multifocal Motor Neuropathy
- Kawasaki Disease
- U.S. Intravenous Immunoglobulin Market, By Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
Related Market Intelligence Reports:
Human Immunoglobulin (pH4) for Intravenous injection (COVID-19) Market, By Type (IgG, IgA, and IgM), By Disease Indication (COVID-19, Primary Immunodeficiency Disease, Immune-mediated Thrombocytopenia, Kawasaki Disease, B Chronic lymphocytic Leukemia(B-CLL), and Others), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 – 2027
Immunodeficiency Therapeutics Market, by Therapy Type (Immunoglobulin Therapy, Antibiotics Therapy, Stem Cell and Gene Therapy, and Others), by Test Type (Blood Test and Prenatal Testing), by Disease Type (Antibody Deficiency, Cellular Immunodeficiency, Innate Immune Disorders, and Others), by Distribution Channel (Hospital Pharmacy, Retail Pharmacy, and Online Pharmacy), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
Mr. Shah Senior Client Partner – Business Development Coherent Market Insights Phone: US: +1-206-701-6702 UK: +44-020-8133-4027 Japan: +81-050-5539-1737 India: +91-848-285-0837 Email: email@example.com Website: https://www.coherentmarketinsights.com