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Immunoglobulin Market Trends

  • Report ID: GMI5752
  • Published Date: Sep 2023
  • Report Format: PDF

Immunoglobulin Market Trends

The rise in the occurrence of immunodeficiency disorders can be attributed to sedentary lifestyle habits, including the consumption of saturated fats, excessive salt and sweets, reduced physical activity, and high alcohol intake. Consequently, the escalating frequency of lifestyle-related illnesses such as obesity and conditions stemming from inadequate antibody production is set to expedite market expansion. For instance, as indicated by a report from the National Institute of Health, there exist over 200 distinct types of primary immune deficiency diseases (PIDDs), impacting roughly 500,000 individuals in the United States alone. Hence, the demand for immunoglobulin therapy is expected to surge in the foreseeable future due to the growing prevalence of both primary and acquired immunodeficiency ailments.
 

Immunoglobulin Market Restrain

The anticipated impediment to the growth of the market stems from the considerable expenses associated with this therapy. For instance, according to findings from the Children's Hospital of Philadelphia Research Institute, immunoglobulin replacement therapy (IRT) represents the standard of care for congenital agammaglobulinemia in the U.S. and other high-income countries. This therapy is administered either monthly through intravenous infusion or weekly/biweekly via subcutaneous infusion. While the treatment significantly reduces the occurrence of infections, it does not offer absolute prevention for all infections. Furthermore, the need for frequent infusions impacts the quality of life for patients. Moreover, the cost of IRT treatment falls within the range of USD 30,000 to USD 90,000 in the U.S. Consequently, the elevated treatment expenses are expected to act as a barrier to market demand.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Immunoglobulin industry was valued at around USD 15.3 billion in 2022 and is estimated to reach USD 32.2 billion by the end of 2032, owing to the increasing prevalence of immunodeficiency diseases.

The chronic inflammatory demyelinating polyneuropathy (CIDP) segment is expected to grow at a steady pace of 8% between 2023 to 2032, as CIDP treatment typically involves the use of immunosuppressants, steroids, and plasmapheresis.

U.S. immunoglobulin market held a revenue of USD 7.6 billion in 2022 and will continue to grow attributed to the increasing healthcare spending, growing awareness about treatment, and the rising preference among physicians for immunodeficiency therapies.

Baxter international Inc., Johnson & Johnson (Omrix Biopharmaceuticals Inc.), Pfizer Inc., Takeda Pharmaceutical Company Limited, Grifols SA, Kedrion S.p.A, and CSL Behring, among others.

Immunoglobulin Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 11
  • Tables & Figures: 374
  • Countries covered: 32
  • Pages: 210
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