Global Immunoglobulins Market to Exhibit 7.0% CAGRPosted by Rushikesh Pise on December 3rd, 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. Key players leading the global Immunoglobulin Market include,
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. Browse Complete Report: https://www.fortunebusinessinsights.com/industry-reports/immunoglobulins-market-100571 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. Like it? Share it! More by this author |