Global Immunoglobulins Market - Snapshot
The global immunoglobulins market is expected to reach a market value of about US$ 20,757 Mn by the end of 2026, expanding at a high single digit CAGR during the forecast period. Rise in prevalence of diseases related to neurology, immunology, hematology, and other deficiencies, rising geriatric population across the globe, leading to diseases, adoption, and awareness of effective immunoglobulins products, improving healthcare infrastructure, and rich product pipeline are expected to boost the global immunoglobulins market during the forecast period. Surge in investments by key players through collaborations, mergers, and acquisition are expected to propel the global immunoglobulins market during the forecast period. However, the high cost of treatments and severe side-effects associated with infusions are expected to hamper the immunoglobulins market. Niche rare disease segment with limited product availability is likely to fuel the market.
The global immunoglobulins market has been segmented based on applications, route of administration, and end-user. In terms of applications, the global market has been classified into neurology, immunology, hematology, and others. The neurology segment dominates the global immunoglobulins market, in terms of value, owing to its indication prevalence. This immunology segment is expected to expand at a significant CAGR owing to higher prevalence of idiopathic thrombocytopenic purpura (ITP), primary immunodeficiency, and other indications. Based on route of administration, the global immunoglobulins market has been divided into intravenous, subcutaneous, and intramuscular. The intravenous segment held a major share of the market in 2017. It is expected to maintain its leading position, in terms of market share, during the forecast period owing to its rapid onset of action. However, benefits of subcutaneous over intravenous are presently slowly adaptable in the market and hence, the subcutaneous segment is projected to expand at a notable CAGR during the forecast period.
In terms of end-user, the global immunoglobulins market has been segregated into hospital, clinic, and homecare. The hospital segment held a major share of the market in 2017, followed by clinic and homecare segments, owing to the acceptance of advanced treatment requiring hospitalization. The homecare segment is projected to expand at a considerable CAGR during the forecast period owing to easy administration of infusions at home, supporting personal care, as well as it saves the cost of treatment. In developing countries, the medical care isn’t funded completely by the government; hence, the rising adoption of homecare is advantageous to patients. Preference of subcutaneous products is also driving the homecare segment
In terms of geography, the global immunoglobulins market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominates the global immunoglobulins market owing to major acceptance of intravenous infusions, increasing plasma yield, healthcare investments by the government, and presence of major players in the region. According to the Immune Deficiency Foundation (IDF), there are more than 5 million undiagnosed cases in the U.S., which in turn is driving innovative therapeutic treatments and huge investments. Rising incidence of neurological, autoimmune disorders is boosting the demand for effective treatment, which in turn is a major factor driving the market in North America. The market in Asia Pacific is projected to expand at a significantly high CAGR during the forecast period, owing to improving health care infrastructure, rising investments in research and development, increasing disposable income, awareness about IVIG infusions in countries, such as China and India, and increasing acceptance of SCIG infusions in the region. IVIG accounts for a prominent share of the plasma market in China. Furthermore, the prevalence of CIDP, ITP diseases is anticipated to further boost the market in Asia Pacific in the near future.
Major players operating in the global immunoglobulins market include Shire, CSL Behring, Kedrion Biopharma Inc, Grifols, S.A., Octapharma, China Biologic Products Holdings Inc, Biotest AG, Sanquin, and LFB SA. Key players are focusing on geographic expansion through acquisitions and collaborations to enhance their footprint in the global immunoglobulins market. Furthermore, companies are investing in pipeline products for building strong product portfolio.
IVIg Usage in Treating Severe COVID-19 Cases will bring Good Growth Opportunities for the Immunoglobulins Market
The immunoglobulins market is extrapolated to gain intensive growth opportunities owing to the increasing cases of immunodeficiency. The changing lifestyle habits and hectic work schedules have led to problems related to immunodeficiency. Thus, this aspect will bring good growth opportunities for the immunoglobulins market during the forecast period of 2018-2026.
Immunoglobulins are glycoproteins created in response to an immunogen by plasma cells and act as antibodies. They generally bind to antigenic determinants and eliminate the threat of infections. Hence, all these aspects bring exponential growth for the immunoglobulins market.
The booming geriatric population and a rise in the number of hemophilic patients will serve as a vital growth generator for the immunoglobulins market. The popularity of immunoglobulin therapy as the preferred treatment for immunodeficiency and other rare neurological diseases may invite exponential growth for the immunoglobulins market. The escalating focus on immune disorder diagnosis will serve as a prominent growth factor. Quick regulatory approvals are also helping in boosting the growth prospects of the immunoglobulins market.
Research and development activities are playing a crucial role in the growth of the immunoglobulins market. The players in the immunoglobulins market focus on these activities for discovering unique insights. The insights assist in boosting the revenues of the players in the immunoglobulins market, ultimately adding extra stars of growth.
The COVID-19 outbreak is one of the worst pandemics the world has ever faced. The rapid transmission rate and the high fatality rate have left many scientists and researchers searching for a good treatment option. Many options have been discovered by researchers and scientists. The utilization of immunoglobulins is one of them. The utilization of Intravenous immunoglobulin (IVIg) for treating serious COVID-19 patients is being considered by many scientists and researchers. A recent study also showcased the efficacy of IVIg in treating COVID-19 patients. Thus, this aspect can bring great growth opportunities for the immunoglobulins market.
The global immunoglobulins market has been segmented as below:
by Applications
by Route Of Administration
by End-user
by Region
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary : Global Immunoglobulins Market
4. Market Overview
4.1. Introduction
4.1.1. Market Definition
4.1.2. Industry Evolution / Developments
4.2. Overview
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Global Immunoglobulins Market Analysis and Forecast, 2016–2026
4.4.1. Global Immunoglobulins Market Value (US$ Mn) Projections
4.5. Porter’s Five Force Analysis
5. Market Outlook
5.1. Disease Prevalence & Incidence Rate Globally with Key Countries
5.2. Regulatory Scenario by Region/globally
5.3. Pipeline Analysis
6. Global Immunoglobulins Market Analysis and Forecast, by Applications
6.1. Introduction & Definition
6.2. Key Findings / Developments
6.3. Global Immunoglobulins Market Value Forecast, by Applications, 2016–2026
6.3.1. Neurology
6.3.2. Immunology
6.3.3. Hematology
6.3.4. Others
6.4. Global Immunoglobulins Market Attractiveness by Applications
7. Global Immunoglobulins Market Analysis and Forecast, by Route of Administration
7.1. Introduction & Definition
7.2. Key Findings / Developments
7.3. Global Immunoglobulins Market Value Forecast, by Route of Administration, 2016–2026
7.3.1. Intravenous
7.3.2. Subcutaneous
7.3.3. Intramuscular
7.4. Global Immunoglobulins Market Attractiveness by Route of Administration
8. Global Immunoglobulins Market Analysis and Forecast, by End-user
8.1. Introduction & Definition
8.2. Key Findings / Developments
8.3. Global Immunoglobulins Market Value Forecast, by End-user, 2016–2026
8.3.1. Hospital
8.3.2. Clinic
8.3.3. Homecare
8.4. Global Immunoglobulins Market Attractiveness by End-user
9. Global Immunoglobulins Market Analysis and Forecast, by Region
9.1. Key Findings
9.2. Global Immunoglobulins Market Value Forecast, by Region
9.2.1. North America
9.2.2. Europe
9.2.3. Asia Pacific
9.2.4. Latin America
9.2.5. Middle East & Africa
9.3. Global Immunoglobulins Market Attractiveness, by Country/Region
10. North America Immunoglobulins Market Analysis and Forecast
10.1. Introduction
10.1.1. Key Findings
10.2. North America Immunoglobulins Market Value Forecast, by Applications, 2016–2026
10.2.1. Neurology
10.2.2. Immunology
10.2.3. Hematology
10.2.4. Others
10.3. North America Immunoglobulins Market Value Forecast, by Route of Administration, 2016–2026
10.3.1. Intravenous
10.3.2. Subcutaneous
10.3.3. Intramuscular
10.4. North America Immunoglobulins Market Value Forecast, by End-user, 2016–2026
10.4.1. Hospital
10.4.2. Clinic
10.4.3. Homecare
10.5 North America Immunoglobulins Market Value Forecast, by Country, 2016–2026
10.5.1. US
10.5.2. Canada
10.6. North America Immunoglobulins Market Attractiveness Analysis
10.6.1. By Applications
10.6.2. By Route of Administration
10.6.3. By End-user
10.6.4. By Country
11. Europe Immunoglobulins Market Analysis and Forecast
11.1. Introduction
11.1.1. Key Findings
11.2. Europe Immunoglobulins Market Value Forecast by Applications, 2016–2026
11.2.1. Neurology
11.2.2. Immunology
11.2.3. Hematology
11.2.4. Others
11.3. Europe Immunoglobulins Market Value Forecast, by Route of Administration, 2016–2026
11.3.1. Intravenous
11.3.2. Subcutaneous
11.3.3. Intramuscular
11.4. Europe Immunoglobulins Market Value Forecast, by End-user, 2016–2026
11.4.1. Hospital
11.4.2. Clinic
11.4.3. Homecare
11.5. Europe Immunoglobulins Market Value Forecast, by Country/Sub-region, 2016–2026
11.5.1. Germany
11.5.2. France
11.5.3. U.K.
11.5.4. Italy
11.5.5. Spain
11.5.6. Rest of Europe
11.6. Europe Immunoglobulins Market Attractiveness Analysis
11.6.1. By Applications
11.6.2. By Route of Administration
11.6.3. By End-user
11.6.4. By Country/Sub-region
12. Asia Pacific Immunoglobulins Market Analysis and Forecast
12.1. Introduction
12.1.1. Key Findings
12.2. Asia Pacific Immunoglobulins Market Value Forecast, by Applications, 2016–2026
12.2.1. Neurology
12.2.2. Immunology
12.2.3. Hematology
12.2.4. Others
12.3. Asia Pacific Immunoglobulins Market Value Forecast, by Route of Administration, 2016–2026
12.3.1. Intravenous
12.3.2. Subcutaneous
12.3.3. Intramuscular
12.4. Asia Pacific Immunoglobulins Market Value Forecast, by End-user, 2016–2026
12.4.1. Hospital
12.4.2. Clinic
12.4.3. Homecare
12.5. Asia Pacific Immunoglobulins Market Value Forecast, by Country/Sub-region, 2016–2026
12.5.1. Japan
12.5.2. China
12.5.3. India
12.5.4. Australia & New Zealand
12.5.5. Rest of Asia Pacific
12.6. Asia Pacific Immunoglobulins Market Attractiveness Analysis
12.6.1. By Applications
12.6.2. By Route of Administration
12.6.3. By End-user
12.6.4. By Country/Sub-region
13. Latin America Immunoglobulins Market Analysis and Forecast
13.1. Introduction
13.1.1. Key Findings
13.2. Latin America Immunoglobulins Market Value Forecast, by Applications, 2016–2026
13.2.1. Neurology
13.2.2. Immunology
13.2.3. Hematology
13.2.4. Others
13.3. Latin America Immunoglobulins Market Value Forecast, by Route of Administration, 2016–2026
13.3.1. Intravenous
13.3.2. Subcutaneous
13.3.3. Intramuscular
13.4. Latin America Immunoglobulins Market Value Forecast, by End-user, 2016–2026
13.4.1. Hospital
13.4.2. Clinic
13.4.3. Homecare
13.5. Latin America Immunoglobulins Market Value Forecast, by Country/Sub-region, 2016–2026
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Rest of Latin America
13.6. Latin America Immunoglobulins Market Attractiveness Analysis
13.6.1. By Applications
13.6.2. By Route of Administration
13.6.3. By End-user
13.6.4. By Country/Sub-region
14. Middle East & Africa Immunoglobulins Market Analysis and Forecast
14.1. Introduction
14.1.1. Key Findings
14.2. Latin America Immunoglobulins Market Value Forecast, by Applications, 2016–2026
14.2.1. Neurology
14.2.2. Immunology
14.2.3. Hematology
14.2.4. Others
14.3. Latin America Immunoglobulins Market Value Forecast, by Route of Administration, 2016–2026
14.3.1. Intravenous
14.3.2. Subcutaneous
14.3.3. Intramuscular
14.4. Latin America Immunoglobulins Market Value Forecast, by End-user, 2016–2026
14.4.1. Hospital
14.4.2. Clinic
14.4.3. Homecare
14.5. Latin America Immunoglobulins Market Value Forecast, by Country/Sub-region, 2016–2026
14.5.1. GCC Countries
14.5.2. South Africa
14.5.3. Rest of Middle East & Africa
14.6. Latin America Immunoglobulins Market Attractiveness Analysis
14.6.1. By Applications
14.6.2. By Route of Administration
14.6.3. By End-user
14.6.4. By Country/Sub-region
15. Competition Landscape
15.1. Market Player – Competition Matrix (by Tier and Size of companies)
15.2. Market Share Analysis by Company (2016)
15.3. Company Profiles
15.3.1. Shire
15.3.2. CSL Behring
15.3.3. Kedrion Biopharma Inc
15.3.4. Grifols, S.A.
15.3.5. Octapharma
15.3.6. China Biologic Products Holdings, Inc
15.3.7. Biotest AG
15.3.8. Sanquin
15.3.9. LFB SA