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Immunoglobulins Market

Immunoglobulins Market Size, Share, and Analysis, By Product Type (IgG, IgA, IgM, IgD, IgE, and Others), By Route of Administration (Intravenous (IVIG), Subcutaneous (SCIg), and Others), By Application (Chronic Inflammatory Demyelinating Polyneuropathy (CIDP), Multifocal Motor Neuropathy (MMN), Primary Immunodeficiency Disease (PID), Secondary Immunodeficiency Disease (SID), Guillain-Barre syndrome, Immune thrombocytopenic purpura (ITP), and Others), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast 2024-2034

Published on: Aug-2024
Report Code: FG HC 02099
No. of Pages: 170-350
Report Format: PDF

Immunoglobulins Market is projected to exhibit a Compound Annual Growth Rate (CAGR) of 7.1% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 16.3 billion and is projected to reach USD 34.7 billion by the completion of 2034.

Product Overview

Immunoglobulins, are antibodies, which are specialized proteins produced through the immune system to discover and neutralize pathogens together with bacteria, viruses, and toxins. They are important for immune protection and are discovered in blood and different physical fluids. There are five most important forms of immunoglobulins, which include IgG, IgA, IgM, IgE, and IgD, every with wonderful roles. IgG is the maximum considerable and presents long-time period safety through remembering preceding infections. IgA protects mucosal surfaces, like the ones withinside the breathing and gastrointestinal tracts. IgM is the primary responder to infections, whilst IgE is concerned in allergic reactions. IgD performs a position in immune machine regulation. Thus, therapeutically, immunoglobulins are used in treatments for various immune disorders and infections.

Market Highlights

Immunoglobulins Market is anticipated to grow at a robust rate, with projections indicating a 7.1% compound annual growth rate (CAGR) between 2024 and 2034

Immunoglobulins Market is expected to reach USD 34.7 billion during the forecast period, driven by the increasing prevalence of immune disorders, a growing geriatric population, and advancements in antibody treatments. Innovations in manufacturing technologies, such as recombinant DNA technology, and the development of more targeted and effective therapies are further propelling market growth. However, challenges include the high cost of immunoglobulin therapies, which can limit accessibility, especially in low- and middle-income countries. Additionally, concerns about product safety and quality, regulatory hurdles, and complex approval processes pose challenges. Supply chain disruptions and shortages can also impact availability. Despite these challenges, ongoing research and development and increasing healthcare investments are expected to drive continued growth in the immunoglobulins market.

Source: Fatpos Global

Immunoglobulins Market Segmentation

IgG segment dominates due to its broad application in treating a wide range of immune deficiencies and autoimmune diseases

Immunoglobulins Market is segmented based on Product Type into IgG, IgA, IgM, IgD, IgE, and Others. IgG segment dominates the immunoglobulins market due to its broad therapeutic applications and high efficacy. IgG is the most abundant antibody in human serum, playing a critical role in immune response by neutralizing pathogens and facilitating their clearance. It is widely used to treat various conditions, including primary and secondary immunodeficiency disorders, autoimmune diseases, and chronic inflammatory demyelinating polyneuropathy (CIDP). The high demand for IgG is driven by its effectiveness in providing long-term protection and its critical role in passive immunity. Additionally, advancements in IgG purification and production technologies have enhanced its availability and therapeutic potential, further solidifying its dominance in the immunoglobulins market.

Intravenous segment dominates due to its rapid onset of action and widespread use in treating a variety of immune and autoimmune disorders

Immunoglobulins Market is divided based on Route of Administration into Intravenous (IVIG), Subcutaneous (SCIg), and Others. Intravenous segment dominates the immunoglobulin market due to its effectiveness in rapidly delivering high doses of antibodies directly into the bloodstream, ensuring a rapid and effective immune response. Intravenous immunoglobulin (IVIG) is widely used in treating various conditions, including primary immunodeficiency diseases, autoimmune disorders, and acute infections. The segment benefits from well-established clinical protocols and widespread acceptance in both inpatient and outpatient settings. Additionally, advances in IVIG formulations have improved safety and tolerability, thereby improving patient compliance. The versatility and reliability of IV administration make it the preferred choice for severe and chronic conditions, explaining its dominance in the immunoglobulin market.

Source: Fatpos Global

Market Dynamics

Growth Drivers

Increasing prevalence of immune disorders and autoimmune diseases is Expected to Foster Market Expansion

The increasing prevalence of immune disorders and autoimmune diseases is a significant growth driver for the immunoglobulin market. Conditions such as primary immunodeficiency (PID), multiple sclerosis, and rheumatoid arthritis require immunoglobulin therapy for effective management. As awareness and diagnosis of these conditions improve, the demand for immunoglobulin therapy is expected to increase. The growing geriatric population, which is more susceptible to these disorders, is further fueling market demand. Additionally, advances in medical research have led to developing more targeted and effective immunoglobulin therapies, increasing their adoption. This rising demand drives market growth as healthcare providers and patients seek effective treatments to manage and reduce symptoms of immune and autoimmune disorders.

Rising awareness and diagnosis of immune-related conditions is Anticipated to Stimulate Market Growth

Increasing awareness and diagnosis of immune-related conditions are anticipated to stimulate market growth. As more individuals become aware of these conditions, there is a greater emphasis on early diagnosis and treatment, driving demand for immunoglobulin therapies. Moreover, increased healthcare investments and funding from tech giants, venture capitalists, and startups are accelerating research and development in this field, leading to rapid technological progress. These investments enable the creation of advanced treatment options and improve the overall quality and accessibility of immunoglobulin therapies. This trend is expected to continue driving growth in the immunoglobulins market, particularly in regions experiencing rapid urbanization and changing healthcare dynamics.

Restraints

High Cost of Immunoglobulin Therapies Can Limit the Growth of the Immunoglobulins Market

The high cost of immunoglobulin therapies is a significant barrier to the growth of the immunoglobulin market. These treatments are expensive due to the complex and resource-intensive manufacturing process, including plasma collection, purification, and strict quality control. High prices can limit access, especially in low- and middle-income countries where healthcare budgets are limited. Patients requiring long-term or high-dose treatment may face financial burdens, reducing treatment compliance and outcomes. Additionally, insurance and reimbursement issues may further limit patient access. Despite their clinical benefits, the financial challenges associated with immunoglobulin-based therapies hinder market expansion, highlighting the need for cost-effective manufacturing methods and supportive healthcare policies to make these treatments more affordable and accessible.

Recent Developments

  • In March 2024, Grifols launched Xembify, a new subcutaneous immunoglobulin product, enhancing patient convenience and compliance. In June 2023, Grifols announced a strategic collaboration with GSK to develop new immunoglobulin therapies targeting autoimmune diseases.
  • In April 2024, Takeda launched TAK-188, an investigational immunoglobulin product aimed at treating chronic inflammatory demyelinating polyneuropathy (CIDP). In October 2023, Takeda completed the acquisition of Sage Therapeutics, enhancing its immunoglobulin pipeline with new therapeutic options.
  • January 2024, Octapharma introduced Octagam 10%, a new high-concentration immunoglobulin solution for treating primary immunodeficiency. In August 2023, Octapharma formed a partnership with MyoKardia to develop novel immunoglobulin-based therapies for rare diseases.
  • In May 2024, BioProduct Laboratory launched ImmunoBoost, a new immunoglobulin formulation designed for enhanced patient outcomes in autoimmune diseases. In December 2023, the company entered a joint venture with PlasmaTech to expand production capabilities and meet growing global demand.
  • In February 2024, AbbVie launched ABB-203, an innovative immunoglobulin therapy designed for refractory autoimmune diseases. In September 2023, AbbVie completed the acquisition of Allergan’s immunoglobulin portfolio, enhancing its market position.

Immunoglobulins Market

Key Players:

  • Grifols
  • CSL Behring
  • Takeda Pharmaceutical Company
  • Octapharma AG
  • BioProduct Laboratory Ltd.
  • Kedrion Biopharma
  • AbbVie Inc.
  • Sanofi
  • Emergent BioSolutions
  • Polygel Laboratories
  • LFB Group
  • Shanghai RAAS Blood Products Co., Ltd.
  • Hualan Biological Engineering Inc.
  • BPL (British Plasma Laboratories)
  • Radius Health
  • Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Regional Analysis

Immunoglobulins Market is segmented based on regional analysis into five key regions: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Immunoglobulin market in North America is driven by advanced healthcare infrastructure, high prevalence of immune disorders, and significant investments in research and development. In particular, the United States is leading the market with significant healthcare spending, widespread awareness, and access to advanced treatments. However, regulatory support and presence of key market players will further fuel the market growth in the region.

Alternatively, in Asia Pacific, the immunoglobulin market is growing rapidly due to increasing healthcare investments, rising awareness of immune disorders, and improving healthcare infrastructure. Whereas, countries such as China and India are witnessing significant market growth owing to large patient population and increasing healthcare spending. Overall, the increasing incidence of autoimmune diseases, coupled with government support initiatives and increasing disposable income, is also contributing to market expansion in this region.

Source: Fatpos Global

Impact of COVID-19 on the Immunoglobulins Market

COVID-19 had a significant impact on the immunoglobulin market, initially causing disruptions in supply chains and manufacturing due to lockdowns and travel restrictions. However, the pandemic has also highlighted the importance of immune health, increasing the demand for immunoglobulin-based therapies. The need to manage COVID-19 complications in immunocompromised patients has further fueled the market demand. While, research on the use of immunoglobulins as a potential treatment for severe cases of COVID-19 has generated additional interest and investments in the market. Additionally, the pandemic has spurred advancements in manufacturing technology and regulatory approvals to ensure a steady supply of these essential therapies. Overall, while facing initial challenges, the immunoglobulin market has seen increased demand and innovation due to the global health crisis.

Immunoglobulins Market is further segmented by region into:

  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Immunoglobulins Market Scope and Segments:

ATTRIBUTE

  DETAILS

Study Period

2018-2034

Base Year

2023

Forecast Period

2024-2034

Historical Period

2019-2022

Growth Rate

CAGR of 7.1% from 2024-2034

Unit

Value (USD Billion)

Segmentation

Main Segments List

By Product Type

  • IgG
  • IgA
  • IgM
  • IgD
  • IgE
  • Others

By Route of Administration

  • Intravenous (IVIG)
  • Subcutaneous (SCIg)
  • Others

By Application

  • Chronic Inflammatory Demyelinating Polyneuropathy (CIDP)
  • Multifocal Motor Neuropathy (MMN)
  • Primary Immunodeficiency Disease (PID)
  • Secondary Immunodeficiency Disease (SID)
  • Guillain-Barre syndrome
  • Immune thrombocytopenic purpura (ITP)
  • Others

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ):

Immunoglobulins Market size was valued at USD 16.3 billion in 2023 and is projected to reach the value of USD 34.7 billion in 2034, exhibiting a CAGR of 7.1% during the forecast period.

The immunoglobulins market involves the production and distribution of antibody based therapies for treating immune deficiencies and autoimmune diseases.

IgG segment and Intravenous segment accounted for the largest Immunoglobulins Market share.

Key players in the Immunoglobulins Market include Grifols, CSL Behring, Takeda Pharmaceutical Company, Octapharma AG, BioProduct Laboratory Ltd., Kedrion Biopharma, AbbVie Inc., Sanofi, Emergent BioSolutions, Polygel Laboratories, LFB Group, Shanghai RAAS Blood Products Co., Ltd., Hualan Biological Engineering Inc., BPL (British Plasma Laboratories), Radius Health, and Other Prominent Players.

Increasing prevalence of immune disorders and autoimmune diseases along with rising awareness of immune-related conditions are the factors driving the Immunoglobulins Market.

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