Human Immunoglobulin (pH4) for Intravenous Injection Market to Grow Significantly Owing to Technological Advancements
Human Immunoglobulin (pH4) for Intravenous Injection refers to blood plasma derived product that helps in treating various conditions where weakened or impaired immune system requires strengthening. Conditions like immunodeficiency disorders, autoimmune disorders and rejection of transplanted organs are treated with Human Immunoglobulin therapy. It contains antibodies that help fight infections and boost immunity. The growing prevalence of immunodeficiency disorders and increasing adoption of intravenous immunoglobulins therapy over subcutaneous administration are key drivers for the market growth.
The Global Human Immunoglobulin (pH4) for Intravenous Injection Market is estimated to be valued at US$ 8.5 billion in 2024 and is expected to exhibit a CAGR of 6% over the forecast period 2024-2029.
Key Takeaways
Key players operating in the Human Immunoglobulin (pH4) for Intravenous Injection are Baxter International Inc., CSL Behring, Grifols S.A., Octapharma, Kedrion Biopharma Inc., LFB group. These players are engaged in new product launches and facility expansion activities to strengthen their market position.
The Human Immunoglobulin (pH4) for Intravenous Injection Market Demand provides ample opportunities for players in terms of new indications approval and geographical expansion especially in developing regions. technological advancements in purification techniques allow production of highly purified immunoglobulins with minimal risk of transmission of infectious agents. Developments in liquid-ready intravenous immunoglobulin formulations provide enhanced stability and storability.
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