Hyperimmune Globulins Market Research, 2033
The global hyperimmune globulins market was valued at $1.7 billion in 2023, and is projected to reach $3.2 billion by 2033, growing at a CAGR of 6.2% from 2024 to 2033. An increased prevalence of infectious diseases is one of the major factors driving the hyperimmune globulins market.
Market Introduction and Definition
Hyperimmune globulins are a type of immunoglobulin (antibody) product derived from human or animal plasma that contains a high concentration of specific antibodies against particular pathogens or toxins. These antibodies are produced in response to exposure to a disease or vaccine. Hyperimmune globulins are typically used to provide immediate passive immunity to individuals who have been exposed to a specific infectious agent or are at high risk of infection. They are often administered in emergency situations or when immediate immunity is needed, as they provide protection more quickly than vaccines, which take time to stimulate the body's immune system to produce its own antibodies.
Key Takeaways
- The hyperimmune globulins market size study covers 20 countries. The research includes a segment analysis of each country in terms of value ($Billion) for the projected period 2024-2033.
- More than 1, 500 product literatures, industry releases, annual reports, and other such documents of major hyperimmune globulins industry participants along with authentic industry journals, trade associations releases, and government websites have been reviewed for generating high-value industry insights.
- The study integrated high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global markets and to assist stakeholders in making educated decisions in order to achieve their most ambitious growth objectives for hyperimmune globulins market forecast.
Key Market Dynamics
The hyperimmune globulins market growth main factor is the increased prevalence of infectious diseases such as, Ebola, Zika, rabies, tetanus, varicella-zoster, and hepatitis B. Since hyperimmune globulins produce passive immunity instantly, they are crucial for the management of various diseases, particularly after exposure. Hyperimmune globulin demand has been fueled by rising public and healthcare professional knowledge of the value of passive immunization. In addition to standard vaccines, these medications provide rapid immunity for people who are at high risk or who have been exposed to particular diseases.
The usage of these medicines is rising in hospitals, clinics, and public health institutions owing to awareness campaigns and instructional initiatives, particularly in high-risk groups including immunocompromised patients and expectant mothers, thereby driving hyperimmune globulins market growth. Enhancements in plasma fractionation and purification techniques have resulted in increased productivity of hyperimmune globulin synthesis. Advances in plasma-derived medicines are improving the products' potency, safety, and purity. The supply issues associated with these treatments are being mitigated by improved plasma collection techniques, such as plasmapheresis and automated procedures, which are increasing donor plasma yield.
Rising awareness of the importance of early intervention following exposure is increasing the adoption of hyperimmune globulins. Rapid improvements in healthcare infrastructure in emerging markets such as Asia-Pacific, & LAMEA are contributing to increased access to hyperimmune globulins. Growing healthcare investments, rising incidences of infectious diseases, and improved awareness about treatments are major drivers in these regions. Additionally, increased government spending on healthcare and infectious disease management in developing nations has created hyperimmune globulins market opportunity.
Immunoglobulin Market
The global immunoglobulin market was valued at $13.5 billion in 2022, and is projected to reach $25.6 billion by 2032, growing at a CAGR of 6.6% from 2023 to 2032. The primary driver fueling the immunoglobulin market growth is the prevalence of target diseases like primary immunodeficiency, myasthenia gravis, and Idiopathic Thrombocytopenic Purpura. Notably, around 8 million people globally are estimated to be affected by primary immunodeficiency, emphasizing the significant patient population requiring immunoglobulin treatments. Moreover, the growing geriatric population, more susceptible to immune-related disorders, further underscores the market's momentum. These statistics underscore the critical role of immunoglobulin therapies in addressing the diverse healthcare needs arising from a range of prevalent medical conditions.
Global Immunoglobulin Market
2022 | 2032 |
13.5 billion | 25.6 billion |
Market Segmentation
The hyperimmune globulins market analysis is segmented into type, end user, and region. On the basis of product, the market is categorized into hepatitis B immunoglobulins, rabies immunoglobulins, tetanus immunoglobulins, and others. On the basis of application, the market is categorized into post-exposure prophylaxis, and others. On the basis of end user, the market is categorized into hospital, clinics, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Regional/Country Market Outlook
North America accounted for a major hyperimmune globulins market share owing to the presence of major players, products approval, well-established healthcare facilities, technological advancements, and a rise in prevalence of infectious diseases, and increase in awareness regarding the disease. This supports the widespread adoption of treatments like hyperimmune globulins.
Asia-Pacific hyperimmune globulins market share is estimated to grow with the highest CAGR during the forecast period, owing to the lucrative opportunities for the key players, owing to a rise in target population. Many countries in APAC, such as China and India, are heavily investing in healthcare infrastructure. As access to advanced medical care improves, the demand for hyperimmune globulins. Another factor driving the growth of the market is the focus of major players on technological advancements, expansion via product development & approval in the hyperimmune globulins market.
Industry Trends
- New product innovations and advances in plasma fractionation technologies are making the development and production of hyperimmune globulins more efficient and scalable.
- Markets in developing countries have untapped potential as healthcare systems expand and access to these therapies improves.
Competitive Landscape
The major players operating in the hyperimmune globulins industry are CSL Behring, Grifols, Biotest, Kedrion, CBPO, Emergent (Cangene) , Kamada, CNBG, Hualan Bio, Shanghai RAAS, Sichuan Yuanda Shuyang and ADMA Biologics.
Key Sources Referred
- National Center for Biotechnology Information
- World Health Organization (WHO)
- National Library of Medicine
- The United States Food and Drug Administration
- U.S. Department of Health & Human Services
- Centers for Disease Control and Prevention
- Indian Council of Medical Research
- GOV.UK
- Australian Medical Association
- Agency for Healthcare Research and Quality
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the hyperimmune globulins market analysis from 2024 to 2033 to identify the prevailing hyperimmune globulins market size opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the hyperimmune globulins market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global hyperimmune globulins market trends, key players, market segments, application areas, and market growth strategies.
Hyperimmune Globulins Market , by Product Report Highlights
Aspects | Details |
Market Size By 2033 | USD 3.2 Billion |
Growth Rate | CAGR of 6.2% |
Forecast period | 2024 - 2033 |
Report Pages | 280 |
By Product |
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By Application |
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By End User |
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By Region |
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Key Market Players | Grifols, CSL Behring, Emergent (Cangene), Kamada, CBPO, CNBG, Kedrion, ADMA Biologics, Hualan Bio, Biotest |
North America is the largest regional market for hyperimmune globulins market.
2023 is the base year of hyperimmune globulins market.
2024 to 2033 are the forecast year of the hyperimmune globulins market.
The major players operating in the hyperimmune globulins market are CSL Behring, Grifols, Biotest, Kedrion, CBPO, Emergent (Cangene), Kamada, CNBG, Hualan Bio, Shanghai RAAS, Sichuan Yuanda Shuyang and ADMA Biologics.
The hyperimmune globulins market was valued at $1.7 billion in 2023.
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