San Jose, California (PRWEB) July 09, 2013
Follow us on LinkedIn – Immunoglobulins administered through the intravenous route (IVIg) are the most important blood plasma proteins used in the treatment of a variety of labeled and unlabeled indications. The global Intravenous Immunoglobulin (IVIg) market is forecast to witness strong growth supported by increasing acceptance among patients as awareness about the indications for which the protein can be prescribed rises. Increasing population and life expectancy is one of the key factors driving growth of IVIg consumption at the global level and the trend will continue to influence the market positively in the coming years. Approval of new indications and improved diagnosis of conditions are expected to wield a positive effect on the market in the near future. One of the key growth drivers for IVIg is be the protein’s increasing use in immune-mediated neurological disorders and primary immunodeficiencies.
IVIg is also finding increased usage in emerging countries on account of rapid medical technology development, favorable demographics and increasing awareness about treatment with plasma proteins. Expansion of healthcare in developing markets will also be a key growth driving factor for the protein. China, with vast unmet medical needs and a very low per capita consumption, offers robust opportunities for growth. The nation is touted to emerge as one of the leading IVIg consuming markets. Other factors to drive growth in developing countries include improvement in health service provision, increasing funding and expanding range of therapeutic indications for IVIg. On the other hand, key factors with the potential to challenge growth in the medium-to-long term period include healthcare cost containment efforts in industrialized countries; while in emerging countries, the high cost of
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