Sports Nutrition Market Global Industry Analysis and Research Report 2020

 The global sports nutrition market size is expected to reach USD 33.03 billion by 2028 according to a new study by Polaris Market Research. The report “Sports Nutrition Market Share, Size, Trends, Industry Analysis Report, By Product (Sports Drink, Sports Supplements, Sports Foods); By Distribution Channel (E-commerce, Brick and Mortar), By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The rising awareness of the importance of diet and nutrition among athletes is driving the market growth. Athletes and fitness-savvy people strongly focus to fulfill their nutritional requirements along with their routine physical activities. Target segments such as fitness enthusiasts, coaches, athletes, and trainers emphasize nutritional requirements to influence training and recovery to enhance their performance. U.S.-based Gatorade Sports Science Institute, in association with researchers and other collaborators, studies the impact of nutrition on training athletes and spread awareness regarding sports nutrition.

 

Moreover, the health and supplementing industry is continuously evolving itself through innovation and new product launches according to the taste and preferences of different strata of consumers in varied age groups. In line with this, companies are leveraging plant-based vegan nutritional products in the market. For instance, in 2019, Israel based nutrition start-up InnovoPro Ltd introduced vegan chick-pea protein powder. Previously, in November 2017, Apres introduced vegan plant-based protein beverages to support their full body nutritional replenishment.

 

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Market participants such as Glanbia Plc., SternLife, Optimum Nutrition, Hormel Foods Corporation, CytoSport, Inc., Clif Bar & Company, Stokely Van Comp, Inc., Max Nutrition, and MusclePharm. are some of the key players operating in the global market. Players in the marketplace are introducing new products and services to stay competitive in the intense market environment.

 

For instance, in December 2020, MYOS Corporation, a U.S.-based advanced nutrition company entered into an exclusive agreement with Science Biotech to distribute its Fortetropin product in Australian and New Zealand markets. The product is a nutritional product developed to accelerate muscle mass gains, recovery from injury, and improves mobility. According to the company’s claim, Australia is the high-performing market for fitness products, as it is recognized as a sports-loving nation.

 

In July 2020, the Chelsea football club introduced its new sports nutrition service “Blue Fuel” to design personalized meal plans, to be controlled via a mobile app. It is a subscription-based service, which incorporates varied sports tested product range which includes protein powders, hydration sachets, gummies, and protein bars. It also addresses fitness aims for the players to improve their performance.

 

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Polaris Market Research has segmented the sports nutrition market report on the basis of product, distribution channel, and region:

Sports Nutrition, Product Outlook (Revenue – USD Million, 2016 – 2028)

• Sports Drink
• Sports Supplements
• Sports Foods

Sports Nutrition, Distribution Channel Outlook (Revenue – USD Million, 2016 – 2028)

• E-commerce
• Brick-and-Mortar

Sports Nutrition, Regional Outlook (Revenue – USD Million, 2016 – 2028)

• North America
  • U.S.
  • Canada
• Europe
  • France
  • Germany
  • UK
  • Italy
  • Spain
  • Netherlands
  • Austria
• Asia Pacific
  • China
  • India
  • Japan
  • Malaysia
  • South Korea
  • Indonesia
• Central & South America
  • Mexico
  • Brazil
  • Argentina
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

 

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COVID-19 Diagnostics Market Global Industry Analysis and Research Report 2020

 The global COVID-19 diagnostics market size is expected to reach USD 23.67 billion by 2027 according to a new study by Polaris Market Research. The report “COVID-19 Diagnostics Market Share, Size, Trends, Industry Analysis Report, By Product & Service Type (Instruments, Reagents & Kits, Service); By Sample Type (Nasopharyngeal (NP) Swab, Oropharyngeal (OP) Swab, Nasal Swabs, Blood, Others); By Test Type (Molecular (PCR) Testing, Antigen-based Testing, Antibody (Serology) Testing, Others); By Mode; By End Use; By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

COVID-19 medical tests play an important role in management of coronavirus and thus helping in containing the virus infection. These tests are available as POC and non-POC across various healthcare settings such as hospitals, diagnostic centers, physician clinics, and research laboratories. POC test are comparatively easier than the other swab-based tests but they lack sensitivity and specificity thus providing a non-conclusive result.

 

While these tests are useful in real-time monitoring of infection as a preliminary test, the swab-based tests are necessity for confirmation of COVID-19 infection as they incorporate RT-PCR technology, which provide accurate results. The recent requirements for COVID-19 tests are higher accuracy, faster results, low-cost, and high sensitivity towards coronavirus.

 

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The market drivers for COVID-19 diagnostic includes rapidly increasing COVID-19 infections across the globe, increasing number of patients undergoing diagnosis, government initiatives such as Sero testing, increased preference of physicians and patients towards POC testing, and increased requirement for COVID-19 test by non-profit organizations.

 

According to World Health Organization (WHO) as of September there were 29 million cases of COVID-19 infections worldwide, affecting about 213 countries and increasing rapidly. The relaxation in lockdowns across the countries and increasing number of testing is expected to drive the demand for COVID-19 diagnostics market. In addition, emergence of second wave of infections in Europe is likely to have a positive impact on the market growth.

 

Companies such as Cepheid, 1drop Inc., ALDATU BIOSCIENCES, Altona Diagnostics GmbH, Perkin Elmer, Inc., bioMerieux SA, Danaher, Hologic Inc., Abbott, Luminex Corporation, ADT Biotech, Mylab Discovery Solutions Pvt Ltd., Laboratory Corporation of America Holdings, Quest Diagnostics, Quidel, Neuberg Diagnostics, Thermo Fisher Scientific, Inc., F. Hoffman-La Roche Ltd. and Veredus Laboratories are some of the key players operating in the market.

 

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Background Music Market Global Industry Analysis and Research Report 2020

 The global background music market size is expected to reach USD 2.49 billion by 2027 according to a new study by Polaris Market Research Restaurants and other food service outlets use multiple marketing tactics and strategies to increase the footfall. Acoustic branding, which involves design and presentation of appropriate background music that reinforces the brand personality is gaining traction among establishments. Within the hospitality industry, it is pivotal that the background music is in sync with brand values to create distinct and unique customer experiences.

Auditory experience plays a vital role in distinguishing the restaurant brands from their competitors, which makes it a key area of consideration for every restaurant or café chain. However, the perceived benefits associated with background music systems can vary from customer to customer, as a result, it has a certain level of limitations to it.

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Lucrative business of retail giants such as Walmart, Whole Foods, the Kroger Co., Costco, and Home Depot; and further expansion of retail network is expected to offer growth opportunity for the market. Buoyancy in hospitality industries and adoption of innovative business strategies to enhance profits have positively impacted the demand for background music.

 

Hiring of music consultants by stores, restaurants, and many other businesses is rising significantly owing to their ability to provide expertise on suitable background music. Music consultants are being increasingly approached by business units to create distinct and cohesive musical identities for their brands, which also implies fusion of the brands with specific heritages. This, in turn, is also creating large-scale penetration for background music systems across various business verticals.

 

Further, the fitness industry in the region is evolving to align their offerings with changing fitness trends. According to the International Health, Racquet & Sports Club Association (IHRSA), over 25,000 health clubs of fourteen markets in Asia Pacific attracted over 22 million members. The expanding middle class and significant influence of millennial population have significantly propelled the growth of the end-user industries that use background music systems to strengthen consumer relations and obtain business profits.

 

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Some of the key participants in the industry include PlayNetwork, Inc., Sirius XM Holdings, Inc., Auracle Sound, TouchTunes Music Corporation, Imagesound, Soundnet Limited (Soundjack), Easy on Hold, Xenox Music & Media B.V., Express Melody, Qsic Pty Ltd., OpenEar Music, Cloud Cover Music, Almotech Media Solutions, and Mood Media Corporation.

 

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Flame Retardant Apparel Market Global Industry Analysis and Research Report 2020

 The global flame retardant apparel market size is expected to reach USD 5.11 billion by 2027 according to a new study by Polaris Market Research. The report “Flame Retardant Apparel Market Share, Size, Trends, Industry Analysis Report, By Product (Inherent, Treated); By Type (Woven, Non-Woven, Knitted), By Clothing Type (Durable, Disposable); By End Use; By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Manufacturers are using new technologies to develop garments with properties such as flame protection, durability, and comfort owing to the increasing demand from the industrial sector, driving market growth. Manufacturers have developed multi-utility apparels for wide range industries. Apparels of this type offer flame retardant, chemical protection, and cut protection. This offers high growth opportunity for the market growth.

 

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Manufacturers of protective clothing in North America and Europe need to comply with government regulations and standards enforced by associations such as OSHA. Governments in emerging economies are trying to establish stringent health and safety regulations and create an effective safety awareness programs for worker safety. As a result, the demand for flame retardant apparels is expected to witness growth across the regions.

 

Asia Pacific is expected to witness fastest growth over the projected period owing to the expansion of various several end-use industries such as automotive, manufacturing, and construction. In addition, the increasing number of production facilities in countries such as India and China is expected to further drive demand. Therefore, demand for protective apparels is anticipated to rise significantly driving the demand for flame retardant apparels. Recently, however, workers have started to purchase their own protective gear from online stores. Workers can choose from a wide variety of brands that comply with their company’s guidelines.

 

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Companies such as Honeywell Safety, Bulwark, Seyntex N.V., Fristads, Marina Textil S.L., DEVA F-M. s.r.o., Koninklijke Ten Cate N.V., Portwest Ltd., Lakeland Industries, and National Safety Apparel Inc. are some of the key players operating in the concerned market.

 

The market is fragmented with few major players operating across the regions. Companies such as Lenzing AG, Honeywell International, Bulwark, Kermel, 3M, W. L. Gore & Associates GmbH, and Dupont are few of the companies present across the globe and majorly provide flame retardant apparels and fabric.

 

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Atigraphy Sensors and PSG Devices Market Global Industry Analysis and Research Report 2020

 The Global Actigraphy Sensor And PSG Devices Market Size Is Expected To Reach USD 1.65 Billion By 2027 According To A New Study By Polaris Market Research. The Report “Actigraphy Sensor And PSG Devices Market Share, Size, Trends, Industry Analysis Report, By Product Type (Actigraphy Devices; Polysomnography Devices); By Technology (Wireless, USB, GPS), By Distribution Channel (Retail Stores, Online Retail Stores, Pharmacies, Hospitals, Diagnostic Laboratories, Homecare Settings); By Regions; Segment Forecast, 2020 – 2027” Gives A Detailed Insight Into Current Market Dynamics And Provides Analysis On Future Market Growth.

 

Actigraphy And PSG Devices Play An Important Role In Management Of Sleep Disorders. Growing Prevalence Of Sleep Disorders And Alterations In Sleeping Patterns Has Led To Sleep Disorders Ranging From Minor Disturbances To Major Sleep Problems. While Chronic Sleep Disorders Make A Crucial Impact On Person’s Quality Of Life And Health, Management Of These Disorders At An Early Phase Is Quite Essential. As Increasing Number Of Patients Are Seeking Diagnostic Services To Secure Accurate Treatment For Sleep Disorders, The Demand For Actigraphy Sensors And PSG Devices Is Continuously Increasing.

 

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The Market Is Driven By Continuously Increasing Prevalence Of Insomnia, Stressed Lifestyle, Which In Turn Increases The Number Of People With Disturbed Sleep Cycle And Are The Potential Patients For Treatment. Adoption Of These Devices In Diagnostics And Inclusion In Treatment Plan Helps Patients To Achieve Better Patient Outcome. According To The Statistics Published By The Maternal And Child Health Bureau In The U.S., On An Average 60 Million People Suffer With One Or Other Sleeping Pattern Disorder.

 

With Increase In Demand For These Devices Market Participants Such As Fit Bit, Inc. Has Recently Announced The Launch Of New Enterprise Fit Bit Care, Thus Introducing The Launch Of Breakthrough Platform For Enhancing Wellness And Disease Management. This Platform Features Wide Range Of Devices Which Includes But Not Limited To Wearables And Tracking Devices.

 

These Lucrative Market Opportunities Are Leading To Mergers & Acquisitions In The Industry With Resmed, Inc. Acquiring Matrixcare And Garmin Ltd Collaborating With Actigraph To Diversify Their Offerings In This Product Segment. Companies Such As Somnomedics Gmbh, Resmed Inc., Recorders & Medicare Systems Pvt Ltd, Natus Medical, Inc., MEDISANA Gmbh, Koninklijke Philips N V, Garmin Ltd, Fitbit, Inc., Compumedics, Ltd, BMC Medical Co, Aetna Inc., And Activinsights Ltd. Are Some Of The Key Players Operating In The Global Market.

 

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Polaris Market Research Has Segmented The Actigraphy Sensors And PSG Devices Market Report On The Basis Of Product, Technology, And Distribution Channel, And Region

Actigraphy Sensors & PSG Devices Market, Product Outlook (Revenue – USD Million, 2016 – 2027)

• Actigraphy Devices
• Wrist And Handband Devices
• Wearable Devices
• Polysomnography Devices
• Fixed
• Portable

Actigraphy Sensors & PSG Devices Market Technology Outlook (Revenue – USD Million, 2016 – 2027)

• Wireless
• USB
• GPS
• Others

Actigraphy Sensors & PSG Devices Market Distribution Channel Outlook (Revenue – USD Million, 2016 – 2027)

• Retail Stores
• Online Retail Stores
• Pharmacies
• Hospitals
• Diagnostic Laboratories
• Homecare Settings

Actigraphy Sensors & PSG Devices Market Regional Outlook (Revenue – USD Million, 2016 – 2027)

• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Spain, Netherlands, Austria)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

 

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Neuralgia Treatment Market Global Industry Analysis and Research Report 2020

 The global neuralgia treatment market size is predicted to reach USD 2.83 billion by 2027 according to a new study by Polaris Market Research. The report “Neuralgia Treatment Market Size, Share & Trends Analysis Report, By Treatment (Drug Based [Anticonvulsant Medicines, Tricyclic Antidepressants], Surgeries [Balloon Compression, Glycerol Injection, Radiofrequency Thermal Lesioning, Stereotactic Radiosurgery, Microvascular Decompression]); By End-Use; By Region, And Segment Forecasts, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The neuralgia treatment market is expected to witness significant growth owing to the increasing incidences of diabetes and trigeminal neuralgia. Furthermore, multiple sclerosis is also one of factors which can cause neuralgia. Multiple sclerosis decreases the body immunity owing to the neurodegenerative condition which affects the myelin sheath that can cause neuralgia. This is likely to drive market demand over the forecast period.

 

The potential drug candidates and the expected drug approval is expected to stimulate the global market, with high concentration of pharmaceutical companies engaged in the research & development of novel drugs for neuralgia treatment. For instance, U.S-based drug manufacturer, Biogen Inc. is developing BIIB074 (Vixotrigine) for the treatment of trigeminal neuralgia and is currently in phase II.

 

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Market participants such as Allergan Plc, GlaxoSmithKline Plc., Biogen, Inc., Abbott Laboratories, PixarBio Corporation, Merz Pharma GmbH, Trigemina Inc., Pfizer Inc., Novartis, Lupin, and others. are some of the key players operating in the global market. Biohaven pharmaceuticals has Rimegepant in the phase II clinical trials and it is estimated to be completed by December 2020. The drug is a potent antagonist of the CGRP receptor. The receptor is responsible for neural sensitization and neuropathic pain.

 

In May 2020, CODA Biotherapeutics, Inc. (CODA), the U.S.-based clinical stage pharmaceutical company currently in the process of developing gene therapy based chemogenetic platform announced the collaboration with the Facial Pain Research Foundation (FPRF) to utilize company’s proprietary platform to develop potential therapies and treatment options for the trigeminal neuralgia and other neurological conditions.

 

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Polaris Market Research has segmented the neuralgia treatment market report on the basis of treatment, indication, distribution channel, and region

 

Neuralgia Treatment, By Treatment (Revenue – USD Million, 2016 – 2027)

• Drug Based
  • Anticonvulsant Medicines
    • Carbamazepine
    • Oxcarbazepine
    • Topiramate
    • Gabapentin
    • Pregabalin
    • Clonazepam
    • Phenytoin
    • Lamotrigine
    • Valproic Acid
  • Tricyclic Antidepressants
    • Amitriptyline
    • Nortriptyline
• Surgeries
  • Balloon Compression
  • Glycerol Injection
  • Radiofrequency Thermal Lesioning
  • Stereotactic Radiosurgery
  • Microvascular Decompression

Neuralgia Treatment, By End-Use (Revenue – USD Million, 2016 – 2027)

• Hospitals & Clinics
• Ambulatory Surgery Centers
• Others

Neuralgia Treatment, By Regional Outlook (Revenue – USD Million, 2016 – 2027)

• North America
  • U.S.
  • Canada
• Europe
  • France
  • Germany
  • UK
  • Italy
  • Spain
  • Netherlands
  • Austria
• Asia Pacific
  • China
  • India
  • Japan
  • Malaysia
  • South Korea
  • Indonesia
• Central & South America
  • Mexico
  • Brazil
  • Argentina
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

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Rapid Oral Fluid Screening Device Market Global Industry Analysis and Research Report 2020

 The global rapid oral fluid screening device market size is predicted to reach USD 24.08 billion by 2027 according to a new study by Polaris Market Research. The report “Rapid Oral Fluid Screening Device Market Share, Size, Trends, Industry Analysis Report, By Drug Type (Alcohol, Marijuana, Opioids, Cocaine, Amphetamine, Methamphetamine, Benzodiazepines); By Forms (Cassettes, Swabs, Strips); By End User (Hospitals, Diagnostic Laboratories, Forensic Laboratories, Private Employers, Home care Setting); By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

In trend with the developing business models in healthcare sector, development of effective, efficient and productive products is on a significant surge, coupling with increasing favorable reimbursements and approvals by the government. Rising strong product pipelines for the research & development of novel rapid oral fluid screening devices also contribute a remarkable proportion towards surging the market growth globally over the forecast period.

 

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Furthermore, as the technology is becoming easy-to-develop and subject to a smaller number of regulations, the market is witnessing less entry hurdles for new entrants. Additionally, rapid oral fluid has ability to diagnose drug consumed in the body in less than one day and cannabis consumed in less than four hours after the testing time, hence, propelling the growth of rapid oral fluid screening devices, globally over the projected period.

 

Rapid oral fluid screening devices provide a wide range of screening abilities such as marijuana, cocaine, methamphetamine, and opioids are expected to drive rapid oral fluid screening device market growth over the forecast period. In addition, the growing need for drug screening across the regions owing to increasing consumption of illegal narcotics is expected to drive the demand for these devices in the coming years.

 

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The global rapid oral fluid screening device market players include OraSure Technologies, Inc., Oranoxis Inc., Guangzhou Wondfo Biotech Co., Ltd, UCP Biosciences, Inc., MEDACX Limited, Screen Italia Srl, and AccuBioTech Co. Ltd., among others. Moreover, developing and commercializing products that evaluate adherence to HIV medications, enhancing its product offerings to include additional diagnostic offerings, and building new infrastructure also adds towards the growth of the organizations.

 

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Architectural Coatings Market 2021 | Industry Analysis | Global and Regional Market Forecast to 2028

 The global architectural coatings market size is expected to reach USD 99.03 billion by 2027 according to a new study by Polaris Market Research. The report “Architectural Coatings Market Share, Size, Trends, Industry Analysis Report, By Resin Type (Acrylics, Alkyds, Epoxy, Urethanes, Vinyl, Others); By Technology (Water-borne, Solvent-borne, Powder); By Application (Residential, Non-Residential); By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The demand for architectural coatings is expected to witness growth on account of increasing demand in the residential and non-residential sectors. In addition, technological advancement in the field of coatings and development of green products is expected to drive the demand for architectural coatings across the globe. Furthermore, increasing construction projects in Asia Pacific countries such as China and India are likely to complement market growth.

 

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Several traditional solvent-based architectural coatings owing to presence of high levels of Volatile Organic Compounds (VOCs) are losing popularity in the coatings industry. On account of the wide range of advantages of solvent-based coatings such as liquefying properties, increased evaporation rates, and reduced drying time, solvent-based coatings are being used in a variety of industrial applications. Water-borne coatings are gaining popularity on account of eco-friendly nature of the coatings.

 

Increasing levels of emission of Hazardous Air Pollutants (HAPs) and Volatile Organic Compounds (VOCs) from conventional solvent-based coatings have raised concerns pertaining to environmental degradation. The government across the globe are restricting the usage of toxic and harmful coatings. With enactment of stricter laws and regulations to curb air pollution caused due to hazardous emissions and conventional solvent-based coatings are likely to be soon replaced by green- or bio-based solvents. In order to comply with the laws and regulations, consumers are increasingly opting for green coatings.

 

Market participants such as PPG Industries, Inc., Akzo Nobel N.V., The Sherwin-Williams Company, Kansai Paints Co., Ltd., Asian Paints Limited, and Nippon Paint Holdings Co., Ltd., BASF SE, Masco Corporation, Jotun Group, and RPM International Inc. are some of the key players operating in the concerned market. The research scholars at the premier IIT Hyderabad are using fly ash to form water repellent structure. These hydrophobic structures can be used as anti-soiling coatings, stainless textiles, self-cleaning coatings, and anti-sticking surfaces for the antennae.

 

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Automotive Wholesale and Distribution Aftermarket Revenue And Growth Rate 2021-2027

 The worldwide Automotive Wholesale And Distribution Aftermarket Market is anticipated to reach over USD 295.2 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the passenger vehicles segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global automotive wholesale and distribution aftermarket market.

 

The expanding global automotive industry, along with increasing average age of vehicles majorly drives the automotive wholesale and distribution aftermarket market growth. The increasing sale of passenger vehicles, especially form the emerging economies of Asia-Pacific, and use of advanced technology for fabrication of auto parts boosts the market growth.

 

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Consumers are increasingly becoming aware of proper maintenance and repair of vehicles, which supports market growth. Other factors driving market growth include greater need for long distance travel, technological advancements in telematics technologies, and changing lifestyles. New emerging markets, and emerging consumer demographics would provide growth opportunities for automotive wholesale and distribution aftermarket market in the coming years.

 

In 2017, North America accounted for the highest share in the global automotive wholesale and distribution aftermarket market. The established automotive industry, technological advancements, and high investment in R&D are factors expected to drive the market growth in the region. Asia-Pacific is expected to grow at the highest CAGR during the forecast period. This is due to economic growth in countries such as China and India, leading to rising living standards and increasing disposable income. Expansion of global players into these countries to tap market potential boosts the market growth. Favorable regulations for production of automotive wholesale and distribution aftermarket components, and poor road infrastructure in developing countries such as India, and Pakistan are expected to augment Automotive Wholesale And Distribution Aftermarket Market Growth during the forecast period.

 

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The companies operating in the market include Denso Corporation, Robert Bosch GmbH, ZF Friedrichshafen AG, Continental AG, 3M Company, Delphi Automotive PLC, Magneti Marelli S.p.A, Goodyear Tire & Rubber Company, Cooper Tire & Rubber Company, and Federal-Mogul Corporation. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

 

Intravenous Immunoglobulin Market Latest Trends To Boost Industry Growth

 The global intravenous immunoglobulin market size is anticipated to reach over USD 16,882.15 Million by 2026, according to a new research published by Polaris Market Research 

 

Immunoglobulins (IGs) are glycoproteins that are formed in the blood plasma in response to the antigens (Ag), which are considered as a foreign material to the host system. IGs are highly composite objects and precise in their nature. They are achieved from blood by fractionation procedure and filtered fo non-therapeutic as well as therapeutic applications. In therapeutics, they are administered intravenously for the treatment of several immunodeficiency.

 

The global intravenous immunoglobulin market majorly is driven by rising elderly population, increasing occurrence of immunodeficiency disorders, growing implementation of IVIG procedures and increasing usage of off-label indications. Increasing number of patients with immunodeficiency disease is the primary reason for the expansion of IVIG procedures. According to the World Health Organization (WHO), there are approximately 50 diverse Primary Immune Deficiency (PID) such as X-lined hypo-gamma-globulinemia, specific antibody deficiency and others. 

 

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Moreover, according to the U.S. National Library of Medicine and National Institute of Health, around 6 million patients are suffering from PID globally. Rising occurrences of these immune diseases is anticipated to bolster the demand for intravenous immunoglobulin treatments during the forecast period. The demand for IVIG treatments for the primary and acquired immunodeficiency disorder is growing as it is the only available as well as most effective treatment option. Moreover, inactive lifestyle behaviors, including intake of saturated fats, sugars and salts, less physical actions, and high alcohol intake have led to the surge in the occurrence of such diseases. Increasing occurrence of such lifestyle related disease including antibody deficiency disorders and obesity are the factors anticipated to drive the global intravenous immunoglobulin market growth.

  

The global intravenous immunoglobulin market is segmented on the basis of Application and geography. On the basis of application, the global Intravenous Immunoglobulin Market is categorized into Chronic Inflammatory Demyelinating Polyneuropathy (CIDP), Hypogammaglobulinemia, Congenital AIDS, Immunodeficiency diseases, Multifocal motor neuropathy, Myasthenia Gravis, Chronic Lymphocytic Leukemia, Kawasaki disease, Guillain-Barre syndrome, and Idiopathic Thrombocytopenic Purpura (ITP). In 2017, Hypogammaglobulinemia is estimated to dominate the application segment. The dominancy is attributed to the growing global occurrences of primary immunodeficiency diseases (PID). It is the most common chronic immune defect in patients with lymphoproliferative disorders (LPDs). According to the Centers for Disease Control and Prevention (CDC) in 2012, the global occurrence rate of hypogammaglobulinemia was around 2 per 100,000 populations moreover, the number of people suffering this type of disease are estimated to increase during the forecast period. Growing occurrence of immunodeficiency disorders associated with the high implementation of IVIG therapies is expected to drive the segment growth significantly.

 

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Some major key players in global intravenous immunoglobulin market include Baxter International Inc., CSL Ltd., Grifols S.A, Octapharma AG, Kedrion Biopharma Inc., LFB group, Biotest AG, China Biologics Products, Inc., BDI Pharma Inc., and Bayer Healthcare among others.