Intravenous Iron Drugs Market Report Overview:
The report presents up-to-date insights into the revenue and prevailing market trends within the Intravenous Iron Drugs market. It gives significant attention to an overview of the Intravenous Iron Drugs Market, encompassing its definition and market structure, while also addressing proactive and pre-planned management strategies. The report delves into critical aspects like gross margin, costs, market share, capacity utilization, and supply, all of which influence the Intravenous Iron Drugs Market. Additionally, it contributes to understanding the potential trajectory of the Intravenous Iron Drugs Market in the upcoming years. This comprehensive report outlines a market overview through standard topics, each underscored by tailored data that caters to specific needs and requirements.
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Intravenous Iron Drugs Market Report Scope and Research Methodology
The report identifies significant adoption trends impacting the Intravenous Iron Drugs market, as well as factors that will either boost or hinder its growth. An in-depth analysis of these trends and challenges is presented to facilitate client comprehension of the Intravenous Iron Drugs market. Detailed information about the market's size and share is provided, contributing to a comprehensive understanding. The report furnishes upfront data and statistics, rendering it a valuable resource for individuals engaged in advertising and industry decision-making within the Intravenous Iron Drugs market. The document also addresses opportunities and challenges prevailing in the Intravenous Iron Drugs market.
Dynamics of the Intravenous Iron Drugs Market:
Both oral and injectable kinds of iron supplements are available. Intravenous iron preparations produce a greater and quicker increase in iron and haemoglobin levels than oral iron supplements. The disadvantages of oral supplements include GI side effects, limited adherence, poor gastrointestinal absorption, and non-compliance.
The market for IV iron medications is primarily driven by the increasing number of people with diabetes, the rise in patients receiving dialysis for chronic renal illness, and the increasing prevalence of iron deficiency. Increased cases of iron deficiency anaemia in gynaecology, oncology, and gastroenterology, noncompliance with oral treatment, and accurate, timely, and accessible access to IV iron dosages are the main factors driving the demand for intravenous iron medications.
Intravenous Iron Drugs Market Segmentation:
by Specimen
Iron Dextran
Iron Sucrose
Ferric Carboxymaltose
Others
The market for intravenous iron drugs is dominated by the Ferric Carboxymaltose (FCM) sector in the Product Type segment:
Ferric carboxymaltose (FCM), which has a 46.9% revenue share in 2022, is anticipated to garner more attention in the market as a result of expanding applications, improved performance, and lower cost advantages. It's a parenteral iron supplement without dextran that's meant to replenish low iron stores fast and in big dosages. With the advantages of not containing dextran and having a very low immunogenic potential, this drug has a very low risk of anaphylactic responses. It is a stable chemical. Thanks to its beneficial properties, an infusion can be completed quickly (15 minutes) and a test dosage is not required.
by Applications
Chronic Kidney Disease
Inflammatory Bowel Disease
Cancer
Others
One factor contributing to the market expansion for intravenous iron drugs is chronic renal disease.
With 30.8% of sales, the market for intravenous iron medications was topped by the chronic kidney disease industry in 2022. Its sizable market share is caused by the rising prevalence of CKD and the high incidence of IDA among CKD patients. In patients with chronic kidney disease, IDA is a common side effect. While it does happen when the disease worsens and kidney function deteriorates, it is rare in the early stages of renal illness. A decrease in Red Blood Cells (RBCs) in patients with Chronic Kidney Disease (CKD) results in anaemia. Iron Deficiency Anaemia (IDA) cases increase in tandem with the number of patients with chronic kidney disease (CKD).
Intravenous Iron Drugs Market Key Players:
1. Vifor Pharma Management Ltd. 2. AMAG Pharmaceuticals 3. Daiichi Sankyo Company, Ltd. (American Regent. Inc.) 4. Sanofi S.A. 5. Pharmacosmos A/S 6. Shield Therapeutics Plc 7. AbbVie Inc. (Allergan Plc) 8. Allergan, Inc. 9. Sanofi, 10. Luitpold Pharmaceuticals, Inc. 11. Galenica Ltd. 12. Actavis, Inc., 13. Fresenius Medical Care AG & Co., 14. American Regent. Inc
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Intravenous Iron Drugs Market Regional Analysis:
With a market share of 39.9% in 2022, North America is expected to lead the industry's expansion. due to a rise in the US in the approval and launch of new intravenous medications. Its domination has also been aided by the increasing incidence of cancer, chronic renal disease, and gastrointestinal issues in the area. Two other factors driving the market's expansion are the growing prevalence of celiac disease and the growing awareness of women's health. Among the countries in the region are the United States and Canada. The region's intravenous iron medicine market was dominated by the United States in 2021.
Table of content for the Intravenous Iron Drugs Market includes:
Part 01: Executive Summary
Part 02: Scope of the Intravenous Iron Drugs Market Report
Part 03: Global Intravenous Iron Drugs Market Landscape
Part 04: Global Intravenous Iron Drugs Market Sizing
Part 05: Global Intravenous Iron Drugs Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Key Questions answered in the Intravenous Iron Drugs Market Report are:
- Which product segment grabbed the largest share in the Intravenous Iron Drugs market?
- How is the competitive scenario of the Intravenous Iron Drugs market?
- Which are the key factors aiding the Intravenous Iron Drugs market growth?
- Which region holds the maximum share in the Intravenous Iron Drugs market?
- What will be the CAGR of the Intravenous Iron Drugs market during the forecast period?
- Which application segment emerged as the leading segment in the Intravenous Iron Drugs market?
- Which are the prominent players in the Intravenous Iron Drugs market?
- What key trends are likely to emerge in the Intravenous Iron Drugs market in the coming years?
- What will be the Intravenous Iron Drugs market size by 2029?
- Which company held the largest share in the Intravenous Iron Drugs market?
Key Offerings:
- Market Overview
- Market Share
- Market Size
- Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments, sub-segments and region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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