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Intravenous Immunoglobulin Market to Attain a Value of US$14,923.2 mn by 2024
by poojam · October 3, 2018

The global intravenous immunoglobulin (IVIG) market is prognosticated to witness solid growth in the coming years, according to report published by Transparency Market Research (TMR).聽 The market鈥檚 vendor landscape features high amount of consolidation. The leading four players, Grifols S.A., CSL Behring LLC, Baxalta Incorporated, and Octapharma AG Wholesale Al-Farouq Aminu Jersey , held over two-thirds of the overall market share in 2017, with Grifols S.A. holding maximum traction in the market. The dominance of this company could be attributed to the strong geographical presence acquired by the company.

With a low number of vendors in the market, the market has an oligopolistic nature. This has fostered vigorous competition among the market participants. In order to ensure that the vendors leave their footprint in the industry, enterprises are adopting several strategies to gain market traction, such as mergers and acquisitions, and regional expansion. For instance, CSL Behring LLC recognized the large unmet demand for blood plasma and bio-therapeutics in Russia, and started operations in the country recently.

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