Intravenous Iron Drugs Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

[188+ Pages Report] According to the report published by Facts Factors, the global intravenous iron drugs market size was worth around USD 1,800 million in 2019 and is predicted to grow to around USD 3,000 million by 2026 with a compound annual growth rate (CAGR) of roughly 8.0% between 2020 and 2026. The report analyzes the global intravenous iron drugs market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the intravenous iron drugs market.

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the intravenous iron drugs industry. The report analyzes and declares the historical and current trends analysis of the intravenous iron drugs industry and subsequently recommends the projected trends anticipated to be observed in the intravenous iron drugs market during the upcoming years.

The intravenous iron drugs market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire intravenous iron drugs market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.

Key Insights from Primary Research

• As per our primary respondents, the global intravenous iron drugs market is expected to grow at a CAGR of nearly 8% over the projected period.
• Rising demand for intravenous iron drugs for treating iron-deficiency anemia is a key growth fueling factor for the market.
• On the basis of type, the ferric carboxymaltose segment is expected to dominate the global market, while constituting a market share of approximately 40% in 2019.
• Increasing cases of iron-deficiency among women has also created the demand for IV iron drugs and is likely to increase with increase in health consciousness among women. 
• By geography, the North America region held a major share in the global market accounting for a market share for 35%.

Key Recommendations from Analysts

• According to our healthcare analysts, increased healthcare spending has contributed to increasing the demand for iron supplements. This is driving the IV iron drugs market.
• Moreover, research and development and clinical trials is predicted to create new avenues for the IV iron drugs market. Also, wider commercialization of IV iron drugs is also anticipated to create new avenues for the global market.
• Our analysts estimate that the Asia Pacific region is predicted to foresee a rapid growth attributed to the growing healthcare spending and increasing number of hospitals in China and India.
• Based on type, the iron sucrose segment is expected to witness the highest CAGR over the projected period in the IV iron drugs market.
• In terms of application, the cancer segment is predicted to witness a rapid growth in future years. Loss of blood during cancer treatment often results in decreased Hb concentration in patients, which may fuel the demand for IV iron drugs.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the intravenous iron drugs industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the intravenous iron drugs industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the intravenous iron drugs market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the intravenous iron drugs industry. The intravenous iron drugs market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the intravenous iron drugs sector. Key strategic developments in the intravenous iron drugs market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the intravenous iron drugs market are appropriately highlighted in the report.

The intravenous iron drugs market research report delivers an acute valuation and taxonomy of the intravenous iron drugs industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

Report Scope

The regional segmentation of the intravenous iron drugs industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the intravenous iron drugs industry is provided for the leading economies of the world.

Iron is one of the essential element in many vital biological processes in human body. Iron plays an important role in synthesis of heme, which outlines the basic component of Hb, the oxygen carrier in the blood. Intravenous iron is considered superior to the oral iron supplements and are considered to have faster and higher increase in the hemoglobin and refilling of body iron reserves. Intravenous iron drug directly circulates in the human body, oral iron supplements are first digested in the stomach and then absorbed in the blood flow.

In recent years, the number of anemia and iron deficient patients has increased in recent years. This has boosted the demand for iron supplements in the global healthcare market. In turn, driving the global intravenous iron drugs market. However, cost of oral iron supplements is less than intravenous iron drugs which hampered the wide spread adoption of intravenous iron drugs in the global healthcare market. Moreover, intravenous iron drugs are often prescribed based the patients physiology, which may affect the intravenous iron drug market.

The intravenous iron drugs market is segmented based on product, application, and region. On the basis of product, the market is classified into iron dextran, iron sucrose, ferric carboxymaltose, and others. On the basis of application, the market is classified into chronic kidney disease, inflammatory bowel disease, cancer, and others.

Some of the essential players operating in the intravenous iron drugs market, but not restricted to include

• Allergan Inc.
• Daiichi Sankyo Company Ltd.
• Rockwell Medical Technologies Inc.
• AMAG Pharmaceuticals Inc.
• Sanofi
• Fresenius Medical Care AG & Co.
• Vifor Pharma Management Ltd.
• Pharmacosmos A/S
• Shield Therapeutics Plc
• American Regent Inc.

The taxonomy of the intravenous iron drugs industry by its scope and segmentation is as follows:

By Product Segmentation Analysis

• Iron Dextran
• Iron Sucrose
• Ferric Carboxymaltose
• Others

By Application Segmentation Analysis

• Chronic Kidney Disease
• Inflammatory Bowel Disease
• Cancer
• Others

By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa