The growth in the forecast period can be attributed to rising R&D expenditures, a rise in the prevalence of RSV, growing demand for personalized and telemedicine, a growing aging population, increasing pediatric population in emerging markets. Major trends in the forecast period include the development of RSV treatment, biosimilar development, clinical trial outcomes, advances in treatment and regulatory approvals, and the introduction of combination vaccines.
The rising prevalence of chronic respiratory conditions is expected to drive the growth of the Synagis market in the coming years. Chronic respiratory conditions are long-term illnesses that affect the lungs and airways, causing persistent breathing difficulties. Factors contributing to the increase in these conditions include an aging population, smoking, lifestyle choices, genetic and occupational factors, and environmental pollution. Synagis (palivizumab) is used to prevent severe respiratory syncytial virus (RSV) infections in high-risk infants and children, reducing the risk of complications and flare-ups in those with existing respiratory conditions. For example, in December 2023, Public Health Scotland reported that the prevalence of doctor-diagnosed asthma rose from 16% in 2021 to 17% in 2022. As the prevalence of chronic respiratory conditions continues to rise, the Synagis market is expected to grow.
The increase in healthcare expenditure is also significantly contributing to the growth of the Synagis market. Healthcare expenditure refers to the financial resources spent on providing medical services, treatments, medications, and preventive care. Several factors, including an aging population, rising chronic disease rates, public health emergencies, and growing demand for healthcare services, are driving the rise in healthcare spending. As healthcare budgets increase, more investment is directed toward preventive treatments for high-risk infants and children. This shift is helping support the growth of the Synagis market by facilitating more funding for medications such as Synagis, which helps prevent serious respiratory illnesses. For instance, in May 2024, the Office for National Statistics in the UK reported a 5.6% increase in healthcare expenditure from 2022 to 2023, compared to a 0.9% growth in the previous year. This growing healthcare expenditure is fueling the expansion of the Synagis market.
A notable trend in the Synagis market is the increasing approval of drugs that offer a much-needed preventive treatment for respiratory syncytial virus (RSV). Drug approval is a regulatory process that ensures a new drug is safe, effective, and of high quality based on clinical trial data. In September 2023, AstraZeneca Pharma India Ltd. received approval from the Central Drugs Standard Control Organisation (CDSCO) to market palivizumab as a preventive therapy for RSV. The product is available as an intramuscular injection in 50 mg/0.5 ml and 100 mg/ml presentations in single-dose vials. Palivizumab is indicated for use in infants born at 35 weeks of gestation or less, as well as for children with bronchopulmonary dysplasia (BPD) or significant congenital heart disease (CHD). This approval is a significant milestone for improving RSV care in India, as it is the first preventive therapy for RSV to be made available in the country.
The key company operating in the synagis market is Swedish Orphan Biovitrum AB.
North America was the largest region in the synagis market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in synagis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the synagis market report are Australia, India, China, South Korea, Japan, UK, France, Germany, USA, Canada.
Synagis (palivizumab) is a medication used to prevent severe lower respiratory tract infections caused by the respiratory syncytial virus (RSV) in high-risk infants and children. It is a monoclonal antibody that functions by binding to the RSV virus, preventing it from entering and infecting cells in the respiratory system.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The primary clinical indications for Synagis include RSV prophylaxis, prevention in premature infants with bronchopulmonary dysplasia (BPD), congenital heart disease (CHD), and immunocompromised infants and children. RSV prophylaxis involves preventive measures, such as administering monoclonal antibodies such as Synagis, to reduce the risk of RSV infections, particularly in infants and young children at high risk. It is available in several formulations, such as 50 milligrams (mg)/0.5 milliliters (ml) and 100 milligrams (mg)/1 milliliter (ml), and is distributed through various channels, including wholesale distributors and online retailers. It is used by a wide range of end users, including pediatric and adult patients.
The synagis market consists of sales of pre-filled, single-dose vials and injectable solutions. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Synagis Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on synagis market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for synagis ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The synagis market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Clinical Indication: Respiratory Syncytial Virus (RSV) Prophylaxis; Premature Infants With Bronchopulmonary Dysplasia (BPD); Congenital Heart Disease (CHD); Immunocompromised Infants And Children2) By Formulation: 50 Milligrams (mg)/0.5 Milliliters (mL); 100 Milligrams (mg)/1 Milliliters (mL)
3) By Distribution Channel: Wholesale Distributors; Online Retailers
4) By End-User: Pediatric; Adults
Key Companies Profiled: Swedish Orphan Biovitrum AB
Countries: Australia, India, China, South Korea, Japan, UK, France, Germany, USA, Canada
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Swedish Orphan Biovitrum AB