The market for IV ibuprofen for pain management is in its nascent stage. The world IV ibuprofen market was valued at $3.6 million in 2015, and is projected to reach $14.2 million by 2022, registering a CAGR of 20% during the forecast period. Advantages associated with IV ibuprofen such as rapid result and targeted drug delivery have resulted in the growth of this market. In 2015, FDA approved IV ibuprofen for pediatric use, due to which the market is expected to register a significant growth during the forecast period. Other factors that affect the market growth significantly include increasing incidence of cancer, cardiovascular ailments, pain, headache, toothache, back pain, arthritis, trauma, and shifting trend towards the use of non-opioids drugs. Factors that would hamper the market growth include side effects associated with IV ibuprofen and lengthy approval process.
The world IV Ibuprofen market is segmented on the basis of indication, age group, and country. By indication, further sub-segments considered in this report include pain/inflammation and fever. The age groups considered are pediatrics and adults. The market is segmented into four countries namely Australia, Canada, South Korea, and the U.S.
Currently, Cumberland Pharmaceuticals Inc., is the only IV ibuprofen manufacturer in the market. The company has collaborated with the local/regional drug manufacturers to target new countries by getting product approvals. The key companies profiled in this report are Cumberland Pharmaceuticals Inc., Alveda Pharmaceuticals, Inc. (acquired by Teligent, Inc.), CSL Limited, Sandor Medicaids Pvt Ltd., PT. Soho Industri Pharmasi, Germin MED, Grifols S.A., Harbin Gloria Pharmaceuticals Co., Ltd., Al Nabeel International Ltd., and Laboratorios Valmorca, C.A.
1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models
Chapter: 2 EXECUTIVE SUMMARY
2.1 CXO perspective
2.2 Market beyond: what to expect by 2027
2.2.1 Moderate scenario
2.2.2 Rapid growth scenario
2.2.3 Diminishing growth scenario
Chapter: 3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key findings
3.2.1 Top investment pockets
3.2.2 Top winning strategies
3.3 Porters five forces analysis
3.4 Government regulations
3.5 Research & Analysis
3.5.1 Clinical trials
3.6 Market dynamics
Chapter: 4 WORLD ANALGESICS MARKET, BY AGE GROUP, 2015-2022
4.1.1 Market size and forecast
4.2.1 Market size and forecast
Chapter: 5 WORLD ANALGESICS MARKET, BY INDICATION, 2015-2022
5.1.1 Market size and forecast
5.2.1 Market size and forecast
Chapter: 6 WORLD ANALGESICS MARKET, BY COUNTRY, 2015-2022
6.1 Market size and forecast for IV ibuprofen
6.2 United States
6.2.1 Key market trends
6.2.2 Key growth factors and opportunities
6.2.3 Market size and forecast for actual IV ibuprofen
6.3.1 Key market trends
6.3.2 Key growth factors and opportunities
6.3.3 Market size and forecast for actual IV ibuprofen
6.4.1 Key market trends
6.4.2 Key growth factors and opportunities
6.4.3 Market size and forecast for actual IV ibuprofen
6.5 South Korea
6.5.1 Key market trends
6.5.2 Key growth factors and opportunities
6.5.3 Market size and forecast for actual IV ibuprofen
Chapter: 7 COMPANY PROFILES
7.1 Cumberland Pharmaceuticals Inc.
7.1.1 Company overview
7.1.2 Company snapshot
7.1.3 Operating business segments
7.1.4 Business performance
7.1.5 Key strategic moves and developments
7.1.6 SWOT analysis
7.2 Alveda Pharmaceuticals, Inc. (Acquired by Teligent, Inc.)
7.2.1 Company overview
7.2.2 Company snapshot
7.2.3 Operating business segments
7.2.4 Business performance
7.2.5 Key strategic moves and developments
7.2.6 SWOT analysis
7.3 CSL Limited
7.3.1 Company overview
7.3.2 Company snapshot
7.3.3 Operating business segments
7.3.4 Business performance
7.3.5 Key strategic moves and developments
7.3.6 SWOT analysis
7.4 Sandor Medicaids Pvt Ltd.
7.4.1 Company overview
7.4.2 Company snapshot
7.4.3 Operating business segments
7.4.4 Business performance
7.4.5 Key strategic moves and developments
7.4.6 SWOT analysis
7.5 PT. Soho Industri Pharmasi
7.5.1 Company overview
7.5.2 Company snapshot
7.5.3 Operating business segments
7.5.4 Business performance
7.5.5 Key strategic moves and developments
7.5.6 SWOT analysis
7.6 Germin MED
7.6.1 Company overview
7.6.2 Company snapshot
7.6.3 Operating business segments
7.6.4 Business performance
7.6.5 Key strategic moves and developments
7.6.6 SWOT analysis
7.7 Grifols S.A.
7.7.1 Company overview
7.7.2 Company snapshot
7.7.3 Operating business segments
7.7.4 Business performance
7.7.5 Key strategic moves and developments
7.7.6 SWOT analysis
7.8 Harbin Gloria Pharmaceuticals Co., Ltd.
7.8.1 Company overview
7.8.2 Company snapshot
7.8.3 Operating business segments
7.8.4 Business performance
7.8.5 Key strategic moves and developments
7.8.6 SWOT analysis
7.9 Al Nabeel International Ltd.
7.9.1 Company overview
7.9.2 Company snapshot
7.9.3 Operating business segments
7.9.4 Business performance
7.9.5 Key strategic moves and developments
7.9.6 SWOT analysis
7.10 Laboratorios Valmorca, C.A.
7.10.1 Company overview
7.10.2 Company snapshot
7.10.3 Operating business segments
7.10.4 Business performance
7.10.5 Key strategic moves and developments
List of Tables
Table 1 World IV Ibuprofen Market, Moderate Scenario, By Country, 2022-2027 ($Million)
Table 2 World IV Ibuprofen Market, Rapid Growth Scenario, By Country, 2022-2027 ($Million)
Table 3 World IV Ibuprofen Market, Diminishing Growth Scenario, By Country, 2022-2027 ($Million)
Table 4 Clinical Trials - Analgesics
Table 5 Global Incidences Of Diseases
Table 6 World IV Ibuprofen Market By Age Group, 2015-2022 ($Million)
Table 7 World Paediatric IV Ibuprofen Market, By Geography, 2015-2022 ($Million)
Table 8 World Adult IV Ibuprofen Market, By Geography, 2015-2022 ($Million)
Table 9 World Pain IV Ibuprofen Market, By Geography, 2015-2022 ($Million)
Table 10 World Fever IV Ibuprofen Market, By Geography, 2015-2022 ($Million)
Table 11 World IV Ibuprofen Market, By Country, 2015-2022 ($Million)
Table 12 United States: Actual IV Ibuprofen Market, 2015-2022 ($Million)
Table 13 Canada: Actual IV Ibuprofen Market, 2015-2022 ($Million)
Table 14 Australia: Actual IV Ibuprofen Market, 2015-2022 ($Million)
Table 15 South Korea: Actual IV Ibuprofen Market, 2015-2022 ($Million)
Table 16 Company Snapshot Of Cumberland Pharmaceuticals
Table 17 Cumberland Pharmaceuticals Operating Segments
Table 18 Company Snapshot Of Alveda Pharmaceuticals, Inc.
Table 19 Alveda Pharmaceuticals, Inc. Operating Segments
Table 20 Company Snapshot Of Csl Limited
Table 21 Csl Limited Operating Segments
Table 22 Company Snapshot Of Sandor Medicaids Pvt Ltd.
Table 23 Sandor Medicaids Pvt Ltd. Operating Segments
Table 24 Company Snapshot Of Pt. Soho Industri Pharmasi
Table 25 Pt. Soho Industri Pharmasi Operating Segments
Table 26 Company Snapshot Of Germinmed
Table 27 Germinmed Operating Segments
Table 28 Company Snapshot Of Grifols S.A.
Table 29 Grifols S.A. Operating Segments
Table 30 Company Snapshot Of Harbin Gloria Pharmaceuticals Co., Ltd.
Table 31 Company Snapshot Of Al Nabeel International Ltd.
Table 32 Al Nabeel International Ltd. Operating Segments
Table 33 Company Snapshot Of Laboratorios Valmorca
Table 34 Laboratorios Valmorca Operating Segments
List of Figures
Fig. 1 Top Impacting Factors, Moderate Scenario (2022-2027)
Fig. 2 Top Impacting Factors, Rapid Growth Scenario (2022-2027)
Fig. 3 Top Impacting Factors, Diminishing Growth Scenario (2022-2027)
Fig. 4 Top Investment Pockets Of IV Ibuprofen Market By Country, 2015-2022
Fig. 5 Top Winning Strategies
Fig. 6 IV Ibuprofen Market Share Analysis, 2014
Fig. 7 Top Factors Impacting World IV Ibuprofen Market, 2015-2022
Fig. 8 Revenue Generated By Cumberland Pharmaceuticals (2012-2014)
Fig. 9 Cumberland Pharmaceuticals, %Revenue, By Product, (2014)
Fig. 10 Swot Analysis Of Cumberland Pharmaceuticals
Fig. 11 Revenue Generated By CSL Limited (2013-2015)
Fig. 12 CSL Limited, %Revenue, By Business Segments, (2014)
Fig. 13 CSL Limited, % Revenue, By Geography (2014)
Fig. 14 Swot Analysis Of CSL Limited
Fig. 15 Revenue Generated By Grifols S.A. (2012-2014)
Fig. 16 Grifols S.A., %Revenue, By Business Segments, (2014)
Fig. 17 Grifols S.A., % Revenue, By Geography (2014)
Fig. 18 Swot Analysis Of Grifols S.A.
Hypogammaglobulinemia, Chronic Inflammatory Demyelinating Polyneuropathy (CIDP), immunodeficiency are the most prominent disease classes, collectively contributing about 53% of the global IVIG market revenue in 2014. Myasthenia Gravis would be the fastest growing segment with a double digit growth during the forecast period, due to the increasing adoption of IVIG as first line treatment.
Intravenous immunoglobulin (IVIG) is the parenteral preparation of purified immunoglobulin derived from large pools of human plasma containing antibodies against a broad spectrum of bacterial and viral agents. The IVIG demand has been growing on account of increased usage in primary immunodeficiency and application in newer indications. The emerging concept of hyper-immune globulin is likely to increase the efficacy of IVIG treatments by providing passive immunity to patients against disease causing agents. The author estimates that about 130 tons of IVIG was issued in 2014 and is expected to reach 215 tons by 2021.
On contrary, the side effects associated with the use of IVIG infusion would restrict the market growth to an extent. Moreover, current high cost of IVGI treatment may trigger a shift towards cost effective corticosteroids treatment, restraining the IVIG market growth. However, improved production and purification techniques along with the improved plasma yield would help to overcome cost constraints; eventually supplementing the growth of IVIG market. Furthermore, anticipated approval for Alzheimer's and Multiple Sclerosis provides growth opportunity for the IVIG market.
Key finding of the study:
- Chronic inflammatory demyelinating polyneuropathy (CIDP) and the hypogammaglobulinemia are the leading application for IVIG, collectively contributing about 2/5thof the market revenue
- Congenital AIDS is projected to be one of the fastest-growing application segments at a CAGR 9.3% during the forecast period
- North America will remain the leading region throughout the forecast period, 2015-2021, closely followed by the Asia-Pacific
- Europe is projected to be the fastest growing IVIG market during 2015-2021
Geographically, North America and Asia-Pacific constitute the two largest markets for IVIG, collectively accounted for ~75% of the market revenue in 2014. Higher adoption rates, large patient population, and the presence of largest plasma collection & manufacturing base are the key factors responsible for the growth of IVIG market in these regions. However, the market growth outlook across developing economies is also looking strong, owing to increasing awareness towards immunodeficiency and rare autoimmune diseases, favorable reimbursement initiatives and improved healthcare expenditure.
Grifols S.A., CSL Behring, and Baxter International are identified as top three market players in 2014. Other key IVIG manufacturing companies profiled in the report Baxter international Inc., CSL Behring, Grifols S.A, Octapharma Ag, Kedrion Pharma, LFB group, Biotest AG, china Biologics products Ltd, Bayer Healthcare, and others.
- Alveda Pharmaceuticals Inc. (Acquired by Teligent Inc.)
- CSL Limited
- Cumberland Pharmaceuticals Inc
- Germin MED
- Grifols S.A.
- Harbin Gloria Pharmaceuticals Co. Ltd.
- Laboratorios Valmorca C.A
- Sandor Medicaids Pvt Ltd.
- Soho Industri Pharmasi
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.