World Intravenous (IV) Iron & Oral Iron Market to Cross USD 3 Bn by 2021, Says Beige Market Intelligence in Report Published at MarketPublishers.com23 Feb 2017 • by Natalie Aster
LONDON – The global intravenous (IV) iron and oral iron market is anticipated to increase to the value of USD 3 billion by the year 2021, witnessing growth at a CAGR of about 5%.
Nephrology, gynaecology, oncology, gastroenterology, surgeries and chronic heart failures are the key therapeutic areas, where iron drugs find their application today; strong demand from these applications spurs growth in the overall intravenous (IV) iron and oral iron market.
Other important growth driving factors include increasing diabetic patient pool, escalating incidence of chronic kidney disease (CKD) (provoking the need for dialysis), correction of IDA in pregnancy and prevalence of iron deficiency.
Today, a paradigm shift from oral iron drugs to IV iron drugs is recognized as the major market trend. This shift is encouraged by gastrointestinal side effects associated with oral iron drugs, rising awareness of IDA during pregnancy and correction of IDA in pregnant women as well as increasing interest to healthier lifestyles.
Comprehensive research report “Global Intravenous (IV) Iron and Oral Iron Market – Strategic Assessment and Forecast Till 2021”, elaborated by Beige Market Intelligence offers an in-depth analysis of the global market for intravenous (IV) iron and oral iron drugs. This insightful publication describes the current scenario and top growth prospects, and includes a detailed review of the major opportunities. The report uncovers data on the market size, dynamics, factors spurring and restraining the market growth. Moreover, a deep insight into the situation in different regions is also provided here. It provides a thorough analysis of the market competitive landscape and profiles the key players in the market. Additionally, the report includes Porter’s five forces analysis and offers a comprehensive future outlook up till 2021.
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