Immunoglobulin Market is estimated to be US$ 16.61 billion by 2030 with a CAGR of 6.1% during the fo

Nehashaikh25 Apr, 2022Business

The Global Immunoglobulin Market accounted for US$ 9.23 billion in 2020 and is estimated to be US$ 16.61 billion by 2030 and is anticipated to register a CAGR of 6.1%. Immunoglobulins are also known as antibodies, which are glycoprotein molecules produced by plasma cells. Immunoglobulin acts as critical part of immune response by specifically recognizing and binding to particular antigens, such as bacteria or viruses. Different classes of immunoglobulin include IgG, IgA, and IgM. Various immunological and neurological diseases can be treated by using these classes of immunoglobulin. This immunoglobulin?s can be administered intravenously and subcutaneously. The increasing application of immunoglobulin is gaining significant traction among pharmaceutical and biopharmaceutical companies for research and development.