Australia Intravenous Iron Drugs Market Size & Outlook
Australia intravenous iron drugs market, 2018-2030 (US$M)
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Australia intravenous iron drugs market highlights
- The Australia intravenous iron drugs market generated a revenue of USD 31.3 million in 2023 and is expected to reach USD 65.2 million by 2030.
- The Australia market is expected to grow at a CAGR of 11.1% from 2024 to 2030.
- In terms of segment, ferric carboxymaltose was the largest revenue generating product in 2023.
- Iron Sucrose is the most lucrative product segment registering the fastest growth during the forecast period.
Intravenous iron drugs market data book summary
| Market revenue in 2023 | USD 31.3 million |
| Market revenue in 2030 | USD 65.2 million |
| Growth rate | 11.1% (CAGR from 2023 to 2030) |
| Largest segment | Ferric carboxymaltose |
| Fastest growing segment | Iron Sucrose |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Iron Dextran, Iron Sucrose, Ferric Carboxymaltose |
| Key market players worldwide | AbbVie Inc, Civitas Resources Inc Ordinary Shares, Daiichi Sankyo Co Ltd, Sanofi SA, CSL Ltd, COSMOS Pharmaceutical Corp, Zydus Lifesciences, Rockwell Medical Inc |
Other key industry trends
- In terms of revenue, Australia accounted for 1.0% of the global intravenous iron drugs market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan intravenous iron drugs market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 151.2 million by 2030.
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Intravenous Iron Drugs Market Scope
Intravenous Iron Drugs Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia intravenous iron drugs market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to intravenous iron drugs market will help companies and investors design strategic landscapes.
Ferric carboxymaltose was the largest segment with a revenue share of 46.01% in 2023. Horizon Databook has segmented the Australia intravenous iron drugs market based on iron dextran, iron sucrose, ferric carboxymaltose covering the revenue growth of each sub-segment from 2018 to 2030.
Increase in prevalence of diabetes in the country is expected to positively impact market growth in the near future. According to the Australian Institute of Health and Welfare, over 1 million individuals in Australia were diagnosed with diabetes in 2018. The same source mentioned that diabetes was observed at a higher percentage in men than in women.
In addition, a greater prevalence was observed in major cities (4.8%) and in remote & outer regional areas (6%). Anemia in patients diagnosed with diabetes has a negative effect on their quality of life. It is associated with disease progression as well as the development of comorbidities such as obesity & dyslipidemia, which significantly contribute to a greater risk of developing cardiovascular disease.
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Our clientele includes a mix of intravenous iron drugs market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia intravenous iron drugs market , including forecasts for subscribers. This country databook contains high-level insights into Australia intravenous iron drugs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia intravenous iron drugs market size, by product, 2018-2030 (US$M)
Australia Intravenous Iron Drugs Market Outlook Share, 2023 & 2030 (US$M)
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