Europe Intravenous Iron Drugs Market Size & Outlook
Europe intravenous iron drugs market, 2018-2030 (US$M)
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Europe intravenous iron drugs market highlights
- The Europe intravenous iron drugs market generated a revenue of USD 1,029.0 million in 2023.
- The market is expected to grow at a CAGR of 8.7% from 2024 to 2030.
- In terms of segment, ferric carboxymaltose was the largest revenue generating product in 2023.
- Ferric Carboxymaltose is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,029.0 million |
| Market revenue in 2030 | USD 1,841.4 million |
| Growth rate | 8.7% (CAGR from 2023 to 2030) |
| Largest segment | Ferric carboxymaltose |
| Fastest growing segment | Ferric Carboxymaltose |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 34.0% of the global intravenous iron drugs market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 819.2 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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Europe 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 59.84% in 2023. Horizon Databook has segmented the Europe intravenous iron drugs market based on iron dextran, iron sucrose, ferric carboxymaltose covering the revenue growth of each sub-segment from 2018 to 2030.
Europe held the second-largest share in the IV iron drugs market in 2022 and is anticipated to witness significant growth during the forecast period. This can be attributed to the local presence of major market players, increasing development & commercialization of new drugs, adoption of novel products, and increasing incidence of cancer in the region.
According to an article in the European Society for Medical Oncology, 1 269 200 people died from cancer in Europe in 2022. Age-standardized rates worldwide have decreased by 6% since 2017 to 126.9 deaths per 100,000 males and 4% to 80.2/100,000 women.
Growth is likely to be driven primarily by the increasing CKD, anemia, and diabetes, among others. Within Europe, the highest incidence and prevalence of IBD is found in Scandinavia and the UK, while the diseases remain rare in Eastern Europe.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe intravenous iron drugs market , including forecasts for subscribers. This continent databook contains high-level insights into Europe intravenous iron drugs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe intravenous iron drugs market size, by country, 2018-2030 (US$M)
Europe Intravenous Iron Drugs Market Outlook Share, 2023 & 2030 (US$M)
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