Intravenous Iron Drugs Market - Global Industry Analysis and Forecast (2025-2032) by Indication, Distribution Channel, and Region
Intravenous Iron Drugs Market size was valued at US$ 3.02 Billion in 2024 and the Intravenous Iron Drugs revenue is expected to grow at 8.5% through 2025 to 2032, reaching nearly US$ 5.81 Billion.
Format : PDF | Report ID : SMR_360
Intravenous Iron Drugs Market Definition & Overview:
Iron is a vital element that is involved in biological activities such as heme synthesis, energy metabolism, neurotransmitter creation, myoglobin development, collagen formation, and immune system function, among others. Iron deficiency is one of the leading causes of iron deficiency anemia (IDA), which is linked to an increased risk of morbidity and death. According to a survey done by the Vitamin and Mineral Nutrition Information System, iron deficiency is responsible for roughly 30% of anemia in women and children in developing countries.
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Intravenous Iron Drugs Market Dynamics:
The intravenous iron drugs market is expected to grow faster as the number of clinical studies increases and patients' responses to intravenous ferrous medicines improve. Besides that, the rising prevalence of cancer, chronic renal disease, and inflammatory bowel disease, together with the main players' increased investments in product development activities, may result in a favourable market rise over the forecast period. Additionally, dialysis clinics are gaining traction in the IV iron drug market, since they represent a sizable client base for intravenous iron treatments. These dialysis clinics also provide iron doses and attract patients looking for dependable and safe IV iron medication.
However, the intravenous iron drugs market's growth is hampered by strict regulations and negative effects associated with IV iron products. The FDA and the European Medicines Agency, for example, establish strict guidelines for the approval and use of IV iron medicines. These licensing processes are complicated and time-consuming, with each new medicine having to meet tight criteria. Also, some of the most common adverse effects of IV iron medications are nausea, muscular cramps, vomiting, constipation, joint pain, headache, back pain, and cough.
Intravenous Iron Drugs Market Segment Analysis:
By Product, The Ferric carboxymaltose (FCM) segment dominated the intravenous iron drugs market for intravenous iron medicines in 2024, with a 46.9 percent revenue share, and is expected to maintain its dominance throughout the forecast period due to its expanding use, improved performance, and lower cost. It is a parenteral iron medication devoid of dextran that is suggested for the quick and high-dose replacement of depleted iron reserves. This medicine is a stable compound with the benefit of not containing any extraneous ingredients and having a very low immunogenic potential; hence, it poses a very low risk of anaphylactic responses. Its advantageous features allow for quick infusion without the need for a test dosage. As a result, it eliminates the need for several little dosages and extensive infusion durations.
By Application, in 2024, the chronic renal disease segment dominated the intravenous iron drugs market for intravenous iron medicines, accounting for 30.8 percent of total revenue. The rising frequency of CKD and the high incidence of IDA among CKD patients are to blame for its large market share. In individuals with CKD, IDA is a prevalent complication. It is uncommon in the early stages of renal illness, although it does occur as the disease progresses and kidney function declines. Anemia is caused by a decrease in the amount of Red Blood Cells (RBCs) in CKD patients. As the number of people with CKD rises, so does the number of those who have IDA.
Intravenous Iron Drugs Market Regional Insights:
Due to increased approvals and the introduction of new intravenous medications in the United States, North America dominated the intravenous iron drugs market in 2024, with the biggest revenue share of 39.9%. The rising frequency of cancer, chronic renal disease, and gastrointestinal illnesses in the region has also contributed to its dominance. Increased awareness of women's health and an increase in the frequency of celiac disease are two key reasons propelling the market in the region. The United States and Canada are among the nations included in the area. In 2020, the United States dominated the intravenous iron medication market in the region. In the United States, the market for intravenous (IV) iron drugs is expected to reach US$458.8 million by 2020.
During the forecast period, the intravenous iron drugs market in the Asia Pacific is expected to grow at the quickest rate. This may be ascribed to prominent players' geographic growth in Asia Pacific nations, as well as the development of healthcare infrastructure and government efforts. Furthermore, the growing frequency of IDA in rising economies like China and India has aided market growth. China, the world's second-biggest economy, is expected to reach a forecast market size of US$ 1255.41 million by 2032, representing a 9.5 percent CAGR from 2025 to 2032.
In 2024, Europe had the second-largest revenue share in the market for intravenous iron medicines, and it is expected to increase rapidly throughout the forecast period. This is due to the presence of key market participants on the ground, the increased research, and commercialization of new medications, the adoption of newer products, and the rising cancer incidence in the region. Germany is expected to expand at a CAGR of around 3.8 percent in Europe.
The objective of the report is to present a comprehensive analysis of the Intravenous Iron Drugs Market to the stakeholders in the industry. The report provides trends that are most dominant in the Intravenous Iron Drugs Market and how these trends will influence new Business investments and market development throughout the forecast period. The report also aids in the comprehension of the market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.
The qualitative and quantitative data provided in the Intravenous Iron Drugs Market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Intravenous Iron Drugs Market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the market.
The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals are existing, who they are, and how their product quality is in the Market. The report also analyses if the Intravenous Iron Drugs Market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly if the market is dominated by a few players, etc.
Intravenous Iron Drugs Market Scope:
Intravenous Iron Drugs Market |
|
Market Size in 2024 |
USD 2.79 Bn. |
Market Size in 2032 |
USD 4.95 Bn. |
CAGR (2025-2032) |
8.5% |
Historic Data |
2019-2024 |
Base Year |
2024 |
Forecast Period |
2025-2032 |
Segment Scope |
by Product
|
By Application
|
|
Regional Scope |
North America- United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America |
Intravenous Iron Drugs Market Players:
- Allergan Plc. (Ireland)
- AMAG Pharmaceuticals, Inc. (USA)
- Daiichi Sankyo, Inc. (USA)
- Luitpold Pharmaceuticals, Inc. (USA)
- American Regent, Inc. (USA)
- Pharmacosmos A/S (Denmark)
- Sanofi US (USA)
- Vifor Pharma Ltd. (Switzerland)
- Vifor Fresenius Medical Care Renal Pharma (Switzerland)
Frequently Asked Questions
The market is expected to grow faster as the number of clinical studies increases and patients' responses to intravenous ferrous medicines improve.
North America dominated the intravenous iron drugs market in 2024, with the biggest revenue share of 39.9%.
The rising frequency of cancer, chronic renal disease, and gastrointestinal illnesses in the region has also contributed to its dominance.
Allergan Plc. (Ireland), AMAG Pharmaceuticals, Inc. (USA), Daiichi Sankyo, Inc. (USA), Luitpold Pharmaceuticals, Inc. (USA), American Regent, Inc. (USA), and Pharmacosmos A/S (Denmark).
1. Research Methodology
1.1 Research Data
1.1.1. Primary Data
1.1.2. Secondary Data
1.2. Market Size Estimation
1.2.1. Bottom-Up Approach
1.2.2. Top-Up Approach
1.3. Market Breakdown and Data Triangulation
1.4. Research Assumption
2. Intravenous Iron Drugs Market Executive Summary
2.1. Market Overview
2.2. Market Size (2024) and Forecast (2025– 2032) and Y-O-Y%
2.3. Market Size (USD) and Market Share (%) – By Segments and Regions
3. Global Intravenous Iron Drugs Market: Competitive Landscape
3.1. SMR Competition Matrix
3.2. Key Players Benchmarking
3.2.1. Company Name
3.2.2. Headquarter
3.2.3. Product Segment
3.2.4. Total Production (2024)
3.2.5. End-user Segment
3.2.6. Y-O-Y%
3.2.7. Revenue (2023)
3.2.8. Market Share
3.2.9. Company Locations
3.3. Market Structure
3.3.1. Market Leaders
3.3.2. Market Followers
3.3.3. Emerging Players
3.4. Consolidation of the Market
3.4.1. Strategic Initiatives and Developments
3.4.2. Mergers and Acquisitions
3.4.3. Collaborations and Partnerships
4. Intravenous Iron Drugs Market: Dynamics
4.1. Intravenous Iron Drugs Market Trends by Region
4.1.1. North America
4.1.2. Europe
4.1.3. Asia Pacific
4.1.4. Middle East and Africa
4.1.5. South America
4.2. Intravenous Iron Drugs Market Drivers
4.3. Intravenous Iron Drugs Market Restraints
4.4. Intravenous Iron Drugs Market Opportunities
4.5. Intravenous Iron Drugs Market Challenges
4.6. PORTER’s Five Forces Analysis
4.6.1. Intensity of the Rivalry
4.6.2. Threat of New Entrants
4.6.3. Bargaining Power of Suppliers
4.6.4. Bargaining Power of Buyers
4.6.5. Threat of Substitutes
4.7. PESTLE Analysis
4.7.1. Political Factors
4.7.2. Economic Factors
4.7.3. Social Factors
4.7.4. Legal Factors
4.7.5. Environmental Factors
4.8. Technological Roadmap
4.9. Value Chain Analysis
4.10. Regulatory Landscape
4.10.1. Market Regulation by Region
4.10.1.1. North America
4.10.1.2. Europe
4.10.1.3. Asia Pacific
4.10.1.4. Middle East and Africa
4.10.1.5. South America
4.10.2. Impact of Regulations on Market Dynamics
4.10.3. Government Schemes and Initiatives
5. Intravenous Iron Drugs Market: Global Market Size and Forecast by Segmentation (by Value in USD Million) (2024-2032)
5.1. Intravenous Iron Drugs Market Size and Forecast, by Product (2024-2032)
5.1.1. Iron Dextran
5.1.2. Iron Sucrose
5.1.3. Ferric carboxymaltose
5.1.4. Others
5.2. Intravenous Iron Drugs Market Size and Forecast, by Application (2024-2032)
5.2.1. Chronic Kidney Disease
5.2.2. Inflammatory Bowel Disease
5.2.3. Cancer
5.2.4. Others
5.3. Intravenous Iron Drugs Market Size and Forecast, by Region (2024-2032)
5.3.1. North America
5.3.2. Europe
5.3.3. Asia Pacific
5.3.4. Middle East and Africa
5.3.5. South America
6. North America Intravenous Iron Drugs Market Size and Forecast by Segmentation (by Value in USD Million) (2024-2032)
6.1. North America Intravenous Iron Drugs Market Size and Forecast, by Product (2024-2032)
6.1.1. Iron Dextran
6.1.2. Iron Sucrose
6.1.3. Ferric carboxymaltose
6.1.4. Others
6.2. North America Intravenous Iron Drugs Market Size and Forecast, by Application (2024-2032)
6.2.1. Chronic Kidney Disease
6.2.2. Inflammatory Bowel Disease
6.2.3. Cancer
6.2.4. Others
6.3. North America Intravenous Iron Drugs Market Size and Forecast, by Country (2024-2032)
6.3.1. United States
6.3.2. Canada
6.3.3. Mexico
7. Europe Intravenous Iron Drugs Market Size and Forecast by Segmentation (by Value in USD Million) (2024-2032)
7.1. Europe Intravenous Iron Drugs Market Size and Forecast, by Product (2024-2032)
7.2. Europe Intravenous Iron Drugs Market Size and Forecast, by Application (2024-2032)
7.3. Europe Intravenous Iron Drugs Market Size and Forecast, by Country (2024-2032)
7.3.1. United Kingdom
7.3.2. France
7.3.3. Germany
7.3.4. Italy
7.3.5. Spain
7.3.6. Sweden
7.3.7. Austria
7.3.8. Rest of Europe
8. Asia Pacific Intravenous Iron Drugs Market Size and Forecast by Segmentation (by Value in USD Million) (2024-2032)
8.1. Asia Pacific Intravenous Iron Drugs Market Size and Forecast, by Product (2024-2032)
8.2. Asia Pacific Intravenous Iron Drugs Market Size and Forecast, by Application (2024-2032)
8.3. Asia Pacific Intravenous Iron Drugs Market Size and Forecast, by Country (2024-2032)
8.3.1. China
8.3.2. S Korea
8.3.3. Japan
8.3.4. India
8.3.5. Australia
8.3.6. Indonesia
8.3.7. Malaysia
8.3.8. Vietnam
8.3.9. Taiwan
8.3.10. Rest of Asia Pacific
9. Middle East and Africa Intravenous Iron Drugs Market Size and Forecast by Segmentation (by Value in USD Million) (2024-2032)
9.1. Middle East and Africa Intravenous Iron Drugs Market Size and Forecast, by Product (2024-2032)
9.2. Middle East and Africa Intravenous Iron Drugs Market Size and Forecast, by Application (2024-2032)
9.3. Middle East and Africa Intravenous Iron Drugs Market Size and Forecast, by Country (2024-2032)
9.3.1. South Africa
9.3.2. GCC
9.3.3. Nigeria
9.3.4. Rest of ME&A
10. South America Intravenous Iron Drugs Market Size and Forecast by Segmentation (by Value in USD Million) (2024-2032)
10.1. South America Intravenous Iron Drugs Market Size and Forecast, by Product (2024-2032)
10.2. South America Intravenous Iron Drugs Market Size and Forecast, by Application (2024-2032)
10.3. South America Intravenous Iron Drugs Market Size and Forecast, by Country (2024-2032)
10.3.1. Brazil
10.3.2. Argentina
10.3.3. Rest Of South America
11. Company Profile: Key Players
11.1. Allergan Plc. (Ireland)
11.1.1. Company Overview
11.1.2. Business Portfolio
11.1.2.1. Product Name
11.1.2.2. Product Details (Price, Features, etc)
11.1.3. Financial Overview
11.1.3.1. Total Revenue
11.1.3.2. Segment Revenue
11.1.3.3. Regional Revenue
11.1.4. SWOT Analysis
11.1.5. Strategic Analysis
11.1.6. Recent Developments
11.2. AMAG Pharmaceuticals, Inc. (USA)
11.3. Daiichi Sankyo, Inc. (USA)
11.4. Luitpold Pharmaceuticals, Inc. (USA)
11.5. American Regent, Inc. (USA)
11.6. Pharmacosmos A/S (Denmark)
11.7. Sanofi US (USA)
11.8. Vifor Pharma Ltd. (Switzerland)
11.9. Vifor Fresenius Medical Care Renal Pharma (Switzerland)
12. Key Findings
13. Analyst Recommendations
13.1. Strategic Recommendations
13.2. Future Outlook