Sodium Ferric Gluconate Injection Market
The market for Sodium Ferric Gluconate Injection was estimated at $341 million in 2024; it is anticipated to increase to $591 million by 2030, with projections indicating growth to around $934 million by 2035.
Global Sodium Ferric Gluconate Injection Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Sodium Ferric Gluconate Injection industry revenue is expected to be around $373.5 million in 2025 and expected to showcase growth with 9.6% CAGR between 2025 and 2034. Sodium Ferric Gluconate Injection has gained attention in recent years due to various reasons; one key factor is its ability to help treat iron deficiency anemia in individuals undergoing hemodialysis treatment sessions. The increasing prevalence of kidney diseases worldwide has contributed to the growing demand for this product. Additionally increased awareness regarding the importance of iron supplementation for patients with renal failure and advancements, in technology that improve the effectiveness of these injections have solidified its continued significance in the field of medicine.
Sodium Ferric Gluconate Injection is a component in the field of healthcare as it is an intravenous medication based on iron primarily employed for the treatment and prevention of iron deficiency anemia. Particularly beneficial for individuals undergoing hemodialysis while also receiving additional erythropoietin therapy; this substance plays a crucial role, in renal treatment.
Market Key Insights
- The Sodium Ferric Gluconate Injection market is projected to grow from $340.8 million in 2024 to $852 million in 2034. This represents a CAGR of 9.6%, reflecting rising demand across Iron Deficiency Treatment, Hemodialysis and Nutritional Deficiency Supplementation.
- Sanofi S.A., Sun Pharmaceutical Industries Ltd., Teva Pharmaceutical Industries Ltd. are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Sodium Ferric Gluconate Injection market and are expected to observe the growth CAGR of 7.0% to 10.1% between 2024 and 2030.
- Emerging markets including Brazil, South Korea and UAE are expected to observe highest growth with CAGR ranging between 9.2% to 12.0%.
- Transition like Transforming Iron Deficiency Treatment is expected to add $20 million to the Sodium Ferric Gluconate Injection market growth by 2030.
- The Sodium Ferric Gluconate Injection market is set to add $512 million between 2024 and 2034, with manufacturer targeting Pharmaceuticals & Biotechnology End-Users projected to gain a larger market share.
- With Rising anemia cases globally, and Technological innovations in drug delivery, Sodium Ferric Gluconate Injection market to expand 150% between 2024 and 2034.