Critical Care Therapeutics Market Research Report covers the present scenario and the growth prospects of the Critical Care Therapeutics Industry for 2017-2021. Critical Care Therapeutics Market, has been prepared based on an in-depth market analysis with inputs from industry experts.
The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Critical Care Therapeutics globally.
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The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Critical Care Therapeutics Market:
- CSL Behring
- Kedrion Biopharma
Other Prominent Vendors of Critical Care Therapeutics Market Are:
- Abeona Therapeutics
- ADMA Biologics
- Asklepios BioPharmaceutical
“One trend in market is establishment of plasma fractionation facilities in emerging economies by global players. Plasma fractionation in developed countries is proving very costly, so there has been a growing focus of vendors to tap the emerging economies such as the Middle East, Africa, China, and India. These geographies become a favorite due to the easy availability of skilled personnel, raw materials, cheap labor and land, a larger volume of available plasma due to large population base, and supportive government regulations. However, currently the presence of plasma fractionation facilities is very much limited to China within emerging countries, but in future, the incentives listed above should be driving the vendors to establish more facilities in these regions. For instance, in 2010, Celestial Biologicals, an associate company of Intas Biopharmaceuticals, in collaboration with GE Healthcare started a plasma fractionation facility in India. Going forward, to benefit from the unmet demand in the emerging markets and the incentives of opening such facilities in the region, would drive global players to open number of such facilities in the region.”
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According to the report, one driver in market is increasing surgical procedures. The increasing surgical procedures such as hip and knee replacements will increase the risk of DVT, thereby driving the market growth. Surgeries often result in long periods of immobility, thus increasing the chances of developing DVT due to reduced blood flow. It is reported that over a million Americans undergo joint replacement surgeries every year. Individuals undergoing knee replacement and hip replacement surgeries have an increased likelihood of developing DVT. For instance, according to the CDC 2015 report, around 719,000 knee replacement surgeries and 332,000 hip replacement surgeries are performed in the US every year.
Report also presents Geographical Segmentation analysis of Critical Care Therapeutics Market of Americas, APAC, EMEA region.
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Further, the report states that one challenge in market is high regulations of plasma products. Manufacturers of critical care therapeutics need to follow rigorous and distinct sets of regulatory guidelines like the adherence to current good manufacturing practices (cGMP) during the donation and processing of the plasma products. These guidelines are applied both for the collection of plasma from donors and during the fractionation of plasma-derived products along with the manufacture and production of the final product. Various regulatory bodies like the WHO; European Commission Directorate-General for Health and Consumers (DG SANCO), EMA, EDQM, and NCAs in the EU; HHS, US FDA, and the CDC, in the US; and Anvisa and COFEPRIS in ROW regulate these processes. Also, the approval process for plasma products is very long. For instance, in China, the plasma products have to go through 10 different stages, which takes a minimum of 22-28 months to receive approval for commercialization in the market by the CFDA. Since the plasma collection and manufacturing units are required to follow these guidelines, which requires high cost and efficiency, many of the new players are unable to enter the market, thus hindering the market growth.
Key questions answered in Critical Care Therapeutics market report:
- What will the Critical Care Therapeutics market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving Critical Care Therapeutics market?
- What are the challenges to Critical Care Therapeutics market growth?
- Who are the key vendors in Critical Care Therapeutics market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
No of Pages: 101
Price of Report: $ 3500 (Single User License)
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