Market Industry Reports (MIR) has published a new report titled “Plasma Fractionation Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global plasma fractionation market is estimated to be over US$ 25 billion in 2019. It is anticipated to grow at a CAGR of ~6.0% from 2019 to 2030.
Plasma fractionalization is the use of biotechnology to produce numerous protein therapeutics that help treat different human disorders. Plasma products comprise multiple coagulation factors, polyvalent and hyperimmune, immunoglobulins, protease inhibitors, anticoagulants, and albumin. Combination of these products in plasma fractionalization play an important role in curing several disorders including chronic illnesses, rare disorders, immune deficiency diseases, and few neurological disorders. These products are essentially obtained from the human plasma and are ideally amalgamated with industrial process to make it of superior quality, optimal safety, and faster recovery.
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Top Key Players:
Some prominent players in the plasma fractionation market include Octapharma AG, CSL Ltd., China Biologics Products Holdings, Inc., Baxter International Inc., Kendrion, Biotest, Shanghai RAAS blood products Co., Ltd., GRIFOLs, Takeda Biopharmaceuticals, and Bio Products Laboratory, among others.
Technological Growth:
The plasma fractionation market is driven by factors such as an increasing number of hemophilic patients, increasing prevalence of auto-immune disorders, increasing prevalence of respiratory disorders, and rising generic population, among others. The market is majorly driven by plasma-derived proteins having several therapeutic applications. Few of the application of plasma-derived proteins are- utilization as biomarkers in the diagnosis of diseases, treatment of acute liver failure maintenance of blood volume after a traumatic injury during surgery, and treatment of immunological disorders.
One of the recent developments in plasma fractionalization is known as Plasma Protein Purification System (PPPS). It uses affinity chromatography that sequences protein purification of the entire plasma with the help of mimetic ligands. Another development in the domain is known as Plasma Cap that uses the EBA (Expanded Bed Absorption) theory. The high-density chromatographic absorbents effectively purify the whole plasma.
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Most important types of plasma fractionalization products covered in this report are:
Coagulation Factor Concentrates,
Immunoglobulin,
Protease Inhibitors and Albumin
Most widely used Applications of plasma fractionalization market covered in this report are:
Immunology,
Neurology,
Critical Care,
Hematology and Pulmonary
Regional Analysis:
North America dominated the global plasma fractionation market followed by Europe in 2018, owing to rising prevalence of autoimmune disorders, respiratory & neurological disorders, growing generic population, and increasing number of hemophilic patients and growing range of therapeutic application of plasma-derived proteins. Asia-Pacific is expected to witness the highest CAGR during the forecast period owing to rising number of hemophilic patients among developing countries, increasing prevalence of autoimmune disorders, and increasing generic population in this region.
The Research Provides Answers To The Following Key Questions:
-How are the manufacturers operating in the Plasma Fractionation Market plan to adjust their production according to the status of demand during the forecast period, 2019 to 2030?
-How are prominent leaders planning to secure economies in the distribution of their products?
-What are the defects in the existing products and what corrective measures should the product owners take to improve the product?
-How can companies explore new uses for their existing and new products or services, and thereby increasing the demands in the Plasma Fractionation Market?
-What will be the market share over the estimated period?
-What are the general conditions prevailing in the Plasma Fractionation Market?
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