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Plasma Derived Therapies Market Status (2017-2021) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2022-2028

Format: PDF | Pages: 330 | Report ID: MRS1179


Report Description

The global Plasma Derived Therapies market size is estimated at USD 30,900.5 million in 2021, expanding at a CAGR 7.2% from 2022-2028 to reach USD 39,961.8 million USD in 2028.

Market Dynamics

Plasma-derived therapeutics are manufactured from human plasma rather than the synthetic or chemical components used to make most drugs. The rising frequency of immune deficiency disorders, autoimmune illnesses, neurological and bleeding illnesses are the primary drivers driving market growth. Along with these considerations, the global increase in the aging populations is a key driver of market expansion, since the old are more vulnerable to neurological illnesses.

Rising elderly population, growing frequency of genetic diseases, government efforts, growing adoption for albumin, expanding use of plasma in medicines, rising use of immunoglobulin, and booming autoimmune illnesses have all contributed to market expansion. Certain problems, such as high costs and rigorous regulations, are projected to confront the sector. To address these problems, the market will see technical developments, increasing supply for health insurance, increased usage of therapeutic protein medicines, and increased acceptance of plasma treatment in neurology.

Regional Insights

Throughout the projected period, North America is projected to lead the total plasma derived therapies market. The rising frequency and prevalence of immunological and neurologic illnesses are driving market expansion. The U.S is likely to be the region's main market. The well-established medical infrastructure-focused market participants on plasma protein therapies R&D, together with recent product releases and the growing burden of autoimmune illnesses, are main growth drivers for the market in the U.S.

The growing senior population in this region expands the patient pool, as the genetic population are more susceptible to neurological illnesses. Furthermore, beneficial government initiatives, consumer awareness levels between many blood donors, the availability of advanced protein fractionation procedures, lower per capita earnings in developed nations, and a rise in the number of collaborative research are some of the drivers anticipated to spur market growth in the region.

Segment Dynamics

Immunoglobulin has a greater market share in 2021. The immunoglobulins market is expected to expand due to increased use in primary health care and neurological applications. Grifols, S.A., a chemical and pharmaceutical business, for example, developed HyperHEP B in June 2021, a novel form of immune globulin derived from human blood for hepatitis B postexposure prophylaxis, moving the market ahead.

There is little known about plasma-derived medicines; nevertheless, the COVID-19 epidemic brought this sort of therapy to prominence and emphasized its potential uses. The primary stakeholders began conducting numerous research activities with the goal of identifying the utilization of plasma-derived therapies to treat COVID-19 infection. For example, in response to the disease outbreak in April 2020, major global players in the plasma-derived pharmaceuticals market, such as LFB, a pharmaceutical company specializing in biological therapeutic goods, formed the CoVIg-19 Plasma Alliance to encourage the growth of a hyperimmune immunoglobulin experimental therapy in the treatment of COVID-19.

Competitive Insights

The market for Plasma Derived Therapies is very competitive, with both domestic and international competitors. Large firms engage in strategic mergers and acquisitions, partnerships, and new product launches to remain competitive. Government efforts to assist the burgeoning renewable business, as well as an increase in mergers and acquisitions, have resulted in strong market competition. Biotest, for example, became Germany's first plasma protein producer to create an experimental hyper immunoglobulin preparation for COVID-19 in February 2021.

The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses the market size and forecast of Plasma Derived Therapies by type, region, and application. In addition, this report introduces the market competition situation among the vendors, and company profile, besides, market price analysis, and value chain features are covered in this report.

Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products etc.):

  • Takeda
  • SK Plasma
  • Shire
  • Octaparma
  • LFB
  • Kedrion
  • Grifols
  • Fusion Healthcare
  • CSL Behring LLC
  • China Biologic Products Holdings Inc.
  • Biotest
  • Bio Products Laboratory (BPL)
  • Bayer
  • Baxter
  • ADMA Biologics Inc.

Product Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Albumin
  • Immunoglobulin
  • Factor VIII
  • Others

Application Coverage (Market Size & Forecast, Main Consumer Analysis etc.):

  • Hemophilia
  • Idiopathic Thrombocytopenic Purpura
  • Primary Immunodeficiencies
  • Other Applications

Region Coverage (Regional Consumption, Demand & Forecast by Countries etc.):

  • North America (U.S., and Canada)
  • Europe (Germany, U.K., France, Italy, Spain etc.)
  • Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
  • South America (Brazil, Mexico, Argentina etc.)
  • Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa etc.)

Frequently Asked Questions

The global Plasma Derived Therapies market size is estimated at USD 30,900.5 million in 2021, expanding at a CAGR 7.2% from 2022-2028 to reach USD 39,961.8 million USD in 2028.
North America captured the highest revenue in 2021 and is projected to continue its dominance during the study period.
The global Plasma Derived Therapies market size is expanding at a CAGR 7.2% from 2022-2028 to reach USD 39,961.8 million USD in 2028.
Asia Pacific (especially China, and India) region is projected to grow at the fastest growth rate during the study period.
The market for Plasma Derived Therapies is very competitive, with both domestic and international competitors. Large firms engage in strategic mergers and acquisitions, partnerships, and new product launches to remain competitive. Government efforts to assist the burgeoning renewable business, as well as an increase in mergers and acquisitions, have resulted in strong market competition. Biotest, for example, became Germany's first plasma protein producer to create an experimental hyper immunoglobulin preparation for COVID-19 in February 2021.

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