Plasma Fractionation Market Projected to Reach US$ 65 Billion by 2032, With 7.3% CAGR | Fact.MR
The plasma fractionation market is projected to be valued US$ 32 billion in 2022. Moreover, growth is anticipated to pick up speed at a 7.3% CAGR over the assessment period of 2022-2032 and reach US$ 65 billion. The primary driver of the market's growth is the aging of the global population, which makes people more vulnerable to rare illnesses that call for the usage of blood derivatives.Furthermore, it is anticipated that the growing global use of alpha-1-antitrypsin and immunoglobulins in a number of medical specialties would promote market growth. Another important element driving the growth of this market is the expansion of blood collection facilities worldwide. The primary factors anticipated to propel the global plasma fractionation market are the rise in innovation expenditure, the demand for plasma proteins, and the prevalence of rare diseases worldwide. The plasma fractionation industry has been making investments in the study and creation of innovative plasma protein therapeutics (such ceruloplasmin, IgA, and plasmin) for the benefit of patients.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ-
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For example, Grifols announced in March 2016 that it would invest US$ 360 million to boost its production capacity for plasma-derived therapies. It is expected that the investment will improve the capacity to separate and isolate different types of proteins from plasma. Furthermore, more money spent on innovation leads to technological advancements in efficient and reasonably priced ways to separate proteins from plasma, which in turn boosts the plasma fractionation market. However, a number of factors, including growing market penetration of recombinant factors, stringent regulations, and concerns over reimbursement, are severely constraining the industry.
๐๐๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐๐ฌ๐ฆ๐ ๐ ๐ซ๐๐๐ญ๐ข๐จ๐ง๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ฎ๐ซ๐ฏ๐๐ฒ
By Product :
Albumin
Immunoglobulins
Intravenous Immunoglobulins
Subcutaneous Immunoglobulins
Others
Coagulation Factors
Factor VIII
Factor IX
Von Willebrand Factor
Prothrombin Complex Concentrates
Fibrinogen Concentrates
Others
Protease Inhibitors
Others
By Method :
Centrifugation
Depth Filtration
Chromatography
Others
By Application :
Neurology
Hematology
Oncology
Immunology
Pulmonology
Others
By End User :
Hospitals & Clinics
Clinical Research
Others
By Region :
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ - https://www.factmr.com/connectus/sample?flag=RC&rep_id=4806
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ ๐๐ซ๐จ๐ฆ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ
MR reports that from 2017 to 2022, the plasma fractionation market had a compound annual growth rate (CAGR) of 6%.
The market for plasma fractionation is anticipated to be valued US$ 32 billion in FY 2022.
Hospitals & clinics is anticipated to lead the market by end-user, with a 6.5% value CAGR.
According to GVR's forecasts, the UK market for plasma fractionation is expected to grow at a compound annual growth rate of 6.7%.
China's plasma fractionation market is anticipated to grow at a compound annual growth rate of 6.9%.
"Growing R&D initiatives, blood donation awareness programs, and corporate investments are anticipated to provide up profitable commercial opportunities for industry players in the global market," comments an analyst at Fact.MR
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
Leading companies in the plasma fractionation market are capitalizing on the constantly rising demand for plasma fractionation across a range of applications. The following are some notable market developments:
Terumo Blood and Cell Technologies opened its newest production facility in Douglas County, Colorado, in May 2022. The company's objectives of enhancing healthcare and expanding its customer base are aligned with the $250 million investment in a state-of-the-art production facility. The 170,000 square foot plant will produce single-use collection sets for the recently FDA-approved Rika Plasma Donation System (Rika) in order to provide clients with source plasma collections.
CSL Behring added new facilities at its manufacturing facility in Broadmeadows, Victoria, in May 2022, in accordance with the National Fractionation Agreement between the National Blood Authority and CSL Behring. The purpose of the new facilities was to increase processing capacity for Australia's expanding annual domestic plasma collections.
๐๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐ฅ๐๐ฌ๐ฆ๐ ๐ ๐ซ๐๐๐ญ๐ข๐จ๐ง๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ฏ๐ข๐๐ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
Grifols S.A.
CSL Limited
Takeda Pharmaceutical Company Limited
Octapharma AG
Kedrion S.p.A
LFB S.A.
Biotest AG
Sanquin
Bio Products Laboratory Ltd.
Intas Pharmaceuticals Ltd
๐๐จ๐ซ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐
Fact.MR, in its new offering, presents an unbiased analysis of the global Plasma Fractionation market, presenting historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.
The study reveals essential insights on the basis of product (albumin, immunoglobulins, coagulation factors, protease inhibitors and others), method (centrifugation, depth filtration, chromatography and others), application (neurology, hematology, oncology, immunology, pulmonology and others), and end user (hospitals & clinics, clinical research and others) across five major regions (North America, Europe, Asia Pacific, Latin America and Middle East & Africa).
๐๐จ๐ง๐ญ๐๐๐ญ:
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