Press release
Global Plasma Protein Therapeutics Market 2018 | Top Companies Analysis - Octopharma, Baxalta, CSL Behring, and Grifols S.A.
In terms of product type, the therapeutic market for plasma proteins includes coagulation factors, immunoglobulins, inhibitors of C1 esterase, albumin and others (inhibitors of alpha-1-proteinase and hyperimmune globulin). Immunoglobulins, among them, currently represent the largest part of this market. Intravenous immunoglobulin (IVIG) is a key product obtained from a large collection of human plasma that contains antibodies against a multitude of bacterial and viral agents. IVIG has extended applications in PID and neurological applications. In immunoglobulin, hyperimmunoglobulin and subcutaneous immunoglobulin are other key subsegments.
The segment of albumin is essential because it is used as a substitute or expander of plasma for therapeutic purposes. Sepsis, septic shock, burn therapy, renal dialysis and therapeutic plasma exchange are essential therapeutic areas in which human albumin is used. In addition, the increase in applications of human albumin as a drug formulator, putty in surgeries, ingredients of vaccines and coatings for medical devices and equipment should increase the market share in years to come.
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Global Plasma Protein Therapeutics Drivers and Restraints:
The global market for plasma protein drugs has been announced for healthy growth due to several factors. Immunoglobulins used in the treatment of primary immunodeficiency disorders (PID) are increasing the potency of plasma protein-based drugs. In addition, the emergence of new therapies derived from plasma and the adoption of modern therapies for the indication of diseases in emerging economies are feeding the market of plasma protein therapies. In contrast, limited reimbursement scenarios and strict regulations governing the end-to-end handling of plasma proteins are barriers to market growth.
Segmentation:
The key segments of the plasma protein market based on the therapeutic application are hemophilia, primary immunodeficiency disorder, idiopathic thrombocytopenic purpura, hereditary angioedema, secondary immunodeficiency and others.
Geographically, North America and Europe are leading regions in plasma protein therapeutics. This is mainly due to the fact that the majority of the plasma for the production of plasma protein products is collected in more than 450 collection centers in the United States and Europe. A large amount of plasma protein is exported from the United States and Europe to the countries of Asia Pacific.
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Top Key Players In Global Plasma Protein Therapeutics
Leading companies in the global plasma protein therapeutics market are Octopharma, Baxalta, CSL Behring, and Grifols S.A. Some other companies operating in the global plasma protein therapeutics market are Biotest, China Biologics, Kedrion Inc., and Shire plc.
Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
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