openPR Logo
Press release

Platelet and Plasma Market : Illustrious Companies - America’s Blood Centers, American Red Cross, Blood Centers of America, European Blood Alliance, Indian Red Cross Society, Japanese Red Cross Society, Red Cross Society of China, Spanish Red Cross, Sau

10-08-2018 08:10 AM CET | Health & Medicine

Press release from: Global Market Insights, Inc.

Platelet and Plasma Market : Illustrious Companies -

Platelets And Plasma Market will exceed USD 6.5 billion by 2024; as per a new research report.

Increasing number of blood transfusion in regions such as Europe will drive the growth of platelets and plasma market over the forecast period. Millions of people receive donated blood and its components each year. As per the statistics of the European commission over 20 million units of blood or blood components were transfused in 2017. Many developed countries provide a mixed system of compensated as well non-compensated blood donation. Moreover, various government initiatives to encourage blood donation among people will further accelerate the market growth during the forthcoming years.

Growing incidences of rare and infectious diseases such as hepatitis, hemophilia, thrombotic thrombocytopenic purpura will serve to be another impact rendering factor in the growth of platelets and plasma market. Around 3.2 million people in the U.S. are affected by Hepatitis C ultimately leading to hepatocellular carcinoma. Use of platelets and plasma in treatment of hepatocellular carcinoma and other liver diseases will fuel the demand for platelets and plasma. However, lack of treatment affordability in developing countries such as India, China, Brazil and Mexico as well as stringent regulations imposed on plasma collection will restrain the industry growth to some extent throughout the analysis period.

Request sample copy of this report @ https://www.gminsights.com/request-sample/detail/2737

Platelet segment is expected to generate highest revenue of around USD 4.5 billion in 2024, owing to the rising number of surgeries being performed coupled with increasing demand for minimally invasive procedures worldwide. Demand for platelets and its analogs is increasing in recent years owing to its varied prophylactic and therapeutic benefits. Growing incidences of chronic and rare diseases worldwide will further augment the market growth during the forecast period. Furthermore, rising disposable income leading to increasing affordability, developments in healthcare infrastructure as well as growing adoption of advanced technologies will accelerate the growth of platelets and plasma market in the coming years.

Thrombocytopenia segment will grow at a robust CAGR of around 2.9% over the foreseeable period attributable to the growing number of thrombocytopenia cases worldwide. Thrombocytopenia is characterized by reduced platelet count owing to number of factors such as chemotherapy drugs, heavy alcohol consumption and leukemia. According to the Journal of Hepatology, thrombocytopenia is commonly found in around 76% patients suffering from chronic liver diseases. Rising prevalence of rare infectious diseases coupled with growing elderly population base will fuel the demand for platelets and plasma over the forecast period.

Hospitals segment dominated the market in 2017 with a revenue share of around 62.5% and is estimated to show remarkable growth in the coming years. Rising number of hospitalizations owing to prevalence of chronic diseases such as hepatitis C, hemophilia and other rare diseases will drive the platelets and plasma market growth during the analysis period. Availability of advanced healthcare facilities, growing elderly patient base as well as reimbursement policies for hospital treatments will upsurge the size of platelets and plasma market during the analysis timeframe.

U.S. platelets and plasma market accounted for the highest revenue of USD 2 billion in 2017 owing to the rising incidences of chronic diseases coupled with increasing geriatric population base will augment the market growth. For instance, plasma is used in the treatment of neurological disorders such as multiple sclerosis, inflammatory dysimmune neuropathies and myasthenia gravis. High adoption of technological advancements as well as availability of advanced healthcare facilities will drive the market growth. Moreover, increased smoking, lifestyle changes and other environmental factors will further boost the demand for platelets and plasma during the forthcoming years.

Make Inquiry about this report @ https://www.gminsights.com/request-sample/detail/2737

Some of the notable industry players of global platelets and plasma market are America's Blood Centers, American Red Cross, Blood Centers of America, European Blood Alliance, Indian Red Cross Society, Japanese Red Cross Society, Red Cross Society of China, Spanish Red Cross, Saudi Red Crescent Authority and South Africa Red Cross Society. Industry players are primarily focusing on developing novel technologies to diversify the product applications for treatment of various diseases. They are also emphasizing on mergers, partnerships and collaborations to encourage blood donation and use of blood components in disease treatments.

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Platelet and Plasma Market : Illustrious Companies - America’s Blood Centers, American Red Cross, Blood Centers of America, European Blood Alliance, Indian Red Cross Society, Japanese Red Cross Society, Red Cross Society of China, Spanish Red Cross, Sau here

News-ID: 1285683 • Views: 188

More Releases from Global Market Insights, Inc.

Recycled elastomers market trends analysis, growth, Size, forecasts with top key …
As pr estimates that global recycled elastomers market size will be worth more than US$6 billion by 2025. The industry share is classified on the basis of raw material, application and region. The raw material segment is further segmented into natural rubber, chloroprene rubber, polyurethane rubber, propylene rubber, NBR, SBR, and others. Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/2791 The raw material segment in the recycled elastomers market is
Metallic Pigments Market Size, Growth Opportunity 2024 |Top Companies are BASF, …
As per the Global Market Insights, Global metallic pigments market size is projected to hit USD 2.3 billion in annual sales by 2024. Mentioned below are some of the integral factors expected to support developments in metallic pigments market share through 2024. Increasing awareness among people regarding the need to use sustainable, low carbon emission paints and coatings is a major factor supporting developments in metallic pigments market. Aluminum and copper
Pressure Sensitive Tapes and Labels Market Overview with Detailed Analysis, Comp …
The unprecedented growth pace of pressure sensitive tapes and labels market is rather evident from Distell’s recent move towards adoption of pressure sensitive labels, As per news sources, the South Africa based multinational brewing and beverages company- Distell, in April this year, announced partnering with MCC to furnish the re-launch of Esprit in the nation with a conversion from paper to pressure sensitive labels. Official sources claim that switch to
Cosmetic Contact Lenses Market Current Business Trends & Growth Opportunities 20 …
Having garnered a considerable remuneration potential over the recent years, cosmetic contact lenses market has registered its name in the billion dollar business across the overall polymers and advanced materials industry. Back in time, contact lenses were regarded as a way toward an enhanced quality of life without the need for glasses, and despite being regarded as a medical device, the product’s use has seen massive demand from the cosmetic

All 5 Releases


More Releases for Red

Red Hat Expands Red Hat Developer Program with No-Cost Red Hat Enterprise Linux …
DUBAI, UAE, 3rd April, 2016 – Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced the availability of a no-cost Red Hat Enterprise Linux subscription, available as part of the Red Hat Developer Program. Offered as a self-supported, non-production developer subscription, the Red Hat Enterprise Linux Developer Suite provides developers with a more stable development platform for building enterprise-grade applications and enables a clear
Red Hat Updates Red Hat Academy, Brings Red Hat OpenStack Cloud Technology Educa …
DUBAI, United Arab Emirates, 14th January, 2014 - Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source solutions, today announced updates to Red Hat Academy, the company’s open source education program that offers turnkey curriculum materials for educational programs in global secondary and higher education institutions. Red Hat has expanded Red Hat Academy to include content on Red Hat Enterprise Linux OpenStack Platform and Red Hat JBoss
red dot awards for Ottobock
Awards for three product designs Ottobock impressed the 37 experts of the jury at this year's "red dot award: product design 2013" with its sport prosthesis, 1C63 Triton Low Profile prosthetic foot and Patella Pro knee orthosis. Among a total of 4,662 entries, these medical technical devices were selected both for their innovative concept and their high design quality. The award ceremony for the internationally recognised seal of quality will be
Red Hat Releases Red Hat Enterprise Linux 6.2
DUBAI, United Arab Emirates, 11th December, 2011 – Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source solutions, today announced the general availability of Red Hat Enterprise Linux 6.2. With this milestone, Red Hat includes many enhancements that deliver benefits spanning multiple areas, including performance and scalability. Red Hat Enterprise Linux 6 operating system achieved the largest multi-core Linux configuration results certified to-date on the two-tier SAP®
Red Hat to Acquire Gluster
DUBAI, United Arab Emirates – October 20, 2011 – Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions to the enterprise, today announced that it has signed a definitive agreement to acquire Gluster, Inc., a leading provider of scale-out, open source storage solutions for standardizing the management of unstructured data. With this acquisition, Red Hat will define a new baseline for how enterprise IT manages the
The Internet is turning Red
(Hamburg, April 23, 2009) The English language has dominated the Internet since it began, and until recently has had very little competition for its number one position. With China now rising to become one of the fastest growing world powers, and experiencing the highest rate of Internet user growth ever seen, is this the decade we will see the Internet turn red? bab.la has recently completed a research project aiming to