openPR Logo
Press release

By 2024, Blood products to reach $57.5 billion, reflecting a 5 year CAGR of 8.2%.

11-06-2018 07:49 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Reports Center

Blood Plasma: Market Shares, Strategies, and Forecasts, Worldwide, 2018 to 2024

Blood Plasma: Market Shares, Strategies, and Forecasts, Worldwide, 2018 to 2024

A new study “Blood Plasma: Market Shares, Strategies, and Forecasts, Worldwide, 2018 to 2024” says sales of blood therapeutics were $30.9 billion in 2017. By 2024, Blood products to reach $57.5 billion, reflecting a 5 year CAGR of 8.2%.

Worldwide markets are poised to achieve continuing growth as animal and human blood is further fractionated to address more disease treatments and becomes more effective in the research and development aspects of medical care delivery.

Get Sample now at https://marketreportscenter.com/request-sample/603715

Blood is for most species the essence of life. Blood plasma provides significant health benefits. The varieties of proteins and other components of blood are in demand worldwide. Blood proves its value by managing a variety of ways to treat disease.

The plasma proteins or derivatives in blood are extracted via the fractionation process. A range of valuable products are manufactured from blood plasma through fractionation. Fractionation occurs in tanks at near freezing temperatures. Fractionation is used to maintain the integrity of the proteins in plasma. This process includes a phase of introducing various viral inactivation procedures.

Blood plasma offers high value for its volume and weight. One refrigerated container might be worth more than an entire shipload of grain. Blood provides significant health benefits to people. Blood exports boost U.S. exports with minimal carbon emissions.

Liver disease is a major cause of illness and death worldwide. In China, 400 million people have liver diseases, primarily viral hepatitis (predominantly hepatitis B virus [HBV]). Nonalcoholic fatty liver disease and alcoholic liver diseases are also prevalent diagnoses.

Inquiry for discount at https://marketreportscenter.com/request-discount/603715

The blood plasma market is driven in part by China, and by demand from China for high quality blood from the US. Chinese patients consumed 400 metric tons of serum albumin in 2017, half of the global total of that blood protein. The necessary supply could be provided by the Chinese population, but, many of them are afraid to donate blood.

The reason is a well-remembered 1990s health scare in which tens of thousands of farmers who had been paid to donate blood acquired HIV from unsanitary needles. The ensuing scandal was covered up by the government.

As a result, China has to import about 60% of its serum albumin-and the ever-rising demand has driven up prices. American companies have an edge in the Chinese markets because of the quality of the blood collected. The edge is apparent in the fact that three foreign companies account for 88% of China's serum albumin imports.

The billion-dollar market for blood worldwide has a variety of participants. Thermo Fsher Scientific has the largest market participation. Sales of blood therapeutics were $30.9 billion in 2017. By 2024, Blood products to reach $57.5 billion, reflecting a 5 year CAGR of 8.2%.

Companies Profiled
Thermo Fisher Scientific
Takeda / Shire / Baxalta
Grifols S.A
Avantor / VWR
Corning
GE Healthcare
Octapharma
China Biologic Products Holdings
ANZCO Foods / Bovogen Biologicals
Biotest
Global Cord Blood
Rocky Mountain Biologicals

Key Topics
Blood
Plasma proteins
Immunoglobulins
Albumin
Hemophilia factor proteins
Fractionation
Serum
Blood Plasma
Proteins Components of Blood
Liver Disease
Viral Hepatitis (Predominantly Hepatitis B
Mandatory HCV Screening
Blood Transfusion
High Mortality From Liver Diseases
Serum Albumin, A Substance Found In Human Blood Plasma
Blood Acquired HIV from Unsanitary Needles

Know more about report at https://marketreportscenter.com/reports/603715/blood-plasma-market-shares-strategies-and-forecasts-worldwide-2018-to-2024

Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)

Market Reports Center is an e-commerce platform obliging the needs of knowledge workers, experts, professionals who are subject to market research information for their work, or to make strategic business decisions. We are dedicated to create a comprehensive offering of market research which is accurate, credible and affordable.
Market Reports Center currently has more than 3,00,000 plus titles and 40+ Publishers on our platform and growing consistently. We cover more than 35 industry verticals being: Automotive, Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Construction, Agriculture, Food, Beverages, Banking & Finance, Media and Government, Public Sector Studies

421 Hudson St 613

Sam Collins
Market Reports Center
1-646-883-3044 (US)

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 By 2024, Blood products to reach $57.5 billion, reflecting a 5 year CAGR of 8.2%. here

News-ID: 1353975 • Views: 426

More Releases from Market Reports Center

Youth Sports Video Equipment Market poised to reach $5.5 billion by 2024
The report by Market Reports Center on “Youth Sports Video Equipment: Market Shares, Strategy, and Forecasts, Worldwide, 2019to 2024. The 2019study has 225 pages, 115 tables and figures. Check the discount on report at https://marketreportscenter.com/request-discount/610168 Youth sports teams are being created that leverage video to provide a quality experience for the youthful participants, coaches, and parents. Demand for more video for youth teams comes from a change in the way youth
Alcohol Testers and Drug Tester Equipment Market poised to reach $4.7 billion by …
The report by Market Reports Center on “Alcohol Testing And Drug Testing Equipment: Market Shares, Strategies, and Forecasts, Worldwide, 2019 to 2025” that highlights the in-depth market analysis and covers significant data with future prospects of the market. The 2019 study has 348 pages, 102 tables and figures. Worldwide markets are poised to achieve significant growth as law enforcement and companies test for substance abuse. Worldwide markets are poised to
Global Toxicology Services Market 2018 by Manufacturers, Regions, Type and Appli …
Latest Report at Market Reports Center analyzes the Toxicology Services Market, and says that Toxicology Services Market estimates the steady growth with extensive Compound Annual Growth Rate (CAGR) during the forecast period. Report helps to identify and cover related to product and applications by new market discoveries. Get Sample Report at- https://marketreportscenter.com/request-sample/603270 How will report help you? This market research report provides a detailed analysis of the global Toxicology Services Market with
Electronic Security Systems (ESS) Market Size, Status and Forecast 2018-2025
MRC has published a new research-based report on Electronic Security Systems (ESS) market. This comprehensive report talks about the Electronic Security Systems (ESS) market in terms of definition, classification, application, forecasts, estimations regarding volume and value. It also features the present scenario and prospects with financial and industrial outlook. Moreover, it includes latest trends, current events, and strategies of leading global companies including key developments, partnerships and agreements, mergers &

All 5 Releases


More Releases for Blood

Blood Donation Chair
Blood Donation Chair Size: 190 L * 92 W * 135 - 164 H cm Back plate, the angle of inclination of the leg plate. Height adjustment. The adjustments are all electrically controlled and easy to operate. This product comes with three LINAK motors Maximum load capacity: 240 kg Optional: CPR function, weighing function The marketplace was wholly developed by the Jiangsu Medwish Network Technology Co., Ltd., a private corporation based in Jiangsu,
Global Blood Plasma Market
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis Global Blood Plasma Market. The report analyses the Blood Plasma Market By Type (Immunoglobulins- IV+SC, Albumin, Factor VIII- Plasma Derived, and Others), By Region (North America, Europe, Asia Pacific, Rest of the World) and By Country (U.S, Canada, Germany, France, Italy, China, Japan, India, Australia,
Blood Group Typing Market Banks on Increasing Need for Blood, Blood Products, an …
The global blood group typing market is foreseen to garner a massive demand in the foreseeable future owing to certain factors such as the rising demand for blood and blood products. Nonetheless, the market growth could see an escalation on the back of other factors such as increasing prenatal testing which requires blood grouping, mounting count of road mishaps and trauma incidences requiring blood transfusion, and increasing application in forensic
Blood Group Typing Market Banks on Increasing Need for Blood, Blood Products, an …
The global blood group typing market is foreseen to garner a massive demand in the foreseeable future owing to certain factors such as the rising demand for blood and blood products. Nonetheless, the market growth could see an escalation on the back of other factors such as increasing prenatal testing which requires blood grouping, mounting count of road mishaps and trauma incidences requiring blood transfusion, and increasing application in forensic
Blood Bank Market 2017
ReportsWeb.com has announced the addition of the “Global Blood Bank Market Research Report 2017” The report focuses on global major leading industry players with information such as company profiles, product picture and specification. Blood Bank industry from two aspects. One part is about its production and the other part is about its consumption. In terms of its production, we analyze the production, revenue, gross margin of its main manufacturers and
Artificial Blood Market
Artificial blood is an artificially developed substitute for red blood cells. For decades, scientists have been trying to develop artificial blood from various sources and through different methods to address the shortage of blood for transfusions. Inadequate number of blood donors and the criticality of blood-type rejection have encouraged researchers to develop artificial blood, thus reducing the dependency on blood donors. Transfusion of red blood cells (RBCs) is a standard